Property News Review – Q3 Snapshot
A total of 11 projects launched in Q3 2019 – Dunearn 386, Haus on Handy, Jervois Treasures, One Pearl Bank, VIew at Kismis, Parc Clematis, Cuscaden Reserve, Meyer Mansion, The Antares, Uptown @ Farrer and Avenue South Residence.
The higher sakes volume in 3Q 2019 is likely a result of fligth to safety amidst the uncertainty. Almost 50% of developer sales in 3Q 2019 were in the Rest of Central Region (RCR). This is down to probably 2 factors : More RCR launches in 3Q 2019 and many buyers opting to trade up to a city fringe location.