Singapore-based investment holding company Sim Lian Group has garnered a total of 800 e-applications for its newest executive condominium (EC) project Treasure Crest. With 504 total unit, the 99-year leasehold Treasure Crest oversubscribed for around 60% as of 7 July.
Treasure Crest sales gallery received a total of 3,000 visitors since e-applications started last 1 July. E-applications period is until 10 July, while its bookings will start on 16 July.
Average Price of units will range from $735 to $755 psf, larger size units, particularly the 3-bedroom premium and 4 bedroom units, came out as the most preferred choices among prospective buyers.
About 48% e-applicants are first-time home buyers and the rests are HDB upgraders.
According to Sim Lian Group, most of the applicants presently live in north-eastern section of Singapore, such as Sengkang, Hougang and Punggol.
