Corporate digest

Sim Lian Group

MAINBOARD-listed Sim Lian Group Limited sold 362 or 72 per cent of the 504 units at its executive condominium project Treasure Crest within the first two days of sales over the past weekend. The majority of the homebuyers currently reside in the north-east region of Singapore, specifically Punggol, Sengkang and Hougang. Some 62 per cent were booked by first-timers. First to be completely snapped up were the 56 four-bedroom units of about 1,345 sq ft in size. Units are priced at an average of S$742 per square foot.

Reed Smith, Resource Law