Buyers can’t seem to catch a break in 2021. Just when they’d hoped a return to Phase II might slow the pace, the opposite has happened: transaction volumes and prices have started to creep up. For those waiting in the wings, the “wait-and-see” approach may not pay off after all. Here’s a rundown of the top selling new launches, where you should probably make your move sooner:
| Project |
Apr-21 |
May-21 |
Jun-21 |
Total Units Sold |
Current Take-Up Rate |
| IRWELL HILL RESIDENCES |
315 |
15 |
11 |
341 |
64% |
| PROVENCE RESIDENCE |
0 |
229 |
20 |
249 |
68% |
| NORMANTON PARK |
81 |
53 |
62 |
196 |
56% |
| TREASURE AT TAMPINES |
49 |
65 |
80 |
194 |
93% |
| ONE-NORTH EDEN |
141 |
8 |
8 |
157 |
94% |
| THE FLORENCE RESIDENCES |
34 |
37 |
47 |
118 |
80% |
| MIDWOOD |
23 |
42 |
46 |
111 |
62% |
| PARC CENTRAL RESIDENCES |
37 |
45 |
24 |
106 |
91% |
| AVENUE SOUTH RESIDENCE |
30 |
26 |
36 |
92 |
74% |
| OLA |
23 |
36 |
29 |
88 |
69% |
#1. Irwell Hill Residences
Sales: 341 from April to June 2021
Location: Irwell Hill (District 09)
Developer: City Development Limited
Lease: 99-years
TOP: 2026
Last known prices:
Source: Square Foot Research
Current prices indicate a price range of $2,460 to $4,123 psf (see above regarding the large discrepancy), and an average price of $2,643 psf.
For the sharp-eyed among you that have noticed the high $4,123 psf number, this was due to the $9 million penthouse being sold in April....
