Developers’ sales for the week of 19 Aug to 25 Aug 2024 were 58 unit The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Tembusu Grand in the RCR and Hillock Green in the OCR The Government announced cooling measures on the HDB market by lowering the Loan-to-Value limit for HDB loans to 75%, similar to a bank loan for a HDB flat In the near term, the resale demand...
https://www.straitstimes.com/business/economy/powell-says-time-has-come-for-fed-to-cut-interest-rates With interest rates set to reduce, we’re expecting more movement in the market. Sharing my observations from past experiences: 1) Lower interest rates will attract more people to divert their savings to other investment alternatives. 2) Banks will be more competitively readjusting their...
Developers’ sales for the week of 12 Aug 2024 – 18 Aug 2024 were 56 units The CCR accounted for 23.2% while the RCR and OCR made up 30.4% and 46.4% The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Tembusu Grand in the RCR and Lentoria in the OCR The resumption of project launches after the June school holidays propelled developers’ sales by 2.5 times to 571...
Developers’ sales for the week of 5 Aug 2024 – 11 Aug 2024 were 37 units The CCR accounted for 10.8% while the RCR and OCR made up 35.1% and 54.1% The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Tembusu Grand in the RCR and EC – North Gaia in the OCR The luxury non-landed homes market (new and resale) saw steady demand from buyers in 2Q 2024 Based on...
Developers’ sales for the week of 29 July 2024 – 4 Aug 2024 were 84 units The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Grand Dunman in the RCR and Hillhaven and Lentoria in the OCR Two GLS tenders at Margaret Drive and Jalan Loyang Besar (EC) closed on 1 Aug with Margaret Drive getting a top bid of $1,154 psf ppr and Jalan Loyang Besar (EC) $729 psf...
