Singapore established developer Sim Lian Group has revealed the prices for 504 Treasure Crest EC units at Anchorvale Crescent. Project average price is $742 psf, while for a 3-bedroom unit price starts at $649,000, or $677 psf.
The 99-year leasehold executive condominium (EC) project received a total of 1,077 e-applications during its 10 days e-application period, making the 504 Treasure Crest units oversubscribed by 2.1 times.
Treasure Crest developer attributed the large number of e-applications to the project's strategic location, layout of units and affordable prices of units.
Around 48% of the Treasure Crest e-applicants are first-timers and the rest were HDB upgraders.
Treasure Crest EC expected to achieve its TOP by year 2019. Standing in 8 blocks of 15-storey buildings, the project comprises 84 3-bedroom units, 364 3-bedroom premium units and 56 units for 4-bedroom units, while unit sizes will range about 958 sq ft. to 1,345 sq ft.
Sim Lian Group's Treasure Crest EC is well situated in Sengkang New Town, next to Sengkang bus interchange and Sengkang MRT station.
The sales booking and balloting exercise for Treasure Crest EC units will starts on 16 July.