2023

The latest insights from the recent Federal Open Market Committee (FOMC) meeting suggest that now is a prime time to consider entering into the real estate market.

Federal Open Market Committee (FOMC) - Click this link for clearer read. The latest insights from the recent Federal Open Market Committee (FOMC) meeting suggest that now is a prime time to consider entering into the real estate market. Here's are the reasons why: 1) Interest rates have remained stable, with indications of a more measured approach to future rate hikes. 2) Projections...

Developers’ sales for the week of 11 Sep – 17 Sep 2023 were 139 units

Developers’ sales for the week of 11 Sep – 17 Sep 2023 were 139 units The CCR accounted for 15.8 % while the RCR and OCR made up 7.9% and 76.3% The respective top-selling projects in the CCR are Pullman Residences Newton, followed by The Reserve Residences in the RCR, and EC - Altura in the OCR Altura is close to 90% sold after the second balloting Altura has seen very strong demand as...

Developers’ sales for the week of 4 Sep – 10 Sep 2023 were 30 units

Developers’ sales for the week of 4 Sep – 10 Sep 2023 were 30 units The CCR accounted for 26.7 % while the RCR and OCR made up 43.3% and 30% The respective top-selling projects in the CCR are Pullman Residences Newton, followed by Grand Dunman in the RCR, and Lentor Hills Residences in the OCR There will be 2 GLS tenders closing on 12 Sept – Lentor Central and Champions Way Despite...

Developers’ sales for the week of 28 Aug – 3 Sept 2023 were 41 units

Developers’ sales for the week of 28 Aug – 3 Sept 2023 were 41 units The CCR accounted for 34.1 % while the RCR and OCR made up 24.4% and 41.5% The respective top-selling projects in the CCR are Pullman Residences Newton, followed by The Landmark in the RCR, and Lentor Hills Residences, Pasir Ris 8 and The Myst in the OCR SLA announced changes to the Land Betterment Charges for Sept 2023...

Developers’ sales for the week of 21 – 27 Aug 2023 were 45 units

Developers’ sales for the week of 21 – 27 Aug 2023 were 45 units The CCR accounted for 28.9% while the RCR and OCR made up 28.9% and 42.2% The respective top-selling projects in the CCR are Midtown Modern, followed by Grand Dunman in the RCR, and Lentor Hills Residences and EC – North Gaia in the OCR The influence of the HDB resale market on the private residential market in the OCR has...

Developers’ sales for the week of 14 – 20 Aug 2023 were 67 units

Developers’ sales for the week of 14 – 20 Aug 2023 were 67 units The CCR accounted for 28.4% while the RCR and OCR made up 13.4% and 58.2% The respective top-selling projects in the CCR are Orchard Sophia, followed by One Pearl Bank in the RCR, and Lentor Hills Residences in the OCR During the National Day Rally, it was announced that there will be a new classification of HDB estates from...

Developers’ sales for the week of 7 – 13 Aug 2023 were 121 units

Developers’ sales for the week of 7 – 13 Aug 2023 were 121 units The CCR accounted for 28.9% while the RCR and OCR made up 31.4% and 39.7% The respective top-selling project in the CCR are Orchard Sophia, followed by TMW Maxwell in the RCR, and The Arden in the OCR Huttons Data Analytics estimates developer sales of more than 5,000 units in the first eight months of 2023 With another...

Developers’ sales for the week of 31 Jul – 6 Aug 2023 were 383 units

Developers’ sales for the week of 31 Jul – 6 Aug 2023 were 383 units The CCR accounted for 2.9% while the RCR and OCR made up 9.1% and 88% The respective top-selling project in the CCR are Hyll on Holland and One Bernam, followed by One Pearl Bank in the RCR, and EC - Altura in the OCR The Lakegarden Residences and EC - Altura were launched over the weekend Almost 80% of the units sold...

Developers’ sales for the week of 24 Jul – 30 Jul 2023 were 73 units

Developers’ sales for the week of 24 Jul – 30 Jul 2023 were 73 units The CCR accounted for 28.8% while the RCR and OCR made up 27.4% and 43.8% The respective top-selling project in the CCR was Hyll on Holland, followed by Grand Dunman, The Reserve Residences and The Continuum in the RCR, and North Gaia in the OCR The URA All Property Price Index posted a 0.2% decline in prices in 2Q 2023...

Developers’ sales for the week of 17 Jul – 23 Jul 2023 were 76 units

Developers’ sales for the week of 17 Jul – 23 Jul 2023 were 76 units The CCR accounted for 22.4% while the RCR and OCR made up 40.8% and 36.8% The respective top-selling project in the CCR was Cairnhill 16, followed by Grand Dunman, LIV@MB and The Continuum in the RCR, and Lentor Hills Residences and EC – North Gaia in the OCR The close of tenders for 2 GLS sites last week revealed two...

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