SC Global unveils Hermès apartment amid market slump


Luxury property developer SC Global Developments has unveiled a private apartment at The Marq on Paterson Hill that’s been decked out by French brand Hermès – a world’s first.

“We are extremely pleased this project with Hermès has presented a distinguished combination of craftsmanship, focus on design and finest quality materials,” said Simon Cheong, Chairman and Chief Executive of SC Global.

“Each property and apartment in our portfolio is a jewel, we handcraft every unit and the project accomplished at The Marq is an epitome of these efforts.”

The apartment is not for sale but SC Global will use it to host private engagements.

Meanwhile, an earlier report on PropertyGuru said the developer expected to record weaker profits from its ready-for-occupancy projects in Q1 2012, with less than half of the units released at The Marq having been sold.

Source : May 17, 2012 – PropertyGuru


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