What are the top selling projects by developers this month? In this article, based on analysis done at PropertyMarketInsights.com, we will share with you the five bestselling non-landed projects launched by developers in November 2012 ranked by the number of units sold, based on URA data. This list is a quick way for you to identify new projects that are selling well. Looking at the location, number of units sold and prices, you can get a sense of where the hot areas and projects are, and potentially spot interesting opportunities in projects that are nearby that could be selling at a significant discount.
5. Bartley Residences, 43 units sold
(All map screenshots are taken from OneMap.sg)
With 43 units sold in November, Bartley Residences ranks fifth. It sold at a median price of $1,230 PSF, with the lowest price at $1,042 PSF and the highest at $1,340 PSF. With 702 units, the 99 year leasehold Bartley Residences is expected to be completed by 2015. Bartley Residences’s attraction is its convenient location, located at Lorong How Sun, walking distance from Bartley MRT. Also in the district are schools like Maris Stella High School and Bartley Secondary School, and this project has easy access to an array of amenities such as public transport, eateries and supermarkets nearby.
4. Riversails, 81 Units Sold
With 81 units sold in November, Riversails is in fourth place. It sold at a median price of $858 PSF, with the lowest price at $721 PSF and the highest at $1,078 PSF. The 99 year leasehold condominium is expected to be completed by 2017 with 928 units. Riversails offers an interesting array of facilities like a jungle gym, mini theatre, stage of tales, island swirl spa, green trellis, camping lawn, paddle boats and yoga pool. Riversails is located at 20, Upper Serangoon Crescent, near Hougang MRT and Buangkok MRT. Nearby schools include Pei Hwa Secondary School and Fernvale Primary School. Residents can go to Compass Point and Rivervale Plaza for daily amenities.
3. Waterbay, 84 Units Sold
With slightly more units sold in November, Waterbay is in third place with 84 units sold. It sold at a median price of $743 PSF, with the lowest price at $572 PSF and the highest at $797 PSF. The 99 year leasehold condominium is expected to be completed by 2016 with 383 units. Waterbay offers an interesting array of facilities like gym, cascading waterfall, reading pavilion, children’s lounge, tea pavilion, sun lounge and the rain shower. Waterbay is located at 45, Edgefield plains, near Cove LRT and Punggol MRT. Nearby schools include Punggol Secondary School and Edgefield Primary School. Residents can go to Compass Point for daily amenities.
2. D’Leedon, 133 Units Sold
A step up from the previous entry, D’Leedon takes second place with 133 units sold in November. It sold at a median price of $1,431 PSF, with the lowest price at $1,325 PSF and the highest at $1,937 PSF. The 99 year leasehold condominium is expected to be completed by 2014 with 1715 units. D’Leedon offers facilities such as swimming pool and clubhouse. D’Leedon is located at 151 King’s Road, near Farrer Road MRT. There are many top tier schools in the vicinity like St Magaret’s Secondary School and Nanyang Primary School. Residents can go to Empress Road Market and Food Centre or Holland Village down the road for daily amenities.
1. Eco Sanctuary, 140 Units Sold
Taking first place is Eco Sanctuary with 140 units sold in November. It sold at a median price of $1,050 PSF, with the lowest price at $740 PSF and the highest at $1,290 PSF. The 99 year leasehold condominium is expected to be completed by 2016 with 483 units. Eco Sanctuary offers a unique array of facilities appealing towards nature lovers such as a picnic lawn, island club, planter wall, dragonfly path, gym, lotus pavilion and bio pond. Eco Sanctuary is located at Chestnut Avenue, near Pending LRT. Schools in the vicinity include Chestnut Drive Secondary School and Bukit Panjang Primary School. Residents can go to Bukit Panjang Plaza for daily amenities.
Now that you know what new properties are selling well, use this knowledge to your advantage. Identify market trends and choose the right time to make your move. Till next month!
Want a longer list of the bestselling new sale projects? Or a list of the cheapest ones? You can get this and much more at PropertyMarketInsights.com, a site that helps investors spot opportunities and time their Singapore property purchases. Click here to get your FREE report on Understanding the Property Market Cycle to invest profitably now.