Developers’ sales for the week of 22 – 28 Jan 2024 were 319 units The CCR accounted for 2.2% while the RCR and OCR made up 2.2% and 95.6% The respective top-selling projects in the CCR is 10 Evelyn and 19 Nassim followed by Grand Dunman in the RCR, and Lumina Grand in the OCR Lumina Grand sold 270 units on the first weekend The split between 1st and 2nd timers were roughly 43% and...
Lumina Grand EC Live Update: 270/512 (53% Sold) With a higher average $psf selling price over at Lumina Grand EC, buyers demand are held back with only the 2nd timers buyers quota demand filled on the first day launch. Income cap of $16k also means that first timers buyers profile will have to fork out a higher downpayment. Despite a lower land cost secured, the CDL branding plus a...
Developers’ sales for the week of 15 – 21 Jan 2024 were 172 units The CCR accounted for 2.3% while the RCR and OCR made up 35.5% and 62.2% The respective top-selling projects in the CCR is Enchanté, The Arcady at Boon Keng in the RCR, and Hillhaven in the OCR The property market kick off with Hillhaven and The Arcady at Boon Keng, each selling more than 50 units on launch day. Buyers...
The sale launches for the first two projects in 2024 will set the mood for the next few months. Despite many opinion leaders citing this as an encouraging sales results, I personally think that the buyer sentiment remains thin. The main issue is about ABSD which penalize multiple properties owners. Which also means that choosing the right residential property to own has becoming more and more...
Developers’ sales for the week of 8 – 14 Jan 2024 were 41 units The CCR accounted for 14.6% while the RCR and OCR made up 31.7% and 53.7% The respective top-selling projects in the CCR is Watten House, followed by The Continuum in the RCR EC – Altura, EC – North Gaia, Hillock Green and Sceneca Residence were the top-selling projects in the OCR Developers sold an estimated 135 units...
10 Jan 24 Government’s Direction for New Homes The latest news on Monday talks about the government's direction for new homes. Minister Desmond Lee shared updates on both public and private housing supplies. In simple words, the government wants to make sure that property prices grow steadily with the market. They are keeping an eye on the balance between how many houses are available and...
Developers’ sales for the week of 1 – 7 Jan 2024 were 27 units The CCR accounted for 11.1% while the RCR and OCR made up 55.6% and 33.3% The respective top-selling projects in the CCR is Watten House, followed by Pinetree Hill and The Reserve Residences in the RCR, and EC – North Gaia in the OCR HDB is reducing its BTO flats from 22,780 units in 2023 to 19,600 units in 2024 but remain...
Is 2024 Going to Be the Same Old Same Old? As we step into the new year, everyone's curious about what's in store for the real estate market. Many folks looking to buy or sell property are contemplating their next big move, understanding that it's not as simple as buying vegetables. In the HDB market, prices and volume are expected to grow, although at a slower pace. Government policies aim to...
Sales for 25 – 31 Dec 2023 were 38 units The CCR accounted for 15.8% while the RCR and OCR made up 50% and 34.2% The respective top-selling projects in the CCR is 10 Evelyn, followed by The Continuum in the RCR, and Hillock Green in the OCR Flash estimates from URA showed that private property prices grew 2.7% in 4Q 2023 and 6.7% in 2023 The quarterly price growth in 4Q 2023 is more than...
