FREEHOLD! Located in the Orchard Road precinct, a premier location sought after by foreigners and expatriates. Within walking distance of Orchard Road via Cairnhill Rise and of Newton MRT station via Peck Hay Road. TOP expected in April 2009. Rental Guarantee Scheme at 5% per year for 2 years, which means a return on cash, invested of around 10% to 13% per annum. Compact units of sizes from 517 sq ft to 861 sq ft, ideal for small families or as an investment. Affordable price of slightly over $1 million.