Developers’ sales for the week of 20 May – 26 May 2024 were 62 units The Government announced a new housing estate at Turf City which will have up to 20,000 homes The 15,000 to 20,000 homes planned for the 176 ha site is less than half of the 42,000 homes which will be built in the 165ha site at Tengah The precincts, Racecourse Neighbourhood and Syces Quarters which are near to the GCB...
Developers’ sales for the week of 13 May – 19 May 2024 were 59 units The CCR accounted for 16.9% while the RCR and OCR made up 18.6% and 64.4% The respective top-selling projects in the CCR is Enchanté and Klimt Cairnhill, followed by The Continuum in the RCR and Lentor Hills Residences in the OCR The Government launched an EC site in Jalan Loyang Besar The last parcel of land in Pasir...
In April 2024, there were three launches – 14-unit 32 Gilstead, 142-unit The Hill @one-north and 59-unit The Hillshore, amounting to a total of 278 units. This is a 68.3% drop from the previous month and 65.2% lower year-on-year. Nevertheless, sales at these three launches were encouraging. More than 80% of the sales in April 2024 were for units in earlier launched projects like The Botany at...
The CCR accounted for 12.2% while the RCR and OCR made up 26.8% and 61% The respective top-selling projects in the CCR is 19 Nassim and Klimt Cairnhill followed by Grand Dunman in the RCR and The Myst in the OCR A GLS site at Holland Drive will close on 14 May This is the last plot of land for private residential development in the popular Holland Village enclave It may be developed into a...
The luxury non-landed homes market appeared to have stabilised in 1Q 2024 Adjusting for the effect of new sale, transactions in the luxury non-landed homes resale market was estimated at 40, 17.6% higher quarter-on-quarter (QoQ) The heightened geopolitical tensions appeared to have convinced buyers to buy a home in Singapore which is often seen as a safe haven Based on Huttons Data...
-KEY POINTS- -Sora to stay high as rates reduction unlikely -1year fixed rate (if any) is less attractive as high interest will go far into next year - 2yrs Fixed Rates 3.00 3.00 (>300k) - 2yrs Fixed Rates 2.95 2.95 (>500k) - 2yrs Fixed Rates 2.90 2.90 (>800k) - 2yrs Fixed Rates 2.88 2.88 (>1mil) NEW - 2yrs Fixed Rates 2.85 2.85 (>1.3mil) NEW FIXED RATES WITH FREE REVISION...
