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Subscribe to this list via RSS Blog posts tagged in new launch

With fewer property launches in Singapore, private home sales decreased 69.3 per cent in August.

According to statistics published by the Urban Redevelopment Authority (URA), property developers managed to sell 495 new private homes in August; a reduction from July, when 1,611 units were sold.

These numbers exclude executive condominiums (ECs). With the sale of ECs included, 961 units were sold in August as compared to 2,106 units in July.

August saw the launch of 598 non-EC units, as compared to 1,468 in July. For numbers including EC units, 1,305 units were launched in August, a difference of more than 1,000 units compared to July’s launch of 2,623 units.

The sluggish market performance was also thought to be a result of developers focusing on launching units from existing projects.

These projects included High Park Residences in Fernvale, North Park Residences in Yishun, and Corals at Keppel Bay. The top three selling projects were High Park Residences, Botanique at Bartley and Adana @ Thomson.

Taken from iProperty

Tagged in: EC new launch property
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The mid-end segment of ECs rose from three each penny in December 2014 to 19 each penny a month back, according to OSK-DMG. The mass-business area enrolled the staying 81 each penny of the dispatches in January 2015.

There were 415 units (notwithstanding ECs) dispatched a month back, a 683 each penny month-on-month increase, as architects were reluctant to dispatch new units in the midst of the Christmas season.

First class part dispatches were lost in January 2015.

Taking following a week back's news on Hao Yuan Investment introducing the top offer of S$103.79 million for the EC range bundle at Woodland, the Housing & Development Board (HDB) regarded the site to Hao Yuan Investment.

The site is the last one of the three EC destinations under the Confirmed List of the Government Land Sales (GLS) Program for H2 2014.

The other two destinations are found at Sembawang Road and Anchorvale Crescent independently.

Taken from ST Property

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