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reporter2
14-01-13, 16:22
http://www.straitstimes.com/archive/saturday/premium/top-the-news/story/scramble-beat-the-clock-20130112

Scramble to beat the clock

Published on Jan 12, 2013


BUYERS rushed to showflats that either opened early or kept running late into the night to allow people to beat the deadline for new cooling measures that kicked in at midnight.

The hottest ticket in town seemed to be the showflat of La Fiesta, a development that was not due to launch until Tuesday.

Hundreds of potential buyers - and jostling agents - flocked to the flat in Sengkang last night, queuing to get inside to beat the midnight deadline.

Sales manager Julia Lee was spotted outside the showflat discussing her options with her husband, while her agent was queuing for them to get in.

The couple are looking at buying a second property for investment.

There were also many agents on the phone talking about potential price appreciation, appearing to convince more clients to come down while groups of people stood around outside, apparently trying to make a decision.

Other developers, including Far East Organization and MCC Land, kept their showflats open till late while agents tried to convince prospective buyers to close deals.