CapitaLand officially launching Marine Parade condo

CAPITALAND is officially launching a residential project in Marine Parade this Saturday at an average of S$1,700 per sq ft (psf), more than two years after its soft launch in January 2015. A total of 38 units have been sold as of last month.

The official launch of the 124-unit Marine Blue comes after the government's move last Friday to ease property market cooling measures that have been in place since 2013.

Under the revisions, each tier of the seller's sta…