Daintree Residence was expected to have a rocky start, as it launched in July 2018 the first condo to launch after a round of cooling measures, when market analysts predicted buyers pulling back. Nonetheless, the developer remained confident of the Upper Bukit Timah location, and never even flinched on the prices. In the end, Daintree Residence did sell out.
Several market watchers are surprised at the strong sales of The Reserve Residences, so soon after the latest cooling measures (although Blossoms by the Park was another that did well). This point in 2023 is also perceived as a market peak (or at least a near-peak) by most, so couple that with high-interest rates and the latest cooling measures, and.
Whether you're a homeowner or a landlord, having an MRT station nearby is still a major draw; and given the fewer launches in 2023 (compared to 2020/21), it's important to be a bit more picky. There's also just the "small" matter of the very high COE rates right now, and it may just be the kicker to stop relying on.
Hello, I always love to see your articles because they are very informative. I am currently staying with my husband, 20 month old child and a helper at a three-bedroom condo at OCR. The condo is owned by my husband. We are planning to purchase another thrree-bedroom unit under my name at RCR, preferably near a good school and MRT..
SP SETIA is set to realise its total sales target of RM4bil by Dec 31, 2022 (FY2022), thanks to strong contribution from high-impact international projects and stronger local sales.