General Announcement::Treasure Crest Is More Than One And A Half Times Subscribed

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 07-Jul-2016 17:23:32
Status: New
Announcement Sub Title: Treasure Crest Is More Than One And A Half Times Subscribed
Announcement Reference: SG160707OTHRLKV6
Submitted By (Co./ Ind. Name): Kuik Sin Pin
Designation: Group CEO
Description (Please provide a detailed description of the event in the box below): Mainboard listed Sim Lian Group Limited today announced that it has received 800 e-applications for the 504 units available. The development is approximately 60 per cent oversubscribed as at 4 pm today. A total of 3,000 visitors had visited the Treasure Crest Sales Gallery over the past week since e-application commenced on 1 July 2016, and the application period closes on 10 July 2016. The balloting and booking date for the Executive Condominium (EC) is 16 July 2016.

Attractively priced at approximately S$735 to S$755 psf on average, the development saw approximately 48 per cent first-time homebuyers, while the rest of the e-applicants were HDB upgraders. Majority of these applicants are currently residing in the North-East region of Singapore.

Interested homebuyers can visit the Treasure Crest Sales Gallery, which is open between 10am and 7pm daily till 10 July 2016 for submission of e-applications, at Anchorvale Crescent. OrangeTee and ERA have been appointed the Marketing Agencies of the project.

Please refer to the attached media release for more information.

Total size =71K