{"id":52343,"date":"2017-04-20T11:11:51","date_gmt":"2017-04-20T04:11:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/best-selling-projects-in-march\/"},"modified":"2017-04-20T11:21:19","modified_gmt":"2017-04-20T04:21:19","slug":"best-selling-projects-in-march","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/best-selling-projects-in-march\/","title":{"rendered":"Best-selling projects in March"},"content":{"rendered":"


\nClear skies for Singapore\u2019s private property market.
\n\u00a0
\nPrivate home sales here soared to its highest monthly level in March since June 2013 thanks to a more positive economic outlook, according to a report from Colliers International.
\n\u00a0
\nBased on data from the Urban Redevelopment Authority (URA), transaction volume soared 81.8 percent to 1,780 units in March from 979 units in February, and rocketed by 111.2 percent compared to the 843 units sold a year ago.
\n\u00a0
\nColliers revealed that one of the best performing projects last month is the 429-unit Park Place Residence, which sold all of the 217 launched units or 50 percent of the available flats within just a single day for between S$1,579 and S$2,184 psf.
\n\u00a0
\n\u201cThis is likely to be popular with investors as it is part of a major integrated project, which will feature a seven-storey retail mall and three office towers housing 10,000 workers which could provide rental catchment for the residences,\u201d said the property consultancy.
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\nDeveloped by Lendlease, the office and retail components in the mixed-use project are expected to be completed in 2018, followed by the residential units in 2019.
\n\u00a0
\nAnother project that recorded strong sales in March is Grandeur Park Residences, which also forms part of an integrated development. Located close to the Tanah Merah MRT station, the 720-unit project by Chip Eng Seng\u2019s CEL Residential Development moved 484 units or 67 percent of the total for S$970 psf to S$1,592 psf.
\n\u00a0
\nColliers attributes the stellar sales performance to its attractive pricing, despite being located in an area with plenty of available homes. Projects that received their Temporary Occupation Permit (TOP) there include The Glades with 726 units and the 784-unit Eco, which has so far sold 684 units and 734 units respectively.
\n\u00a0
\nEL Development\u2019s Parc Riviera also found buyers for another 163 units last month at a median price of S$1,246 psf. This has pushed the total take-up at the 752-unit project to 61 percent, including the 128 units sold during its launch.
\n\u00a0
\nSimilarly, two executive condominiums (ECs) posted healthy sales in March. iNz Residence, which offers internet-ready smart homes, sold 187 units at a median price of S$774 psf.
\n\u00a0
\nSingapore\u2019s biggest EC, Sol Acres, also achieved its highest monthly take-up since it was unveiled in August 2015 when 147 units were booked for between S$770 psf and S$800 psf last month.
\n\u00a0
\nThis article was edited by Denise Djong.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Best-selling projects in March<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Clear skies for Singapore\u2019s private property market. \u00a0 Private home sales here soared to its...<\/p>\n","protected":false},"author":1,"featured_media":0,"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-52343","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-dCf","jetpack-related-posts":[{"id":110877,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parc-clematis-accounted-for-28-17-of-augusts-sales\/","url_meta":{"origin":52343,"position":0},"title":"Parc Clematis accounted for 28.17% of August\u2019s sales","date":"September 18, 2019","format":false,"excerpt":"\r According to reports, buyers generally remained price-sensitive and value-discerning, opting for projects near transport links and priced at affordable quantum. Parc Clematis, the top selling private residential project in August, accounted for 28.17 percent of the 1,122 units sold last month. Located at Jalan Empeng, the 99-year leasehold development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-soared-in-2017\/","url_meta":{"origin":52343,"position":1},"title":"Residential investment sales soared in 2017","date":"February 7, 2018","format":false,"excerpt":"\r Singapore investment sales surged by 119 percent to $21.7 billion for the whole of 2017. Residential investment sales in Singapore rose sharply by 184 percent year-on-year to $8.3 billion last quarter and surged by 119 percent to $21.7 billion for the whole of 2017, according to a new report\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117830,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-soar-104-9-in-june-2020\/","url_meta":{"origin":52343,"position":2},"title":"New private home sales soar 104.9% in June 2020","date":"July 16, 2020","format":false,"excerpt":"\r New private home sales surged after the lifting of the circuit breaker measures. Photo: Treasure at Tampines was the best-selling project in June.\u00a0 Sales of new private homes in Singapore more than doubled in June from May, hitting the highest monthly sales since November 2019 and the highest June\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114946,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-in-february-soar-114-3-year-on-year-despite-virus-outbreak\/","url_meta":{"origin":52343,"position":3},"title":"New private home sales in february soar 114.3% year-on-year despite virus outbreak","date":"March 17, 2020","format":false,"excerpt":"\r The M, a new launch in February, accounted for the bulk of new sales volume at 39%, or 380 units.\u00a0 Despite the COVID-19 outbreak and the Lunar New Year lull, new private home sales in Singapore soared 114.3% to 975 units in February from 455 units over the same\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52167,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-sales-soared-81-8-in-march\/","url_meta":{"origin":52343,"position":4},"title":"Private home sales soared 81.8% in March","date":"April 18, 2017","format":false,"excerpt":"\r New private homes saw stronger sales since Total Debt Servicing Ratio was introduced. \u00a0 Developers saw new private home sales soar 81.8 percent to 1,780 units in March from 979 units in February. \u00a0 On an annual basis, private home sales surged 111.2 percent from the 843 units sold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111632,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-home-sales-hit-a-14-month-high-in-september\/","url_meta":{"origin":52343,"position":5},"title":"New home sales hit a 14-month high in September","date":"October 16, 2019","format":false,"excerpt":"\r Developers sold 1,270 private homes in September, driven by several new launches, including Avenue South Residence, which sold 361 units.\u00a0 \u00a0\u00a0 With developers revving up launches following the Hungry Ghost month, new private home sales in Singapore soared to its highest level in September since July 2018. Urban Redevelopment\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\/52343"}],"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=52343"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52343\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=52343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=52343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=52343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}