If showflat visits are anything to go by, the residential market is doing well in terms of sales.
According to DBS, take up of new units at recent showflat visits have been robust. Meanwhile, two new projects will be launched in the coming weeks.
The report also noted that there's strong appetite for larger units.
Over at Pasir Ris, the 679-unit Ripple Bay features one, two and three-bedders. Sited next to Far East's Seastrand, the development is the area's second new project following Watercolours, an executive condo (EC) development by GPS Alliance.
In addition, UOL's Katong Regency (pictured) and Capitaland's Sky Habitat will likely be launched in the next two weeks. So far, both have received strong interest during pre-sales.
The 509-unit Sky Habitat is located close to Junction 8 mall and Bishan MRT station. It comprises one, two and three-bedders, with sizes ranging from 635 sq ft to 1,216 sq ft.
Katong Regency is a residential-cum-retail development situated on the former Lion City Hotel site. Its residential component features 244 units that include one and two- bedders from 549 sq ft to 1,238 sq ft. Related Stories: Sky Habitat and Katong Regency to attract strong interest: DBS
109 units at FEO's Hillsta project snapped up
Developers in a rush to launch new projects
More from PropertyGuru:
Pasir Ris residential site attracts bullish bids
Cavenagh Gardens up for collective sale
OCR and HDB prices up in Q1: OCBC
Nearly 9,000 HDB flats sold as a result of divorces