http://www.theedgeproperty.com.sg/content/why-did-recent-launches-see-such-strong-sales Why did recent launches see such strong sales? By Michael Lim / The Edge Property | March 21, 2016 9:00 AM MYT Tags: Cairnhill NineThe WisteriaWandervale Two private condominium projects launched over the weekend of March 12 and 13 saw strong sales. CapitaLand's Cairnhill Nine, located off Orchard Road in prime District 9, is 50% sold, with 134 of the 268 units snapped up at an average price of $2,500 per sq ft. Meanwhile, in Yishun, The Wisteria saw 53% of its 216 units sold at $1,030 to $1,050 psf. It was a similar story for Wandervale EC (executive condo) in Choa Chu Kang, where 50% of its 534 units were sold on the first weekend of launch earlier this month at an average price of $755 psf. "To have 50% of total units sold during the first weekend is above the norm in the current market," says Alan Cheong, Savills Singapore's head of research. "Since the introduct...
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