The CCR accounted for 14.1% while the RCR and OCR made up 28.1% and 57.8%
The respective top-selling projects is Cuscaden Reserve in the CCR, followed by Pinetree Hill in the RCR and Lentor Mansion in the OCR
The landed homes market was slightly slower in 3Q 2024
Sales of landed homes in 3Q 2024 eased by 3.7% quarter-on-quarter (QoQ) to 414 from 430 in the previous quarter but was 14.0% higher year-on-year (YoY)
Some buyers held back because of the Lunar Seventh Month and impending interest rate cut in Sept 2024
Amidst an increase in the number of new non-landed launches, there was a comparison to see which was the best choice
The total value of landed homes changing hands in 3Q 2024 was $2.1 billion, 11.8% lower than 2Q 2024’s $2.3 billion but 58.9% YoY
The landed homes market should be stable in the last quarter of 2024 on the back of lower interest rates and prices could end the year up between 0% and 3% in 2024
