Cairnhill Nine - the latest integrated development by CapitaLand based on the former Somerset Grand Cairnhill opposite Paragon along Orchard Road will be set at "Prices" "to fit market conditions". The residential tower with 268 high-end units and an Ascott serviced residence wil be ready for the completion in end-2016.
With the consideration to recommend a reasonable quantum for the Orchard Road area, Cairnhill Nine's average price at approximately S$2,500 per square foot (psf) and a large number of its units will be transacted at S$3 million and below.
Among the slowndown of the current market as well as Loan curbs for property, besides lower price quantums, the increasingly high proportion of small units in developments is also an important elements to draw the attention of homebuyers
"When this project was designed, we noticed the market has shifted to smaller units because once all the cooling measures come in, people are very constrained on the absolute quantum (they can borrow), whereas for the neighbouring Orchard Residences, Urban Resort and Urban Suites (which are also CapitaLand projects), those days the fashion was to do as big as possible. We go through cycles." - CapitaLand Singapore CEO Wen Khai Meng said.
Cairnhill Nine Indicative Price Range
| Unit Type | Units | Area (sqm) | Area (sqft) | Price Range ($mil) |
| 1 Bedroom (Type A) | 47 | 55 – 73 | 592 – 786 | $1.35 – $1.71 |
| 1 Bedroom + Guest (Type B) | 90 | 68 – 90 | 732 – 969 | $1.60 – $2.11 |
| 2 Bedroom (Type C) | 38 | 96 – 123 | 1,033 – 1,324 | $2.49 – $2.99 |
| 2 Bedroom + Guest (Type D) | 63 | 96 – 123 | 1,033 – 1,324 | $2.56 – $3.06 |
| 4 Bedroom (Type E) | 22 | 142 – 187 | 1,528 – 2,013 | $3.68 – $4.02 |
| Penthouse (Type F & G) | 8 | 223 – 359 | 2,400 – 3,864 | $5.80 – $6.67 |
| Total | 268 | |||
The mixture of various units in Cairnhill Nine Condo are ranged from 591 square feet to 3,864 square feet. The asking price for one bedder to four bedder will be set between S$1.35 million and S$3.68 million and all Penthouses are sold from S$5.8 million to S$6.67 million.
Maintenance Fee
Highlights of Cairnhill Nine's briefing
- A VVIP PREVIEW of Cairnhill Nine is held at its Indus Road Show Gallery on Feb 27
- VIEWING BY APPOINTMENT begins the following weekend.
- THE OFFICIAL LAUNCH could be in mid-March 2016
Cairnhill Nine' Price extends the flexibility and the affordability to response well the current market conditions despite of its boons of location, architecture, as well as deluxe facilities.
Don't hesitage to contact us by dialing HOTLINES: +65 9738 7588 or filling the form to get Price Listing or the latest news of this Mixed-Condo in Orchard.
