RESIDENTIAL PROPERTY | Krisana Gallezo-Estaura, Singapore

15 best selling projects in January 2016

Almost half in the list are ECs.

January was a slow start to the year for the property sector with new sales only reaching 322, which represents 16.1% drop month-on-month and 14.4% year-on-year. The figure which excludes executive condos (EC) marked the lowest new sales in a year. BNP Paribas notes that the slowdown was mainly due to lack of new project launches (only 146 new unit launches in January), as developers continue to watch the market cautiously.

Data compiled by BNP Paribas show that the top performer was thrice-in-a-row The Poiz Residences by MCC.It is followed by an EC project The Amore. 6 other ECs made it in this monthly listing of best selling projects.

By region, mass market continues to account for the highest share in January at 77.8% of new sales (66.3% in December), followed by mid-end at 16.7% (30.1%) and high-end at 5.4% (3.5%).

By price, the most popular was SGD1,001-1,500 psf, accounting for 49.4% of new sales.

Check out the best selling projects in January:  

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15 best selling projects in January 2016

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