CDL to preview Haus on Handy at prices from $1.188 mil

/ EdgeProp Singapore
June 28, 2019 11:23 PM SGT
City Developments Ltd (CDL) will hold an exclusive private preview of the 188-unit Haus on Handy this Saturday, June 29. The project is located on Handy Road, within a two-minute walk of the Plaza Singapura shopping mall, which is linked to the Dhoby Ghaut MRT interchange station for the North-South, North-East and Circle Lines.
The 188-unit Haus on Handy has two residential blocks of 9- and 12-storeys (Credit: CDL).
Located between Haus on Handy has two residential blocks of 9- and 12-storeys. There is a mix of one- to three-bedroom units with sizes ranging from 420 to 1,141 sq ft. There are also six units of three-bedroom dual-key apartments.
Prices start from S$1.188 million for one-bedroom, S$1.668 million for two-bedroom and S$2.708 million for three-bedroom. The development is expected to be launched in July.
CDL purchased the 51,626 sq ft, 99-year leasehold site in a government land sale (GLS) in January 2018 for $212.2 million ($1,722 psf per plot ratio).
The existing heritage bungalow on the site will be converted into a clubhouse with facilities for residents at Haus on Handy (Credit: CDL)
There’s a conserved bungalow within the site, which will be converted by CDL into a clubhouse with facilities for the residents of Haus on Handy. A covered walkway will be built to connect Haus on Handy to The Cathay.
“Haus on Handy offers a compelling investment opportunity with strong rental potential,” says Chia Ngiang Hong, CDL group general manager. “We expect that the development will attract homebuyers and investors looking for an exceptional project with all the excitement that city living has to offer.”