Singapore: There’s a total of 618 developer units transacted in January 2020, excluding executive condo. Though this figure doesn’t cross 4 digit mark, but surprisingly, this figure is the highest since 2013.
January sales normally slow down during the festive season of Christmas, New year and also Chinese New Year where most people are either overseas or in a festive mood. New launches often on hold and launch after only Chinese New Year. However this year, Van Holland, Leedon Green and The Avenir are the first to test the market as they launched in January of 2020. These 3 luxury projects sold 74 units collectively in this first month of launch.
TOP 10 Best Selling Condos for January 2020
|Project||Location||Units sold for the Month||Average PSF ($)|
|Treasure @ Tampines||Tampines||50||$1,371|
|Leedon Green||Bukit Timah||35||$2,782|
|The Avenir||River Valley||24||$3,245|
|Avenue South Residence||Outram||18||$2,028|
|View At Kismis||Upper Bukit Timah||16||$1,698|
Most of the sales were from city fringe (RCR) locations that accounted for 41.9% of the entire sales, followed by mass-market developments.
READ MORE: Full List of Property Launches in 2020