City Developments launches The Rainforest

Can you guess the starting asking price in this 466-unit executive condominium development?

Units begin from $601,000 for a 2-bedroom plus study unit and reach up to S$896,000 for a 4-bedroom unit. There is also a mid-priced 3-bedroom unit at $688,000.

CDL said the 466-unit lots are targeted to upgraders and investors looking to sell after five to 10 years.

The Rainforest is a partnership between CDL and TID Pte Ltd, a joint venture between Hong Leong Group and Mitsui Fudosan.

CDL claims that The Rainforest, which is a short walk from Choa Chu Kang MRT station and Lot One Shoppers' Mall, has a coveted location that will help sell units fast.

CDL pointed to the brisk sales of its 602-unit Blossom Residences in nearby Bukit Panjang, now 80% sold.

“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.