SIM LIAN GROUP LIMITED 52 Hillview Terrace Singapore 669271 Tel: 63036200 Fax: 67696617 Company Registration No. 200004760 C Website: www.simlian.com.sg MEDIA RELEASE EMBARGOED TILL 28 October 2011, 5.15pm Sim Lian Group celebrates nature with the launch of Parc Vera at Hougang Avenue 7 Singapore, October 28, 2011 – Main board listed Sim Lian Group Limited (‘Sim Lian Group’) will launch its latest condominium tomorrow; Parc Vera at Hougang Avenue 7. Offering a panoramic view of Sungei Serangoon, the 452-unit condominium is a stone’s throw away from the river, the Serangoon Park Connector and Punggol Park. Inspired by nature as its next-door-neighbour, Parc Vera features a cascading double-storey waterfall amid greenery from a lap pool on the third floor to a jacuzzi and children’s play pool on the first. There will also be a pool pavilion, sun decks and a timber boardwalk. The development’s average pricing is S$800 psf and a total of 150 units will be released for sale in phase one. Eligible to foreigners, Parc Vera features two-bedroom, 2 plus study, three-bedroom and four-bedroom units, and penthouses. It is expected to receive its Temporary Occupation Permit (‘TOP’) in June 2015. The showflat will be open between 11 am and 7 pm daily from 29 October 2011, and is located at Hougang Avenue 7. “Parc Vera stands out because residents will be welcomed to a home nestled among nature’s beauty while benefitting from easy access to the city and amenities within the matured estate of Hougang. Residents can also cycle, jog and enjoy a leisurely stroll along Sungei Serangoon to catch a glimpse of wildlife including herons, terns and kingfishers. This is part of Hougang’s appeal and Sim Lian Group’s development of Parc Vera will capture its very essence, supporting the government’s initiatives to celebrate the individual charm of estates across Singapore,” said Kuik Sing Beng, Executive Director of Sim Lian Group. 1 The 99 year-leasehold development comprises four 18-storey blocks on a 168,246 square feet (15,630.4 square metres) site with apartments organised in a U-shape formation around the pool, barbecue pits and clubhouse. The function room and gymnasium in the clubhouse will have a view of the pool and lush greenery outside. The condominium will also include a recreational tennis court and children’s playground. Parc Vera is easily accessible to major expressways including the KPE, PIE, TPE and CTE, with the Hougang MRT station and bus interchange, as well as the Kovan MRT station nearby. Hougang Plaza, Hougang Mall, Nex shopping centre and Heartland Mall are also located in close proximity to the condominium. Another condominium by Sim Lian Group launched in early September 2011 continues to see brisk take-up. More than 755 units of the 882 units of A Treasure Trove in Punggol Central have been sold to date. Sim Lian Group will also be launching an executive condominium at Tampines Avenue 7 in the first quarter of 2012. - End - About Sim Lian Group- Sim Lian Group Limited has been building homes for families in Singapore for over 35 years. Listed on the Mainboard of the Singapore Exchange in 2000, the company was established as a construction company in 1976 before embarking on property development in 2001. The Group is an award-winning property development and construction company, creating homes for families based on the strong foundations of prime location, quality workmanship and maximised usable space. Sim Lian Group is the developer of A Treasure Trove, Waterview, Centrale 8 at Tampines, Parc Lumiere, Rochelle at Newton, The Lincoln Residences, Clover by the Park, Carabelle, The Premiere @ Tampines, The Amery, Bleu @ East Coast, Viz at Holland, The Pearl @ Mount Faber, The Jade Condominium and The Dew Executive Condominium. It is ranked amongst the Top 100 Brands in Singapore 2011 by Brand Finance. 2 For further media enquiries, please contact: Q Akashah Eu Jin Song Ogilvy Public Relations Worldwide Ogilvy Public Relations Worldwide Tel: +65 6213 7881/ +65 9825 1944 Tel: +65 6213 6998 / 9725 7925 Email: [email protected] Email: [email protected] 3 Fact Sheet ෧, Name of Project : (Chinese name: ↗ ) Developer : Sim Lian (Hougang) Pte. Ltd. (wholly owned subsidiary of Sim Lian Group Limited) Location : Hougang Ave 7 Number of units : 452 Number of Storeys: 4 blocks of 18-storey Site : 15,630.4sqm/ 168,246 sqft Land Tenure : 99 years leasehold commencing from 20 December 2010 Number & Sizes : Unit Types No. of Units Approximate Area Two- Bedroom 138 710 – 883 sqft 2 plus Study 104 872 – 1,109 sqft Three- Bedroom 150 1,141 – 1,302 sqft Four- Bedroom 32 1,410 – 1,550 sqft Penthouse 28 1,615 – 3,950 sqft Facilities : Lap pool, children’s play pool, jacuzzi pool, pool pavilion, sun decks, clubhouse with function room and gymnasium, male changing/shower room and female changing/shower room, children’s playground, barbecue area, recreational tennis court Expected TOP : June 2015 Architect : SEP Architects 4 .