Top 5 Selling Projects in July 2016

Artist’s impression of the Treasure Crest EC in Sengkang. Source: Sim Lian Group

Singapore developers sold 1,921 housing units in July, including executive condominiums (ECs), compared to just 768 units in the previous month, data from the Urban Redevelopment Authority (URA) showed.

Analysts attributed the surge in transactions to more launches and the end of the school holidays in June, which is traditionally a quiet time for the property market.

There were 1,486 units launched (including ECs), up from a mere 234 in June when no EC projects hit the market.

The chart-topping project in July was Lake Grande, a private condo in the up-and-coming Jurong Lake District, followed by three EC projects. The Trilinq rounds out the top five list.

1. Lake Grande (OCR)
Developer: MCL Land
Tenure: 99-year leasehold
Location: Jurong West
Nearest MRT station: Lakeside MRT
Median price: $1,368 psf
Total no. of units: 710
Sales update: 464 units sold in July

2. Treasure Crest EC (OCR)
Developer: Sim Lian Group
Tenure: 99-year leasehold
Location: Anchorvale Crescent
Nearest MRT station: Sengkang MRT
Median price: $751 psf
Total no. of units: 504
Sales update: 398 units sold in July

3. Bellewaters EC (OCR)
Developer: Qingjian Realty
Tenure: 99-year leasehold
Location: Anchorvale Crescent (D19)
Nearest MRT station: Sengkang MRT
Median price: $790 psf
Total no. of units: 651
Sales update: 70 units sold in July

4. Sol Acres EC (OCR)
Developer: MCL Land
Tenure: 99-year leasehold
Location: Choa Chu Kang Grove
Nearest MRT station: Bukit Panjang MRT
Median price: $796 psf
Total no. of units: 1,327
Sales update: 43 units sold in July

5. The Trilinq (OCR)
Developer: IOI Properties
Tenure: 99-year leasehold
Location: Clementi Avenue 6
Nearest MRT station: Clementi MRT
Median price: $1,393 psf
Total no. of units: 755
Sales update: 42 units sold in July

Source:
http://www.propertyguru.com.sg/property-management-news/2016/8/133128/5-best-selling-projects-in-july-2016