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Thread: CityLife@Tampines over 3 times subscribed

  1. #1
    Join Date
    Oct 2011
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    Default CityLife@Tampines over 3 times subscribed

    http://www.businesstimes.com.sg/spec...ribed-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.

  2. #2
    Join Date
    Oct 2010
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    singaporean sibei rich!
    I took the road less traveled by, and that has made all the difference.” - Robert Frost quotes (American poet, 1874-1963)

  3. #3
    Join Date
    Jun 2011
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    6,134

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    i think developers launching their ecs faster n faster before something happens..
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  4. #4
    Join Date
    Feb 2011
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    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
    Ride at your own risk !!!

  5. #5
    Join Date
    Jan 2009
    Posts
    336

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    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?

  6. #6
    Join Date
    Jul 2009
    Posts
    7,482

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    25000 marriages a year. How does that stack up against new build?

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