Grand Cairnhill Somerset
Other developers have undertaken conversions such as this in the past. One instance was Far East Organization, a private developer, who converted a bloc of serviced flats on Orchard Street after the projects completion in 2007. A block of serviced flats was also integrated in the condo project Seahill located in the Somerset Grand Cairnhill Condo, and which was launched in 2012 once the conditions of its tender allowed it.
Orchard Condo Prices
Because of the tenure of the land, freehold houses are usually more attractive to customers within the open-market as versus the leasehold properties. Nevertheless, the remarkably high asking purchase prices of these freehold properties in Somerset Cairnhill Condo may have triggered an increase in the quantity being set up for auction in recent quarters,” Lee explained.Regarding total sales, the quantity of properties effectively auctioned off rose to 10 through the third quarter from nine in the preceding …
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