As we close to an end for 2017, we are receiving some really interesting data about the market. First, we notice that there are a lot of people who are trying to get new homes right now. Not only that, but it’s important to note that the market is moving in the favor of the sellers.
This means the developers don’t have to rush as they continue to launch more units. There are 450 new launch condos released in November but out of these new launches, 47 of them were from previously launched projects. As you can imagine, this has definitely managed to reduce the buying options. This also contributed to some rather moderate sales figures.
But while there were 3 new launch condos and apartments launched in November like Parc Botannia and Rezi, it’s safe to say that we will see more and more of these establishments as they continue to grow and reach new benefits in the long term.
New pricing and strategies are becoming prevalent on the market right now, so understanding the market and how it works is crucial if you want to reach all the necessary benefits with something like this.
That being said, the end of the year is still robust in sales. It may not be as fruitful when compared to other times of the year, but the sales are good and you can indeed receive plenty of value and quality with stuff like this. It just makes a lot of sense and it can definitely bring in front some nifty benefits for home buyers that want to find a new place to live in.
The sales for new launch Executive Condo have softened up in November, but it’s understandable. Not a lot of people are moving at this time, and that’s definitely the type of thing that you have to take into account. It’s still easy to see that the real estate developers are investing as much as they can into this and the overall results that they deliver are nothing short of impressive.
While there will always be some challenges to be had here and there on this market, the fact that the market does grow despite some issues here and there is commendable. It just makes sense, and it brings in front some outstanding benefits for sure. Hopefully the trend continues in the very near future, as it will definitely help the market.
Source: http://www.businesstimes.com.sg/real-estate/sales-of-new-homes-moderate-as-yr-end-holidays-begin
New launch condos that have been selling well and will obtain TOP soon
