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And 65 per cent of the units have been sold to foreigners.

CDL group general manager Chia Ngiang Hong said: 'Even though viewing has been strictly by appointment only, the response we have received has been unprecedented.'

So far, the foreign buyers are from the United Kingdom, the United States, Japan, China, Hong Kong, Indonesia and Malaysia. CDL says a number of clients flew into Singapore just to view the showflats.

The first batch of units were sold at between $2,500 and $2,600 psf, with apartments starting at $4 million and going as high as $19 million.

CDL's executive chairman Kwek Leng Beng had said earlier that he would have preferred to launch St Regis Residences only after the St Regis Hotel was completed, because he would then have been able to charge a higher price.

For now, CDL says it will make another 30 units available for sale by appointment only - but as expected, the price of selected units will be increased by 2-3 per cent.

St Regis Residence is targeted to be completed by 2008. The 299-room St Regis Hotel will be completed in 2007.