Owning a freehold property in Core Central Region

A Core Central Region (CCR) property sitting atop Cairnhill Rise, Cairnhill16 is a freehold, high-end boutique condo set for completion by March 2023.

The 39-unit project previewed on Nov 13 recently won the best luxury condo interior design award at the Asia Property Awards 2021.

Cairnhill 16 was likewise ‘Highly Commended’ in the Best Boutique Condo Interior Design, Best Luxury Condo Architectural Design and Best Boutique Condo Architectural Design categories – a testament to its project quality.

Anchor developer TSky Development said the preview leading to the official launch on Nov 27 was well-received, with 95 groups of unique potential clients visiting the show flat.

Amid cooling measures such as the increasing Additional Buyer’s Stamp Duty and tightening Total Debt Servicing Ratio, TSky Development and Seacare Property Development (10%) adopt a cautiously optimistic outlook in 2022, since Cairnhill16 continues to offer value with starting price of below $3,000 psf despite escalating land price and construction costs.

Industry players believe the freehold enclave near the Orchard shopping belt has the edge over developments on a 99-year lease.

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