Mainboard-listed Sim Lian Group Ltd. is releasing more units at the Waterview condo project to meet demand, bringing the total number released to 500 units.
Sim Lian’s latest project received good response after the official launch last Friday, with 332 out of the 390 units released already sold.
The 696-unit condominium development is strategically located at the junction of Tampines Avenue 1 and 10, next to Bedok Reservoir Park. It is situated on a 341,654 sq ft site comprising twelve 15-storey blocks with a 99-year leasehold.
Many home buyers were attracted by the magnificent views of Tampines Quarry Park and Bedok Reservoir, as well as the comprehensive facilities available in the area.
The developer said the transactions are not expected to have a material impact on the company’s earnings and net tangible assets for the current financial year.