Historical archive · 2021-04-11. Prepared retrospectively on 3 October 2026. Date basis: Original dated release/report. Historical prices are not current quotations.
Reported sales outcome
CDL reported 278 homes sold out of Irwell Hill Residences’ total 540 during its launch weekend. The reported sales included a sky penthouse priced above S$9 million.
Reading the result
The opening count represents approximately 51.5% of the project. A penthouse purchase is evidence of a particular high-value sale, while the broader count describes take-up. Neither substitutes for the pricing of a typical apartment.
For mixed unit sizes, evaluate take-up alongside the available type mix. A small home and a penthouse serve different households and budgets, so a development-wide sales percentage cannot tell a buyer whether suitable stock remained.
The resale question requires another layer of evidence. A premium achieved for one exceptional home does not establish a premium for every stack. Compare the actual floor, area, condition and outlook with completed transactions. Gross price appreciation also needs to be separated from returns after financing, taxes, maintenance and disposal costs. The archive preserves the launch event and does not assert a present-day completion date.
