Following keen interest from buyers and investors at its launch in Singapore last year, The Milton (pictured) by Australian property developer FKP will be showcased here again this weekend, according to CBRE.
Located in Brisbane, Australia, the 30-storey development comprises 298 one- to two-bedroom apartment units. It is currently over 50 percent sold, with a one-bedroom apartment priced from A$495,000 (S$621,272).
The apartments feature a contemporary open plan design, high-end kitchen appliances, contemporary fittings, air-conditioning, ADSL internet connection, Foxtel provisions and four internal lifts.
“The stock of new residential apartments in inner Brisbane is set to shrink, positioning the residential market for exponential growth in the near future,” said Stephen Ho, Director for International Project Marketing at CBRE.
As such, The Milton enjoys a “very advantageous position to attract investors. There is no other high-rise development in the immediate vicinity of Brisbane’s inner city being developed”, Ho added.
The development is right at the edge of Brisbane’s central business district (CBD), close to major shopping and entertainment amenities, and is scheduled for completion by end 2013 or early 2014.
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