14 Feb '17, 12pm

Over 55% of The Peak @ Cairnhill II sold at launch

The Peak @ Cairnhill II, a freehold 18-storey luxurious development by TG Development, received robust response during its launch in January, with 34 out of 60 units snapped up at an average price of S$2,700 psf. This brings the development’s total take-up rate to over 55 percent. Located within the prime Orchard Road district, The Peak @ Cairnhill II comprises 58 two-bedroom and two-bedroom penthouse units. Of these, 28 units measure 829 sq ft and another 28 units measure 904 sq ft. Sizes of the two-bedroom penthouse units, on the other hand, stood at 1,884 sq ft and 1,864 sq ft respectively. “The luxury marketing is indeed showing signs of improvement in 2017. We are heartened by the good take up rates of our development as reflected by the 34 units sold to date,” said TG Development managing director Ong Boon Chuan. Data from the Urban Redevelopment Authority’s (URA) sh...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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