E-applications for Lake Life EC project cross 1,200
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[SINGAPORE] More than 1,200 e-applications have been received for Lake Life, a 546-unit executive condominium (EC) housing project near Jurong Lake.
The e-applications were received from Saturday to Monday. E-applications will close on Oct 12. The current indicative average pricing is around S$880- S$890 per square foot (psf). Firm pricing will be released on Nov 5, and bookings will begin on Nov 8.
The project is being developed by a consortium comprising Evia Real Estate, BBR Development, CNH Investment, OKP Land and Ho Lee Group. It paid a record price for EC land of S$419 per square foot per plot ratio for the 99-year leasehold plot at Yuan Ching Road/Tao Ching Road in July 2013. Evia's managing partner Vincent Ong has said the project's breakeven cost is about S$800 psf.
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