Condo Belle

According to a new report by OrangeTee Research & Analytics, private resale home prices in 3Q2024 remained stable despite the high-interest rate environment. Data from Urban Redevelopment Authority (URA) showed that the average resale prices for landed and non-landed private residential homes, excluding executive condos (ECs), stayed the same at $1,713 psf from 2Q2024 to 3Q2024. However, there were fluctuations in average resale prices within different regions.

In the Core Central Region (CCR), average resale prices increased by 1.6% from $2,145 psf in 2Q2024 to $2,181 psf in 3Q2024. This partially reversed the 3.6% drop seen in the previous quarter. …

Chinese developer Kingsford Group achieved a remarkable 76% sales rate, selling 696 out of 916 units at Chuan Park on Sunday, Nov 10. The average price of units sold was around $2,579 psf, according to a spokesperson from Kingsford.Four different unit types were available for purchase, ranging from two-bedroom, two-bedroom+study, three-to-five-bedroom units, says the spokesperson for Kingsford. Singaporean buyers made up the majority of homebuyers, comprising of 93% of the total number of buyers, while permanent residents and foreigners accounted for the remaining 7%. The most popular unit types sold were two- and three-bedroom units, making up about 92% of …