Happy Thursday! Here to highlight the developer sales figures for the month of Jan for you.
The property market received a boost in sales and confidence in January 2023. Developer sales jumped 130% to 391 units in January 2023 from 170 units in December 2022.
Sales in the Core Central Region (CCR) accounted for 158 units or 40.4% of total volume in January 2023. The Outside Central Region sales proportion made up 47.3% due to the launch of Sceneca Residence. The Rest of the Central Region rounded up the remaining 12.3%.
Terra Hill, a 270-unit freehold project along Yew Siang Road will be launched for sale in February. After Terra Hill, The Botany at Dairy Farm and Blossoms By The Park may be launched in March. This is likely to be followed by Tembusu Grand and The Continuum in April.
The increase in buyer stamp duty is unlikely to dent the attractiveness of Singapore’s residential properties in the eyes of buyers.
Let’s have a detailed chat and better understand your opportunities today!
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The Real Estate Hub Cindy Kew | R067569E | +65 97336818
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