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Nouvel 18's like exclusive honey to China bees

Despite 20% ABSD, non-PR buyers pick up about 90% of the 17 units sold since start of sales on July 18

The average selling price of Nouvel 18 is S$3,300 psf - 20% higher than the S$2,750 psf valuation for the project for the 2016 securitisation exercise.


MAINLAND Chinese buyers continue to mop up luxe condo units in Singapore.

At the completed freehold Nouvel 18 project in the posh Ardmore Park area, they are the predominant nationality among the foreign buyers who have picked up about 90 per cent of the 17 units that...

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