Why are developer please with new launch responses?

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PROPERTY group CapitaLand's 268-unit residential development, Cairnhill Nine, has sold 134 of its 200 units over the weekend.

The units sold range from 591 square feet to 3,864 square feet, including one-bedroom, one-bedroom plus guest room, two-bedroom, two-bedroom plus guest room and four-bedroom units as well as penthouses. Upcoming executive condo include The Visionaire EC, Treasure CrestWandervale EC, Parc Life EC while existing ones include The Terrace EC, Brownstone EC, Waterwoods EC, Signature at Yishun, Skypark Residences, The Vales EC, The Criterion EC, Bellewaters EC, Bellewoods EC.

The one-bedroom plus guest units were the most well-received with 80 per cent out of 90 units sold.

"To date, about 50 per cent of buyers are Singaporeans, while the remaining 50 per cent are from Indonesia, Malaysia and China," said a spokesperson from CapitaLand Singapore. "We are pleased with the strong response to the VIP preview and official launch, and will be stepping up on our marketing efforts by having roadshows in cities such as Jakarta, Surabaya, Solo, Shanghai and Hong Kong."

The 99-year leasehold residential development is located in the heart of Orchard Road district and is targeted at young professionals, families and foreign buyers.
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