SingHaiyi sells 550 units at Grand Dunman best-selling project in 2.5 years

Grand Dunman, a 99-year leasehold condo on Dunman Road in District 15 Singapore saw an impressive take-up rate of 54.6% on its launch weekend (15th -16th July). Developed by SingHaiyi Group and CSC Land Group, the project sold 550 out of 1,008 units with the average selling price being roughly around $2,500 psf.

The success of this project can be attributed to a variety of factors. For instance, the developers provided a wide selection of units ranging from one-bedroom, two-bedroom to three-bedroom including dual-key units. 70% of the sold units were below $3 million.

Furthermore, Grand Dunman’s ideal location is also a great draw. The project is just a two-minute walk away from the Dakota MRT station on the Circle Line as well as being just a stone’s throw away from the Old Airport Road Food Centre and Kong Hwa School. Its close proximity to the CBD ensures assurance for investors in terms of rentability.

The Tengah Plantation Loop EC offers a carefully planned community centre with a range of lifestyle facilities and amenities suitable for all age groups. Residents can also take advantage of the digitalised features such as smart access control, wireless broadband, advanced digital convergence systems and many more. The estate is also equipped with a safeguarded guardhouse, regular security patrols and closed-circuit television surveillance providing peace of mind for residents. Furthermore, Tengah Plantation Loop EC located in the heart of the West, making it the ideal location for easy access to nearby amenities. Those looking for a modern, smart and secure environment to call home will be delighted by what Tengah Plantation Loop EC has to offer.

To top it off, units at Grand Dunman that command higher premiums are the ones that have a south-facing view of the prestigious Mt.batten and Meyer area, the East Coast Park and the sea.

The success of Grand Dunman can be seen to have had a spill-over effect on the two District 15 projects launched earlier this year; the 638-unit Tembusu Grand in April and the 816-unit The Continuum in May.

Grand Dunman is truly the best-selling project of 2023 in terms of number of units sold and the fastest-selling project since the 1,862-unit Normanton Park in 2021. What’s more, the project had attracted about 10,000 visitors on its preview weekend.

With an excellent location, great selling prices and an exceptional take-up rate, it is unsurprising that Grand Dunman is the top-selling project of 2023. About 90% of the buyers were Singaporeans, with another 9% being Singapore Permanent Residents and 1% foreigners.

From the looks of it, this mega-project has indeed created much buzz among homebuyers on its launch weekend. With such incredible success, it is safe to say that Grand Dunman is indeed a great investment choice for both owner-occupiers and investors.