640 e-applications for The Brownstone

The Brownstone, a 638-unit executive condominium (EC) project at Canberra Drive in Sembawang, has received around 640 e-applications since its launch on 10 July, reported Channel NewsAsia.

E-applications for the project, which is being jointly developed by City Developments Limited (CDL) and TID Pte Ltd, closed on Monday, while bookings start this coming Saturday, 25 July.

Although e-applications are usually viewed as an indication of interest in a project, applicants are not obliged to purchase once sales commence. Units at The Brownstone have an indicative price of $599,000 for a two-bedroom and $1.3 million for a five-bedroom penthouse.

Meanwhile, several other EC projects are expected to enter the market this month. E-applications for Sol Acres at Choa Chu Kang is currently in progress, while the 517-unit The Vales, located at Anchorvale Crescent, already opened for sales last Saturday.

Image: Visitors at The Brownstone EC showflat during opening weekend.(Source: CDL)

 

Romesh Navaratnarajah, Singapore Editor at PropertyGuru, edited this story. To contact him about this or other stories email romesh@propertyguru.com.sg