Beaufort, CapitaLand China Holdings’ luxury residential project in Beijing, saw strong buyer response when it was launched at the end of January.
The condominium sits on a 53,808-square metre site at Beijing’s Fourth Eastern Ring Road. An entire block, comprising 467 units, was launched for sale and about 95% of the units have been sold to date. The average launch price for the units is RMB27,000 ($5,600) per square metre. Total sales value amounts to over RMB800 million ($167 million).
