
14 hottest upcoming launches to watch out for in the next six months
Four mega projects in the CCR underway.
According to Savills, over the next six months, there will be an ample supply of projects hitting the market island-wide.
These include the launch of more exciting projects, such as the four mega integrated developments that have both commercial and residential components in the CCR, namely the DUO Residences (660 units) in
Bugis, Marina One (1,042 units) in Marina Bay, Clermont Residence (181 units) in Tanjong Pagar and South
Beach Residences (190 units) in City Hall.
Savills noted 14 major upcoming launches in the next six months.
Here's more from Savills:
The market response to these aunches will be a good indicator of investment appetite for high-end homes in the downtown core area.
In addition, a number of major projects can be expected to be released on various well-located sites that had been purchased under the Government Land Sales programme, namely the Alex Residences in Alexandra View, three other residential projects which are in the upcoming Jurong district and the mature Housing Development Board estates in Commonwealth and Kim Tian areas.
The two EC projects, namely the 506-unit SkyPark Residences and the 373-unit Waterwoods, are also expected to perform well at their launches, as they provide affordable quasi-private housing to qualifying citizens.
SkyPark Residences so far has received an overwhelming 1,604 e-applications, translating to a three-fold subscription rate.