5 Bestselling New Property Launches of October

What are the top selling projects by developers this month? In this article, based on analysis done at PropertyMarketInsights.com, we will share with you the five bestselling non-landed projects launched by developers in October 2012 ranked by the number of units sold, based on URA data. This list is a quick way for you to identify new projects that are selling well. Looking at the location, number of units sold and prices, you can get a sense of where the hot areas and projects are, and potentially spot interesting opportunities in projects that are nearby that could be selling at a significant discount.

5. eCO, 149 Units Sold

(All map screenshots are taken from OneMap.sg)

eCO sold 149 units in October, taking fifth place. The 99 year leasehold condominium is expected to be completed by 2017 with 748 units. eCO offers nature-centric facilities like a garden boulevard trail, play garden, fitness garden, flower terraces and rain garden pavilion. eCO is located at Bedok South Avenue 3 near Tanah Merah MRT and Bedok MRT. Nearby schools include Bedok View Secondary School and Bedok Green Primary School. Residents can visit nearby Sheng Siong Supermarket or NTUC Fairprice for daily amenities.

4. Waterbay, 221 Units Sold

With 221 units sold in October, Waterbay is at fourth place. The 99 year leasehold executive condominium is expected to be completed by 2016 with 383 units. Some of Waterbay’s more unique features include a sun lounge, cascading waterfall, reading pavilion, chill-out pavilion, hydro gym and rain shower. Waterbay is located at 45 Edgefield Plains, within Punggol Central. It is near Punggol MRT and Sengkang MRT. Nearby schools include Punggol Secondary School and Edgefield Primary School. Residents can visit nearby Cold Storage or NTUC Fairprice supermarkets for daily amenities.

3. Riversails, 271 Units Sold

With 271 units sold in October, Riversails takes third place. The 99 year leasehold condominium is expected to be completed by 2017 with 928 units. River Sails offers an interesting array of facilities like jungle gym, mini theatre, stage of tales, island swirl spa, green trellis, camping lawn, paddle boats and yoga pool. Riversails is located at 20, Upper Serangoon Crescent, near Hougang MRT and Buangkok MRT. Nearby schools include Pei Hwa Secondary School and Fernvale Primary School. Residents can go to Compass Point and Rivervale Plaza for daily amenities.

2. Skies Miltonia, 309 Units Sold

With 309 units sold in October, Skies Miltonia takes second place. The 99 year leasehold condominium is expected to be completed by 2016 with 420 units. Some of Skies Miltonia’s more outstanding features include a shuttle bus service, rain canopy, sky gym, meditation garden, celebration lawn, water spa alcoves. Skies Miltonia is located at 45 Miltonia Close near Khatib MRT and Yishun MRT. Nearby schools include Northbrooks Secondary School and Naval Base Primary School. Residents can visit nearby Cold Storage, NTUC Fairprice supermarkets or Northpoint Shopping Centre for daily amenities.

1. Heron Bay, 354 Units Sold

Heron Bay tops the list with 354 units sold in October. The 99 year leasehold condominium is expected to be completed by 2016 with 394 units. Some of Heron Bay’s feature highlights include a discovery trail, water edge viewing deck, aqua adventure corner, eco trellis, rainforest skylight, hydro spa pool and sensory trail. Heron Bay is located at Upper Serangoon View near Hougang MRT and Khatib MRT. Nearby schools include Serangoon Secondary School and Rivervale Primary School. Residents can visit Sheng Siong, Cold Storage, NTUC Fairprice supermarkets or Hougang Plaza, Hougang Mall and Compass Point for daily amenities.

Now that you know what new properties are selling well, use this knowledge to your advantage. Identify market trends and choose the right time to make your move. Till next month!

Want a longer list of the bestselling new sale projects? Or a list of the cheapest ones? You can get this and much more at PropertyMarketInsights.com, a site that helps investors spot opportunities and time their Singapore property purchases. Click here to get your FREE report on Understanding the Property Market Cycle to invest profitably now*.
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