Treasure Crest EC e-applications outnumber units
Sim Lian Group’s executive condominium project Treasure Crest was greeted with overwhelming demand over the weekend.
The development received 520 e-applications between Friday and 5pm yesterday, outnumbering its 504 units. E-applications close on July 10.
Balloting and booking for the 99-year leasehold development will take place on July 16.
Treasure Crest, located in Sengkang New Town, comprises 84 three-bedroom units, 364 three-bedroom premium units and 56 four-bedroom units spread across eight blocks of 15 storeys each.
They range in size from 958 sq ft to 1,345 sq ft and are priced at an average of $735 to $755 per sq ft.
The larger units were especially popular among the e-applicants, a source close to the developer said.
The project, which is expected to receive its temporary occupation permit by 2019, is within walking distance of Sengkang MRT station and bus interchange.
It is also within 1km of Nan Chiau Primary School, Nan Chiau High School and CHIJ St Joseph’s Convent.
Treasure Crest follows four other ECs that went on sale in recent months: Wandervale in Choa Chu Kang, also by Sim Lian Group; The Visionaire and Parc Life in Sembawang; and Northwave in Woodlands.
Last week, Sim Lian Group executive director Kuik Sing Beng said he believed the project would appeal to new home buyers and HDB upgraders alike, as it is in a “well-connected, bustling new town”.
Date: 4 July 2016
Source: Straits Times
Probably The Cheapest Executive Condominium in Singapore
The EC Development with an Unfair Advantage
The first EC in Punggol is launched in 2011 and since there the price of ECs in the Punggol/Sengkang has been on the rise for the past 5 years. Treasure Crest pose a very unique opportunity as the land bid (the biggest cost factor for developer) is transacted at pre-2011 price. This could translate is to very attractive launch price for home seeking who are waiting for a golden opportunity to enter the market.
Treasure Crest EC by Sim Lian group is presented with very usable floor plan and layout. Located at Anchorvale Crescent with close proximity to MRT and Shopping amenities, this could be the most prized EC everyone is waiting for.
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|Project Name||Treasure Crest|
|Developer||Sim Lian Group Limited|
|Location||50 – 66 Anchorvale Crescent Singapore 544629|
|Tenure||Leasehold 99 years commencing from 5 May 2015|
|Site Area||17,450.10 sqm / 187,831.13 sqft|
|Expected TOP||31 May 2020 (likely TOP by 1st half 2019)|
|Expected Legal Completion||31 May 2023|
|Total Units||8 Blocks of 15-storey Residential Units with Swimming Pool, Ancillary Facilities and 1 level basement carpark. Total Unit 504.|
No. of Units
approx. 958 sqft
|3- Bedroom Premium (B1)||
approx. 1,076 sqft
|3- Bedroom Premium (B2)||
approx. 1,152 sqft
|3- Bedroom Premium (B3)||
approx. 1,249 sqft
approx. 1,345 sqft