Some Private home launches may spill over to 2014 Those who wait may have good things coming to them. New property launches will be back in full force starting end October as developers release units following pent-up supply. A total of 18, 157 units are expected to be 2013′s tally. That is still much lesser that the 21, 657 units launched in 2012. Be prepared for an overwhelming force of 17 launches and 4, 800 units. The sheer number of launches may mean a gradual roll-out, but it also means there is not much time left in 2013 (about six weeks before the December festive season brings business to a year-end close) for developers to grab the property-buying crowd’s attention. Hence, some of these launches may be forced to launch in 2014 instead. But if you’re looking to buy now, some recent launches include Nine Residences, The Venue Residences and The Inflora at Flora Drive. The massive development, DUO Residences in Bugis looks set to go on sale in November at $2, 000 psf. Alex Residences at Alexandra View will also be going to sale soon, at a projected price of $1, 500 to $1, 700 psf and at The Creek in Bukit Timah, units are expected to go for around the same. With an early Chinese New Year in 2014, it might just be a matter of skilled timing for buyers and sellers alike.
Posted on: Sun, 27 Oct 2013 14:04:32 +0000
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