{"id":113529,"date":"2020-01-10T17:44:50","date_gmt":"2020-01-10T10:44:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/city-developments-mcl-land-and-oxley-and-partners-post-high-2019-sales\/"},"modified":"2020-01-10T18:13:59","modified_gmt":"2020-01-10T11:13:59","slug":"city-developments-mcl-land-and-oxley-and-partners-post-high-2019-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/city-developments-mcl-land-and-oxley-and-partners-post-high-2019-sales\/","title":{"rendered":"City Developments, MCL Land and Oxley and Partners post high 2019 sales"},"content":{"rendered":"


\nOxley and Partners have cleared 50% of units across 11 projects. Photo: 1953 by Oxley
\nAccording to a chart by a DBS Bank, the top 10 developers by units have sold 13% to 50% of their total units as of Nov 2019, reported Singapore Business Review citing a DBS Bank report.
\nCity Developments had the largest percentage of units sold at 53%, with MCL Land (52%) and Oxley and Partners (50%) on its heels. These companies comprise the top three developers in terms of built units.
\nDBS chart showing the top 10 developers with the highest sell-through rate as of Nov 2019. Image: DBS
\nAllgreen and Guocoland, meanwhile, recorded low sell-through rates as of Q3 2019.
\nDevelopers are becoming more cautious towards land-banking and are now more focused on clearing their inventories.
\n\u201cWith the 5-year Additional Buyer Stamp Duty (ABSD) deadline to come from 2021 onwards, we anticipate a faster momentum for selective projects,\u201d said the report.
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…City Developments, MCL Land and Oxley and Partners post high 2019 sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Oxley and Partners have cleared 50% of units across 11 projects. Photo: 1953 by Oxley...<\/p>\n","protected":false},"author":1,"featured_media":113530,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-113529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2020\/01\/DBS-Sell-Through-Rate-2019.png?fit=843%2C550&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tx7","jetpack-related-posts":[{"id":77832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxley-now-holds-the-largest-residential-land-bank\/","url_meta":{"origin":113529,"position":0},"title":"Oxley now holds the largest residential land bank","date":"January 24, 2018","format":false,"excerpt":"\r After a flurry of overseas ventures, Oxley Holdings now holds the biggest residential land bank in Singapore by the number of dwelling units at almost 4,000 units, reported Business Times. This comes after the Singapore-listed developer acquired huge en bloc sites such as Rio Casa and Serangoon Ville via\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90384,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxley-leapfrogs-cdl-as-singapores-largest-developer\/","url_meta":{"origin":113529,"position":1},"title":"Oxley leapfrogs CDL as Singapore\u2019s largest developer","date":"June 4, 2018","format":false,"excerpt":"\r Oxley\u2019s executive chairman and CEO Ching Chiat Kwong. Oxley Holdings has surpassed City Developments Limited (CDL) as the city-state\u2019s biggest property developer in terms of the number of sellable homes, reported Singapore Business Review. In fact, Oxley and its joint venture partners are set to build more than 4,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83821,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxley-planning-up-to-7-spore-projects-for-rest-of-2018\/","url_meta":{"origin":113529,"position":2},"title":"Oxley planning up to 7 S\u2019pore projects for rest of 2018","date":"March 27, 2018","format":false,"excerpt":"\r Oxley\u2019s executive chairman and CEO Ching Chiat Kwong. Oxley Holdings plans to launch up to seven property projects in Singapore over the next nine months in a bid to take advantage of the ongoing recovery in the private housing market, according to an SGX filing on Monday (26 Mar).\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121772,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-mcl-land-secure-847-green-loan-for-two-residential-projects\/","url_meta":{"origin":113529,"position":3},"title":"CDL, MCL Land secure $847 green loan for two residential projects","date":"September 1, 2021","format":false,"excerpt":"\r CDL, MCL Land secure $847 green loan for two residential projectsA 4.5-year $429 million green loan, provided by loan advisor DBS Bank, will be used to finance the development at Northumberland Road. Photo: CDL City Developments Limited (CDL) and MCL Land have secured green loans amounting to $847 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/Northumberland-Road-GLS-site-crop.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":90534,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/over-170-units-sold-at-two-new-launches\/","url_meta":{"origin":113529,"position":4},"title":"Over 170 units sold at two new launches","date":"June 5, 2018","format":false,"excerpt":"\r Buyers balloting for units at Affinity at Serangoon. (Photo: Oxley Holdings) Two new project launches in the Serangoon area (District 19) reported more than 170 units sold during Phase 1 sales over the weekend. Affinity at Serangoon sold 112 of the 300 units released, while The Garden Residences moved\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74418,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxley-acquires-residential-units-for-21-53mil\/","url_meta":{"origin":113529,"position":5},"title":"Oxley acquires residential units for $21.53mil","date":"December 13, 2017","format":false,"excerpt":"\r Oxley Holdings, via its fully-owned subsidiary Oxley Topaz Pte. Ltd., has exercised the option to acquire eight residential units at 21 Meyappa Chettiar Road for\u00a0a total price of $21.53 million. Zoned for residential use, the freehold property has a land area of around 898.1 sq m. In an SGX\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113529"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=113529"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/113530"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}