One of Asia’s largest real estate companies CapitaLand has begun marketing the 1,715-unit d’Leedon project. The development’s showflat has been built and property agents have started giving out flyers to potential buyers.
d’Leedon, which will be built on the former Farrer Court site, is said to be the largest single condo project in terms of the number of units.
However, CapitaLand said it is releasing the project only in phases.
CapitaLand, that paid $1.3 billion or around $783 psf of potential GFA for the Farrer Court site in an en bloc sale in June 2007, said that the entire project would cost approximately $3 billion.
The 99-year leasehold project will comprise seven luxury residential towers and 12 villas, with the smallest condo units measuring 900 sq ft and some villas will be larger than 4,000 sq ft. Other facilities include two large swimming pools, a series of party houses, outdoor fitness facilities, two clubhouses and relaxation pools.
d’Leedon, which is designed by internationally-renowned architect Zaha Hadid, comprises seven distinctive 36-storey, 150-m condominiums prominent for their petering vertical silhouette. They appear to grow from sunken private gardens in the project’s landscape. The condo towers are sub-divided into petals, which are based on the number of units on each floor.