E-applications for Lake Life EC project cross 1,200

[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.