Parc Clematis, the best selling personal residential job in August, accounted for 28.17 percentage of those 1,122 units sold a month.
Situated at Jalan Empeng, the 99-year leasehold growth sold 316 units in a median cost of $1,615 per sq ft (psf), reported Singapore Business Review citing Colliers International.
A number of those previously established projects including The Florence Residences, Parc Botannia and Stirling Residences additionally moved units in a steady rate — welcome news for real estate developers amidst an uncertain industry.
More information about the developer of OLA Evia Gamuda.
“We notice that earnings velocity at a few of the previously established jobs has picked up rate,” Colliers stated in a notice.
“One reason for this might be that as new releases are present out there at regular prices within their specified localities, costs at earlier-launched jobs might begin to appear appealing for many buyers, that have opted to take the plunge after comparing costs between the various jobs”
Florence Residences emerged as the 2nd best-selling undertaking, together with 122 units sold at a median cost of 1,438 psf. It’s accompanied closely by phone at Tampines which offered 93 units, Parc Botannia (61 units), Parc Esta (47 units).
Colliers noticed that buyers normally stayed price-sensitive and value-discerning, opting for jobs near transportation links and costly at quantum.
“In August, 67% of the take-up had been in Exterior Central Region (OCR),” it added.