Tag Archives: The Panorama

Where are buyers searching

Posted on 1 Jun 2015 | Comments Off on Where are buyers searching

As part of plans to keep our readers better informed of what’s ‘hot’ in the property market, we provide an update of the most searched properties from the PropertyGuru website in the past week, as well as popular buying locations in Singapore.

The most searched private condominium project was The Interlace, which overtakes Sky Habitat which had topped the list previously for two weeks straight. The 99-year leasehold condo at Depot Road in District 3 is already completed. A Credit Suisse report in May noted that seven apartments were sold at the project in Q1 2015, but there are still 162 unsold units.

The 480-unit Westwood Residences at Jurong West in District 22 remains as the top searched executive condominium (EC) for sale. The project’s popularity could be attributed to its bicycle theme, which differentiates it from other condos and ECs.

The Jurong area has also been attracting a lot of attention with recent news of positive developments such as the future Singapore-Kuala Lumpur high speed rail terminus being built on the current site of Jurong Country Club.

Meanwhile, Sengkang (D19) is still the most searched HDB estate for sale and is now considered a self-contained estate. Residents are within walking distance to several shopping malls and neighbourhood schools.

Happy house hunting!

Top 5 condos for sale

1. The Interlace
2. Sky Habitat
3. The Panorama
4. Botanique at Bartley
5. Kingsford Waterbay

Top 5 ECs for sale

1. Westwood Residences
2. Bellewoods
3. Bellewaters
4. Skypark Residences
5. Sea Horizon

Top 5 HDB estates for sale

1. Sengkang
2. Jurong West
3. Woodlands
4. Tampines
5. Hougang

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Outside Central Region (OCR) units most sought after in August

Posted on 18 Sep 2014 | Comments Off on Outside Central Region (OCR) units most sought after in August

Sales in the Outside Central Region (OCR) made the greatest contribution to new home sales in August, according to an OrangeTee report.

Sales in the OCR totalled 223 units making up 51.6 percent, while sales in Core Central Region (CCR) went down to 44 units and the Rest of Central Region (RCR) also dipped to 165 units, translating to 10.2 percent and 38.2 percent respectively.

“In August, the aggregate number of sales eased 42.9 percent, compared with the same period of last year.”

The report also noted the bestselling project in August was The Panorama , which sold 40 units out of 54 units launched at a median price of $ 1,249 psf.

Best-selling projects in August 2014

Located at Ang Mo Kio, the 698-unit residential project is developed by Wheelock Properties Singapore and will be ready in 2019. The project is near CHIJ St Nicholas’ Girls School and is a short walk away from the upcoming Mayflower MRT station on the Thomson-East Coast Line.

Coco Palms in Pasir Ris was in second place, selling 23 units out of 30 units launched at a median price of $1,046 psf. “Noticeably, this development has seen quite decent monthly sales so far this year,” the report added.

The 944-unit project by City Developments Limited is slated to be ready in 2019.

Image source: thepanorama.org

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