Property Ballot

Sale of Optima@Tanah Merah brought forward due to queues

Developers of Optima@Tanah Merah have brought forward the launch of the condominium, which was to have taken place on Friday. However, queues formed as early as 4pm on Thursday, prompting the developers to start selling the units. 120 units were sold yesterday with another 150 units to be balloted on Friday. The 99 year leasehold development has 297 units. The condo's developers said they feel that...

A late night property ballot … is this a sign of the times?

The showflat was only due to open today. But on Monday, some, mostly property agents, were already lining up for units at the Optima condominium at Tanah Merah. They went home after developer TID made it clear the queue would not be recognised. However, this did not stop hundreds from turning up early yesterday - leading to a massive queue and the occasional ugly spat over queue-jumping. The result? TID...

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