Developers’ sales for the week of 10 Jul – 16 Jul 2023 were 800 units
The CCR accounted for 1.9% while the RCR and OCR made up 93.6% and 4.5%
The respective top-selling project in the CCR was Grange 1866, followed by Grand Dunman in the RCR, and Lentor Hills Residences in the OCR
Developers sold 278 units in Jun 2023, 73.2% lower than May 2023
Projects in the Core Central Region (CCR) account for 40.3% or 112 units of total sales
Singaporeans accounted for almost 80% of purchases in the CCR in June as the number of foreigners dipped after the cooling measures
Launches in July like Grand Dunman, Lentor Hills Residences, Pinetree Hill and The Myst have collectively sold more than 1,100 units on their launch weekend
Huttons estimate developers’ sales in July to be between 1,200 and 1,400 units
The strong sales at these 4 projects have boosted the confidence of buyers looking into buying a private residential unit whether it’s for investment or own stay as the take up across various unit types and sizes at all 4 projects are very strong and healthy