I agree, if want new then consider.
The price is comparable to private resales, not new launches. New launches are already 13xx onwards.. ECs aren't cheap anymore, when rivercove launch, H20 just across the canal was selling just 50psf more. Rivercove is 100% sold out. Where's the reason in that?
The mindset of the people who want to buy this project for profit has to change, entering at 1100psf++ when the surrounding projects were sold for 8xx psf, if buying to flip most likely won't make money, but homestay I feel it's good.
The layouts quite decent and the site layout is awesome, the site design is much better than some of the older ECs in the region and comparable/better than most of the privates around I feel.
If you need a house and want something new, then you don't have a choice, if you see the BTO subscription rates for past few years, everywhere is oversubscribed except tengah, imagine some of the first time buyers getting 1xxx out of 500 for queue number and rejected for the popular ones.