Jervois Mansion's good takeup shows growing interest in CCR projects, say analysts
Buyers drawn to attractive price points in core central region projects compared to some in RCR; successful Jervois Mansion launch likely to spark more interest in vicinity
Lisa Kriwangko
Singapore
BUYERS are eyeing the core central region (CCR) as suburban prices catch up, according to analysts. The sentiment was seen after low-rise residential enclave Jervois Mansion moved 104 apartments out of the 105 put up for sale at a median price of S$2,548 per square foot (psf) by the end of its launch weekend on Oct 16 and 17.
This includes 29 units bought during the freehold District 10 development's Very Important Person (VIP) launch on Oct 2.
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