15 top selling projects in November
New launches in October slowed significantly.
November developer sales rose 39% month-on-month and 79% year-on-year, bringing 11M15 sales to 7,144. According to Barclays, the jump was mainly due to the decent 38% sell-through rate at one new launch, Poiz Residences at Potong Pasir MRT station, which sold 277 of 731 total units at a median price of S$1,440psf.
It also noted some pick-up in sales at earlier-launched projects such as Sky Vue, Botanique at Bartley and Commonwealth Towers, and continued progressive sales at suburban projects, reflecting underlying demand.
Meanwhile, sales remained steady at high-end large quantum projects like Leedon Residence and Robin Residences.