Thursday, June 16, 2011

Sim Lian Group Construction Cost Rise

Sim Lian Expects Construction Cost To Rise Sim Lian Group voiced its concern that construction costs may increase with the recent move to speed up the pace of public housing supply. The temporary policy, rolled out recently, seeks to clear the demand backlog and help young couples get their flats faster. HDB will pick up the construction pace, with plans to deliver 25k units this year, from a previously planned 22k units.

Sim Lian Group announced on Wednesday its latest development Centrale 8 at Tampines will go on sale from Thursday.Located at the junction of Tampines Ave 5 and Tampines Central 8, the development comes under the Housing Development Board's Design, Build and Sell Scheme Three-room flats are available for between S$397,000 and S$510,000, four-room units between S$531,000 and S$683,000 and five-room flats between S$685,000 and S$880,000.

The development comprises seven residential blocks, fully-equipped with communal spaces, a central precinct pavilion, children’s playground, inter-precinct open spaces and a fitness area. It also features commercial facilities, such as an eatery, two shops and a mini-mart.

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