06 December 2010 (www.channelnewasia.com)

SINGAPORE : CapitaLand and its partners have sold 82 per cent of the 250 units released for the initial launch of its d’Leedon development.

The units sold include 52 apartments that were purchased by former Farrer Court owners whom had sold the development’s site en bloc in 2007.

CapitaLand said the units were priced at an average of S$1,680 per square foot.

The development is the first condominium in Singapore to be designed by renowned Pritzker Architecture Prize winner Zaha Hadid and has a total of 1,715 units.

The developer said the apartments would be spread over seven residential towers, with facilities tailored to the lifestyles of different groups of residents.

The residential towers would occupy only 22 per cent of the 840,000 square feet site. This would leave over 650,000 square feet dedicated to greenery and recreational facilities.

Looking ahead, CapitaLand said it’s confident of seeing continued interest in the project, especially after the December holiday season.