CITY DEVELOPMENTS LIMITED 
By 11 January 2012
ROBUST DEMAND FOR EXECUTIVE CONDOMIUMS (EC) - CROWDS THRONG THE RAINFOREST EC SALES GALLERY - 150 UNITS SOLD ON THE FIRST DAY
The Rainforest - the Executive Condominium (EC) located in
Choa Chu Kang Avenue 3, saw strong take-up with 150 units
sold when bookings opened today for eligible buyers.
This latest 466-unit development by City Developments Limited
(CDL) and TID Pte Ltd (a joint venture between Hong Leong
Group and Mitsui Fudosan) is attractively priced at an
average of about S$730 per square foot. Choice units ranged
from S$601,000 for a 2-bedroom plus study unit, from
S$689,000 for a 3-bedroom unit, from S$897,000 for a
4-bedroom unit and from S$1.01 million for a penthouse were
available for selection. The convenience of the development's
5 minutes' walk to the Choa Chu Kang MRT station, Lot One
Shoppers' Mall and other amenities in close proximity,
appealed to many buyers in particular those who already live
around the area.
The prime locale of this affordable EC also saw strong demand
from second-time buyers. In line with the current rules, only
5% of the project is allocated to second-timers buyers, and
these have all been taken up today. Interested second-time
buyers will be able to make their bookings for remaining
units on 11 February 2012, one month from the public
launch.
Beyond the quality furnishings from premium brands such as
Electrolux and Kohler in each spacious and thoughtfully
designed unit, this nature inspired development also features
an avant- garde architecture with terracing blocks to
maximize views of the luxuriant surroundings. A wide range of
amenities that include a Bio-Pond Garden, Leisure Alcoves,
BBQ Nooks, Hammock Court, the Hideout Lagoon, a 50-metre Lap
Pool, Cavern Spa and more provide ideal locations for bonding
activities with family and friends.
"As the first EC launch for the year, we are very pleased
with the strong response and healthy take-up for The
Rainforest. Besides the appeal of being near an MRT, shopping
mall and other amenities, the development's prime location
within a mature estate has also been a draw for many of our
buyers who already have families living within this area or
are familiar with the locale," said Mr Chia Ngiang Hong,
CDL's Group General Manager.
"Furthermore, with the Choa Chu Kang area primed for growth,
upcoming infrastructure and amenities such as the Downtown
MRT lines, The Rainforest is an ideal choice for buyers
looking for quality and value-for-money condo-style homes at
affordable price points," added Mr Chia.
The Rainforest EC offers easy access to shopping and
entertainment areas such as Lot One Shoppers' Mall, Warren
Golf & Country Club and the upcoming Junction 10 shopping
mall. Nature lovers will delight in leisurely evening strolls
in nearby green pockets such as Choa Chu Kang Park, Bukit
Batok Town Park, Bukit Batok Nature Park, Little Guilin Lake
and Bukit Timah Nature Reserve. Located within the vicinity
are also popular schools such as South View Primary School,
Bukit Panjang Government High, De La Salle School and Pioneer
Junior College.
The Rainforest is well connected to the North-South MRT line
with Kranji and Bukit Timah
Expressways also within close proximity.
Previous signature ECs developed by CDL include Esparis,
Florida and Nuovo, with Blossom
Residences to be added to this collection.
The Rainforest Sales Gallery (next to Choa Chu Kang MRT
station) is open from 9.30am to
6.00pm daily. For enquiries, please call the sales hotline:
6767 6788/89.
==================================================================
Please refer to the fact sheet enclosed for details on The
Rainforest.
For media queries, please contact:
Belinda Lee Gerry de Silva
Assistant General Manager Head, Group Corporate Affairs
Head, Corporate Communications Hong Leong Group Singapore
City Developments Limited
(Regn No: 196300316Z)
Tel: 6428 9315 Tel: 6428 9308
FACT SHEET
