In August 2021, the luxury condo Klimt Cairnhill was previewed and officially launched in January 2022. Since then, only 14 out of the 138 units in the freehold condo are available for sale, all of which are three-bedroom apartments.
The developer of Klimt Cairnhill, Singapore-listed property group Low Keng Huat, is offering a “one-price promotion” for five of the 14 units. These are 1,432 sq ft units spanning from the 19th to 23rd floors of the 36-storey tower. The “one-price promotion” offers a flat price of $5.138 million or $3,588 psf for each unit across all five floors. There is also one remaining 1,432 sq ft unit on the 10th floor, priced at $4.92 million or $3,435 psf. According to Alvin Teo, executive director of Low Keng Huat, these units should appeal to price-sensitive homebuyers.
Out of the 51 three-bedroom apartments at Klimt Cairnhill, only 37 units have been sold …