ECs breathe life into lacklustre December property market

The Terrace was the most popular project last month.

Executive condominiums continued to see buying interest in December, in spite of the fact that overall property sales crashed to a new low last month.

According to DBS, the sales pack was led by The Terrace, a 747 unit EC launched in Punggol Drive which sold 128 units.

Other ECs with more sales include Bellewaters, which sold 16 units, Waterwoods with 10 units, and Skypark Residences with 9 units.

For non-landed properties, the top selling projects were previously popular launches like Lakeville, which sold 16 units, The Panorama with 12 units and Riverbank@Fernvale with 10 units.

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