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What is the market trend in the east region
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In the East region of Singapore, several trends and developments are noteworthy for the real estate market as of 2025:
New Launches
The East region is expected to see a significant number of new property launches in 2025. For instance, Roxy-Pacific's Bagnall Haus, a 113-unit freehold condominium located on Upper East Coast Road, has already drawn strong interest, attracting over 1,500 visitors during its first weekend of preview. This indicates a robust demand for new developments in the area.
Demand for Properties Near MRT
There is an increasing demand for properties located near MRT stations, driven by rising costs of living and higher COE rates. This trend is likely to continue, with properties in the East region that are conveniently located near MRT stations expected to remain popular among buyers.
Resale Market
Resale flat prices in the East region, like the broader HDB market, have seen consistent growth. In the 4th quarter of 2024, resale flat prices rose by 2.5%, marking the 19th consecutive quarter of price increases. This stability in the resale market suggests ongoing demand for housing in the region.
Collective Sales
Some older properties in the East region are being put up for collective sale, offering opportunities for redevelopment. While this trend is not unique to the East, it reflects the broader market sentiment where older properties are being redeveloped to meet modern housing demands.
Buyer Preferences
Buyers in the East region, particularly families and existing residents, are showing a preference for properties that offer a balance of location, amenities, and pricing. This is evident from the interest in projects like Bagnall Haus, which caters to local demand for quality housing in a desirable location.
These trends indicate a vibrant and dynamic real estate market in the East region, driven by a mix of new launches, convenient locations, and ongoing demand for housing.
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