A Hoi Hup led-consortium sold 220 units at the Arc at Tampines executive condo (EC) project during balloting yesterday, at an average price of S$722 psf. “Arc is the first EC launch to benefit from the higher monthly household income ceiling of S$12,000 compared with S$10,000 previously,” said a market watcher. He noted that the project has seen more units sold than other recently launched EC...
Arc at Tampines
Housing agents said prices for the first executive condominium launched after the income ceiling was raised for households, range from just under S$600,000 to S$1.32 million. Agents said that two-bedroom units, for Arc at Tampines, located at Tampines Avenue 8, are going for between S$741 and S$875 per square foot while the price for three-bedroom units ranges from S$693 to S$810 per square...