New Private Home Unit Sales for December 2022
Property developers sold 638 units, including Executive Condominium (EC) units in Dec 2022. On a month-on-month basis, number of units sold (including EC) rose by 43%. This is due to the launch of Tenet EC in Dec 2022. However, excluding EC units, property developers only sold 170 units in Dec 2022 which was a month-on-month decline. This could be attributed to the year-end lull period and buyers looking forward to upcoming new launches in 2023.
Bestselling Properties for December 2022
The top three bestselling properties are Tenet (451 units sold), followed by Riviere (14 units sold) and The Landmark (14 units sold). Leedon Green and Perfect Ten came in as close contenders with 11 and 10 units sold respectively.
Upcoming Projects
There are three upcoming projects slated for launch. They are The Botany At Dairy Farm, Terra Hill and Blossoms By The Park. The Botany At Dairy Farm is located in the OCR. Terra Hill and Blossoms By The Park are located in the RCR. These projects are anticipated to fetch interest from homebuyers.