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2021 ultimate new launch cheat sheet: 116 condominiums take up rate and breakeven


May 02, 2021
Urban Treasures
When we did our last ultimate new launch cheat sheet in February 2020 (view here), I don’t think many people would have predicted then how the property market would have moved as much as it had in the past year.
It was, after all, the beginning of the Covid-19 pandemic (for Singapore, at least). And it was not long after this that Singapore had to go into lockdown mode.
Now, it isn’t just the mass market that is moving, but there is a slew of high-end new launches coming up, and HDB resale prices have climbed up for 4 straight quarters. ....

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All the new launch condo updates for 2021


Highlight developments as of January 2021
While we can’t cover every single development yet (many are still too new), there are some highlights already emerging. Here are the ones to take note of early this year:
1. Normanton Park
Developer: Kingsford Huray Development Pte. Ltd.
Lease: 99-years from 2019
Number of units: 1,862 (1,840 apartments, 22 villas)
Why is this interesting?
There’s a lot of buzz around Normanton Park, mainly revolving around its former no-sale license.
As this is something of a long topic, we’ll present a detailed explanation of this later in the week (and our review); do follow us on Facebook for an update. The other really hinges on the fact that it will be the largest new launch project of 2021. ....

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