Hotel style EC three times subscribed

6 Dec 2012

By Romesh Navaratnarajah:

CityLife@Tampines (pictured), a new executive condominium (EC) has received overwhelming response from buyers with over 1,600 e-applications for its units during the period of 29 November to 5 December.

Marketed as Singapore’s first luxury hotel-style EC, the project was three times subscribed, with dual-key and larger units seeing the most interest. The one and only Presidential Penthouse Suite also saw strong demand from multi-generational families.

“We thank all interested buyers for the overwhelming response, especially in the month of December, characterised by a large number of people holidaying overseas and engaging in festive celebrations. The strong response is a reflection of EC home buyers taking to the luxury hotel-style home concept,” said Albert Teo, CEO of Amara Holdings.

The project is being developed by Tampines EC, a consortium comprising Amara Holdings, Kay Lim Holdings and SingXpress Land.

Units range from two- to five-bedroom, dual-key, Skysuite and penthouse lay-outs. Luxury features include a Home Concierge Service, 100m infinity pool, complimentary StarHub fibre broadband service, complimentary Wi-Fi at common areas, resort-style landscaping, as well as signature fittings and appliances.  

CityLife@Tampines will hold a preview of its show suites along Tampines Avenue 7 on 26 and 27 December for successful applicants, while bookings will start on 29 December.

 

Romesh Navaratnarajah, Senior Editor of PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

 

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