Lake Life, a new executive condo (EC) in the Jurong Lake district by an Evia Real Estate-led consortium, announced that it has received 1,853 e-applications for its 546 units. This means the project is more than three-times subscribed, the highest number of e-applications ever received for an EC. Of all the applications, about 66% are second-time applicants, with an average age of 42 years. The EC is developed by Evia Real Estate, BBR Holdings, OKP Holdings, Ho Lee Group and CNH Investment, a joint venture between two privately-held construction companies. Lake Life has a selection of two- to five-bedroom units. It is scheduled for completion in December 2017.

This article appeared in the City & Country of Issue 648 (Oct 20) of The Edge Singapore.