La Fiesta is best-selling new launch in Jan 2013

La Fiesta by EL Development topped the list of best-selling residential projects for the month of January recording sales of 404 units, reported Singapore Business Review.

Located in Sengkang, the condo project released 500 units for sale last month at a median price of S$1,163 psf, according to data from the Urban Redevelopment Authority (URA).

In January, a total of 2,013 private homes excluding executive condominiums (ECs) were sold while 1,799 units were launched.

After La Fiesta is Q Bay Residences in Tampines developed by Far East Organization, Frasers Centrepoint and Sekisui House. 520 units were launched of which 372 were sold at a median price of S$1,012 psf. In third spot is CapitaLand’s d’Leedon on the site of the former Farrer Court, which sold 263 units at a median price of S$1,406 psf.

The top 10 best-selling projects include The Topiary EC at Fernvale Lane by UOL and Kheng Leong (100 units at a median S$736 psf), Spottiswoode Suites at Spottiswoode Park Road by Lian Beng and Centurion (91 units at a median S$2,227 psf), Echelon at Alexandra View by City Developments (87 units at a median S$1,853 psf) and Riversails at Upper Serangoon by Allgreen Properties (49 units at a median S$856 psf).

Wrapping up the list are SP Setia’s Eco Sanctuary in Chestnut Avenue (48 units at a median S$1,138 psf), Amara Holdings and SingXpressLand’s City Life@Tampines EC (47 units at a median S$796 psf) and SeaSuites in Pasir Panjang by Link (THM) (42 units at a median S$1,665 psf).

Source : PropertyGuru – 19 Feb 2013

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