Developer sold 156 Executive Condominiums (EC) units in January 2016

EC new sales bucked the trend with 156 units snapped up in the month, a 26% uptick from 124 units sold in December 2015. The Amore in Punggol topped the chart with developers effecting 24 deals in the month at a median price of $799 psf. The Brownstone at Canberra Drive, Sembawang, came in second with 21 new ECs sold at a median price of $810 psf followed by The Vales at Anchorvale Crescent, Sengkang, with 16 units sold at a median price of $803psf.

Top selling EC projects in January 2016

Project Name Street Name Cumulative Units Launched to-date Cumulative Units Sold to-date Total Number of Unsold Units Units Launched in the Month Units Sold in the Month Median Price ($psf)
The Amore Edgedale Plains 378 199 179 24 799
The Brownstone Canberra Drive 638 345 293 21 810
The Vales Anchorvale Crescent 517 172 345 16 803
Bellewaters Anchorvale Crescent 651 418 233 14 798
Sol Acres Choa Chu Kang Grove 707 378 949 13 806
Source: URA, The Edge Property