Looking at the past executive condominium launched for the past 2016, I thought this ec, Wandervale was the best performer. But similarly developed by Sim lian, The Treasure Crest actually perform better! This clearly show that if the EC is well priced at a reasonable location, it will move definitely. Sorry to The Northwave EC and Parc Life EC, both did miserably bad! Believe to be location and pricing factors that caused it. Below is the report:
For 362 units in the 504-unit residential project, with all the four-bedroom flats, the mainboard-listed company found buyers during the first two days of bookings being the first to be snapped up.
Approximately 62 percent of the units were purchased by first-timers, including those who made their bookings under the Fiancé/Fiancée Scheme, while HDB upgraders bought the remainder. Nearly all the buyers now reside in northeastern Singapore, especially in Hougang, Sengkang and Punggol.
Buyers said they were attracted to appealing pricing, the project’s tactical location and wide units, which range from 958 sq ft ft. sq to 1,345
Situated in Sengkang New Town, the EC is close to Sengkang MRT station and the Cheng Lim LRT station.
Anticipated to be finished by 2019, the 99-year leasehold development consists of 84 three-bedroom units, 364 premium three-bedroom units and 56 four-bedroom units across eight 15-storey residential blocks.
Treasure Crest is the EC that is second to be established by Sim Lian Group this year, following the start of Wandervale in February, which has sold around 75 percent of its units.
Looking forward, there will be another EC launching soon at Choa Chu Kang developed by Qingjian, stay tune! But if you are looking for private condo that is going to launch, can check out the other article written about Forest Woods Versus The Clement Canopy