New Launches for 2016

Singapore Property Market set to pick up as developers are more bullish and start to launch more developments. Some of the upcoming new launches include Siglap Residences, Vanilla at East Coast, Park Place Residences, Forest woods, Parc Riviera and also Clement Canopy.

Resale market has also picked up with more HBD units transaction for than a million at Pinnacle @ Duxton, Clementi Towers, Bishan and also Cityview @ Boon Keng. However these few transactions does not reflect the whole HDB market as some of these HDB do have their unique attributes other than just being new.

Also, some of these DBSS are build by private developers and not HDB that probably make it stand out among the typical HDB unit. The highest so far was a DBSS transacted at Cityview for $1.1 million. These owners for the DBSS clocked more than $300,000 profit.

Cityview entered the market this year in 2016 after they hit their 5 years mark. There are a total of 3 units that clock more than a million so far.  Toa Payoh has been fairing well too with a unit transacting for $980,000 at Blk 101 Toa Payoh. This unit is near to Toa Payoh Town and also Braddell MRT Station. There's a total of 4 units that consists of 2 Executive apartments and 2 five rooms flat transacted for more than $900,000 in toa payoh this year.

Some of the new launches for 2016 include

Park Place Residences - Mixed Development at Paya Lebar Central By Lend Lease

Vanilla @ East Coast - Low Rise Resort Condominium at East Coast Road.

Siglap Residences - New Resort waterfront living at Siglap