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24-12-21, 10:18
Ten hottest launches in 2021
EdgeProp Singapore
December 23, 2021
SINGAPORE (EDGEPROP) - New project launches in the Core Central Region (CCR) stood out for their stellar performance this year. Investors snapped up units in projects in the CCR such as Irwell Hill Residences, Midtown Modern and Jervois Mansion, which ranked among the Top 10 launches according to percentage sales.
“Ultra-luxury projects such as Park Nova and Les Maisons Nassim sold units at benchmark prices,” says Lee Sze Teck, Huttons Asia head of research.
The 54-unit Park Nova sold 32 units (59%) at a median price of $4,844 psf while Les Maisons Nassim sold three units at a median price of $5,930 psf, one of which was the super penthouse which fetched a new record of $75 million or $6,210 psf, says Tricia Song, CBRE head of research for Southeast Asia. On the other hand, Jervois Mansion, which sold all 101 out of 130 units released, was well-received due to its attractive price point (average price of $2,578 psf).
https://i.imgur.com/iSiDnbv.jpg
Read more at: https://www.edgeprop.sg/property-news/ten-hottest-launches-2021
EdgeProp Singapore
December 23, 2021
SINGAPORE (EDGEPROP) - New project launches in the Core Central Region (CCR) stood out for their stellar performance this year. Investors snapped up units in projects in the CCR such as Irwell Hill Residences, Midtown Modern and Jervois Mansion, which ranked among the Top 10 launches according to percentage sales.
“Ultra-luxury projects such as Park Nova and Les Maisons Nassim sold units at benchmark prices,” says Lee Sze Teck, Huttons Asia head of research.
The 54-unit Park Nova sold 32 units (59%) at a median price of $4,844 psf while Les Maisons Nassim sold three units at a median price of $5,930 psf, one of which was the super penthouse which fetched a new record of $75 million or $6,210 psf, says Tricia Song, CBRE head of research for Southeast Asia. On the other hand, Jervois Mansion, which sold all 101 out of 130 units released, was well-received due to its attractive price point (average price of $2,578 psf).
https://i.imgur.com/iSiDnbv.jpg
Read more at: https://www.edgeprop.sg/property-news/ten-hottest-launches-2021