Overwhelming response prompts developer to launch bookings early

Applications were only supposed to open on Tuesday, but the overwhelming response to the Housing and Development Board’s (HDB) latest housing project in Simei, under the Design, Build and Sell Scheme (DBSS), prompted developer Sim Lian Group to accept bookings on Saturday.

Under DBSS, private developers manage the project from its design to construction and sale, and applications are accepted on a first-come-first-served basis.

Four-room units at Parc Lumiere are priced between S$378,000 and S$425,000, while five-room units are priced between S$462,000 and S$575,000.

By 6.30pm, 118 out of the 360 units at Parc Lumiere were already sold. Nevertheless, over 700 people continued to queue in the hopes that not everybody ahead of them would buy a flat.

Diana Kuik, executive director of Sim Lian Group, said: “They’re all issued with a queue ticket, so they can come back tomorrow morning and queue according to their queue number again.”

Parc Lumiere’s show flats open at 10am and close at 7pm.

Source : Channel NewsAsia – 18 Apr 2009

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