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reporter2
07-12-12, 18:44
http://www.businesstimes.com.sg/specials/property/citylifetampines-over-3-times-subscribed-20121206

Published December 06, 2012

CityLife@Tampines over 3 times subscribed


THE latest executive condominium (EC) to hit the market - CityLife@ Tampines - was more than three times subscribed at the close of its e-applications period yesterday.

Billed as "Singapore's first luxury hotel-style EC", the 514-unit project by Tampines EC Pte Ltd - a consortium comprising Amara Holdings, Kay Lim Holdings and SingXpress Land - received about 1,800 applications, making it the most popular EC by application numbers.

Units that drew the most interest were the dual-key and larger-sized units. In particular, the 4,349 square foot presidential penthouse suite attracted a large number of multi-generation families.

Albert Teo, chief executive officer of Amara Holdings Ltd, speaking on behalf of the consortium, said: "We thank all interested buyers for the overwhelming response, especially in the month of December, which is when a large number of people are holidaying overseas and engaging in festive celebrations.

The strong response is a reflection of EC home buyers taking to the luxury hotel- style home concept."

Sited next to another EC project, The Tampines Trilliant, CityLife@Tampines will have an infinity pool and "skysuite" and penthouse units.

Marketing brochures list the two-bedroom units as ranging in size from 753 to 807 sq ft; the penthouses range from 1,356 to 4,370 sq ft.

CityLife@Tampines will hold a preview of its show suites along Tampines Avenue 7 on Dec 26 and 27.

It opens for booking on Dec 29.

roly8
07-12-12, 18:56
singaporean sibei rich! :scared-4::scared-4::scared-4:

radha08
09-12-12, 13:50
i think developers launching their ecs faster n faster before something happens..;)

phantom_opera
09-12-12, 13:55
Mas latest CM has side effects

Older owners will not sell now as they can't get same leverage when buy bk
those baby boomers 40 to 50y old now rush to buy

wt_know
09-12-12, 18:05
BTO oversubscribed
EC oversubscribed

aren't local born sporean population is shrinking. how come so many sporean subscribing bto and ec and not to forget 2012 is the year govt release the most bto and ec > huge stoock

feels like never ending demand leh. see the news many are young buyers assuming age 28-30 especially for bto. this means many babies were born in 1982-84?
new citizen? 2nd timer?

kane
09-12-12, 19:22
25000 marriages a year. How does that stack up against new build?