The developer received 750 applications for 534 units.
Sim Lian’s Wandervale EC development was more than 40% oversubscribed at the close of its application period, the developer said in a statement.
Sim Lian said that it received 750 E-applications for 534 units. Larger units, namely the three-bedroom premium and four-bedroom units, were the more popular options amongst potential homebuyers, the group noted.
There was a balanced mix of first-time homebuyers and second-time homebuyers, primarily HDB upgraders, at the showflat.
Wandervale is the first EC to be launched in Singapore in 2016. The 99-year leasehold development features 130 three-bedroom units, 322 three-bedroom premium, and 82 four-bedroom units ranging from 958 – 1,249 square feet (89 – 116 square metres) across nine residential blocks of 13, 15, and 17 storeys respectively.
The EC is located within walking distance to the Choa Chu Kang MRT station and bus interchange. It is scheduled to receive its Temporary Occupation Permit (TOP) by 2019.
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