Source : Channel NewsAsia - 17 Apr 2009
Over a hundred people have started queuing for the latest public housing project in Simei even though bookings are not scheduled to start till Tuesday.
Artist’s impression of Parc Lumiere - SIM LIAN GROUP website
Eager house-hunters have been at the Simei Road site since 8am in hope of viewing and eventually booking a unit at Parc Lumiere – a new project under the Housing and Development Board’s (HDB) Design, Build and Sell Scheme (DBSS).
They are taking no chances, especially when applications will be accepted on a first-come-first-served basis only.
Given the strong response, developers said applications may open from Saturday instead.
Four-room units at Parc Lumiere are priced between S$378,000 and S$425,000, while 5-room units are priced between S$462,000 and S$575,000.
One house-hunter said: “Price-wise, I don’t have a choice! I need a house. The longer I wait, the price will keep increasing. I haven’t seen a trend in prices dropping, so I have to get it. It’s now or never.”
Under this scheme, private developers manage the project from its design to construction and sale.
While units may come with condominium-like furnishings, the projects do not have facilities found in condominiums such as swimming pools.
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