The Singapore property market has been slowly picking up, with developers hotly contesting for en-bloc sites, a Chinese developer throwing down S$1b for a government land sale site at Sitrling road and buyers snapping up all 531 units in Hundred Palms EC within an afternoon.
Interested in how the property market is faring? This post will show you where developers sold the most expensive units in July 2017.
S$3,000 barrier not broken
The S$3,000 psf pricing psychological barrier has not been broken, but it’s close to being broken with the highest priced unit at Lloyd SixtyFive going at S$2,842.
On average, the selling prices of units sold by developers in July 2017 was S$1,493.
For those thinking of buying a property, this average price would be a good benchmark for you to see if the price you’re paying is above or below average.
While you’re around, check out this list for properties where transacted prices are much lower than in the past.
|Project||Median price S$psf|
|Onze @ Tanjong Pagar||2,651|
|The Rise @ Oxley||2,353|
|The Line @ Tanjong Rhu||2,304|
|Marina One Residences||2,244|