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More luxury condos to cross S$4,000 psf mark

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Published Thu, Jun 14, 2018 · 09:50 PM
    Demand surge

    Singapore

    LUXURY residential properties crossing the S$4,000 per square foot (psf) mark in Singapore's prime Orchard Road district have been few and far between in recent years, but this could change, given the recent spate of record-setting land sales and upcoming launches in the district.

    Hong Kong-listed Shun Tak Holdings said on Wednesday that it has purchased two freehold redevelopment sites for a total of S$593.5 million in Orchard Boulevard and Nassim Road.

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