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SG Pasir Ris EC oversubscribed more than 2 times

Property Here - Thursday, August 15, 2013

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The Sea Horizon executive condominium (EC) in Pasir Ris has attracted strong interest from prospective buyers, receiving more than 1,000 e-applications since its launch on 7 August. 

The 495-unit project is being developed by Hao Yuan Investment and Sustained Land and features twelve tower blocks comprising two- to five-bedroom units and penthouses. 

A spokesman for Sea Horizon said: "The response to the project has been encouraging, based on the number of applications received. This is likely due to Sea Horizon's unique coastal upland location, which is especially rare for EC projects. The past (National Day) long weekend also helped to garner more applications although we subsequently still see steady stream of applications each day." 

The project's popularity is mainly due to its coastal location which offers vast sea views and exciting waterfront lifestyles, the spokesman added. The site is also close to amenities like Escape Theme Park, shopping malls, Pasir Ris MRT station and the airport.

The spokesman noted that a large proportion of the applicants are first time home-buying couples.

E-applications will close this Sunday (18 August), while bookings commence on 7 September.

Sea Horizon is the fifth EC project launched this year. 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email