New Launches to fetch at $2,700psf in 2Q2021 | Recently, a preview of a boutique 60-unit condominium and Grange 1866 will follow that of Irwell Hill Residences. Similarly, the prices of these new launches are anticipated to kick from $2,700psf.
Moreover, the CEO of Hutton Asia called Mark Yip anticipates other new launches, and that of Irwell Hill Residences to wallow on the positive sales speed. Midtown Modern experienced such positive sales speed. Besides, he notes that Irwell Hill Residences is the first upcoming development in District 9 in I5 months.
Other new launches include One-North Eden 165-unit and One Berman 351-unit. Yips said, “Each of these new launches has their USP commonly dubbed as a unique selling point that targets different groups.” For instance, the One Berman, situated in the Pagar Tanjong within CBD environs will grab the attention of the investors, whereas the One-North Eden will be able to handle what is known as the ‘pent-up demand’ in that area. Mark Yip adds these will be done where there has been an upcoming launch in 14 years.
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Another new development is the Provence Residence, with 413-unit executive condo (EC) that offers residences at Canberra Link. Since January 2020, no new launch of EC was developed in Sembawang and the likes of Parc Canberra, head of research at ERA Realty, and notes Nicholas Mak. Yip said, “The health take-up at Midtown Modern will skyrocket developers’ confidence and homebuyers for coming projects.”
On the other hand, the following are the expected projects to be available for use in the Core Central Region (CCR) for the next month: the Perfect Ten 230-unit at Bukit Timah, 90-unit Peak Residence on Thomson Road, and the 138-unit Klimt Cairnhill justified by Sze Lee Teck, the director of research in Huttons Asia.