Sim Lian's Wandervale project draws strong demand

SIM Lian Group's four-bedroom units at Wandervale - the first executive condominium to be launched this year - have been fully sold out.

In addition, about 60 per cent of the 534-unit development in Choa Chu Kang has been booked as at April 19 despite a challenging economic environment, said Sim Lian in an announcement to the Singapore Exchange.

Of the 320 units sold to date, approximately half were booked by HDB upgraders, while another 20 per cent of the current Wandervale homebuyers made their purchase under the Fiancé/Fiancée Scheme.

According to the Singapore-listed property developer and construction group, the larger units were the most popular. The 82 four-bedroom units were the first to be completely sold.