The private housing supply in Singapore is expected to surge next year as $10.5 billion worth of en bloc deals were concluded in the first half of 2018, with many of the sites expected to launch next year, according to the PropertyGuru Property Market Outlook 2019.
This includes the highly anticipated Pearlbank Apartments in Outram, which was acquired for $728 million by CapitaLand and Pacific Mansion in River Valley, which was sold to a GuocoLand-led consortium for $938 million.