In part 1 of our study of Grandeur Park Residences, which we published on Jan 27, we uncovered that this 99-year leasehold, 720-unit project managed to deliver on its promises: it was competitively priced compared to its neighbours, and beat District 16 (D16) for percentage gains in $PSF.
However, we also determined its price growth seemed constrained by this same advantage, causing a mediocre performance versus the Singapore-wide leasehold market.
In the next part of this two-part analysis of Grandeur Park Residences, we’ll look at who actually made money at Grandeur Park Residences, and why resale outcomes varied so widely despite the project’s broadly stable performance.
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