Developer Sales Fall 266 M O M May Lentor Hills Residences Tops Best Seller List Move 25 Units
Last month, developers recorded a total of 221 new private residential unit sales (excluding Executive Condos), indicating a 26.6% decline month-on-month in the private home sales market, compared to the 301 units sold in April.
The top selling project last month was Lentor Hills Residences, which achieved 25 units sold at a median price of $2,164 per square foot (psf). According to developer sales data, the project has achieved about 88% of its total sales to date, almost a year after its launch on the market.
The proposal includes the establishment of new schools in order to accommodate the increasing population. Moreover, Tampines will also witness the enhancement of healthcare facilities, including the construction of new polyclinics and nursing homes. In addition to this, the area will soon welcome the development of Parktown Residences UOL Group, adding further value to the community.
Note: This story is continuously developing, stay tuned for updates. Also, check out the latest listings for Lentor Hills Residences properties.
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