CapitaLand says all 60 units in phase one of its Urban Suites luxury condominium were sold at prices ranging from $2,400 to $2,700 per square foot.

Preview sales had started just before the Christmas holidays in December 2009.

Located in the Cairnhill area, Urban Suites is a luxury development with 165 apartments.

CapitaLand says it plans to launch the second phase, comprising approximately 50 units, in Jakarta, Indonesia, next week.

Urban Suites sits on a 93,274 sqft freehold site (former Char Yong Gardens) bounded by Cairnhill Road, Hullet Road and Saunders Road. Designed by Kerry Hill Architects, the 165-unit development comprises two 20-storey towers and one 17-storey tower.

Buyers have a choice of unit types namely two-, three-, and four-bedroom apartments as well as duplex and triplex penthouses. These range from 1,044 sqft to 4,715 sqft).

Temporary Occupation Permit for the condominium is expected to be obtained in 2013.