CITY DEVELOPMENTS LIMITED 
By 4 January 2012
CDL LAUNCHES FIRST EXECUTIVE CONDOMINIUM OF THE YEAR - THE RAINFOREST
The New Year beckons with opportunities for homebuyers as
City Developments Limited (CDL) partners with TID Pte Ltd, a
joint venture between Hong Leong Group and Mitsui Fudosan, to
launch the first luxury Executive Condominium (EC) of 2012 -
The Rainforest. Applications for eligible EC buyers start
from tomorrow, 5 to 9 January 2012. Bookings will be
conducted on 11
January 2012.
Ideally located along Choa Chu Kang Avenue 3, just 5 minutes'
walk to Choa Chu Kang MRT station and Lot One Shoppers' Mall,
this 466-unit premier development will be an alluring option
for homebuyers in search of quality affordable housing, near
an MRT station.
Discerning couples and families can purchase choice units
ranging from approximately S$601,000 for a 2-bedroom plus
study unit, from $688,000 for a 3-bedroom unit and from
S$896,000 for a 4-bedroom unit.
Spread over an area of almost 190,000 square feet of lush
verdant grounds, The Rainforest offers a selection of units
starting from 818 square feet two-bedroom plus study to 2,174
square feet penthouses. Family-friendly units such as the Sky
Suites with 4-bedrooms and a family area cater to larger
households while the Dual Key design comfortably accommodates
an extended family under one roof while allowing for privacy
with two separate living spaces and entrances.
From the avant-garde architecture with terracing blocks to
maximize its surrounding breathtaking views, to the spacious
interiors, all units at this nature inspired development not
only feature wood textural accents inspired by the
surrounding natural beauty but are also fitted with quality
furnishings from premium brands such as Electrolux and
Kohler. 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 will
enthrall children and adults alike.
Following Government measures to raise the monthly household
income ceiling for eligible EC buyers from S$10,000 to
S$12,000, feedback has been positive as a wider pool of
potential buyers have been able to benefit from this
announcement. With the land sale for Design, Build and Sell
Scheme (DBSS) subsequently placed on hold for review, this
has also prompted upgraders, to look to ECs as an affordable
option. Moreover, ECs are preferred as they eventually become
private properties which can be sold to any Singaporean or
Singapore Permanent Resident after five years and to any
foreigner after 10 years.
ECs remain attractive to upgraders looking for private
condo-style living at affordable price points. Sales take-up
for such developments has since continued healthily. Strong
sales at the 602-unit Blossom Residences, CDL's previous EC
launch in the nearby Bukit Panjang locale, which is now about
80% sold, indicate favorable demand by homebuyers in this
increasing popular district.
"The Choa Chu Kang district continues to undergo massive
transformation, with the inclusion of excellent
infrastructure and amenities. As one of rare ECs located
within walking distance to a MRT station and shopping mall,
savvy buyers can leverage on this development's prime locale
for its convenience and value appreciation potential. We
believe that this attractively priced project will be well
received," said Mr Chia Ngiang Hong, CDL's Group General
Manager.
The Rainforest is well connected to the North-South and
upcoming Downtown MRT lines. Kranji and Bukit Timah
Expressways are also within close proximity.
Its excellent locale provides convenient access to shopping
and entertainment areas such as Lot One Shoppers' Mall,
Warren Golf & Country Club and the upcoming Junction 10
shopping mall while green pockets such as Choa Chu Kang Park,
Bukit Batok Town Park, Bukit Batok Nature Park, Little Guilin
Lake and Bukit Timah Nature Reserve offer residents easy
access to nature routes for leisurely evening strolls.
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.
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
7.00pm daily. For enquiries, please call the sales hotline:
6767 6788/89.
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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
