Developers’ sales for the week of 19 Aug to 25 Aug 2024 were 58 unit The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Tembusu Grand in the RCR and Hillock Green in the OCR The Government announced cooling measures on the HDB market by lowering the Loan-to-Value limit for HDB loans to 75%, similar to a bank loan for a HDB flat In the near term, the resale demand...
https://www.straitstimes.com/business/economy/powell-says-time-has-come-for-fed-to-cut-interest-rates With interest rates set to reduce, we’re expecting more movement in the market. Sharing my observations from past experiences: 1) Lower interest rates will attract more people to divert their savings to other investment alternatives. 2) Banks will be more competitively readjusting their...
Developers’ sales for the week of 12 Aug 2024 – 18 Aug 2024 were 56 units The CCR accounted for 23.2% while the RCR and OCR made up 30.4% and 46.4% The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Tembusu Grand in the RCR and Lentoria in the OCR The resumption of project launches after the June school holidays propelled developers’ sales by 2.5 times to 571...
Developers’ sales for the week of 5 Aug 2024 – 11 Aug 2024 were 37 units The CCR accounted for 10.8% while the RCR and OCR made up 35.1% and 54.1% The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Tembusu Grand in the RCR and EC – North Gaia in the OCR The luxury non-landed homes market (new and resale) saw steady demand from buyers in 2Q 2024 Based on...
Developers’ sales for the week of 29 July 2024 – 4 Aug 2024 were 84 units The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Grand Dunman in the RCR and Hillhaven and Lentoria in the OCR Two GLS tenders at Margaret Drive and Jalan Loyang Besar (EC) closed on 1 Aug with Margaret Drive getting a top bid of $1,154 psf ppr and Jalan Loyang Besar (EC) $729 psf...
Developers’ sales for the week of 22 July 2024 28 July 2024 were 107 units The CCR accounted for 13.1% while the RCR and OCR made up 25.2% and 61.7% The respective top-selling projects in the CCR is Hill House, followed by Grand Dunman in the RCR and Hillhaven in the OCR The private residential market was stable in the second quarter of 2024, supported by an increase in...
Kassia achieve an outstanding results with more than 50% sold on first day launch. This is a stark difference comparing with Sora which sold around 25% on its first day launch. The sales performance is expected as many of the units are priced very attractively for a freehold project in today’s market. Despite its location, buyers & investors saw the low price entry as a good buffer for...
Developers’ sales for the week of 15 July 2024 – 21 July 2024 were 211 units The CCR accounted for 1.9% while the RCR and OCR made up 10.4% and 87.7% The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Tembusu Grand in the RCR and Kassia in the OCR Kassia, the last freehold project in the Flora Drive private residential enclave sold 144 units, a take-up of 52.2%...
Developers’ sales for the week of 8 July 2024 – 14 July 2024 were 67 units The respective top-selling projects in the CCR is Cuscaden Reserve, followed by The Continuum and The Landmark in the RCR and The Lakegarden Residences in the OCR Despite the absence of launches in June 2024 due to the school holidays, developers’ sales were resilient Developers sold 228 units in June 2024, 2.2%...
Developers’ sales for the week of 1 July 2024 – 7 July 2024 were 199 units The CCR accounted for 4.0% while the RCR and OCR made up 7.5% and 88.4% The respective top-selling projects in the CCR is Cuscaden Reserve, followed by The Continuum in the RCR and Sora in the OCR Sora, the largest new launch in Jurong Lake District, sold 102 units on launch weekend The appeal of having a...
