CityLife @ Tampines Over 3 Times Subscribed

Citylife @ Tampines
Singapore's first luxury hotel style EC

The latest executive condominium (EC) to hit the market - CityLife@ Tampines - was more than three times subscribed at the close of its e-applications period yesterday.

Billed as "Singapore's first luxury hotel-style EC", the 514-unit project by Tampines EC Pte Ltd - a consortium comprising Amara Holdings, Kay Lim Holdings and SingXpress Land - received about 1,800 applications, making it the most popular EC by application numbers.

Units that drew the most interest were the dual-key and larger-sized units. In particular, the 4,349 square foot presidential penthouse suite attracted a large number of multi-generation families.

Albert Teo, chief executive officer of Amara Holdings Ltd, speaking on behalf of the consortium, said: "We thank all interested buyers for the overwhelming response, especially in the month of December, which is when a large number of people are 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."

Sited next to another EC project, The Tampines Trilliant, CityLife@Tampines will have an infinity pool and "skysuite" and penthouse units.

Marketing brochures list the two-bedroom units as ranging in size from 753 to 807 sq ft; the penthouses range from 1,356 to 4,370 sq ft.

CityLife@Tampines will hold a preview of its show suites along Tampines Avenue 7 on Dec 26 and 27.

It opens for booking on Dec 29.

Source: Business Times –6 December 2012


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