First EC to be launched this year more than 1.4 times oversubscribed

SINGAPORE – Property buyers eyeing the Wandervale executive condominium at Choa Chu Kang Central have oversubscribed the Sim Lian Group property by more than 1.4 times.

The mainboard-listed property developer said in a statement today that it received 750 e-applications for the 534 units available ever since e-applications commenced on Feb 18. Upcoming executive condo also include The Visionaire EC, Wandervale EC,  Parc Life EC while existing ones include The Terrace EC, Brownstone ECWaterwoods EC, Signature at Yishun, Skypark Residences, The Vales EC, The Criterion ECBellewaters EC, Bellewoods EC.

Larger units like the three-bedroom premium and four-bedroom units were the more popular options amongst potential homebuyers, Sim Lian Group said, with prices at $750 to $770 per square foot on average.

Its showflat saw a mix of first-time homebuyers and second-time homebuyers, primarily HDB upgraders. OrangeTee and ERA have been appointed joint Marketing Agents for the project, and the application period closes today.

Wandervale is the first executive condominium to be launched in Singapore this year.

executive condo photo 1