Feb 2023 – New Private Home Sales Report

February 10, 2023July 11, 2023 Sg New Property

Check out the fresh figures on New Private Homes Monthly Sales! Good things must be shared so share the infographic with your teammates and clients!

New Private Home Unit Sales for February 2023
Property developers sold 470 units, including Executive Condominium (EC) units in Feb 2023. A majority of new sales were transacted in the CCR market at 47.2% despite a lack of new CCR launches. Luxury condominiums in the CCR market remains poised for growth as demand comes from a resilient base of locals and a bigger proportion of affluent foreigners. China’s re-opening is anticipated to drive a greater number of wealthy Asians onto our shore.

Best selling Properties for February 2023
The top three bestselling properties in all three market segments.
Pullman Residences Newton (38 units sold) in the CCR, Terra Hill (97 units sold) in the RCR and Tenet (24 units sold) in the OCR.

Upcoming Projects
There are five upcoming projects slated for launch. They are Newport Residences, Blossoms By The Park, Terra Hill, Tembusu Grand, The Continuum and The Reserve Residences.