Summary of The Top 5 Best Selling Singapore Condos in 2017
The year 2017 has gone in a flash and we are finally hearing some good news about the property market. In the 3rd and 4th Quarter of 2017, private home prices rose slightly by 0.7 per cent back to back, following a gradual decline over 15 consecutive quarters. For the whole of 2017, private property prices has rose 1% compared to a 3.1% decline in 2016. Sales volume has also picked up in 2017 while existing supply in the market is dwelling (at it lowest). Analysts are also forecasting a 3-8% growth in the property prices in 2018 due to better conditions, pent-up demand, aggressive land prices, enbloc sales and possibly a return of foreign interest given the prices have dropped around 12% since its peak in 2013.
When it comes to new sales, condos in the OCR led the way, accounting for 57.4% of new sales in the first 11 months of 2017. This is followed by city-fringe condos at 34.4%, and prime district condos at 8.2%.
District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) had the highest number of newly launched units in the OCR this year, with 720 units put on sale. District 14 (Geylang, Eunos) had the highest number of newly launched units in RCR, with 243 units. Meanwhile, district 9 had the most newly launched units in the CCR in 2017, with 120 units launched.
Hence, we have decided to compile a list of Top 5 Best Selling Singapore Condos in 2017!
1. TRE RESIDENCES (FULLY SOLD)
Tre Residences is a 99-years leasehold Aljunied condominium development located at Geylang East Avenue 1, in District 14. This condominium consists of two blocks of 17 storey residential blocks, with a total of 250 exclusive units. It is like living in your own small Island – and the best part is that the condo is full of superb amenities to guarantee absolute relaxation for you and your family.
Since the condo is situated a stone throw from Aljunied MRT Station, its location is ideal. Besides the fact that there will be MRT stations close-by, there are also a number of roads surrounding the condo, which cinch for good accessibility. Geylang Serai Market and the Sports Hub are a few minutes’ drive away or one train station away from Tre Residences; where you can go for a shopping spree.
Tre Residences is not only a place you would like to call home but also a location where you can easily build your life and raise your kids. The condo is designed to cater for all needs of its occupants by providing a small paradise. Check out the Tre residences and live your imagination!
City Fringe Condo just next to Aljunied MRT Station from $13xx psf
1 Station away from Paya Lebar Commercial Hub where developments are selling at high S$17xx psf
Great accessibility to Central Business District via EWL
2. KINGSFORD WATERBAY (SELLING FAST)
Kingsford Waterbay is 99 years leasehold iconic Singapore condominium in Hougang area, district 19. It consist of 1157 apartment units, 6 units of strata terrace house, 2 units of semi detached house, and 6 F&B units.
Kingsford Waterbay offers 400 meter of river frontage view and full condo facilities including but not limited to 50 meter swimming pool, BBQ area, children playground, gym, tennis court and many more. The facilities are divided into 6 zones to provide full family entertainment needs for you and your loved ones. Indulge in a serene and tranquil riverside lifestyle.
One of the most affordable condominiums in District 19
1 Bedroom Fully SOLD. 2 Bedroom from S$9xxK only.
- Offering ideal opportunity for Singapore PR who are not eligible to purchase HDB due to government restriction and also for foreigners who are looking for the low property price condominium in Singapore.
3. SIMS URBAN OASIS (SELLING FAST)
Formed of eight blocks, the Sims Urban Oasis is a 99-year leasehold condominium that will provide open spaces with lush greenery, vertical greens and pavilions aimed at giving occupants a wider range of outdoor activity. Residents will also enjoy a skypark on the 19th storey that will offer a panoramic view of the city’s skyline. Perhaps best of all, this jewel is nestled within a great location that’s really kicking off with a slew of exciting developments.
- City Fringe Condo close to Aljunied MRT Station
- 6 shops and a child-care centre to create an inclusive community and bring convenience to residents’ door steps
- TOP Obtained – Ready to Move in.
- 1 Station away from Paya Lebar Commercial Hub where developments are selling at high S$17xx psf
- Great accessibility to Central Business District via EWL
4. KALLANG RIVERSIDE (SELLING FAST)
Kallang Riverside is a new luxurious FREEHOLD Mixed Development @ the Greater Marina Bay District. Besides being conveniently linked to the New Sports Hub, URA Master Plan 2013 had outlined the Major Transformation Plan of the area which consists of 64-ha Waterfront Precinct of 4,000 new residential homes, 3,000 prime waterfront hotel rooms and approximately 400,000sqm of offices, retail & entertainment facilities. Out of the 4,000 new residential homes, only 212 units at Kallang Riverside (approximately 5%) will be freehold.
Kallang Riverside comprised of wide selection of unit type and sizes catered for individual needs, however it is only exclusive to 212 owners. Most of the units bring you a breath-taking panoramic view of the Marina Bay Sands and Sea.
Rare Freehold Condominium in District 12 which is part of the Major Transformation Plan outlined in URA Master Plan 2013
Kallang Riverside is surrounded by established amenities and public transport readily available at your doorstep to bring you any parts of Singapore. Suntec City, Marine Bay Sands, Central Business District (CBD) and other major shopping attractions are just merely minutes drive away from Kallang Riverside.
- Residents at Kallang Riverside will enjoy breathtaking views of Kallang Basin, the New Sports Hub, Marina Bay Sands, Singapore Flyer, Gardens by the Bay and the sea. Right in front of you, Kallang Riverside Park will also be enhanced with improved promenades, a new beachfront as well as a proposed lagoon.
5. THE SANTORINI (FULLY SOLD)
Sited on an exclusively charming area with views of an adjacent quarry, it seizes upon its proximity with the water and the sky as a source of identity and inspiration. Within the suburban sprawl of the Tampines district, is intended to be an alternative, yet rather discreetly placed, contemporary statement created through poetic inventiveness.
As a source of inspiration, the ethereal calmness and serenity that prevails in the settlements along the coasts of the Santorini island was deliberated to identify its essential embrace of nature, light and simplicity. The contemporary Santorini design is a fusion of the love of harmony and respect for nature and the appreciation of modern refinement of a ‘light’ architecture. The enlightened and intrepid spirit of the design is an attempt to conceive a humane architecture rooted in poetic values.
One of the most affordable condominiums in Singapore from only $6xxK / average 1050psf!
Opening of New Tampines Hub and Opening of Changi Airport Terminal 4
- Right Location in mature Tampines Area
Hope you enjoy reading – “Top 5 Best Selling Singapore Condos in 2017”. You might also be interested to read more about the Best Selling Overseas Projects in 2017
This website will be updated as and when new information is available. Please Kindly bookmarked it or WhatsApp Us @(+65) 90272297 to register interest, so we can update you on the property market in a timely manner.
Disclaimer: This article is meant for research/ information and educational purposes only. All information, especially property ownership laws, are subjected to changes and no responsibility shall be held on the accuracy. All sorts of property investments can be risky and investors are expected to perform their own due diligence before committing into any purchase.