It was reported that developers launched 654 new units and sold 729 private homes (excluding executive condominiums) last month, up slightly from the 716 units in March. The 729 units sold in April were distributed as follows: 50 units (7%) in Core Central Region (CCR), 459 units (63%) in Rest of Central Region (RCR) and 220 units (30%) in Outside Central Region (OCR). Within the CCR, 8 Hullet’s four units were sold at a high median price of $3,448. Some of the best performers in RCR include Park Place Residences which sold 177 units at a median price of $2,060 psf and The Verandah Residences which moved 141 units at a median price of $1,846 psf. For the four months in 2018, a total of 1,575 units have been launched and 2,310 units have been sold. Three of the four new residential projects launched in April saw healthy sales – Harbour View Gardens sold 91%, The Verandah Residences sold 84% and Park Place Residences sold 78%. Going on to May, Twin View at West Coast has reported 449 units sold (86%) while 80 units (57%) of Amber 45 at Amber Road have been sold so far. New launches that are expected to hit the market soon include: Margaret Ville (309 units), The Garden Residences (613 units), Sea Pavilion Residences (24 units), Affinity @ Serangoon (1,052 units) and Stirling Residences (1,259 units).
