Some 4,000 people showed up at the launch of “The Peak at Toa Payoh” on Wednesday – a project under the HDB’s design, build and sell scheme (DBSS).
There were some 100 people lining up outside the development even before it was launched at 8am.
Analysts said that’s not a bad turnout especially since a premium five-room flat there costs more than S$700,000.
The development offers some condominium-style facilities.
However, the project does not have swimming pools or gyms.
But it comes with a card-access security system at all ground-floor lift lobbies.
The Peak is the HDB’s fifth DBSS project so far.
Source : Channel NewsAsia – 15 Apr 2009