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.

  1. 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.

Advertisements