Artist impression of the Double Bay Residences in Simei. -- PHOTO: UOL
THE market for new homes is quiet as most developers and potential buyers have taken time off for the year-end holidays.
'If you are going to sell one or two units now, you might as well close shop and wait till next year,' said Cushman & Wakefield managing director Donald Han.
'Salespeople and consultants have worked very hard this year. So, to be fair, they need a break.'
But for those potential buyers itching to check out new projects, a fair number of showflats are still open. These are mostly projects launched in recent months.
A list compiled by property consultancy Knight Frank shows there are at least 35 showflats staying open this month.
Those keen on mass-market projects can check out Waterfront Key in Bedok Reservoir, Livia in Pasir Ris, Double Bay Residences in Simei and Trevista in Toa Payoh.
Read the full report in The Sunday Times.