Based on the launch plan for potential new launch projects Singapore in 2022 - approximately 36% of units will be in the Out-of-Central Region (OCR), 37% in the Rest of Central Region (RCR) and around 27% in Main Central Core Region (CCR). These sales - especially in the OCR, also known as the mass market - will meet the needs of the owners.
Homebuyers looking to buy new launch projects may face tighter apartment selection this year. PropNex estimates that more than 30 new launch projects, including three high-end condominium (EC) projects, could hit the market by 2022 - potentially providing between 8,000 and 9,000 new homes. In addition, a plenty of the projects launching in 2022 are small and medium-sized development projects.
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Kicking off the new launch projects this year are 107 units of Belgravia Ace, a land-based residential project on Ang Mo Kio Avenue 5. The development features 104 adjacent properties and three terraces. This project will be especially appealing to buyers looking for a more spacious home and the experience of living in a land-based property.
Homebuyers can also look forward to The Arden in Phoenix Road scheduled to launch in January/February. The 99-year rental project will include 105 residential units and it will appeal to a wide variety of buyer groups. from families to young professionals as well as HDB upgraders who want a modern home, close to nature and hidden in a tranquil environment. location in land with low construction density.
Belgravia Ace is a freehold strata housing - one of the new launch projects that is located along Ang Mo Kio Avenue 5. Developed by Tong Eng Group and nested in the heart of Seletar and consist of a total of 107 units with 104 Semi-Detached and 3 Terraces.
See more detail of this new launch projects - Belgravia Ace HERE!!!
The Arden Condo - A new launch projects is developed by Qingjian Realty. Located at a very accessible address at 24 Phoenix Road, Singapore District 23. This particular area in Singapore is one of the most sought-after address in the country by real estate - searchers.
See more detail of this new launch projects - The Arden HERE!!!
It's perhaps fair to say that the Central region stole the spotlight in 2021, with several new launch projects attracting buyers and selling extremely well at launch - such as Normanton Park, One-North Eden, The Reef at King's Dock, Midtown Modern, Irwell Hill Residential, and CanningHill Piers. In 2022, it may be OCR's turn to shine even more as the new cooling measures implemented in December 2021 could put some pressure on the Central Region's sales.
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