Sengkang Grand Residences new launch

The percentage of condo units offered in Q2 2019 to people having HDB addresses dropped to 29.5percent from 37.8percent in Q1, reported Singapore Business Review mentioning Edmund Tie.

Checkout the Sengkang Grand Residences new launch here.

This figure comprises HDB shareholders and upgraders who live in HDB flats.

The fall was a result of the sales quantity of buyers using HDB addresses falling 3.4percent quarter-on-quarter into 1,232 units at precisely the same quarter after increasing 33.2percent in Q1.

Data also revealed that the percentage of buyers using HDB addresses to get new sales dropped by nearly 15 percentage points. To the contrary, the fall in resale units was drastic, decreasing by just 1.6 percentage points.

Meanwhile, the percentage of condominium units offered to private fireplaces stood still at 50 percent in the last quarter.