It’s said that, thanks to COVID, we’ve seen more market disruption in the past five years than in the past two decades. We don’t know how true that is for other asset classes, but we’ve certainly seen big disruptions to the property market. Certain “facts” that we once took for granted – such as two-bedders not being for own-stay use, or the CCR being for affluent foreigners – have all been turned on their head. In light of that, how have recently completed condos been affected, as the market around them pivoted? Let’s take a look at their performance to date:
- Clavon
Clavon is a leasehold, District 5 project with 640 units, completed in 2024. You can see the full review
here.
This is Clavon’s overall price movement since its launch date:
| Year |
Clavon average $PSF |
D5 average $PSF (only sub sale and resale tnx) |
| 2020 |
$1,646 |
$1,215 |
| 2021 |
$1,637 |
$1,348 |
| 2022 |
$1,696 |
$1,468 |
| 2023 |
$1,904 |
$1,637 |
| 2024 |
$2,031 |
$1,779 |
| 2025 (Up till June 2025) |
$2,063 |
$1,816 |
| Annualised |
4.62% |
8.37% |
...
