Property Update

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...

Developers’ sales for the week of 5 Jun – 11 Jun 2023 were 66 units

Developers’ sales for the week of 5 Jun – 11 Jun 2023 were 66 units The CCR accounted for 37.9% while the RCR and OCR made up 51.5% and 10.6% The top-selling project in the CCR was Leedon Green, One Bernam, Pullman Residences and The Atelier The Reserve Residences was the top-selling project in the RCR while North Gaia topped the chart in the OCR A rezoning of a parcel of land along...

Developers’ sales for the week of 29 May 2023 – 04 Jun 2023 were 120 units

Developers’ sales for the week of 29 May 2023 – 04 Jun 2023 were 120 units The CCR accounted for 33.3% while the RCR and OCR made up 58.3% and 8.3% The top-selling project in the CCR was Van Holland, followed by The Reserve Residences in the RCR and EC - Tenet and The Botany at Dairy Farm in the OCR Despite the long weekend, buying activities remained brisk Van Holland is full sold with...

Developers’ sales for the week of 22 May – 28 May 2023 were 601 units

Developers’ sales for the week of 22 May – 28 May 2023 were 601 units The CCR accounted for 5.8% while the RCR and OCR made up 91.4% and 2.8% The top-selling project in the CCR was The Atelier, followed by The Reserve Residences in the RCR, and The Botany at Dairy Farm in the OCR The Reserve Residences sold 520 units on the first weekend In terms of the number of units sold, it is the...

Developers’ sales for the week of 15 May – 21 May 2023 were 55 units

Developers’ sales for the week of 15 May – 21 May 2023 were 55 units The CCR accounted for 54.5% while the RCR and OCR made up 36.4% and 9.1% The top-selling project in the CCR was Midtown Modern, followed by The Landmark in the RCR and Lentor Modern and The Botany at Dairy Farm in the OCR The Reserve Residences will be launch for sale on May 27 It will be the only integrated transport...

Developers’ sales for the week of 8 May – 14 May 2023 were 62 units

Developers’ sales for the week of 8 May – 14 May 2023 were 62 units The CCR accounted for 44.6% while the RCR and OCR made up 41.1% and 14.3% The top-selling project in the CCR was One Holland Village Residences, followed by The Continuum and The Landmark in the RCR, and EC - North Gaia in the OCR Developer’s sales in Apr 2023 jumped 80.3% month-on-month to 887 units The two major...

Developers’ sales for the week of 1 May – 7 May 2023 were 282 units

Developers’ sales for the week of 1 May – 7 May 2023 were 282 units The CCR accounted for 13.1% while the RCR and OCR made up 82.6% and 4.3% The top-selling project in the CCR was The Atelier, followed by The Continuum in the RCR, and Baywind Residences in the OCR Considering the recent cooling measures and cloudy economic outlook, The Continuum had a strong showing, selling more than 25%...

This is a good video worth investing some time to watch. The main topic is about enbloc but other good pointers are brought up, giving us deeper understanding of the Singapore real estate market.

https://www.youtube.com/watch?v=Df9YRX25Eyo This is a good video worth investing some time to watch. The main topic is about enbloc but other good pointers are brought up, giving us deeper understanding of the Singapore real estate market. Here are my key points from the video: 1) Singapore has close to 90% home ownership, which is unique compared to other countries where it is around...

The Singapore government’s recent doubling of the Additional Buyer’s Stamp Duty (ABSD)…..

The Singapore government's recent doubling of the Additional Buyer’s Stamp Duty (ABSD) for foreign buyers and the slight bump in rates for Singaporeans and permanent residents (PRs) aims to slow the inflow of capital into the housing market and curb rising prices, which have been growing for 12 consecutive quarters. This move could have two effects on the market: developers may reconfigure project...

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