Forestville EC open for e-applications

All 653 units of the Forestville Executive Condominium located at Woodlands Avenue 5/Woodlands Drive 16 will be open for e-application from today until Dec 26.

The project, conceptualised by MCC Land, comprises 14 blocks of 13-storey apartments, with 22 two-room, 294 three-room, 96 three-room dual-key, 83 four-room, 93 four-room dual-key, 24 five-room units and 12 five-room dual-key. There will also be 29 penthouse units and about 30 per cent of them will be dual-key units.

For second-time buyers, there will be 195 units available from the 30 per cent quota allowed.

MCC Land is also introducing a second-timer priority queue scheme for those unsuccessful at the balloting to help them stand a better chance of securing their purchase after the one-month restriction, should there be units left unsold.

The priority queue scheme is applicable only to second-timer applicants who have done their e-applications between Dec 21 and Dec 26.

Those who opt for the second-timer priority queue scheme will be allocated queue numbers according to the sequence drawn from the ballot box. This group will also have priority in taking over from successfully-balloted second-timers who fail to complete their purchase agreements within the specified time.

The selling price is about S$700 psf. Balloting will be carried out on Dec 28. TOP is estimated to be in mid 2016.

Source : Today – 21 Dec 2012

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