New Private Home Sales Surged By More Than Four Times In March, Supercharged By Lentor Mansion's Successful Project Launch
New Private Home Sales Surged By More Than Four Times In March, Supercharged By Lentor Mansion's Successful Project Launch
15 April 2024, Singapore – The launch of Lentor Mansion has single-handedly boosted private new home sales in March 2024, accounting for more than half of the month's sales. Developers sold a total of 718 new private homes (ex. EC) in March, representing a more than fourfold increase from the 153 units shifted in the previous month, and the highest monthly sales in four months. On a year-on-year basis, new private home sales were up by about 46% from 492 units transacted in March 2023.
2024年4月15日，新加坡——倫託大廈的推出單槍匹馬推動了2024年3月私人新房的銷售，佔該月銷售額的一半以上。開發商共出售了718套新的私人住宅（例如EC）3月份，與上個月的153輛相比增長了四倍多，是四個月來的最高月銷量。與去年同期相比，新的私人住宅銷售量較2023年3月的492套增長了約46％。
Taking in March's sales tally along with the 304 and 153 units sold in January and February respectively, developers sold a total of 1,175 new units (ex. EC) in Q1 2024 – up by 7.6% from 1,092 new units shifted in Q4 2023 but lower than the 1,256 units sold in Q1 2023.
考慮到3月份的銷售總額以及1月和2月分別售出的304套和153套，開發商共售出了1,175套新單元（例如歐共體）2024年第一季度——較2023年第四季度新增1,092套增長7.6％，但低於2023年第一季度的1,256套。
Among the four fresh projects launched in March, it was Lentor Mansion (see Table 3) that captivated the market the most. It is the best-performing new launch project since the 368-unit J'den in Jurong East made the headlines, when it garnered a take-up rate of 88% at launch in November 2023. In March, Lentor Mansion sold 409 (77%) out of its 533 units in the month at a median price of $2,269 psf. Two of the new launches during the month were boutique developments Ardor Residence and Koon Seng House which sold 1 and 2 units respectively. Meanwhile, the 267-unit Lentoria – the second top-selling project in March - moved 60 units at a median price of $2,129 psf.
Source: PropNex Research, URA
資料來源：市建局PropNEX Research
The OCR shines
OCR 大放異彩
Owing to the launch of Lentoria and Lentor Mansion, along with sales at a clutch of projects in the Outside Central Region (OCR), this sub-market led developers' sales in March, and it accounted for an overwhelming 84% or 605 units (ex. EC) of the month's transactions – up sharply from 58 units sold in February. The other OCR projects that had helped to boost sales included The Botany at Diary Farm that shifted 33 units at a median price of $2,030 psf, Lentor Hills Residences which sold 29 units at a median price of $2,114 psf, Hillhaven which moved 16 units at a median price of $2,074 psf, The Myst which sold 13 units at a median price of $1,996 psf, and Hillock Green where 12 units were sold at a median price of $2,168 psf. Of note, Ki Residences at Brookvale sold its last three units in March, and the 660-unit project is now fully sold, based on the URA data.
由於Lentoria和Lentor Mansion的推出，以及該地區許多項目的銷售 中部地區以外 (OCR)，該子市場在3月份引領了開發商的銷售，佔壓倒性的84％，即605套（例如EC）本月的交易量——較2月份售出的58套大幅上升。其他幫助促進銷售的OCR項目包括Diary Farm的The Botany，該項目以每平方英尺的中位價爲2,030美元的價格轉移了33套， 倫特山公寓 它以每平方英尺2,114美元的中位價售出了29套， 希爾黑文 它以每平方英尺2,074美元的中位價出售了16個單位， 神祕之處 它以每平方英尺中位數1,996美元的價格售出了13套，以及 希洛克格林 其中12個單位的售價中位數爲每平方英尺2,168美元。值得注意的是， 布魯克維爾的 Ki 公寓 根據市建局的數據，該項目在3月份售出了最後三個單元，660個單元的項目現已全部售出。
The Core Central Region (CCR) also saw higher developers' sales from February to March, with 47 units transacted in the month – up from 34 units sold in February. Watten House was the star performer in the CCR with 12 transactions at a median price of $3,255 psf, followed by 19 Nassim which sold 11 units at a median price of $3,304 psf. Since the preview sales in November 2023, Watten House has now sold 134 (74%) out of its 180 units. Meanwhile, Pullman Residences Newton and Leedon Green are completely sold out, following units transacted in March.
這個 核心中部區域 (CCR) 開發商在2月至3月的銷售量也有所增加，該月成交了47套，高於2月份的34套。 Watten House 是CCR的表現最佳，共進行了12筆交易，中位價爲每平方英尺3,255美元，其次是 19 納西姆 它以每平方英尺3,304美元的中位價售出了11套。自2023年11月預售以來，Watten House現已售出180套中的134套（74％）。同時，牛頓鉑爾曼公寓和 Leedon Green 繼3月份成交的單位之後，已完全售罄。
Over in the Rest of Central Region (RCR), developers sold 66 new units in March, marking an 8% increase from the 61 units transacted in the previous month. Grand Dunman and The Continuum were the most popular RCR projects in March, each selling 11 units at a median price of $2,474 psf and $2,786 psf respectively. They were followed by Pinetree Hill which sold 10 units, and The Landmark where 9 units changed hands. Meanwhile, new launches Koon Seng House transacted 2 units at a median price of $2,357 psf, while Ardor Residence sold 1 unit at $2,465 psf.
在 中部地區其他地區（RCR）， 開發商在3月份售出了66套新單元，較上個月交易的61套增長了8％。 Grand Dunman 和 連續體 是3月份最受歡迎的RCR項目，每個項目售出11套，中位價分別爲每平方英尺2474美元和每平方英尺2786美元。他們緊隨其後的是 松樹山 售出了 10 臺，而且 地標酒店 其中 9 個單位易手。同時，新推出的Koon Seng House以每平方英尺2,357美元的中位價出售了2套住房，而Ardor Residence則以每平方英尺2465美元的價格出售了1套。
In the EC segment, new sales jumped from 34 units in February to 114 units in March, thanks to sales at Lumina Grand EC, which sold 86 new units at a median price of $1,528 psf. The 512-unit Lumina Grand – which is expected to be the only EC project launch in 2024 – is 72% (370 units) sold as at end-March. The number of unsold ECs remains tight at 358 units, with most of the units at North Gaia and Lumina Grand.
在 等等 細分市場，新增銷量從2月份的34輛躍升至3月份的114輛，這要歸功於銷量 Lumina Grand 歐共體以每平方英尺1,528美元的中位價售出了86套新單元。截至3月底，共有512個單元的Lumina Grand——預計這將是歐共體在2024年推出的唯一一個項目——的銷量爲72％（370輛）。未售出EC的數量仍然緊張，爲358臺，其中大部分爲 北蓋亞 還有 Lumina Grand。
Developers placed a total of 877 new units (ex. EC) for sale in March – up markedly from the 45 units (ex. EC) released for sale in the previous month. This is the highest number of units launched for sale by developers since 970 units came on in November 2023.
開發商共投放了877個新單元（例如EC) 3月份的銷售量——明顯高於45個單位（例如EC) 於上個月發佈發售。這是自2023年11月推出970套以來，開發商推出的待售單位數量最多的一次。
Ms Wong Siew Ying, Head of Research & Content, PropNex Realty:
Propnex Realty研究與內容主管黃秀英女士：
"The OCR has helped to turbocharge developers' sales in March, mostly thanks to the strong sales at Lentor Mansion, which sold 409 units in the month. The launch of Lentor Mansion and Lentoria had also helped to channel some buying interest to other new projects nearby, such as Lentor Hills Residences and Hillock Green. Notably, the 605 new units (ex. EC) transacted in the OCR in March – representing 84% of overall monthly new home sales - is the highest figure for this sub-market in 18 months, since 686 OCR units were sold in September 2022.
“OCR幫助推動了開發商在3月份的銷量，這主要歸功於倫託大廈的強勁銷售，該月售出了409套。Lentor Mansion和Lentoria的推出也有助於將一些購買興趣引導到附近的其他新項目，例如倫特山公寓和希洛克·格林。值得注意的是，605 個新單位（例如EC）在3月份的OCR交易——佔每月新屋總銷售額的84％——是該子市場自2022年9月售出686套OCR單元以來18個月來的最高數字。
Typically, the new home sales volume is directly related to the launches that come on in the month. The surge in developers' sales in March came amidst a pick-up in the number of launched units. Looking at the new projects put on the market so far this year, Lentor Mansion is the largest development with a total of 533 units. The greater availability of units at Lentor Mansion, its attractive price quantum, convenient location, and efficient layout of units are factors that have drawn buyers in.
通常，新屋銷售量與本月的發佈量直接相關。3月份開發商的銷售額激增是在已上市單位數量增加的情況下出現的。從今年迄今爲止投放市場的新項目來看，倫特大廈是最大的開發項目，共有533個單元。Lentor Mansion單位的可用性增加，其誘人的價格，便利的地理位置和高效的單元佈局是吸引買家的因素。
For now, three new projects are expected to hit the market in April, being the 142-unit The Hill @ One-North, and two boutique developments The Hillshore (59 units), and 32 Gilstead (14 units). Luxury project 32 Gilstead has been launched for sales booking on 15 April. The Hillshore and The Hill @ One-North – both in District 5 in the RCR – will be launched for sale this coming weekend (20 April). With April's new launches offering fewer units, we anticipate that developers' sales could likely underperform March's new home sales volume.
目前，預計有三個新項目將在4月上市，即142個單元 山丘 @ One-North，以及兩個精品開發項目 希爾肖爾 （59 個單位），以及 32 吉爾斯特德 （14 個單位）。豪華項目32 Gilstead已於4月15日啓動銷售預訂。Hillshore和The Hill @ One-North——均位於RCR的第5區——將於下週末（4月20日）上市。由於4月份新推出的房屋數量減少，我們預計開發商的銷售表現可能會低於3月份的新屋銷售量。
The Hill @ One-North will be the latest project to be launched in the one-north precinct, following Blossoms by the Park which sold more than 70% of its 275 units when it hit the market in April 2023. As at end-March 2024, Blossoms by the Park is about 88% (241 units) sold, according to URA's data. Going by the positive response to Blossoms by the Park, we expect The Hill @ One-North to attract interest from home buyers.
Hill @ One-North 將是在 “一北” 區域啓動的最新項目，其次是 公園旁的花朵 該公司在2023年4月上市時售出了275套產品中的70％以上。根據市建局的數據，截至2024年3月底，公園花開的銷量約爲88％（241套）。從對 Blossoms by the Park 的積極回應來看，我們預計The Hill @ One-North將吸引購房者的興趣。
Looking at the median transacted unit price of non-landed new private homes sold (ex. EC), the OCR and CCR led the price growth from February to March, rising by 9.2% MOM and 4.5% MOM respectively, while the median price in the RCR dipped slightly by 0.8% MOM in March (see Table 1). The median price growth in the OCR came on the back of transactions at new launches Lentor Mansion and Lentoria. Notably, Lentor Mansion being the first project to be affected by the GFA harmonisation rule has posted higher $PSF unit price, which likely contributed to the increase. Meanwhile, sales at Watten House, 19 Nassim, One Bernam, and Klimt Cairnhill during the month have helped to prop up CCR prices. Prices in the RCR were relatively flat amid the stable transaction volume from February to March.
查看已售非有地新私人住宅的交易單位價格中位數（例如歐洲共同體），OCR和CCR帶動了2月至3月的價格增長，分別環比上漲9.2％和4.5％，而RCR的中位數在3月份環比略有下降0.8％（見表1）。OCR的中位數價格增長得益於新推出的Lentor Mansion和Lentoria的交易。值得注意的是，Lentor Mansion是第一個受GFA協調規則影響的項目，公佈了更高的PSF單價，這可能是上漲的原因。同時，位於納西姆19號的Watten House的銷售， One Bernam，以及 Klimt Cairnhill 本月幫助支撐了CCR的價格。在2月至3月交易量穩定的情況下，RCR的價格相對持平。
Table 1: Median unit price ($PSF) of new non-landed private homes sold by Region by Month
表 1：按地區按月劃分的新售非有地私人住宅的單位價格中位數（每平方英尺美元）
CCR | RCR | OCR | |
Jan-23 | $2,884 | $2,589 | $2,083 |
Feb-23 | $2,947 | $2,688 | $2,120 |
Mar-23 | $2,920 | $2,614 | $2,065 |
Apr-23 | $2,890 | $2,461 | $1,993 |
May-23 | $2,919 | $2,525 | $2,154 |
Jun-23 | $2,903 | $2,615 | $1,989 |
Jul-23 | $2,902 | $2,499 | $2,087 |
Aug-23 | $2,862 | $2,610 | $2,068 |
Sep-23 | $3,115 | $2,535 | $2,070 |
Oct-23 | $3,242 | $2,401 | $2,078 |
Nov-23 | $3,195 | $2,563 | $2,336 |
Dec-23 | $2,962 | $2,621 | $2,120 |
Jan-24 | $3,182 | $2,575 | $2,079 |
Feb-24 | $3,121 | $2,549 | $2,059 |
Mar-24 | $3,263 | $2,528 | $2,248 |
Mar-24 MOM % change | 4.5% | -0.8% | 9.2% |
CCR | RCR | 光學字符識別 | |
1 月 23 日 | 2,884 美元 | 2,589 美元 | 2,083 美元 |
2 月 23 日 | 2,947 美元 | 2,688 美元 | 2,120 美元 |
3 月 23 日 | 2,920 美元 | 2,614 美元 | 2,065 美元 |
4 月 23 日 | 2,890 美元 | 2,461 美元 | 1,993 美元 |
5 月 23 日 | 2,919 美元 | 2,525 美元 | 2,154 美元 |
6月23日 | 2,903 美元 | 2,615 美元 | 1,989 美元 |
7 月 23 日 | 2,902 美元 | 2,499 美元 | 2,087 美元 |
8 月 23 日 | 2,862 美元 | 2,610 美元 | 2,068 美元 |
9 月 23 日 | 3,115 美元 | 2,535 美元 | 2,070 美元 |
10 月 23 日 | 3,242 美元 | 2,401 美元 | 2,078 美元 |
11 月 23 日 | 3,195 美元 | 2,563 美元 | 2,336 美元 |
12 月 23 日 | 2,962 美元 | 2,621 美元 | 2,120 美元 |
1 月 24 日 | 3,182 美元 | 2,575 美元 | 2,079 美元 |
2 月 24 日 | 3,121 美元 | 2,549 美元 | 2,059 美元 |
3 月 24 日 | 3,263 美元 | 2,528 美元 | 2,248 美元 |
3月24日環比變化百分比 | 4.5% | -0.8% | 9.2% |
Source: PropNex Research, URA Realis (retrieved on 15 April 2024)
資料來源：PropNEX Research，URA Realis（檢索於 2024 年 4 月 15 日）
In March, the proportion of non-landed new private home sales (ex. EC) to foreigners (non-PR) stood at 1.8% (see Table 2) – lower than the 2.6% in the previous month. In absolute terms, there were 13 transactions to foreigners (NPR) in the month, compared with 4 transactions in February. The 13 transactions to foreigners are for units in various projects across the three sub-markets - 4 units at Lentor Mansion, 2 units at Watten House, and one unit each at 19 Nassim, Blossoms by the Park, Klimt Cairnhill, Perfect Ten, Pinetree Hill, Pullman Residences Newton, and Sceneca Residence. (Unable to determine the buyer's nationality by country as such data by project is not available on Realis.)
3月份，非有地新建私人住宅銷售比例（例如歐共體）對外國人（非永久居民）的比例爲1.8％（見表2），低於上個月的2.6％。按絕對值計算，本月有13筆針對外國人的交易（NPR），而2月份爲4筆交易。向外國人進行的13筆交易涉及三個子市場中不同項目的單位——倫託大廈的4套住房，Watten House的2套住房，位於19號Nassim、Blossoms by the Park、Klimt Cairnhill各有一個單元， 完美十強、松樹山、牛頓鉑爾曼公寓和 Sceneca 住宅。 （無法按國家確定買家的國籍，因爲Realis上沒有按項目劃分的數據。）
Table 2: Proportion of non-landed new private home sales (ex. EC) by nationality by residential status by month
表 2：比例 非有地新私人住宅銷售 （例如EC) 按國籍按月按居住身份分列
Nationality by Residential Status | Mar-23 | Apr-23 | May-23 | Jun-23 | Jul-23 | Aug-23 | Sep-23 | Oct-23 | Nov-23 | Dec-23 | Jan-24 | Feb-24 | Mar-24 |
Company | 0.5% | 0.1% | - | - | - | - | - | - | - | - | - | - | - |
Foreigner (NPR) | 8.9% | 7.8% | 3.0% | 4.7% | 1.3% | 2.5% | 5.4% | 6.3% | 1.7% | 3.6% | 1.0% | 2.6% | 1.8% |
Singapore Permanent Residents (PR) | 13.7% | 9.7% | 10.4% | 12.2% | 9.9% | 16.8% | 11.9% | 9.5% | 12.3% | 9.4% | 10.1% | 14.4% | 6.6% |
Singaporean | 77.0% | 82.4% | 86.6% | 83.1% | 88.8% | 80.7% | 82.7% | 84.1% | 86.0% | 87.0% | 88.9% | 83.0% | 91.6% |
按居住身份劃分的國籍 | 3 月 23 日 | 4 月 23 日 | 5 月 23 日 | 6月23日 | 7 月 23 日 | 8 月 23 日 | 9 月 23 日 | 10 月 23 日 | 11 月 23 日 | 12 月 23 日 | 1 月 24 日 | 2 月 24 日 | 3 月 24 日 |
公司 | 0.5% | 0.1% | - | - | - | - | - | - | - | - | - | - | - |
外國人（美國國家公共電臺） | 8.9% | 7.8% | 3.0% | 4.7% | 1.3% | 2.5% | 5.4% | 6.3% | 1.7% | 3.6% | 1.0% | 2.6% | 1.8% |
新加坡永久居民 (PR) | 13.7% | 9.7% | 10.4% | 12.2% | 9.9% | 16.8% | 11.9% | 9.5% | 12.3% | 9.4% | 10.1% | 14.4% | 6.6% |
新加坡人 | 77.0% | 82.4% | 86.6% | 83.1% | 88.8% | 80.7% | 82.7% | 84.1% | 86.0% | 87.0% | 88.9% | 83.0% | 91.6% |
Source: PropNex Research, URA Realis (retrieved on 15 April 2024)
資料來源：PropNEX Research，URA Realis（檢索於 2024 年 4 月 15 日）
Meanwhile, the proportion of non-landed private new home sales to Singaporeans rose from 83% to nearly 92% from February to March, possibly due to more local buyers drawn to the OCR launches in the month. The portion of buyers who are Singapore PRs fell to 6.6% in March from about 14% in the previous month (See Table 2)."
同時，從2月到3月，向新加坡人出售的非有地私人新房的比例從83％上升到近92％，這可能是由於本月推出的OCR吸引了更多的本地買家。新加坡永久居民的買家比例從上個月的約14％下降至3月份的6.6％（見表2）。”
Table 3: Top-Selling Private Residential Projects (Ex. EC) in March 2024
表 3：最暢銷的私人住宅項目（例如EC) 於 2024 年 3 月
S/N | Project | Region | Units Sold in March 2024 | Median Price in March 2024 ($PSF) |
1 | LENTOR MANSION | OCR | 409 | $2,269 |
2 | LENTORIA | OCR | 60 | $2,129 |
3 | THE BOTANY AT DAIRY FARM | OCR | 33 | $2,030 |
4 | LENTOR HILLS RESIDENCES | OCR | 29 | $2,114 |
5 | HILLHAVEN | OCR | 16 | $2,074 |
6 | THE MYST | OCR | 13 | $1,996 |
7 | HILLOCK GREEN | OCR | 12 | $2,168 |
WATTEN HOUSE | CCR | 12 | $3,255 | |
8 | 19 NASSIM | CCR | 11 | $3,304 |
GRAND DUNMAN | RCR | 11 | $2,474 | |
THE CONTINUUM | RCR | 11 | $2,786 | |
9 | PINETREE HILL | RCR | 10 | $2,485 |
POLLEN COLLECTION | OCR | 10 | $2,256 | |
10 | THE LAKEGARDEN RESIDENCES | OCR | 9 | $2,143 |
THE LANDMARK | RCR | 9 | $2,873 |
S/N | 項目 | 區域 | 2024 年 3 月售出的單位 | 2024 年 3 月的平均價格（每平方英尺美元） |
1 | LENTOR 豪宅 | 光學字符識別 | 409 | 2,269 美元 |
2 | LENTORIA | 光學字符識別 | 60 | 2,129 美元 |
3 | 奶牛場的植物學 | 光學字符識別 | 33 | 2,030 美元 |
4 | 倫特山住宅 | 光學字符識別 | 29 | 2,114 美元 |
5 | HILLHAVEN | 光學字符識別 | 16 | 2,074 美元 |
6 | 神祕之處 | 光學字符識別 | 13 | 1,996 美元 |
7 | 小丘綠 | 光學字符識別 | 12 | 2,168 美元 |
WATTEN HOUSE | CCR | 12 | 3,255 美元 | |
8 | 19 納西姆 | CCR | 11 | 3,304 美元 |
大鄧曼 | RCR | 11 | 2,474 美元 | |
連續體 | RCR | 11 | 2,786 美元 | |
9 | 松樹山 | RCR | 10 | 2,485 美元 |
花粉採集 | 光學字符識別 | 10 | 2,256 美元 | |
10 | 湖畔花園住宅 | 光學字符識別 | 9 | 2,143 美元 |
里程碑 | RCR | 9 | 2,873 美元 |
Source: PropNex Research, URA (15 April 2024)
資料來源：市建局PropNEX Research（2024年4月15日）
譯文內容由第三人軟體翻譯。