CapitaLand paid up the charges for 1,040-unit of The Interlace condo which should have been purchased by March 13. This is to give them another 6 calendar months extension for the rest of the units to be bought within the appointed time.
It has been accounted that CapitaLand Hit S$2.7 million Extension Costs for the Interlace for the 127 unsold units at The Interlace condominium, which makes out to S$21,000 or S$7 psf per unit.
Furthermore, the 55 units of Nassim and 109 units of Victoria Park Villas will be available for launching in H1 2016. There were also approximately 193 out of 268 units that has been sold-out as of April 14 for Cairnhill Nine. Because of the divestment of a property in Somerset ZhongGuanCun, Beijing, CapitaLand magnified its gain by 20 percent from S$381.5 million to S$458.2 million.
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