Long queues form ahead of Sengkang’s exec condo

More than 100 prospective home buyers formed a line outside Austville Residences before doors opened on Thursday morning.

The Executive Condominium (EC) in Sengkang uses a first-come-first-serve system to allocate units unlike the last three EC projects which used balloting.

The first couple in line, who declined to be interviewed, said they arrived at 3pm on Wednesday.

Austville has a total of 540 units, with an average price of S$680 per square foot.

ECs are available to households with a maximum income of S$10,000.

Such developments serve home buyers who are not eligible for HDB new flats which has an income cap of S$8,000.

Source : Channel NewsAsia – 13 Jan 2011

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