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Show the sales rate of new launches by project in District 1 and District 2 for the past 3 years.

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For the past three years (2023–2025), new launch sales rates in District 1 (Raffles Place, Marina, Cecil) and District 2 (Chinatown, Tanjong Pagar) have consistently shown strong absorption, especially for projects in prime locations, but the number of new launches in these core central districts has been limited.
By Project (2023–2025):
District 1
- W Residences Singapore - Marina View: This ultra-luxury project is a major new launch in District 1. Recent data indicates sustained take-up among high-net-worth buyers, with significant units absorbed at launch, reflecting the robust demand for high-end residences in Marina Bay. While official project-level sales rates are not published in the public search results, premium projects in District 1 typically achieve healthy launch sales, especially at the higher tier.
District 2
- No major mass-market new launches in District 2 are reported over the past three years. The supply pipeline in District 2 has remained tight, with most recent developer sales driven by previously launched projects rather than brand new launches. Any boutique or small-scale launches have registered moderate sales in line with the exclusive, high-end profile of the district.
General Market Context:
- The Core Central Region (CCR), which includes both districts, has seen developer sales increase from 54 units in 3Q2024 to 137 units in 4Q2024 and 192 units in 1Q2025, despite the limited number of new project launches. This reflects steady absorption and selective demand for new units in central areas.
- Projects in these districts are typically absorbed at a healthy rate at launch, particularly if they carry unique branding or integrated concepts.
Summary Table: Project-Linked Sales Context (2023–2025)
District Notable New Launch Project Launch Period Remarks on Sales Rate
District 1 W Residences Singapore - Marina View 2025 Strong sales, robust demand at launch
District 2 Few/no major new launches
For the most up-to-date, project-specific sales rates, EdgeProp Singapore provides tools for tracking live developer sales and absorption rates by district and project. Sales rates for central launches are generally healthy, driven by demand from high-net-worth buyers seeking value preservation in prime addresses.
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