Real Estate

Developers’ sales for the week of 7 – 13 Aug 2023 were 121 units

Developers’ sales for the week of 7 – 13 Aug 2023 were 121 units The CCR accounted for 28.9% while the RCR and OCR made up 31.4% and 39.7% The respective top-selling project in the CCR are Orchard Sophia, followed by TMW Maxwell in the RCR, and The Arden in the OCR Huttons Data Analytics estimates developer sales of more than 5,000 units in the first eight months of 2023 With another...

Developers’ sales for the week of 31 Jul – 6 Aug 2023 were 383 units

Developers’ sales for the week of 31 Jul – 6 Aug 2023 were 383 units The CCR accounted for 2.9% while the RCR and OCR made up 9.1% and 88% The respective top-selling project in the CCR are Hyll on Holland and One Bernam, followed by One Pearl Bank in the RCR, and EC - Altura in the OCR The Lakegarden Residences and EC - Altura were launched over the weekend Almost 80% of the units sold...

Developers’ sales for the week of 24 Jul – 30 Jul 2023 were 73 units

Developers’ sales for the week of 24 Jul – 30 Jul 2023 were 73 units The CCR accounted for 28.8% while the RCR and OCR made up 27.4% and 43.8% The respective top-selling project in the CCR was Hyll on Holland, followed by Grand Dunman, The Reserve Residences and The Continuum in the RCR, and North Gaia in the OCR The URA All Property Price Index posted a 0.2% decline in prices in 2Q 2023...

Developers’ sales for the week of 17 Jul – 23 Jul 2023 were 76 units

Developers’ sales for the week of 17 Jul – 23 Jul 2023 were 76 units The CCR accounted for 22.4% while the RCR and OCR made up 40.8% and 36.8% The respective top-selling project in the CCR was Cairnhill 16, followed by Grand Dunman, LIV@MB and The Continuum in the RCR, and Lentor Hills Residences and EC – North Gaia in the OCR The close of tenders for 2 GLS sites last week revealed two...

278 units were sold in June 2023, 73.2% lower than May 2023. CCR account for 40.3% or 112 units of total sales in Jun.

278 units were sold in June 2023, 73.2% lower than May 2023. CCR account for 40.3% or 112 units of total sales in Jun. Singaporeans accounted for almost 80% of the demand in the CCR which might be due to the closing of the gap in prices between the CCR and the RCR, plus cooling measures’ negative effect on demand from foreigners. Nevertheless, developer’s sales are estimated to be between...

Developers’ sales for the week of 10 Jul – 16 Jul 2023 were 800 units

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)...

Developers’ sales for the week of 3 Jul – 9 Jul 2023 were 470 units

Developers’ sales for the week of 3 Jul – 9 Jul 2023 were 470 units The CCR accounted for 4.3% while the RCR and OCR made up 6.6% and 89.1% The respective top-selling project in the CCR was Leedon Green, followed by One Pearl Bank in the RCR, and Lentor Hills Residences in the OCR The surge in OCR’s sales is due to two major launches, Lentor Hills Residences and The Myst, which sold 298...

Developers’ sales for the week of 26 Jun – 2 Jul 2023 were 63 units

Developers’ sales for the week of 26 Jun – 2 Jul 2023 were 63 units The CCR accounted for 33.3% while the RCR and OCR made up 30.2% and 36.5% The respective top-selling project in the CCR was Leedon Green and The Avenir, followed by The Reserve Residences and Piccadilly Grand in the RCR, and Tenet in the OCR ThDevelopers’ sales for the week of 26 Jun – 2 Jul 2023 were 63 units The...

Developers’ sales for the week of 19 Jun – 25 Jun 2023 were 45 units

Developers’ sales for the week of 19 Jun – 25 Jun 2023 were 45 units The CCR accounted for 33.3% while the RCR and OCR made up 48.9% and 17.8% The respective top-selling project in the CCR was Grange 1866, followed by The Reserve Residences in the RCR, and North Gaia in the OCR The Government called a tender for a 6.5ha master development in JLD last week Huttons estimate the land cost...

Developers’ sales for the week of 12 Jun – 18 Jun 2023 were 39 units

Developers’ sales for the week of 12 Jun – 18 Jun 2023 were 39 units The CCR and the RCR each accounted for 43.6% while the OCR made up 12.8% The top-selling project in the CCR was Grange 1866, followed by The Reserve Residences in the RCR, and North Gaia in the OCR Developers sold 1,038 units in May 2023, 17% higher than April 2023, on the back of 1,595 units launched Two major...

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