{"id":8223,"date":"2016-02-29T12:07:48","date_gmt":"2016-02-29T05:07:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wandervale-ec-more-than-40-oversubscribed\/"},"modified":"2016-03-16T21:08:56","modified_gmt":"2016-03-16T14:08:56","slug":"wandervale-ec-more-than-40-oversubscribed","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wandervale-ec-more-than-40-oversubscribed\/","title":{"rendered":"Wandervale EC more than 40% oversubscribed"},"content":{"rendered":"


\nProspective buyers at the Wandervale showflat. (Photo: Sim Lian Group)
\nThe application period for the Wandervale executive condominium (EC) closed on Sunday (28 Feb) after receiving 750 e-applications, said its developer Sim Lian Group.
\nThis means that the 534-unit project is more than 40 percent oversubscribed. OrangeTee and ERA are the marketing agents for the 99-year leasehold EC.
\nPriced at approximately $750 psf to $770 psf on average, the Wandervale showflat at Choa Chu Kang Avenue 3 has attracted more than 5,000 visitors since e-applications started on 18 February.
\nThe first major launch this year, the EC features 130 three-bedroom, 322 three-bedroom premium, and 82 four-bedroom units, ranging from 958 sq ft to 1,249 sq ft, across nine residential blocks.
\nThe larger three-bedroom premium and four-bedroom units were more popular amongst potential buyers, said the developer, adding that the location, spacious units and overall design were the main reasons they chose the project.
\n\u201cThere was a balanced mix of first-time and second-time home buyers, primarily HDB upgraders, at the showflat,\u201d noted Sim Lian.
\nWandervale is within proximity to the Choa Chu Kang MRT station and bus interchange, Bukit Panjang MRT station on the newly opened Downtown Line 2 (DTL2), Lot One Shoppers\u2019 Mall, and South View Primary School. The project is expected to receive its TOP by 2019.
\nWandervale will open for sales booking on 5 March 2016.
\nSingapore-listed Sim Lian Group has launched 23 developments to date, including three projects in Malaysia.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Wandervale EC more than 40% oversubscribed<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Prospective buyers at the Wandervale showflat. (Photo: Sim Lian Group) The application period for the...<\/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-8223","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\/p75ss1-28D","jetpack-related-posts":[{"id":8205,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wandervales-prices-start-from-655000-for-a-3-bedder\/","url_meta":{"origin":8223,"position":0},"title":"Wandervale's prices start from $655,000 for a 3-bedder","date":"March 2, 2016","format":false,"excerpt":"\r The showflat at Wandervale. (Photo: Yasmin Beevi) Sim Lian Group has released prices for the 534-unit Wandervale executive condominium (EC) in Choa Chu Kang, the first major property launch this year. In a statement, the group said prices start from $655,000 for a three-bedroom unit, $753,000 for a three-bedroom\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8152,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wandervales-sales-outperform-ec-launches-in-2015\/","url_meta":{"origin":8223,"position":1},"title":"Wandervale\u2019s sales outperform EC launches in 2015","date":"March 11, 2016","format":false,"excerpt":"\r Prospective buyers looking at a model of Wandervale. (Photo: Sim Lian Group) The 534-unit Wandervale project in Choa Chu Kang, the first executive condominium (EC) to launch in 2016, has beaten market expectations after its developer managed to sell 50 percent of the units last weekend. \u201cDespite tepid market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/03\/Performance-of-EC-projects.png?fit=499%2C317&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":20890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-crest-ec-over-70-sold\/","url_meta":{"origin":8223,"position":2},"title":"Treasure Crest EC over 70% sold","date":"July 19, 2016","format":false,"excerpt":"\r Crowds at the Treasure Crest sales gallery over the weekend. (Photo: Sim Lian Group) More 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. During the first two days of bookings,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-crest-ec-60-oversubscribed\/","url_meta":{"origin":8223,"position":3},"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":8223,"position":4},"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":84890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rivercove-residences-ec-oversubscribed-2-5-times\/","url_meta":{"origin":8223,"position":5},"title":"Rivercove Residences EC oversubscribed 2.5 times","date":"April 10, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Rivercove Residences EC in Sengkang. The Rivercove Residences executive condominium (EC) in Sengkang has attracted over 1,500 e-applications since its preview launch on 1 April, said developer Hoi Hup Sunway on Monday (9 Apr). This translates to an oversubscription rate of 2.5 times for the project\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/8223"}],"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=8223"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/8223\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=8223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=8223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=8223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}