The response for the EC site is unlikely to be affected by Covid-19 as the launch of the project will be 15 months later in 2022, The uncertainty over the economy will have been cleared by then. There is potentially pent up demand for an EC as the launch of Signature at Yishun and The Criterion was in 2015.

A healthy participation of between six and eight bidders is likely and we may see a top bid between $520 and $550 psf ppr for the site.