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Thread: Low Keng Huat to launch Klimt Cairnhill at prices from $3,532 psf

  1. #1
    Join Date
    Oct 2011

    Default Low Keng Huat to launch Klimt Cairnhill at prices from $3,532 psf

    Low Keng Huat to launch Klimt Cairnhill at prices from $3,532 psf

    By Cecilia Chow

    August 27, 2021

    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.”

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    Sep 2021

    Default Re: Low Keng Huat to launch Klimt Cairnhill at prices from $3,532 psf

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