Charlton Residences sold out

It’s looking like a no-expat zone with all buyers being Singaporeans.

SingXpress Land Ltd said all 21 units of Charlton Residences have been sold for an aggregate sales value of S$59.6 million in less than four months after the freehold cluster housing project was launched.

With the final unit sold last week, the homes were transacted at an average price of S$2.84 million per unit. They range from 5,350 to 7,696 square feet, each with six bedrooms, two car park lots, and a private deck with a Jacuzzi pool.

The units were launched in November 2011 by Charlton Residences Pte Ltd which is 80%-owned by SingXpress Land and 20%-owned by A.C.T. Holdings Pte Ltd.

Charlton Residences is SingXpress Land’s maiden property development in Singapore.