Around 400 online applications was received for its 416 units at about 5pm on Tuesday at the executive condominium (EC) project, Watercolours in Pasir Ris. Watercolours is the only Housing and Development Board project among the four developments located at the junction of Pasir Ris Link and Pasir Ris Drive 3. The other three developments are private condominium projects Ripple Bay and Seastrand, and an...
Executive Condominiums (EC)
A residential redevelopment site at Fernvale Lane has received a top bid of S$245 million at the close of a public tender on Tuesday. Only four bids were received for the executive condominium (EC) site. The top bid came from Peak Living Pte Ltd, a subsidiary of Kheng Leong Group which is controlled by the family of tycoon Wee Cho Yaw. FCL Tampines Court Pte Ltd/Keong Hong Construction put in the second...
The Housing and Development Board (HDB) has launched the tender for four residential sites, which could yield approximately 2,070 residential units. Three of the four land parcels were released under the confirmed list, while the last plot was made available under the reserve list of the 1H2012 Government Land Sales (GLS) Programme. The three sites — Punggol Central/Edgefield Plains (pictured),...
More second-time applicants appear to be going for executive condominiums (ECs), according to property developers. That's because the pool of first-time flat buyers is shrinking due to recently-ramped up supply of Build-to-Order flats. Prices of the 728 units at a new EC in Punggol - Twin Waterfalls - are likely to start from S$617,000 for a three-bedroom unit and S$823,000 for a four-bedroom...
Property analysts said subscription rates for executive condominiums (ECs), remain healthy in spite of the uncertain economic outlook. And it is also precisely because of the economic climate that analysts said demand for such housing is likely to stay. In January, about 1,000 people had indicated their interest to buy one of the 670 units at The Tampines Trilliant - which analysts said was a healthy 1.5...
Applications for the recently-launched Tampines Trilliant Executive Condominium hit about 1,000 at the close of its first launch on Tuesday. The 670-unit condo, developed by Sim Lian Group, saw large crowds turning up at its launch last Friday, but whether this translates to actual buyers taking up the units is still unclear. Bookings for the apartments will close this weekend. City Developments'...
Large crowds turned up at the launch of the latest executive condominium (EC) on Friday. Property developer Sim Lian Group said it hopes Tampines Trilliant, which is located in a mature estate, will attract couples who want to live near their parents. But with prices as high as S$971,000 for a four-room unit, will home-buyers be turned away? The launch of Tampines Trilliant saw a large lunch-time crowd...
Mainboard-listed developer Sim Lian Group has launched a new executive condominium project in Tampines Central 7. The Tampines Trilliant will open for application from Friday till next Tuesday (January 27 to 31). The booking date is on February 4. Sim Lian said prices for the 670-unit development start from S$682,000 for a three-bedroom unit, and from S$971,000 for a four-bedroom unit. The project,...
There's been a strong take-up rate for the latest executive condominium (EC) project at Choa Chu Kang. Some 150 units of The Rainforest were sold on the first day of booking. The latest 466-unit development offer units priced from S$601,000 to S$1.01 million. The Rainforest also saw strong demand from second-time buyers. Only five per cent of the project is allocated to second-timers buyers, and the...
More than 800 online applications for City Developments Ltd’s (CDL) The Rainforest EC project were received as of 5pm yesterday, the last day of applications for eligible EC buyers. “We are receiving more e-applications progressively till the end of the day,” said a spokesman from CDL. The median selling price for units at the development range from S$720 psf to S$730 psf, with 818 sq ft...