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  • Writer's picturePauline Chua Era

๐’๐ˆ๐๐†๐€๐๐Ž๐‘๐„ ๐๐‘๐Ž๐๐„๐‘๐“๐˜ ๐Œ๐€๐‘๐Š๐„๐“: ๐Ÿ”ด ๐๐„๐– ๐๐‘๐Ž๐‰๐„๐‚๐“๐’ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ (๐†๐’๐–)

๐—ง๐—ต๐—ฒ ๐—š๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ๐—ฟ ๐—ฆ๐—ผ๐˜‚๐˜๐—ต๐—ฒ๐—ฟ๐—ป ๐—ช๐—ฎ๐˜๐—ฒ๐—ฟ๐—ณ๐—ฟ๐—ผ๐—ป๐˜ (๐—š๐—ฆ๐—ช), which extends from Pasir Panjang to Marina East, will be transformed into a new major gateway and location for urban living along Singaporeโ€™s southern coast. Development will take place in phases, starting with the former Pasir Panjang Power District, Keppel Club and Mount Faber in the next 5 to 10 years. A continuous waterfront promenade will seamlessly connect various places of interest along the Greater Southern Waterfront in future.

A few new launches in the GSW surrounding region are slated to launch in 2023, and could potentially benefit from the upside of the GSW. The first to be launched is ๐—ง๐—ฒ๐—ฟ๐—ฟ๐—ฎ ๐—›๐—ถ๐—น๐—น, a 270-unit freehold development by Hoi Hup Realty and Sunway Developments. Sitting on a hilly terrain, Terra Hill epitomises hillside luxury living amidst tranquility and great transformation. Terra Hill previews from 10 February 2023.

Scan the ๐—ค๐—ฅ ๐—–๐—ข๐——๐—˜ (๐—ฅ๐—ฒ๐—ฑ ๐—•๐—ผ๐˜…) to register for updates and showflat previews.

"๐˜›๐˜ฐ๐˜ถ๐˜ค๐˜ฉ๐˜ช๐˜ฏ๐˜จ ๐˜“๐˜ช๐˜ท๐˜ฆ๐˜ด,

๐˜Š๐˜ฐ๐˜ฏ๐˜ฏ๐˜ฆ๐˜ค๐˜ต๐˜ช๐˜ฏ๐˜จ ๐˜—๐˜ฆ๐˜ฐ๐˜ฑ๐˜ญ๐˜ฆ ๐˜›๐˜ฉ๐˜ณ๐˜ฐ๐˜ถ๐˜จ๐˜ฉ ๐˜™๐˜ฆ๐˜ข๐˜ญ ๐˜Œ๐˜ด๐˜ต๐˜ข๐˜ต๐˜ฆ."

๐๐€๐”๐‹๐ˆ๐๐„ ๐‚๐‡๐”๐€

Associate Senior Marketing Director

Huttons Asia Pte Ltd

๐——๐—ถ๐—ฑ ๐—ฌ๐—ผ๐˜‚ ๐—ž๐—ป๐—ผ๐˜„? For the whole of 2022, sales volume of new homes fell by about 36% compared with 2021. An estimated 4,500 to 4,600 units (across 21 projects) were launched in 2022 โ€“ less than half of 2021โ€™s launch volume. For the whole of 2022, private home prices grew 8.4%, slowing from 2021โ€™s 10.6% rise. Analysts are of the view that the rising interest rates will peak this year and pose marginal deterrence to new project buyers since mortgage payment is progressive. Some 50 new projects totalling 13,000 to 14,000 new home units may be launched in 2023. Over 1,500 new homes are expected in the GSW nearby districts. Two projects are highlighted here.

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