Sales of new home segment continue to remain vibrant and active every month since the start of phase 2 where physical housing viewings are allowed. A total of 1,329 units were sold in September, highest over the 2 years. Bulk of the sales were from the RCR and OCR where affordability and overall price tag attribute to why buyers committed as they feel more confident to enter the market now. Peak Residence is targeting to launch next year March and we will see more competition from other launches in the CCR. With its prime location and accessibility to amenities and transportation, we will likely see positive response as freehold land is limited in Singapore.

Source: The Straits Times

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