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Strong response to The Brownstone Executive Condominium in opening weekend

  • Around 300 e-applications filed in opening weekend; attracts more than 2,000 visitors to sales gallery
  • Buoyant debut amidst a highly competitive market with many new ECs available

Singapore, 12 July 2015 – The Brownstone Executive Condominium (EC) made a strong debut as around 300 eligible EC buyers filed their e-applications over the opening weekend. The 638-unit EC has attracted large crowds numbering over 2,000 at its sales gallery.

Applications for eligible EC buyers can be made from 10 to 20 July 2015, and bookings will be conducted on Saturday, 25 July 2015.

Given the current property market, the strong interest in The Brownstone has largely been driven by the project’s accessibility to the MRT network and growth prospects of its immediate neighbourhood. While there are several EC projects located in the North, The Brownstone is the only EC directly next to an MRT station. Works on Canberra MRT station has commenced, and it is expected to open the same year The Brownstone is slated for completion.

Mr Chia Ngiang Hong, Group General Manager of City Developments Limited (CDL) said, “In a highly competitive market, homebuyers have a wide range of new EC projects to select from. The strong response to The Brownstone shows that there is inherent demand for a well-located EC with strong potential appreciation. The north of Singapore is a new growth area, poised for transformation into a lifestyle and commercial hub. Located just beside the upcoming Canberra MRT station, The Brownstone offers unparalleled connectivity and is well-positioned to benefit from infrastructural developments in its vicinity. We expect more eligible buyers to submit their applications this week before 20 July.”

The Brownstone offers a good mix of apartment types, with unit sizes ranging from 732 square feet (sq ft) for a two-bedroom to 1,711 sq ft for a five-bedroom penthouse. Designed for contemporary living, The Brownstone’s textured brown sandstone-like facade with unique jetty balconies draws inspiration from New York’s charming Brownstone row houses. Surrounding the estate’s plethora of thematic recreational facilities is a verdant landscape of trees and fields, graced by a unique Lawn Vista.

The Brownstone is being developed by CDL and TID Pte. Ltd.. As Singapore’s property pioneer, with over 50 years of track record, The Brownstone is CDL’s seventh EC project, after The Florida, Nuovo, The Esparis, Blossom Residences, The Rainforest and Lush Acres, all of which are fully sold.

The Brownstone Sales Gallery, located beside Sembawang MRT station, is open from 10am to 7pm daily. For enquiries, please call the sales hotline: (65) 6877 1818.