Quiet Market

In Feb, only 185 units of 343 units launched were sold, down significantly from Jan's 328 units sold. However, prices are still holding steady.

A peek at some units sold in Feb and their median prices:
- Aalto @Jln Kechil, 2units sold, $2,619 psf (Jan: 3units at median $2,078 psf)
- Cosmo @Guillemard Cres, 41units sold, $1,098 psf
- Waterfront Waves @Bedok Reservoir, 26units sold, $808 psf
- La Casa (EC) @Woodlands, 15units sold, $557 psf
- Martin Place Residences @Kim Yam Rd, 11units sold, $1,723 psf
- Blu Coral @Telok Kurau, 9units, $872 psf
- Mt Sophia Suites @Sophia Rd, 5units, $1,709 psf (Jan: 12units at median $1,719 psf)

Over at en-bloc sale, just 1 small deal was closed, compared to 25 deals in the same period a yr ago. Freehold Ban Guan Park @Holland Rd was recently sold for $31.1m, and 52unit FH Pastoral View near Novena MRT was put up for sale at a guide price of $95m, slightly below $1k psf.

* AsiaOne-Launches , AsiaOne-Enbloc *