Property Update

Developers’ sales for the week of 25 Nov 2024 – 1 Dec 2024 were 97 units

The top sell projects is The Collective at One Sophia in the CCR, followed by Emerald of Katong in the RCR and Chuan Park in the OCR The Government pushed out 3 GLS sites for sale – Bayshore Road, Media Circle (Parcel A) and (Parcel B) The Bayshore Road site is the first private residential site in the upcoming Bayshore precinct and the first private residential site to have doorstep access to...

Developers’ sales for the week of 11 Nov 2024 – 17 Nov 2024 were 1,743 units

The respective top-selling projects is The Collective at One Sophia in the CCR, followed by Emerald of Katong in the RCR and EC - Novo Place in the OCR Emerald of Katong sold almost 99% of its units while Nava Grove moved more than 60% of its units over the launch weekend Emerald of Katong is the best-selling project by units and percentage in 2024 There was probably a bit of FOMO among some...

Developers’ sales for the week of 4 Nov 2024 – 10 Nov 2024 were 861 units

The respective top-selling projects is The Collective at One Sophia in the CCR, followed by Union Square Residences in the RCR and Chuan Park in the OCR Chuan Park, The Collective at One Sophia and Union Square Residences were launched for sale last week Chuan Park sold more than 70% while The Collective at One Sophia sold 37 units and Union Square Residences sold 78 units In terms of the...

Developers’ sales for the week of 28 Oct 2024 – 3 Nov 2024 were 64 units

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...

Developers’ sales for the week of 21 Oct 2024 – 27 Oct 2024 were 78 units

  The respective top-selling projects is Klimt Cairnhill in the CCR, Pinetree Hill in the RCR and Lentoria in the OCR Private property prices fell by 0.7% in 3Q 2024, marking the first decline in property prices since 2Q 2023 where prices eased by 0.2% The decline in property prices may be due to a different mix of properties sold in 3Q 2024 compared to the previous quarter For...

Developers’ sales for the week of 14 Oct 2024 – 20 Oct 2024 were 376 units

The CCR accounted for 2.7% while the RCR and OCR made up 4.8% and 92.6% The respective top-selling projects is Cuscaden Reserve in the CCR, followed by Pinetree Hill and Tembusu Grand in the RCR and Norwood Grand in the OCR Norwood Grand sold more than 80% on launch weekend, making it the best selling project in 2024 and the best selling project since J'den in Nov 2023 There was overwhelming...

Developers’ sales for the week of 7 Oct 2024 – 13 Oct 2024 were 89 units

The CCR accounted for 11.2% while the RCR and OCR made up 59.6% and 29.2% The respective top-selling projects is Cuscaden Reserve in the CCR, followed by Pinetree Hill in the RCR and Lentor Mansion in the OCR HDB will be launching its Oct 2024 BTO exercise with flats classified as Standard, Plus and Prime The key differentiating factors between a Plus and Prime flats are the clawback subsidy...

Developers’ sales for the week of 30 Sep 2024 – 6 Oct 2024 were 207 units

The CCR accounted for 4.8% while the RCR and OCR made up 75.8% and 19.3% The respective top-selling projects is 32 Gilstead and One Bernam in the CCR , followed by Meyer Blue in the RCR and EC – Lumina Grand in the OCR Meyer Blue, a rare and unique product which is hard to come by, sold more than 50% on launch weekend In an area where there are only 2,053 completed non-landed units across 12...

Developers’ sales for the week of 23 Sep 2024 – 29 Sep 2024 were 105 units

The CCR accounted for 6.7% while the RCR and OCR made up 46.7% and 46.7% The respective top-selling projects is Cuscaden Reserve in the CCR , followed by Pinetree Hill in the RCR and Hillhaven in the OCR HDB offered a mixed-use site in Chencharu Close for tender under 2H 2024 GLS Programme With a gross floor area of more than 1 million sq ft, it will be the second largest mixed-use project in...

Developers’ sales for the week of 16 Sep 2024 – 22 Sep 2024 were 172 units

The respective top-selling projects is Cuscaden Reserve in the CCR , followed by 8@BT in the RCR and Hillock Green in the OCR 8@BT is the second project launch to exceed a 50% sales take up after the June holidays Historically demand for units in the Beauty World area has been robust with The Linq @ Beauty World and The Reserve Residences selling very well on the first day of launch Almost all...

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