Weekly Update: 13 May - 19 May 2024

HOT NEWS OF THE WEEK

• Consortium led by UOL & CapitaLand wins Holland Drive site with top bid of $805M / about $1285 psf ppr
• Sales of new private homes slump to 4-year low in April due to lack of new launches. Expected pick up in Q3 with larger developments launching
• Condo rents fall again in April after slight recovery in March

NEW LAUNCH PROMOTIONS

999-year District 9 Hill House – over $100K discount! 1BR $1.32M (U.P. $1.42M) 2BR $1.92M (U.P. $2M) 3BR $2.18M (U.P. $2.28M). Valid till 31st May

999-year Jansen House @ Kovan from only $1940psf after 15% Earlybird discounts for limited time only. 2BR $1.49M, 3BR $1.99M, 4BR $2.44M

Hillhaven 14% discount till 27th May. From only $1.3xxM / $19xx psf

OVERSEAS INVESTMENT PROPERTY

Rare service residence at Mount Austin JB with hotel style management. Only RM5xxK, Singaporeans eligible

Disclaimer: Info subject to change w/o prior notice