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Government bumps up supply of private homes for full-year 2023 to highest in a decade. Orchard Road, Zion Road sites among 8 state land plots to be offered in H2 for private housing. Charming Garden makes third and final bid at collective sale with same S$175 million guide price. When new condo units are pricier than older ones by over 70 per cent. New private home sales up 17% in May from April, on the back of a doubling in launches.
Government bumps up supply of private homes for full-year 2023 to highest in a decade. Orchard Road, Zion Road sites among 8 state land plots to be offered in H2 for private housing. Charming Garden makes third and final bid at collective sale with same S$175 million guide price. When new condo units are pricier than older ones by over 70 per cent. New private home sales up 17% in May from April, on the back of a doubling in launches.

The Conundrum of Selling and Buying in a Hot Market

Selling a home is not an easy feat. The process is complicated and lengthy, and can span across months. In our team, such stressful situations are not uncommon. In a particular sale and purchase that occured in 2021, we supported our clients to upgrade from the Rest of Central Region (RCR) to the Core Central Region (CCR) with a mere 100 top-up per-square-foot (PSF).