Balloting over the weekend at Rivercove Residences saw take up rate at about 80% at average of $965psf. The high take up rate might be due to the location and also lack of supply as this is likely the only executive condominium for this year.
First time buyer looking at this development can buy anytime now. Second timer will however book one month later as quota already filled for the 30% second timer quota during the balloting.
At price of $965psf is not surprise due to shortage of supply for executive condominium site on the market and the high demand from first timer and young couple who prefer executive condominium over HDB.