Brisk applications for latest executive condo launch in Woodlands

THE first executive condominium (EC) to go on the market this year made a solid debut at its launch on April 10.

The number of e-applications yesterday for Twin Fountains, in Woodlands exceeded a third of the available units.

The project had received 155 e-applications as of 5pm yesterday, said Frasers Centrepoint Homes chief executive Cheang Kok Kheong. Of that number, 31 per cent are first-time buyers.

The 418-unit project is being jointly developed by Frasers Centrepoint and Lum Chang.

Units at Twin Fountains are priced from $580,000 for a two-bedroom suite to $1.26 million for a four-bedroom dual-key unit, with prices ranging between $660 and $790 per sq ft (psf).

"We anticipate that the number of e-applications made will increase steadily over the 11-day e-application period, with more notable increases on weekends," Mr Cheang said.