Developers’ sales for the week of 16 Oct – 22 Oct 2023 were 52 units The CCR accounted for 17.3% while the RCR and OCR made up 42.3% and 40.4% The respective top-selling projects in the CCR are One Draycott, followed by The Reserve Residences in the RCR, and Lentor Hills Residences in the OCR There may be another 4 project launches with a total of 1,048 units in the last quarter of...
There was no major project launches in September 2023 hence pulling down monthly sales. 217 private residential units were sold in September 2023, 44.9% lower than in August 2023. Huttons estimates developer sales to be between 5,200 and 5,500 units in the first nine months of 2023. Hillock Green, J’den, Mattar Residences and Watten House are likely to be launched for sale in 4Q...
Despite the 5 months wait from the last BTO exercise in May 2023, there was no noticeable increase in demand for Oct 2023 BTO exercise. Whether it is a sign of slowing interest in BTO flats, more time is needed to make a conclusion as there was a policy change for Oct 2023 BTO exercise. The response can be described as under-whelming. As of 5pm on 10 Oct 2023, there were slightly more than 9,800...
Developers’ sales for the week of 2 Oct – 8 Oct 2023 were 54 units The CCR accounted for 22.2% while the RCR and OCR made up 35.2% and 42.6% The respective top-selling projects in the CCR are Klimt Cairnhill, followed by The Reserve Residences in the RCR, and Lentor Hills Residences in the OCR The URA proposed a change in plot ratio for quite a number of sites on 6 Oct The Bayshore and...
Developers’ sales for 25 Sep – 1 Oct 2023 were 55 units The CCR accounted for 27.3% while the RCR and OCR made up 32.7% and 40% The respective top-selling projects in the CCR are Pullman Residences Newton, followed by Grand Duman in the RCR, and EC – North Gaia and Lentor Hills Residences in the OCR The property market is shifting into a stable and sustainable mode after being in high...
Developers’ sales for the week of 18 Sep – 24 Sep 2023 were 63 units. The CCR accounted for 28.6% while the RCR and OCR made up 20.6% and 50.8%. The respective top-selling projects in the CCR are Midtown Modern and Pullman Residences Newton, followed by Grand Duman in the RCR, and EC – North Gaia in the OCR. It was business as usual after the end of the lunar seventh month. Without a...
Federal Open Market Committee (FOMC) - Click this link for clearer read. The latest insights from the recent Federal Open Market Committee (FOMC) meeting suggest that now is a prime time to consider entering into the real estate market. Here's are the reasons why: 1) Interest rates have remained stable, with indications of a more measured approach to future rate hikes. 2) Projections...
Developers’ sales for the week of 11 Sep – 17 Sep 2023 were 139 units The CCR accounted for 15.8 % while the RCR and OCR made up 7.9% and 76.3% The respective top-selling projects in the CCR are Pullman Residences Newton, followed by The Reserve Residences in the RCR, and EC - Altura in the OCR Altura is close to 90% sold after the second balloting Altura has seen very strong demand as...
Developers’ sales for the week of 4 Sep – 10 Sep 2023 were 30 units The CCR accounted for 26.7 % while the RCR and OCR made up 43.3% and 30% The respective top-selling projects in the CCR are Pullman Residences Newton, followed by Grand Dunman in the RCR, and Lentor Hills Residences in the OCR There will be 2 GLS tenders closing on 12 Sept – Lentor Central and Champions Way Despite...
Developers’ sales for the week of 28 Aug – 3 Sept 2023 were 41 units The CCR accounted for 34.1 % while the RCR and OCR made up 24.4% and 41.5% The respective top-selling projects in the CCR are Pullman Residences Newton, followed by The Landmark in the RCR, and Lentor Hills Residences, Pasir Ris 8 and The Myst in the OCR SLA announced changes to the Land Betterment Charges for Sept 2023...
