Seaside Residences is matching and perhaps exceeding the price level (since this is average PSF) last seen in the King of OCR Jurong Gateway. The way forward should be very exciting, for the vested that is.
Originally Posted by
bargain hunter
correction: in total there are about 4,500 units each of balance unsold units in OCR (excluding EC) (4.6k+) and RCR (4.4k+) but logically, there should be more demand for more affordable OCR meaning that segment is undersupplied?
also, as seen above, among the projects that have 200 units or more unsold, RCR has more of such projects and totalling more units.
i would also not consider seaside residences as OCR mass market supply since the average psf is 1700psf and there could be some of such projects hidden in OCR which is not mass market.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.