Follow up quotations from today's Business Times 22nd Sep
From BT today :) :
"CapitaLand recently said that it will go ahead with the launch of its new 1,715-unit condominium on the former Farrer Court site in Farrer Road by the end of this year.
The chief executive of the group's Singapore residential arm, Wong Heang Fine, said that while the new government measures have created some 'flux' in the market, things should 'settle in a couple of months'.
The launch of the Farrer Road project will be closely watched as it is the largest single residential development likely to be offered to homebuyers in the near future.
CapitaLand is likely to hedge its bets by rolling out the development in phases, similar to what City Developments and the Hong Leong Group did with their 642-unit NV Residences in Pasir Ris."
Capitaland rolls out 1,715-unit D'Leedon on Farrer Rd
CAPITALAND has started marketing D'Leedon, the 1,715-unit, 99-year leasehold residential project it will build on the site of the former Farrer Court.
http://www.businesstimes.com.sg/mnt/...S_UMPROP23.jpgIn bloom: D'Leedon will comprise seven high-end residential towers and 12 villas
The D'Leedon showflat has been built and agents have started distributing flyers to prospective buyers.
Units in the District 10 project on Farrer Road will mostly be priced upwards of $1,600 per sq ft (psf) for the most part, BT understands.
In terms of the number of units, D'Leedon is believed to be the largest single condominium project ever in Singapore.