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May 22, 2002 at 12:00 AM EDT

CDL Releases New Freehold Landed Property in Ang Mo Kio

City Developments Limited (CDL) will launch its new freehold landed housing development, Goldenhill Villas this Saturday, 25 May 2002. Forty terraces and two semi-detached houses will be offered for sale.

Goldenhill Villas is the first new development to be launched by CDL this year. Average floor areas for the terrace houses range from 3,218 - 4,392sq ft and semi-detached houses from 3,660 - 3,778sq ft. Complemented by a modern, contemporary facade, the design allows the interiors to be bathed with natural light and ventilation whilst maintaining functional form. Each house has a distinctive 3-storey layout and private roof garden and comes with four to five well-sized bedroom suites, offering maximum privacy and space.

CDL is the first developer in Singapore to install an eco-friendly, energy-saving ventilation system within each home. This ingenious feature allows for natural air-circulation and keeps the interiors cool and comfortable throughout the day.

Another unique facet of the property is the sophisticated wireless security system in each home. The system comes with CISCO’s central alarm monitoring service for three years, at no cost to the purchaser.

For the launch, CDL, together with financial services company, American Express International Inc, are also offering an exclusive programme for buyers to use Amex charge or credit card issued in Singapore to partially or wholly pay the required 5% option fee. The amount a buyer can use is limited to 5% of the purchase price, or up to the credit limit available on their Card, whichever is lower. Amex Credit Card members can enjoy free interest for this partial down payment in the first year and a promotional interest of 11.88% p.a. in the second year.

Goldenhill Villas is strategically located off Ang Mo Kio Ave 1, with convenient access to the CTE, Orchard Road and the business district. Shopping, dining and entertainment pleasures are close at hand with neighbourhood shopping malls, cafés and restaurants within easy reach.

Prices are from $415 psf onwards. Buyers interested in purchasing Goldenhill Villas terrace or semi-detached houses can visit the showhouses at the development from 25 May (Saturday) from 9.30am to 6.00 pm or call 6280 5655 for enquiries.

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