30 Jun '14, 5am

City Gate developers mum about pricing, Singapore Property News, Singapore Property Guides

City Gate developers mum about pricing, Singapore Property News, Singapore Property Guides

World Class and Fragrance will build the mixed development on the site of Keypoint, which they bought for $360 million in 2012 from Frasers Commercial Trust. WORLD Class Land, a unit of listed Aspial Corporation, and Fragrance Group will today open the doors to their City Gate project's showflat at its Keypoint site on Beach Road. The 30-storey, 99-year leasehold project will include 311 apartments and 188 retail units. The apartments range from one to three-bedroom suites and dual-key units, and one to four-bedroom penthouses. One and two-bedders range from 431 sq ft to 570 sq ft. The two and three-bedroom dual-key units are sized between 678 sq ft and 915 sq ft, while the penthouses are between 484 sq ft and 1,819 sq ft. The developers declined to provide any price indication. Market talk is that indicative pricing for 18th floor units are: $948,000 or $2,100-plus per sq...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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