General Announcement::More than 70 Per Cent of Units at Treasure Crest EC Snapped Up on First Booking Weekend

Issuer & Securities

Issuer/ Manager
SIM LIAN GROUP LIMITED
Securities
SIM LIAN GROUP LIMITED - SG1J19886816 - S05
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Jul-2016 17:28:19
Status
New
Announcement Sub Title
More than 70 Per Cent of Units at Treasure Crest EC Snapped Up on First Booking Weekend
Announcement Reference
SG160718OTHR9ZA6
Submitted By (Co./ Ind. Name)
Kuik Sin Pin
Designation
Group CEO
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Sim Lian Group Limited refers to the announcements dated 28 June 2016, 7 July 2016 and 13 July 2016 relating to the Treasure Crest Executive Condominium at Anchorvale Crescent and wishes to provide a sales update. More than 70 per cent of units at Treasure Crest EC were snapped up within the first two days of booking over this past weekend.

Approximately 62 per cent were booked by first-timers, including those who made the purchase under the Fiance/Fiancee Scheme, with the rest purchased by HDB upgraders. There are remaining of 12 units available for purchase under the 30 per cent quota set aside for second-time homebuyers. The quota for second-time homebuyers will be lifted on 16 August 2016.

First to be completely snapped up were the spacious 56 four-bedroom units, which are approximately 1,345 square feet (approximately 125 square metres) in size. Catering to families' need for ample space to live in and grow, units at Treasure Crest have been designed such that the master bedroom of all unit types can fit a king-sized bed, and queen-sized beds for the other bedrooms.

Please refer to the attached press release for more information.

Attachments

160718_SimLianGroup_More.than.70.Per.Cent.of.Units.at.TreasureCrest.EC.Snapped.Up.pdf
Total size =68K