Newsletter - Jan 2023

[Macro Market Updates]

Private property prices increased by 8.4% while Resale HDB prices increased by 10.4% for the whole of 2022. List of HDB Resale prices in different districts can be found on Page 6.

[New Launches]

First launch of the year - Sceneca Residence selling 60% on launch weekend, with a low conversion rate of 30%. Tenet EC reopens for second-timer and achieves 93.2% take-up rate.

List of Developments slated to launch in February - Terra Hill

The Botany at Dairy Farm

[Collective Sales]

First collective sale of the year - Bagnall Court sells for $1,106 psf ppr, future development to have 106-units. Mandarin Gardens relaunch collective sale attempt for $2.88 billion.

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