Primary home sales continue to achieve significant figures, with sales increasing every month. The recent launch of Penrose despite of the tightening of re-issuance of OTP did not dampen the sales. 859/1187 units released were sold in the Rest of Core Central Region (RCR). The overall sales is higher than that in September 2019. As the robust sales continue and with declining stock, we will likely to see slight increment in prices as more launches will be higher in price since land cost is higher. Avenue South Residence has almost fully sold out their horizon collection and with good sales trending towards the peak collection.
Source: The Straits Times
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