New Private Residential Projects to Look Out For in 2019!
If you are looking to buy a private home in Singapore, 2019 is your chance!
There will be nearly 60 residential property launches and some developers will be kicking off the year with a preview launch event before the Lunar New Year.
These projects include Fyve Derbyshire and RV Altitude by Roxy-Pacific Holdings; 35 Gilstead by Tee Land; One Meyer by Sustained Land and Jervois Prive by Spring Court owner-led consortium.
At the same time, the large-scale developments, The Lilium (formerly known as How Sun Park) and The Gazania (formerly known as Sun Rosier) by SingHaiyi Group Ltd through collective sales acquisition will be launching after the Lunar New Year.
Nearly 40% of the projects launching this year are located in prime districts of Singapore – D9, D10 and D11. Many of these projects are rare and freehold; the Orchard Road shopping belt and top international schools are also within reach.
The pipeline of new launches coming up in 2019 are as follows:
Image Source：https://www.propertyinvestsg.com/new-condo-launches-singapore-2018/
Although foreign buyers are subject to high additional buyer’s stamp duty, Singapore property market still remains attractive to foreign buyers compared to Hong Kong, Canada, Australia and the United Kingdom.
With the surge of new launches, the number of new units sold may range from 8,000 to 10,000 units. However, it’s worthy to note that demand may depend on economic conditions and external factors such as the US-China trade war.
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