The majority of units sold were from OCR as OCR has recently launched two projects.
Despite a slight drop in the sales rate for the month, we believe that sales will pick up in the coming months as more new condominiums enter the market.
The top five best sellers were Sceneca Residence (157 units sold), followed by Tenet (145 units sold) and Leedon Green (21 units sold). 17 and 13 units sold at Klimt Cairnhill and Riviere respectively were evenly matched contenders.
There are five upcoming projects. They are The Botany At Dairy Farm, Blossoms By The Park, Terra Hill, Tembusu Grand and The Continuum.
Sceneca residences is a new development that opened in January this year and is located in the east of Singapore, connected to the Tanah Merah MRT station, with residential units upstairs and retail and hypermarkets downstairs.
The main focus of this project is on mixed-use development, with convenient living and easy owner-occupation and rental. It has sold 60% of its opening units, with the smaller units already sold out and mainly 3-bedroom units remaining.
Tenet is the only government condominium EC in Tampines, 2022-2023 in the whole of Northeast China, and with the overall rise in property prices, EC is very popular with buyers for its low total price and large space.
Tenet is close to the future Tampines North Station on the Cross Island Line and is located in the established town of Tampines, with many shopping centres, educational institutions and entertainment venues nearby.
Currently 97% sold, the remaining units are 3 and 5 bedrooms. The remaining units are 3 and 5 bedrooms. The price of 3 bedrooms is $1,130,000 and the price of 5 bedrooms is $2,120,000.
Leedon Green is located in the heart of Post 10, with a freehold plus an oversized area of 30,000 square metres, a paradise garden design, Nanyang Primary School within one kilometre (5 of them), walking distance to Flora Road MRT station, and the prestigious address of "leedon heights".
Only the lower floors of the larger units are currently available, while some of the smaller units are still on sale.
Klimt Cairnhill is located in the heart of Post 9, freehold, famous via Jubilee Road, a few minutes walk to Orchard Road, 6 minutes from Newton MRT station, ACS junior within one kilometre, only 138 units.
One of the few freehold large flat units in Orchard Road, with 4-bedroom units upwards of 2,000 sq ft and larger than average 2 plus study to meet buyers' needs for a sense of space, and currently the only freehold large flat in Orchard Road. The promotion brings the price to 3,197 sq ft, a direct reduction of 9.5% in price point.
The launch of the new policy has even triggered a rush to buy this property recently.
Riviere is located in a very attractive location along the Singapore River and is developed by Frasers Property, the renowned Star & Lion Group, which not only develops residential properties but also has a number of well-known shopping malls and hotels. The project has been developed to reflect the duality of tradition and modernity, blending the history and future of the Singapore River to create a new lifestyle. It is very popular with the younger generation of buyers.
The extra-large units at Shui Nga Court are very popular and exceed public expectations, and there are also large three-bedroom high-rise units with private lifts that enjoy 270-degree views of the Singapore River.
Shui Nga Court has now been handed over and is available for viewing of existing units and turnkey. After the launch of the new policy, the developer is giving promotions of 8,000 and 15,000 for one-bedroom and three-bedroom units respectively.
