reporter2
30-08-21, 11:46
Low Keng Huat to launch Klimt Cairnhill at prices from $3,532 psf
By Cecilia Chow
August 27, 2021
https://www.edgeprop.sg/property-news/low-keng-huat-launch-klimt-cairnhill-prices-3532-psf
https://i.imgur.com/iFzT82G.jpg
Showflat of the two-bedroom prime unit designed like a bachelor pad by Roy Teo of Kri:eit Associates
SINGAPORE (EDGEPROP) - Singapore-listed construction and property development company Low Keng Huat is launching its maiden luxury condo Klimt Cairnhill on August 28. The 138-unit luxury project is a redevelopment of the former Cairnhill Mansions, which Low Keng Huat had purchased en bloc for $362 million in February 2018. What is little known is that when Low Keng Huat purchased Cairnhill Mansions en bloc, the original intention was to redevelop the site into “The Ritz-Carlton Residences 2”. This is because the plot abuts The Ritz-Carlton Residences’ site at 65 Cairnhill Road and could potentially be interlinked.
Low Keng Huat approached KOP Properties, the developer of the luxury 58-unit The Ritz-Carlton Residences. “We explored how we could amalgamate the two sites but unfortunately, it couldn’t happen because of the technical and legal issues involved,” says Alvin Teo, executive director of Low Keng Huat who joined the firm in April this year from Sun Venture, where he was the former head of real estate. “So the idea was dropped.”
Read more at: https://www.edgeprop.sg/property-news/low-keng-huat-launch-klimt-cairnhill-prices-3532-psf
By Cecilia Chow
August 27, 2021
https://www.edgeprop.sg/property-news/low-keng-huat-launch-klimt-cairnhill-prices-3532-psf
https://i.imgur.com/iFzT82G.jpg
Showflat of the two-bedroom prime unit designed like a bachelor pad by Roy Teo of Kri:eit Associates
SINGAPORE (EDGEPROP) - Singapore-listed construction and property development company Low Keng Huat is launching its maiden luxury condo Klimt Cairnhill on August 28. The 138-unit luxury project is a redevelopment of the former Cairnhill Mansions, which Low Keng Huat had purchased en bloc for $362 million in February 2018. What is little known is that when Low Keng Huat purchased Cairnhill Mansions en bloc, the original intention was to redevelop the site into “The Ritz-Carlton Residences 2”. This is because the plot abuts The Ritz-Carlton Residences’ site at 65 Cairnhill Road and could potentially be interlinked.
Low Keng Huat approached KOP Properties, the developer of the luxury 58-unit The Ritz-Carlton Residences. “We explored how we could amalgamate the two sites but unfortunately, it couldn’t happen because of the technical and legal issues involved,” says Alvin Teo, executive director of Low Keng Huat who joined the firm in April this year from Sun Venture, where he was the former head of real estate. “So the idea was dropped.”
Read more at: https://www.edgeprop.sg/property-news/low-keng-huat-launch-klimt-cairnhill-prices-3532-psf