OCR sells record 397 new homes in July, 141 units sold above $2mil
The Outside Central Region achieves a fresh top during 07/2021, with the 397 new exclusive houses transacted beating the record Two hundred Ninety Three units shifted in Dec2020, declared SBR.
Of these, 1hundred 41 were yielded at least $2 mil.
The OCR top June’s recent private apartment sales. Obviously, S’pore observed fresh home transactions upsurge 82.2 % monthly to 1,589 units in Jul’21.
Involving ECs, new apartment deals grew 81.3percent month-on-month to One thousand Seven hundred and Forty Four apartments.
Propnex CEO Ismail Gafoor considered in which the powerful current house revenue performance in July happened to be increased by “the busy Outside Central Region sub-market in which discovered more than 1thousand flats getting bought”.
” We think that the driver to the vitality was possibly the current Government Land Sales tender event where by Ang Mo Kio Ave 1 and Lentor Central obtained top quotes of $One thousand One hundred Eighteen psf ppr and $One thousand Two hundred and Four psf per PR accordingly offered by property developers,” he mentioned as mentioned by SGP Business Review.
” The news of vigorous land deals influenced several to notice in which possible future introduce deals are generally most likely to increase farther.”