{"id":20890,"date":"2016-07-19T11:37:36","date_gmt":"2016-07-19T04:37:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-crest-ec-over-70-sold\/"},"modified":"2016-07-26T15:41:21","modified_gmt":"2016-07-26T08:41:21","slug":"treasure-crest-ec-over-70-sold","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-crest-ec-over-70-sold\/","title":{"rendered":"Treasure Crest EC over 70% sold"},"content":{"rendered":"


\nCrowds at the Treasure Crest sales gallery over the weekend. (Photo: Sim Lian Group)
\nMore than 70 percent of the units at the Treasure Crest executive condominium (EC) in Anchorvale Crescent were sold over the weekend, said its developer Sim Lian Group.
\nDuring the first two days of bookings, the mainboard-listed firm found buyers for 362 units in the 504-unit residential project, with all the four-bedroom apartments being the first to be snapped up.
\nAround 62 percent of the units were purchased by first-timers, including those who made their bookings under the Fianc\u00e9\/Fianc\u00e9e Scheme, while the rest were bought by HDB upgraders. The majority of the buyers currently reside in northeastern Singapore, specifically in Punggol, Sengkang and Hougang.
\nBuyers said they were drawn to the project\u2019s strategic location, attractive pricing and spacious units, which range from 958 sq ft to 1,345 sq ft.
\nOn average, the units at Treasure Crest cost $742 psf, with prices starting from $677,000 ($707 psf) for a three-bedroom unit and $735,000 ($683 psf) for a premium three-bedder.
\nLocated in Sengkang New Town, the EC is close to the Cheng Lim LRT station and Sengkang MRT station.
\nExpected to be completed by 2019, the 99-year leasehold development consists of 84 three-bedroom units, 364 premium three-bedroom units and 56 four-bedroom units across eight 15-storey residential blocks.
\nTreasure Crest is the second EC to be launched by Sim Lian Group this year, following the launch of Wandervale in February, which has sold around 75 percent of its units.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Treasure Crest EC over 70% sold<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Crowds at the Treasure Crest sales gallery over the weekend. (Photo: Sim Lian Group) More...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-20890","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5qW","jetpack-related-posts":[{"id":20927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-crest-ec-60-oversubscribed\/","url_meta":{"origin":20890,"position":0},"title":"Treasure Crest EC 60% oversubscribed","date":"July 8, 2016","format":false,"excerpt":"\r Prospective buyers viewing the model of Treasure Crest EC. Sim Lian Group has received 800 e-applications for its 504-unit Treasure Crest executive condominium (EC) project, making the development around 60 percent oversubscribed as of Thursday afternoon. A total of 3,000 people have visited the Treasure Crest sales gallery since\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-crest-ec-prices-start-from-649000\/","url_meta":{"origin":20890,"position":1},"title":"Treasure Crest EC prices start from $649,000","date":"July 14, 2016","format":false,"excerpt":"\r Prospective buyers viewing the model of Treasure Crest EC. Sim Lian Group has priced its Treasure Crest executive condominium (EC) project at $742 psf on average, with a three-bedroom unit starting from $649,000, or $677 psf. The 504-unit development received 1,077 e-applications during the 10-day e-application period, making it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-sales-plunge-56-as-ghost-month-deters-buyers\/","url_meta":{"origin":20890,"position":2},"title":"Private home sales plunge 56% as Ghost Month deters buyers","date":"September 15, 2016","format":false,"excerpt":"\r Crowds at the Treasure Crest showflat during the project\u2019s launch. (Photo: Sim Lian Group) Sales of new private homes, excluding executive condominiums (ECs), fell 56 percent to 473 units in August from the 1,091 units sold in the previous month, according to the Urban Redevelopment Authority\u2019s (URA) data. Analysts\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22951,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/5-best-selling-projects-in-july-2016\/","url_meta":{"origin":20890,"position":3},"title":"5 best-selling projects in July 2016","date":"August 15, 2016","format":false,"excerpt":"\r Artist\u2019s impression of the Treasure Crest EC in Sengkang. Source: Sim Lian Group Singapore property developers sold 1,921 housing units in July, including executive condominiums (ECs), compared to just 768 units in the previous month, data from the Urban Redevelopment Authority (URA) showed. Analysts attributed the surge in transactions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ecs-the-driving-force-in-new-home-sales\/","url_meta":{"origin":20890,"position":4},"title":"ECs the driving force in new home sales","date":"October 17, 2016","format":false,"excerpt":"\r Treasure Crest EC was the chart-topping project in September, revealed URA data. (Photo: Sim Lian Group) Singapore developers sold 769 private housing units in September including executive condominiums (ECs), down 3.7 percent from the 799 units in the previous month, revealed data published on Monday (17 October) by the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/get-the-guru-view-tightened-supply-for-ecs-in-2017\/","url_meta":{"origin":20890,"position":5},"title":"Get the Guru View: Tightened supply for ECs in 2017","date":"January 25, 2017","format":false,"excerpt":"\r Crowd viewing a model of the Treasure Crest EC.\u00a0 2016 was an interesting year for the EC market, with a number of projects doing extremely well due to its sound fundamentals. While the glut of units in the market has been reduced, more time is needed for the current\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/01\/Estimated-number-of-EC-units-completing-and-vacancy-rate-for-ECs-1024x303.jpg?fit=1024%2C303&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20890"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=20890"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20890\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=20890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=20890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=20890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}