What are the top-selling luxury condos in Singapore?

The best-selling project sold 392 units in the first 8 months of this year.

A recent report from OrangeTee reveals that a total of 3,883 luxury homes were sold from January to August 2021, surpassing the annual sales from 2018 to last year. 

Midtown Modern, Irwell Hill Residences, Leedon Green, Fourth Avenue Residence, and Hyll on Holland emerged as the new luxury projects that sold the most number of units this year. In the secondary market, D'Leedon, 8 Saint Thomas, and Marina One Residences are among the most popular resale projects in CCR.

Here’s more from OrangeTee:

Prices of new luxury condominiums rose 5.2 per cent from S$2,521 psf in Q3 2020 to S$2,652 psf in Q3 2021. Resale luxury condominium prices similarly increased 7.1 per cent from S$1,773 psf to S$1,899 psf over the same period. Many super luxury new condominiums have been sold in recent months. More than 200 units were sold for more than S$3,000 psf this year including projects at 3 Cuscaden, Klimt Cairnhill, Boulevard 88, The Avenir, Midtown Modern, Midtown Bay, Sloane Residences, The M, The Atelier, and Irwell Hill Residences.

Buyers are also snapping up larger luxury condominiums in recent months. For instance, 42.3 per cent of condominium purchases in CCR were at least 1,200 sqft in Q3 2021, up from the 37.4 per cent in Q2 and 31.8 per cent in Q1. 

Similarly, demand for very large-sized luxury condominiums that are at least 1,600 sqft rose to 23.6 per cent in Q3 2021, up from the 22.1 per cent in Q2 and 18 per cent in Q1. This indicates that there are more and more deep pocketed investors in the market with the means to buy bigger and pricier luxury homes.

Photo from PropertyGuru