Singapore: 30 August 2018
Macquarie invites you to visit a few show flats, with units priced at S$2m per unit or lower. This is the sweet spot for new home sales in 2017, where ~90% of the >10,000 units sold were at this level. Private property prices recovered +5.5% from the recent trough in 2Q17, which was preceded by a strong +33% volume recovery in 2017. Subject to availability, we intend to visit Affinity at Serangoon (by Oxley), Garden Residences (Keppel Land and Wing Tai JV) and Woodleigh Residences (SPH and Kajima JV). These projects・average ASPs are circa S$1,600psf to S$2,000 psf. We end this site tour with a presentation on the Singapore Property Outlook by Mr Desmond Sim, Head of South East Asia Property Research, CBRE
Tour Pickup:
The Fullerton Hotel
1 Fullerton Square, Singapore
Tour pick-up point will be at the side entrance of The Fullerton Hotel which faces HSBC building, along Battery Road.
Brief Agenda (Subject to Change)
09:30am Meet at The Fullerton Hotel side entrance
10:00-12:30am Site visit to Affinity at Serangoon (by Oxley),
Garden Residences (Keppel Land and Wing Tai JV) and
Woodleigh Residences (SPH and Kajima JV)
1:00pm Singapore Property Outlook lunch with Mr Desmond Sim, Head of South East Asia Property Research, CBRE