Huttons’ comments on July 2021 developer’s sales

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Developers launched 1,104 units and sold 1,589 units in July 2021. Sales in July 2021 was 82.2% higher than June 2021 and 46.7% higher than a year ago. This is the second highest monthly sales in 2021 and is only 2.7% lower than January 2021. However in January 2021, there were two major launches compared to one in July 2021.

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[/vc_column_text][vc_empty_space height=”8px”][vc_column_text]49.6% of the transactions in June are priced below $1.5 million, 28.9% are between $1.5 million to $2 million and 21.5% above $2 million. The average price paid for a unit in July was $1.7 million. 86.3% of purchases are by Singaporeans with PRs and foreigners making up 9.4% and 4.2%, respectively.[/vc_column_text][vc_column_text]

Know More : Mega Development Launch in 2021  – Normanton Park

 

[/vc_column_text][vc_empty_space height=”8px”][vc_column_text]There were considerably more purchases by Singaporeans in July (86.3%) compared to June (81.8%). This is probably due to the launch of Pasir Ris 8 which is located in the Outside Central Region where the demand is predominantly HDB upgraders. There are more than 6,000 flats in Pasir Ris and Tampines which were completed from 2014 to 2016 and has met the 5-year minimum occupation period thus eligible to upgrade.[/vc_column_text][vc_column_text]

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[/vc_column_text][vc_empty_space height=”8px”][vc_column_text]Table 1: Purchases by Residential Status and Price Range in July[/vc_column_text][vc_single_image image=”14883″ img_size=”full” add_caption=”yes” alignment=”center”][vc_column_text]

Watch out for this Launch – Fully Integrated Development Pasir Ris 8

[/vc_column_text][vc_empty_space height=”8px”][vc_column_text]Table 2: Purchases by Residential Status and Price Range in June[/vc_column_text][vc_single_image image=”14539″ img_size=”full” add_caption=”yes” alignment=”center”][vc_column_text]

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[/vc_column_text][vc_empty_space height=”8px”][vc_column_text]Seven of the top 10 best-selling projects in July are in the Outside Central Region (OCR). The OCR accounted for 63.7% of the total sales in July. Being the first OCR launch in 2021, Pasir Ris 8 saw overwhelming demand and sold more than 85% of its units.[/vc_column_text][vc_column_text]

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[/vc_column_text][vc_empty_space height=”8px”][vc_column_text]The top ten private residential projects for July 2021 are:[/vc_column_text][vc_single_image image=”14884″ img_size=”full” add_caption=”yes” alignment=”center”][vc_column_text]

Take a look at – Clavon Condo @ Clementi, Mega Development in 2021

[/vc_column_text][vc_empty_space height=”8px”][vc_column_text]On the back of the successful launch of Pasir Ris 8, there was spillover demand to other integrated projects and projects even outside the vicinity. Based on caveats, 445 units were sold from July 25 to July 31, much higher than sales in the first two weeks of July where 404 units were transacted. A sample of ten projects showed that their sales in July doubled from June on average.[/vc_column_text][vc_single_image image=”14885″ img_size=”full” add_caption=”yes” alignment=”center”][vc_column_text]Despite the lunar seventh month in August, developers are likely to push ahead with their launch to ride on the positive momentum. The Watergardens at Canberra and Klimt Cairnhill will open for preview sales in August. August is likely to be another month where developer’s sales cross the 1000-unit mark. This will whittle down the unsold stock in the market to even lower levels setting the stage for sustained price growth in the months ahead.[/vc_column_text][/vc_column][/vc_row]

Happy 56th Birthday to Singapore!

[vc_row][vc_column][vc_single_image image=”14800″ img_size=”full” alignment=”center”][vc_empty_space][vc_column_text]Wishing everyone a Happy National Day. Let’s all stay safe while celebrating the holiday. Majulah Singapura![/vc_column_text][vc_column_text]

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#HuttonsGroup #TheAgencyOfChoice #OneUnitedHuttons #NationalDay #MajulahSingapura #Propertyfactsheet #SingaporePropertyAdvisors

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Know More : Mega Development Launch in 2021  – Normanton Park

 

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Qu Yuan lived during the time of China‘s first feudal dynasties and supported the decision to fight against the powerful state. Though his actions led to his exile, he wrote in order to show his love for the country. Legend has it that Qu Yuan felt such remorse after the capture of his country’s capital that, after finishing his final poem, he waded into the Mi Lo River in today’s Hunan province as a form of protest and despair to the corruption surrounding him.

Upon hearing news of this tragic attempt, villagers took boats and carried dumplings to the middle of the river to try and save Qu Yuan, but their efforts were in vain. They turned to beating drums, splashing water with their paddles and throwing the rice dumplings into the water – serving as both an offering to Qu Yuan’s spirit, as well as a means to keep the fish and evil spirits away from his body. These rice dumplings became the zongzi we know today, while the search for Qu Yuan’s body became the intense dragon boat races.

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[/vc_column_text][vc_column_text]Now, dragon boat races and other activities are held annually during this festive time. Thousands of competitors and supporters attend the various race days to take part in the festivities, parades and entertainment events.

The canoes take the form of a traditional Chinese dragon, often painted in fierce vibrant colors that are reminiscent of the old war canoes. The team on board will work together to steer the boat to the finish line as fast as possible, while a member sits at the front and beats a drum to maintain morale and ensure the rowers keep pace and time.[/vc_column_text][vc_empty_space height=”8px”][vc_column_text]

Watch out for this Launch – Fully Integrated Development Pasir Ris 8

[/vc_column_text][vc_column_text]Wishing you a Happy Dragon Boat Festival 🙂 [/vc_column_text][vc_empty_space height=”8px”][vc_column_text]

Read About : Ki Residences at Sunset Way by Hoi Hup

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Read Also Prime location Staying at Fourth Avenue Residences

[/vc_column_text][vc_column_text]A comparison between Circuit Breaker and Current Restrictions[/vc_column_text][vc_empty_space height=”8px”][vc_single_image image=”13431″ img_size=”full” add_caption=”yes” alignment=”center”][vc_column_text]

Take a look at – Clavon Condo @ Clementi, Mega Development in 2021

[/vc_column_text][vc_column_text]In July, there may be up to five launches – Klimt Cairnhill, Pasir Ris 8, Perfect Ten, The Watergardens at Canberra and Parc Greenwich (EC). Assuming that all goes well and activities return to Phase Three, sales activities will be back to its normal trajectory of 800 to 1,000 units per month.[/vc_column_text][vc_column_text]Launches in 2H 2021[/vc_column_text][vc_single_image image=”13432″ img_size=”full” add_caption=”yes” alignment=”center”][/vc_column][/vc_row]

Investment Opportunities during Rising Market in the Central Region 升温市场核心区域的投资良机

[vc_row][vc_column][vc_single_image image=”14763″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]“新加波房市下半年展望和机遇”

发言者 ：孙谨 和 黄俊立

日期 : 8月11日（星期三）
时间 : 晚上8点至9点
地点 : 回复来索取 ZOOM Link 和 Password[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

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[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”13707″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_cta h2=”有兴趣吗 ?” add_button=”right” btn_title=”Register Now” btn_color=”pink” btn_el_class=”ncf_trigger_element”]点击来联系[/vc_cta][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Know More : Mega Development Launch in 2021  – Normanton Park

 

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]合登华享即将举办线上研讨会，本次活动将探讨核心区域的情况，以及有哪些投资良机。[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

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有意参与这项活动的贵宾请与我联系，以便为您做登记。由于主办方使用Zoom平台，贵宾须登录此软件方可参与。

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Watch out for this Launch – Fully Integrated Development Pasir Ris 8

[/vc_column_text][/vc_column][/vc_row][vc_row disable_element=”yes”][vc_column][vc_column_text]Feature Project :

Pasir Ris 8

• 🎥 A Mega Blockbuster Launch Previewing Soon!

• 🌇 The 1st Fully Integrated Development in Pasir Ris!

• 🌆 Offering the Best of Both Worlds in Convenience & Connectivity

• ⭐You’ll be hard-pressed to find anything else that’s superior!⭐

More Information at https://www.propertyfactsheet.com/properties/pasir-ris-8/[/vc_column_text][/vc_column][/vc_row]