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Developer Sales Discounts

 

AMAZING 2017 FOR NEW PROJECT SEGMENT 

It was truly a great year for PropNex as the agency attained commendable achievements in the new launch segment this year. 

As the market leader, we led the industry closing the most number of units for numerous projects including: Sol Acres EC,

Westwood Residences EC, The Peak @ Cairnhill II, OUE Twin Peaks, 26 Newton, Parc Riviera, Symphony Suites, Marina Collection

as well as newly launched projects at ARTRA, Martin Modern, Le Quest and many others. One of the most notable 

performance this year is at Parc Riviera which is now sold out with our project team closing more than 500 units. 

Our success has indeed established a new benchmark in the industry and set the pace of success for upcoming launches in the new year. 

 

Projects 2018

Buying sentiment in the property market has just picked up a year or so ago and with the government implementing a round of cooling measures recently, developers will be much more sensitive on pricing.

The most recent round of property market curbs includes higher ABSD and tighter LTV limits 

For those of you who have not bought any property yet, or who are looking to upgrade from a HDB flat to a private property, without the intention of holding on to your existing flat,

it’s likely that prices in the private property market will continue to remain attractive, since developers will need to restrategize and offer a reasonable pricing given the fact that the property market is going to be cool for a while.

KANDIS RESIDENCE - 130 UNITS 

WEST COAST VALE - 520 UNITS 

TAMPINES AVE 10 (PARCEL C) - 820 UNITS 

WOODLEIGH LANE - 840 UNITS 

SERANGOON NORTH AVE 1 - 505 UNITS 

RIO CASA - 1,450 UNITS 

SHUNFU VILLE - 1,500 UNITS 

√ NEW FUTURA - 124 UNITS 

√ 8 HULLET ROAD - 44 UNITS 

√ RIVER VALLEY ROAD - 130 UNITS 

√ 120 GRANGE ROAD - 40 UNITS 

THE ENCLAVE. HOLLAND - 26 UNITS 

MARGARET DRIVE - 310 UNITS 

PERUMAL ROAD - 120 UNITS 

√ 231 PASIR PANJANG - 165 UNITS 

√ LORONG 1 REALTY PARK - 50 UNITS 

√ EUNOS VILLE - 1,400 UNITS 

√ JALAN REMAJA - 110 UNITS 

√ TAMPINES COURT - 2,500 UNITS 

TOH TUCK ROAD - 300 UNITS 

√ BELGRAVIA VILLAS PHASE II - 81 UNITS 

ANCHORVALE EC - 630 UNITS 

  

Region / 

Property Type 

2015/ 2016 

Pricing ($PSF) 

2017 Pricing 

($PSF)  

  

*2018 Expected 

Pricing ($PSF)  

  

Core Central Region (CCR) 

2,000

2,200 - 2,500 

2,600 - ???

  

  

Rest of Central Region (RCR) 

1,500 

1,500 -1,700

1,750 - ???

 Mass Market Condo (OCR)

1,000

1,150 - 1,300 

1,350 - ???

 Executive Condos(ECs)

750

800 - 830 

830 - ???

 Design, Build & Sell Scheme (DBSS)

550

550

550

 HDB Resale (4 Room)

400

400

400

 

 

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