Top 3 Best Selling Condos in Q1 2021
Residential property is in high demand these days, According to PropertyGuru‘s Singapore Property Market Index Q2 2021, Which saw inquiring prices rise by 3.84% last quarter. On the non-landed private residential market, prices have been climbing steadily over the last four quarters, together with demand for condos being fuelled in part by HDB apartment owners looking to upgrade their homes.
Here are the best 3.
1. Normanton Park — Great City-Fringe Location
Normanton Park is a fresh 99-year leasehold mixed-use development built on the site of an older condominium, also called Normanton Park, which was sold in an en bloc sale in 2017. Units at the brand new Normanton Park sold like hotcakes at its launch in January this year, with roughly 600 units being snapped up on the launch day .
Slated to Get its own Temporary Occupation Permit (TOP) in 2023, the development in 3 Normanton Park, that is made up of 1,840 residential units, 22 two-storey strata terrace houses and eight commercial units, enjoys a convenient location near the AYE near the West Coast and Kent Ridge region, offering exceptional connectivity at a relatively inexpensive price. It is found approximately 17 minutes’ stroll from Kent Ridge MRT.
2. Parc Central Residences — Initial Tampines EC Since 2012
Being constructed on the East end of Singapore in several decades, with 60 percent of units being marketed at its launching. The development, which will receive its TOP in 2023, is located about 19 minutes’ walk from Tampines MRT and is made up of 11 16-storey blocks.
Executive Condominiums generally Sell nicely as they provide the capability to own private property for an inexpensive price, thus bringing many HDB flat owners that want to upgrade their houses. The development’s popularity continues to be fostered by the large number of HDB Minimum Occupation Period (MOP) expiries in 2020 and 2021, which has generated a surge in the numbers of HDB upgraders.
3. 3. Midtown Modern — In the Heart of the CBD
Location was everything for this 99-year leasehold condo on Tan Quee Lan Street at the heart of Bugis. Andrew Nair, Associate Division Director in ERA Realty Network, maintains that Midtown Modern is a highly desirable property as a result of its attractive entry price and excellent location.
Situated just one minute’s walk from Bugis MRT at the heart of the city, the evolution, whose TOP is expected in 2024, provides easy access to one of Singapore’s most vibrant precincts. Additionally, it provides easy access to other town centre locations, with Raffles Place being less than half an hour’s walk away.