Originally Posted by
wesing
Extracted from The Business Times dated July 8, 2011:
In the private housing segment, Cheung Kong Holdings today previews its Thomson Grand project opposite Singapore Island Country Club. The posh sales gallery cost over $8 million and incorporates more than 100,000 Swarovski crystals, including the chandelier center-piece. The sales gallery embodies certain features of the project's Faberge Clubhouse, which will resemble a bejewelled egg.
The initial batch of 50 units in the 361-unit project comprises two, three and four-bedroom apartments as well as strata terrace houses.
Cheung Kong said that he terrace houses, with strata areas of 5,102-6,566 sq ft, will be priced at $3.5-4.6 million while apartment prices will range from $1.4 million for a two-bedder to $3.8 million for a four-bedroom unit. It said that all apartments will cost above $1,400 psf. However, sources suggest that $1,400 psf is more likely to be the average price.
Cheung Kong clinched the 99-year leasehold site for %533 psf ppr in late 2009.