{"id":8148,"date":"2016-03-14T10:12:35","date_gmt":"2016-03-14T03:12:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/solid-weekend-sales-at-the-wisteria-cairnhill-nine\/"},"modified":"2016-03-16T21:08:25","modified_gmt":"2016-03-16T14:08:25","slug":"solid-weekend-sales-at-the-wisteria-cairnhill-nine","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/solid-weekend-sales-at-the-wisteria-cairnhill-nine\/","title":{"rendered":"Solid weekend sales at The Wisteria, Cairnhill Nine"},"content":{"rendered":"


\nCairnhill Nine drew a strong response during the VIP preview and official launch. (Photo: CapitaLand)
\nTwo newly launched private residential projects reported brisk sales over the weekend, an indication that units within integrated developments remain popular despite the lacklustre housing market.
\nThe Wisteria in Yishun sold more than 80 percent, or 116 of the 138 units released for sale.
\nIts developer Northern Resi initially launched 108 units on Saturday (12 March), priced from $1,030 psf to $1,050 psf on average. Subsequently, another 30 units were released due to keen interest for the smaller units, leading to more sales.
\n\u201cBuyers are drawn to this project because of its affordability and its convenience of being above a lifestyle mall,\u201d said Michael Leong, CEO of Keppel Land Retail Management, the project and marketing manager for The Wisteria.
\nThe 99-year leasehold project features 216 condominium units spread across three nine-storey towers, built on top of a two-storey shopping mall. Prospective buyers can choose from one- to four-bedroom apartments, with unit sizes ranging from 441 sq ft to1,173 sq ft.
\nThe Wisteria is expected to be completed by the end of 2018.
\nMeanwhile, CapitaLand\u2019s 268-unit Cairnhill Nine development in the Orchard area has found buyers for 70 percent, or 134 of the 200 units launched on Saturday.
\nThe 99-year leasehold condominium is part of an integrated development that includes a serviced residence called the Ascott Orchard Singapore.
\nThe units sold include one, two, and four-bedroom units as well as penthouses, measuring between 591 sq ft and 3,864 sq ft. The one-bedroom+guest units have been the most well-received to date, with 80 percent of the 90 apartments sold.
\nAround 50 percent of the project\u2019s buyers are Singaporeans, while the rest are from Indonesia, Malaysia and China.
\nCommenting, a spokesman from CapitaLand said: \u201cWe are pleased with the strong response to the VIP preview and official launch, and will be stepping up our marketing efforts by having roadshows in cities such as Jakarta, Surabaya, Solo, Shanghai and Hong Kong.\u201d
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Solid weekend sales at The Wisteria, Cairnhill Nine<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cairnhill Nine drew a strong response during the VIP preview and official launch. (Photo: CapitaLand)...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-8148","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-27q","jetpack-related-posts":[{"id":8140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-sales-down-almost-23-from-year-ago\/","url_meta":{"origin":8148,"position":0},"title":"Developer sales down almost 23% from year ago","date":"March 16, 2016","format":false,"excerpt":"\r The best-selling project in February was The Panorama in Ang Mo Kio. New private home sales in Singapore fell by 22.8 percent to 301 units in February 2016, from 390 units in the same period last year, according to data released by the Urban Redevelopment Authority (URA) on Tuesday,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8201,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-indonesian-interest-for-cairnhill-nine\/","url_meta":{"origin":8148,"position":1},"title":"Strong Indonesian interest for Cairnhill Nine","date":"March 4, 2016","format":false,"excerpt":"\r Artist\u2019s impression of CapitaLand\u2019s latest development at Cairnhill. A significant number of condo units have been reserved at the 268-unit Cairnhill Nine development in the Orchard area, after its developer CapitaLand held a VIP preview in Jakarta on 20 to 21 February, reported The Business Times. Potential buyers deposited\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11004,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-new-private-home-sales-highest-in-8-months\/","url_meta":{"origin":8148,"position":2},"title":"Singapore\u2019s new private home sales highest in 8 months","date":"April 20, 2016","format":false,"excerpt":"\r Analysts say the period of March-May tends to see an increased level of activity The Wisteria in Yishun is currently 58 percent sold Property developers in Singapore sold 843 private housing units, excluding executive condominiums (ECs), in March 2016, according to new data released by the Urban Redevelopment Authority\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cairnhill-mansions-to-go-on-sale-for-362m\/","url_meta":{"origin":8148,"position":3},"title":"Cairnhill Mansions to go on sale for $362m","date":"October 6, 2017","format":false,"excerpt":"\r The 18-storey Cairnhill Mansions comprises 61 apartments. (Photo: CBRE) The freehold Cairnhill Mansions project in District 9 will be launched for collective sale in a few weeks\u2019 time, marketing agent CBRE revealed on Thursday (5 October). The 61-unit project has a guide price of $362 million, which works out\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88551,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/8-more-properties-launched-for-en-bloc-sale\/","url_meta":{"origin":8148,"position":4},"title":"8 more properties launched for en bloc sale","date":"May 17, 2018","format":false,"excerpt":"\r Cairnhill Astoria (the red building) in prime District 9 has joined a growing list of properties launched for en bloc sale. (Photo: Colliers International) Singapore\u2019s red-hot collective sales market continues to sizzle with more homeowners jumping on the en bloc bandwagon. Cairnhill Astoria in Cairnhill Rise and Trendale Tower\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74414,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cairnhill-heights-eyes-80mil-in-collective-sale-tender\/","url_meta":{"origin":8148,"position":5},"title":"Cairnhill Heights eyes $80mil in collective sale tender","date":"December 13, 2017","format":false,"excerpt":"\r Cairnhill Heights, a 19-unit residential development at Cairnhill Rise, is set to be launched for en bloc sale tender on 19 December, reported Business Times. This comes after over 90 percent of the owners have agreed to the sale. The owners are looking at a sale price of more\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/8148"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=8148"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/8148\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=8148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=8148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=8148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}