22/12/2024
Developer sales figures for November 2024 saw a remarkable 246.5% month-on-month surge to 2,557 units, marking a 226.1% year-on-year increase. This growth was driven by major project launches, with buyers acting swiftly amid FOMO and improved higher loan amounts from interest rate cuts.
Five non-landed projects, namely
Chuan Park
Emerald of Katong
Nava Grove
The Collective at One Sophia &
Union Square Residences
were launched, boosting total units launched to 2,871. This represents a 437.6% jump from October 2024 and a 196.0% rise from November 2023.
As with school holidays & festive season in December, no new launches are planned.
If you have missed the new launches in November, fret not. Be spoilt for choice for the next new launches in 1Q2025! 😉
If you are looking for your new home or an investment property, schedule an appointment with me for non-obligatory discussion to understand your requirements better.
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