UPPERHOUSE at Orchard Boulevard has achieved significant success, selling an estimated 53% of its units during its launch weekend. This makes it the best-selling project in the CCR for 2025, surpassing previous records set by The M in February 2020. The development’s unique location, with direct access to Orchard Boulevard MRT station, and its proximity to the Singapore Botanic Gardens and Orchard Road, have contributed to its appeal.
The project saw almost all of its three-bedroom units sold out, whilst about one-third of the four-bedroom units were purchased, indicating a strong demand from owner-occupiers. Mark Yip, CEO of Huttons Asia, noted that selling over half of the units in a CCR project is an excellent result, highlighting the resilient demand for prime homes in Singapore’s property market.
The narrowing price gap between new homes in the CCR and the Rest of Central Region (RCR) has also played a role in attracting buyers. The gap has decreased from 56.5% in 2018 to just 1.9% in the first half of 2025, suggesting potential for price growth in the CCR. Additionally, recent economic data showing a 4.2% year-on-year growth in the first half of 2025 and a dip in the 3-month SORA rates below 2.0% have boosted buyer confidence by lowering borrowing costs.
Overall, the success of UPPERHOUSE at Orchard Boulevard underscores the strong fundamentals of Singapore’s property market and the continued interest in prime CCR homes.
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