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A review of new launch condos performance in 2023: Here's how major launches have fared so far

As we approach the mid-year mark in 2023, we thought it would be appropriate to look back and see how the new launches have been doing. With the new cooling measures just announced recently, it certainly has dampened things, with some projects like Newport Residences having to push back their sales preview. Here’s how some of the bigger launches have.

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Katong Shopping Centre up for en bloc sale at S$638 million

SINGAPORE: Katong Shopping Centre has been put up for collective sale at S$638 million (US$478 million), real estate consultancy Edmund Tie said in a news release on Tuesday (Apr 18). Located in District 15, the freehold property sits on a corner land plot of 86,924 sq ft, facing both Mountbatten

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City Developments : Strong demand for Tembusu Grand, the first new launch in Katong this year – 340 units sold on launch weekend

Singapore, 9 April 2023 - City Developments Limited and MCL Land commenced sales for the 638-unit Tembusu Grand on Saturday, 8 April 2023, two weeks after its sales gallery opened for. | April 9, 2023

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Over half of units at Tembusu Grand sold on launch weekend

SINGAPORE - Over half of the units at City Developments Limited (CDL) and MCL Land’s Tembusu Grand were sold by the second day of its sales launch, according to the real estate company and residential developer on Sunday. Read more at straitstimes.com.

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6 new condos to look forward to in Q2 of 2023

The first quarter of 2023 saw several major new launch condos, such as Terra Hill and The Botany at Dairy Farm. If you’re planning to upgrade or rightsize to a new launch condo but haven’t found a suitable one, we’ve rounded up this list of new launches in Q2 of 2023. Whether you’re a first-time homeowner or plan to sell.

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