Mega developments saw solid demand in the past two years, from Normanton Park to Parc Clematis and Treasure at Tampines. In fact, if you are looking to buy such a unit today, you’d find slim pickings as most of the mega developments are quite close to fully selling out. Just as an example, the largest condo in Singapore, Treasure at Tampines is currently at a 98 per cent take-up rate. It’s certainly an impressive figure given it has a massive 2,203 units. However, an ongoing worry about mega developments is the potential for competition: with so many units in the same development, will there be a price war when it comes time to sell or find tenants? We took a look at some mega developments (1,000+ units) over the past, and here’s what we found: The commonly accepted theory regarding mega developments...