Robertson Opus weekend sales signal demand for CCR homes: analysts

Analysts from Huttons and PropNex said the project’s performance suggests sales momentum could continue into August.

Strong weekend sales at The Robertson Opus may mark a turning point for Singapore’s Core Central Region (CCR) residential market, analysts said.

Analysts from Huttons and PropNex said the project’s performance points to resilient demand for high-end homes and suggests sales momentum could continue into August, with several CCR launches lined up. “It may finally be the time for CCR to shine,” said Kelvin Fong, CEO of PropNex.

The Robertson Opus, a 999-year leasehold development, sold an estimated 41% of its 348 units during its launch weekend. Industry leaders described this as one of the best CCR openings in recent years.

Mark Yip, CEO of Huttons Asia, called the performance “an excellent set of results,” citing it as evidence of strong fundamentals in Singapore’s property market and buyer confidence in the CCR segment.

Both PropNex and Huttons highlighted shifting market dynamics that have made CCR homes more appealing. Huttons pointed out the price gap between new homes in the CCR and the Rest of Central Region (RCR) has narrowed significantly—from a 56.5% premium in 2018 to just 1.9% in the first half of 2025.

“There is potential for strong upside once the gap between CCR and RCR home prices widens,” said Yip.

Pricing at The Robertson Opus averaged around $3,366 per square foot, which Huttons described as “very attractive” and slightly higher than some RCR projects.

PropNex noted that limited new supply in District 9 helped support strong demand, alongside the project's unique traits, including its tenure, riverside setting, and mixed-use design.

More than half of the 3-bedroom and 4-bedroom units were sold, according to Huttons, with the premium layouts nearly sold out. This signals significant interest from owner-occupiers, rather than just investors.

PropNex also emphasized that local buyers are driving the market, with over 93% of non-landed CCR homes in the first half of 2025 purchased by Singaporeans and permanent residents. “The narrowing price gap is drawing local buyers into the CCR,” said Fong.

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