A total of 1,664 e-applications were lodged for 394 units at Heron Bay (pictured) in just one week, according to The Business Times.
Located at Upper Serangoon View, the executive condominium (EC) project now has one of the highest subscription rates in the last few years, with 4.2 applications for each unit.
Its appeal lies mainly in the luxury features, said Vincent Ong, Managing Partner of Evia Real Estate Management, one of the developers.
Among the EC’s lavish features are European household appliances, a basement car park, hydroactivated swimming pool, and free fibre broadband service for a year. There’s also an upcoming sea sports recreational centre with kayaks and tandem bikes.
Some ground floor units come with the choice of a garden pond or Jacuzzi pool of up to six-metres long.
Units were selling from S$715 to S$720 psf on average. The smallest unit (775 sq ft) is priced at around S$560,000, while the five-bedroom penthouse (2,841 sq ft) is believed to cost between S$1.5 million and S$1.6 million.
Meanwhile, applicants included young couples and multi-generational families who prefer bigger penthouse units. Notably, Heron Bay’s five-room penthouses are the first in an EC.
Scheduled for completion in 2016, the EC is being jointly developed by Ho Lee Group, CNH Investment, See Hup Seng and Evia.
Balloting for units will take place after about two weeks and successful applicants could book them starting 26 October.
Related Stories:
One Dusun Residences dominates August sales
70 units snapped up at Gambir Ridge preview