Capitaland Singapore has previously bought from its own subsidiary Somerset Grand Cairnhill for $359 million to redevelop the property. Plans are underway to redevelop the property and then sell it back to Ascott Residences Trust for $405 million. Capitaland has also agreed to pay $160 million to $180 million to renew the lease to 99 years in order to redevelop the property.

A look at the recent transactions indicate that the Orchard condominiums around Cairnhill can sell for around $2,500 – $3,500 psf. The average indicative Altura EC price listed below shows at Cairnhill Nine is selling only from around $2,300 psf which indicate that Cairnhill Nine might be selling more attractively compare to others. The Orchard area remains a highly attractive area to look at due to its cosmopolitan nature as well as many shopping centres which makes it a very vibrant area to live in. Please kindly see …

Orchard Road, a boulevard that stretches for some 2.2 km and is the entertainment and retail center in one of the most magnificent cities in the world Singapore. This area, which is known as the Orchard is one of the premier tourist attractions of Singapore. The area once famous for its orchards and plantations during the early part of the 20th century gives this area its ambiance as well as its name. Some of the newest properties of District 09 can be found here at Canninghill Square. District 09 properties maybe more expensive compared to other developments. Please see the gallery also for more information.

Know to the locals, as Tang Leng Pa Sat Koi or Tanglin market and Vaira Kimadam, fakir’s place, which it’s known by not only the Singaporeans, but also the Chinese, and Tamil who live there. This is but one of 55 urban planning areas under …

ION and Orchard, formerly the Orchard Turn Development or just plain Orchard Turn Site
This is another area where retail and residential living combine to give you 335 food and retail outlet shops as part of the overall residential development by Orchard Turn Developments PTE Limited, which is a joint venture between CapitaLand and Sun Kai Properties and started operating July 21, 2009.

The Orchard Residences as the high-rise condominium is known as, was completed along with this vast shopping mall in Hillhaven Condo 2010 and has a leasehold for 99 years starting in March 2006.

Ion Orchard Shopping Centre

On February 5, 2007, and July 16, 2007, both the Orchard Residences and ION Orchard were built on land that used to be a park. All this connects the ION Orchard development to the MRT station’s exit E, which opened on January 15, 2008.

With over 941,700 sq. ft and …

Ascot resident trust sells Cairnhill for $359 million, but will buy it back at over $400 million and still expects to make a killing in the residential market
Southeast Asia’s largest property developer has said that it will buy Somerset Grand Cairnhill, which is a prime residential area in Singapore from its subsidiary an Ascot Resident Trust and turn it into an integrated development area.

Ascott Residence Trust

This area is located just off Orchard Road and this redevelop property will be made up of a 20 story serviced residence with the hotel license and a high-end 30 story residential development and it will encompass 466,429 sq ft of living space.

The serviced resident portion will take up 40% of the total area at almost 190,000-ft.² will house 371 units and is expected to be ready for occupancy in the 3rd quarter of 2017, after which it will be sold …

Please see the above for the showflat location for Cairnhill Nine. As construction has already commenced and there is no available space at the Orchard Road area, the showflat has to be located off site at Indus Road.

The showflat will open from 27 Feb. Please kindly register your interest for showflat viewing here.…

Please see the below for the elevation chart for Cairnhill Nine. The elevation chart shows that there are a total of 90 units of Bukit Batok EC 1 Bedroom + Guest which indicate that around 1/3 of the development is made up of the type.

Elevation Chart Cairnhill Nine

This is due to the fact that most buyers might be looking at Cairnhill nine condo by investment and 1 + Guest is an excellent layout that allows flexibility in renting out the unit coupled with rental yield potential. The layout is also excellent for young couples looking for their own personal space and the guest room can be converted into an additional study room or wardrobe space.…

When the financial crisis hit it gave a lot of multinational managers for Somerset Condo Capitaland a good reason to cut back on housing benefits, with many adapting to the adage of not letting a good crisis be wasted. As a result, many of these firms were using the financial crisis as an excuse for cutting the more generous housing packages, while shifting the responsibility for finding accommodations to the expat employee.

Somerset Service Suites Review

It has been advised to not hold our breaths hoping that, in the near future, rents and demand will pick up again for Somerset Grand Cairnhill Condo Capitaland. This is due to the Government’s policy on the immigration situation being touch and go, making it more unlikely that Somerset Cairnhill Condo employers will go back to those better years before the financial crisis hit where the expatriate housing budget for Somerset Grand Cairnhill Condo …

A few days ago Mr. Lee made the announcement that a Proximity Housing Grant will be introduced by the Government for all Singaporeans as a way to assist them in living closer to their parents. The grant will be offered to those who are wishing to buy resale flats near or with their parents, or to parents who are wanting to purchase a resale flat closer to their own married children in Somerset Cairnhill Condo.

Capitaland Cairnhill Condo Details

One analyst believes that, as a result of this grant for Somerset Grand Cairnhill Condo Capitaland, we may witness a rise over the weeks ahead in resale flat demand.

Mr. Lim has pointed out that many children wished to live closer to their parents and this would benefit families greatly. The move can solve a practical issue for Somerset Cairnhill Condo Orchard since children tend to live in the newer estates …

There has been evidence of a new focus on Good Class Bungalows (GCBs), because a site has been bought in Windsor Park for $21.8 million. This is the only GCB deal in the area since 2013.

The freehold propery located at 122 Windsor Park Road, just off Upper Thomson Road, comes with a land area of 20,383 sq ft for Capitaland Condo. This can be calculated at around $1,070 per sq ft.

This is slightly less than the two deals which were made in January 2013 – a site at 2 Windsor Park Hill (bought for $25.3 million) and a site at 55 Windsor Park Road (bought for $27 million).

Somerset Grand Cairnhill Condo Capitaland

As indicated by the title deed for the property, the buyer is a member of the Tng family. The new owner manages a Singapore enterprise; a local development and construction business. The reports suggest that …