With Altura Executive Condominium, residents can enjoy various amenities, such as the pool and gym facilities. Besides, they can also choose from various shopping and dining options at the nearby West Mall. Altura EC is the perfect choice for those looking for an apartment with convenience and luxury.

Altura Executive Condominium, developed by Qingjian Realty, offers an enviable location with direct access to the Bukit Batok MRT station. It is also close to a bus interchange, providing ultimate convenience to commuters. The extended lease period on Bukit Batok West Avenue 8 ensures a stress-free stay for residents. With Altura EC, families can make the most of the nearby schools and recreation amenities, including pools and gym facilities. Besides, a wide range of shopping and dining options await at West Mall, located just a stone’s throw away from Altura Executive Condominium. Thus, making it an ideal spot for everyone.

Last month saw a record-breaking number of new private homes sold in Singapore, with 887 units sold – a jump of 80.3% month-on-month, and 37% year-on-year. This marks the fourth consecutive month of growth and the highest monthly sales since September 2022.

This surge in sales was largely due to two major launches in the Rest of Central Region (RCR) – the 638-unit Tembusu Grand by City Developments Ltd (CDL) and MCL Land along Jalan Tembusu, and the 275-unit Blossoms by the Park by EL Development along Slim Barracks Rise. The two projects combined accounted for 63% of April’s sales, with Tembusu Grand moving 354 units (56%) at a median price of $2,463 psf, and Blossoms by the Park selling 205 units (74.5%) at a median price of $2,427 psf.

Apart from the two new launches, other RCR projects included CDL and MCL Land’s Piccadilly Grand on Northumberland Road, selling 14 units at a median price of $2,045 psf, and Riviere, a condo by Frasers Property on Jiak Kim Street, with 10 units sold at a median price of $2,954 psf. The 628 units transacted in the RCR is the highest monthly tally for this submarket in 11 months, according to Wong Siew Ying, head of research and content at PropNex Realty.

Meanwhile, in the Core Central Region (CCR), 208 new private homes were sold in April, making up 23% of total sales. The Atelier, Bukit Sembawang Estates’ 120-unit freehold development on Makeway Avenue, was the top-selling CCR project with 46 units sold at a median price of $2,658 psf, followed by Leedon Green and Pullman Residences Newton, with 19 units sold at each project at a median price of $2,838psf and $3,215psf, respectively. This record-high number of foreign buyer purchases – 70 – since May 2022, could be attributed to geopolitical tensions driving foreign investment into Singapore’s safe havens.

Outside the Central Region (OCR) saw just 51 units sold in April, due to the absence of new launches and limited supply of unsold stock. The Botany at Dairy Farm and The Gazania were the top-sellers in the segment, with 12 and 10 units sold respectively at a median price of $2,087 psf and $1,755 psf.

In the EC segment, 22 units were sold in April – on par with the 21 units sold in March. The highest sales were recorded at North Gaia, the Yishun EC, which moved 18 units at a median price of $1,271 psf.

Despite the doubling in additional buyer’s stamp duty (ABSD) rate applicable for foreigners to 60%, foreign buyer demand for new homes remains strong. Blossoms by the Park saw eight units acquired by foreigners, while The Continuum saw one, making up 8% of total April’s sales. Interest in Singapore’s luxury homes for well-heeled foreign buyers has not declined significantly, according to Lee Sze Teck, senior director of research at Huttons Asia.

Going forward, home buying demand from locals and Singapore permanent residents is expected to remain supported by upcoming launches such as The Reserve Residences (the 732-unit condo by Far East Organization and Sino Group at Jalan Anak Bukit). Despite the introduction of cooling measures, foreign interest in Singapore’s properties remains strong, driven by its stable governance and strong currency.