New private home sales spiked last month owing to a strong showing at one condo launch, but sale number are likey to be muted over the next few months
.Developers sold 1,594 new private homes in July, more than four times the 375 homes sold in June.These were the highest sales posted since June 2013, when 1,806 new private homes were sold.
July's new launch, High Park Residences in Fernvale Road, was the star performer. It sold 1,169 units at a median price of $989 per sq ft.
Mr Desmond Sim, CBRE research head for Singapore and South-east Asia, noted that the project has ridden on "quantum play", where small-sized units have made individual unit prices palatable.
will be the hottest Condo at Westwood Avenue
, Developed by GKoh Brothers Group Limited & Heeton Holdings Limited. This 99 years leasehold development has a total site area of approximately 187,200 square feet.
- Only EC within a private landed estate. No other EC in the market can offer that!
- Get to enjoy all the upside of JLD but yet go home to tranquil living away from hustle & bustle
- Only 480 units, very good sized development (not too big or small)
- Very limited supply, only the 2nd EC in Jurong over the last 15 YEARS!