As we approach the mid-year mark in 2023, we thought it would be appropriate to look back and see how the new launches have been doing. With the new cooling measures just announced recently, it certainly has dampened things, with some projects like Newport Residences having to push back their sales preview. Here’s how some of the bigger launches have been performing so far: Table Of Contents

• 26 per cent of The Continuum sold at launch
• 55 per cent sold at Tembusu Grand
• 63 per cent sold at Sceneca Residences
• 51 per cent sold at The Botany at Dairy Farm
• 38 per cent sold at Terra Hill
• 75 per cent sold at Blossoms by the Park
• Wider property market factors:
• 1. Fewer foreign investors
• 2. ABSD rates for second properties
• 3. Slew of launches in District 15
• 4. Impact of rising interest rates 
• 5. Potential end of the rental boom

26 per cent of The Continuum sold at launch At The Continuum, 216 of 816 units were sold over launch day; a weaker showing...