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Newsletter - January 2024

[MARKET OUTLOOK]

Upcoming TOP supply of Private Residential properties to decrease by 48.2% in 2024

Downtrend in private home transactions, but prices expected to grow by 3-5% in 2024

Estimated 23 new projects to launch, totalling 8,800 units

HDB Resale prices expected to continue to increase, albeit moderately


[NEW LAUNCHES]

29.7% sold at The Arcady at Boon Keng

17.3% sold at Hillhaven

53% sold at Lumina Grand (EC)


[GLS]

Marina Gardens Crescent GLS sold to Guocoland, Hong Leong and TID

Media Circle GLS sold to Qingjian and Forsea Holdings




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