The 99-year leasehold development is a joint venture between developers City Developments and MCL Properties.

The announcement was made by a City Developments spokesperson in response to media inquiries.

According to HDB regulations, only 30% of the units in the newly launched executive condominium project are reserved for second-time buyers during the first sale phase.

And this project already met the quota in question when it was launched last month.

The first sale of this project was only open to first-time buyers, and second-time buyers could purchase the remaining 146 units on Saturday (26th), which were already snapped up over the weekend.