5 most popular condos in February

PropertyGuru

18 March 2015 at 9:00 pm

Sims Urban Oasis, a 1,024-unit condominium by GuocoLand at the junction of Sims Drive and Aljunied Road was the best-selling residential project in February 2015, according to an OrangeTee report citing the latest URA data.

A total of 112 units out of the 200 launched were sold at a median price of $1,397 psf, which translates to a take-up rate of 56 percent.

The report stated that a large percentage of sales by developers in February was attributed to Sims Urban Oasis, the only new launch in the month.

Excluding executive condominiums, new private home sales recorded 382 transactions, a 2.0 percent increase from January's 374 transactions.

Looking ahead, OrangeTee expects more competition in the market as new launches and a wave of relaunches from existing projects put more pressure on developers.

Here's a look at the top performing projects in February - Sims Urban Oasis, The Skywoods, City Gate, Symphony Suites and Lakeville.

1. Sims Urban Oasis (RCR)

Developer: GuocoLand
Tenure: 99-year leasehold
Location: Sims Drive (D14)
Nearest MRT station: Aljunied
Median price: $1,397 psf
Total no. of units: 1,024
Sales update: 112 of the 200 units launched were sold.

2. The Skywoods (OCR)

Developer: Hock Lian Seng Holdings & TA Corporation and King Wan Development
Tenure: 99-year leasehold
Location: Dairy Farm Heights (D23)
Nearest MRT station: Hillview (future)
Median price: $1,251 psf
Total no. of units: 420
Sales update: 23 units sold last month.

3. City Gate (RCR)

Developer: Fragrance Group and World Class Land
Tenure: 99-year leasehold
Location: Beach Road (D07)
Nearest MRT station: Nicoll Highway
Median price: $1,830 psf
Total no. of units: 311
Sales update: 22 units sold last month.

4. Symphony Suites (OCR)

Developer: EL Development
Tenure: 99-year leasehold
Location: Yishun Avenue 9 (D27)
Nearest MRT station: Yishun
Median price: $1,008 psf
Total no. of units: 660
Sales update: 18 units sold last month.

5. Lakeville (OCR)

Developer: MCL Land
Tenure: 99-year leasehold
Location: Jurong West St 41 (D22)
Nearest MRT station: Lakeside
Median price: $1,251 psf
Total no. of units: 696
Sales update: 16 units sold last month.

Image: Artist's impression of Sims Urban Oasis condo.

Romesh Navaratnarajah, Singapore Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

The Telegraph
Beauty queen shot dead after octopus ceviche order led killers to restaurant
An Ecuadorian beauty queen was assassinated after her Instagram post of a plate of octopus ceviche led gunmen to the restaurant where she was dining.
INSIDER
A NATO country says it could join Ukraine's war with Russia if 2 conditions are met
French President Emmanuel Macron said France could send troops if requested by Ukraine in response to a Russian breakthrough.
HuffPost
Jimmy Fallon Totally Burns His Audience To Spare Anne Hathaway From Embarrassment
The actor clearly didn't read the room, so the "Tonight Show" host bailed her out.
The Independent
Second Boeing whistleblower dies after raising concerns about 737 MAX
Joshua Dean, 45, died on Tuesday after two weeks in critical condition
CNN
China’s Shaolin monks are known for their incredible acrobatics. This photographer captured them in action
The photographer reflects on how he took the memorable shot back in 2004, in one of the martial arts academies that had sprung up near the Shaolin Temple.
The Telegraph
The trickle of companies leaving China is becoming a flood
In the context of a sprawling global leviathan that has just posted profits of $7.7bn (£6.1bn) in the last three months alone, Shell’s decision to close a small power generation unit in China amounts to little more than a rounding error on its books.
The Guardian
‘A disgrace’: Ratcliffe reads riot act after visiting Manchester United facilities
Manchester United’s chief of football operations has railed at a ‘high degree of untidiness’ in the club’s offices and dressing rooms
People
Rumer Willis Praises Mom Demi Moore's 'Bangin'' Bikini Body
"If my genetics are at least half that good, I'm solid," said Willis of her mother's "bangin'" body
Evening Standard
Jurgen Klopp addresses Mohamed Salah's Liverpool future ahead of exit
Forward has been linked with move to Saudi Arabia
People
Heartbreaking Story Behind Dad Who Added Daughter's Necklace to Headstone After His 3 Kids Were Killed (Exclusive)
Ray Simmons dedicates himself to maintaining the resting place of his son Christopher, 16, and daughters Kamryn, 15, and Lindy, 20
SETHLUI.COM
Northern Thai: Delicious ‘creamy’ tom yum by Thai superwoman worth the queue
The post Northern Thai: Delicious ‘creamy’ tom yum by Thai superwoman worth the queue appeared first on SETHLUI.com.
BuzzFeed
Spine-Chilling Stories: Nurses Recall Ghostly Encounters And Supernatural Experiences While On Duty
Hospitals...where the supernatural becomes super natural.
Cosmo
EmRata's plunging gold gown is best described as melted butter
Emily Ratajkowski attended the 2024 The King's Trust Global Gala wearing a gold satin backless dress with a plunging neckline best described as melted butter.
The Independent
Marvel boss warned Hugh Jackman not to return as Wolverine in Deadpool 3
Actor is reprising the role for the 10th time opposite Ryan Reynolds
The Independent
Heartbreaking video shows abandoned puppy chasing owners’ car after being dumped
Bear, a German Shepherd mix puppy is now being looked after at a Fresno rescue awaiting adoption
Twentytwo13
US$1.7b in Indonesia, Azure data centre in Thailand, US$2.2b in Malaysia: All eyes on spillover effect as Microsoft goes big in SEA
Microsoft's series of investments in Indonesia, Thailand, and Malaysia are not surprising, as the tech giant had earlier announced a US$10 billion investment in AI abroad. All eyes are now on the upskilling of the local workforce and the creation of economic opportunities for governments, businesses, and communities in the region. The post US$1.7b in Indonesia, Azure data centre in Thailand, US$2.2b in Malaysia: All eyes on spillover effect as Microsoft goes big in SEA appeared first on Twentytw
INSIDER
China has a lot more missiles — with US warships and bases in its sights
China has transformed its missile stockpiles and capabilities, shaping what war would look like in the Pacific, US military leaders and experts said.
BuzzFeed
People Who Are Divorced, Tell Us Your Biggest Regrets From Your Previous Marriage
Living and learning.
SETHLUI.COM
Char Siew Yoong: Pudu’s legendary buttery, melt-in-the mouth char siew continues to reign supreme
The post Char Siew Yoong: Pudu’s legendary buttery, melt-in-the mouth char siew continues to reign supreme appeared first on SETHLUI.com.
SETHLUI.COM
Good Gai: Singapore’s first Thai fried chicken specialty store within Aperia Mall with 2 kinds of crispy chicken
The post Good Gai: Singapore’s first Thai fried chicken specialty store within Aperia Mall with 2 kinds of crispy chicken appeared first on SETHLUI.com.

Latest stories