This is a continuation of Part 1.
At the end of Part 1, a total of 10 districts from the bottom of the list were covered. Interestingly, all 10 districts have a negative $psf growth in terms of transactions covered in 2020. 10 more districts will be covered in this blog post.
- District 18 (Pasir Ris, Simei, Tampines)
Looks like the trend continues with D18. The r coefficient of the trend line is -0.03. In the earlier analysis I done on private condominium in May this year, D18 is within the top 3 districts with the highest $psf growth for the past 3 years. Seems like the new launches (Treasure at Tampines, The Tapestry) did not contribute much in terms of the $psf growth this year.
The average price transacted ($psf) for private properties in this district in 2020 is $1239.
Below is the list of the top few projects in this district with their corresponding volume of transactions in 2020.