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Awarded the first Top Industrial Property title at the EdgeProp Singapore Excellence Awards (EPEA) 2024 is Tai Seng Exchange (TSX), a development by domestic integrated property developer Soilbuild Group Holdings.
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Based on URA statistics issued on Nov 15, developers sold 738 new private houses last month—excluding executive condominiums (ECs). It shows a 262% y-o-y rise from the 204 apartments sold in October 2023 and an 84% m-o-m rise from the 401 units traded in September.
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November is a hertic month as developers line up their development to launch in the first 2 weeks of November namely: The Collective at One Sophia, Union Square Residences, Emerald of Katong, Chuan Park, Nava Grove and Novo Place EC.
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Property developers and real estate agents had a hectic Deepavali holiday. According to Sim Lian Group, Emerald of Katong drew more than 10,000 guests over three days following Friday, Nov 1. Nov 16 is the launching date.
Read MoreDespite a drop in caveated transactions, interest in the shophouses was strong in 3Q2024, according to most recent quarterly shophouse market analysis released on Nov 12.
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