July 2024

Developers’ sales for the week of 22 July 2024 28 July 2024 were 107 units

Developers’ sales for the week of 22 July 2024 28 July 2024 were 107 units The CCR accounted for 13.1% while the RCR and OCR made up 25.2% and 61.7% The respective top-selling projects in the CCR is Hill House, followed by Grand Dunman in the RCR and Hillhaven in the OCR The private residential market was stable in the second quarter of 2024, supported by an increase in...

Kassia achieve an outstanding results with more than 50% sold on first day launch.

Kassia achieve an outstanding results with more than 50% sold on first day launch. This is a stark difference comparing with Sora which sold around 25% on its first day launch. The sales performance is expected as many of the units are priced very attractively for a freehold project in today’s market. Despite its location, buyers & investors saw the low price entry as a good buffer for...

Developers’ sales for the week of 15 July 2024 – 21 July 2024 were 211 units

Developers’ sales for the week of 15 July 2024 – 21 July 2024 were 211 units The CCR accounted for 1.9% while the RCR and OCR made up 10.4% and 87.7% The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Tembusu Grand in the RCR and Kassia in the OCR Kassia, the last freehold project in the Flora Drive private residential enclave sold 144 units, a take-up of 52.2%...

Developers’ sales for the week of 8 July 2024 – 14 July 2024 were 67 units

Developers’ sales for the week of 8 July 2024 – 14 July 2024 were 67 units The respective top-selling projects in the CCR is Cuscaden Reserve, followed by The Continuum and The Landmark in the RCR and The Lakegarden Residences in the OCR Despite the absence of launches in June 2024 due to the school holidays, developers’ sales were resilient Developers sold 228 units in June 2024, 2.2%...

Developers’ sales for the week of 1 July 2024 – 7 July 2024 were 199 units

Developers’ sales for the week of 1 July 2024 – 7 July 2024 were 199 units The CCR accounted for 4.0% while the RCR and OCR made up 7.5% and 88.4% The respective top-selling projects in the CCR is Cuscaden Reserve, followed by The Continuum in the RCR and Sora in the OCR Sora, the largest new launch in Jurong Lake District, sold 102 units on launch weekend The appeal of having a...

SORA achieved an expected sales results similar to Lakegardens Residence during its first day sales booking launch.

SORA achieved an expected sales results similar to Lakegardens Residence during its first day sales booking launch. With majority of the units sold being the one and two bedrooms types. As of now, SORA one and two bedrooms are priced lower than LG, whereas LG 3BR & bigger are priced lower than SORA. We will be seeing west lovers shifting their attention to LG after the initial first day...

Developers’ sales for the week of 24 June 2024 – 30 June 2024 were 61 units

Developers’ sales for the week of 24 June 2024 – 30 June 2024 were 61 units Flash estimates showed that property prices edged up by 1.1% in 2Q 2024, easing from the 1.4% gains a quarter earlier due to higher for longer interest rates and cautious sentiments which capped price increases Huttons Data Analytics estimate developers launched between 600 and 700 private residential units in 2Q...

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