SUBSCRIBERS

Location is still the name of the game when it comes to property sales

Although Verticus At Balestier is priced 20% lower than a nearby project, it sold only 15 of its 162 units in February

Published Sun, Mar 15, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    WHEN it comes to property, it is still location, location and location that usually explains why one project sells like hot cake and another at a sedate pace.

    And it's not due to Covid-19. Last month, at The M, in the Ophir-Rochor corridor, buyers snapped up a total of 392 units or 75 per cent of the 522-unit condominium over two weekends of sales.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.