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

Hardly any other area in Singapore can compete with the range of activities and amenities the Tengah Plantation Loop EC has to offer. Shopping malls, restaurants, golf courses, cinemas and parks are all located within close proximity. This allows residents a great quality of life and plenty of recreation options when taking a break from work. One of the best features of this luxurious EC is the upcoming Tengah Forest Town, designed to bring nature closer to home.

When it comes to modern living, nobody does it better than Tengah Plantation Close EC. Not only does it come with a long list of impressive amenities and facilities, it is also equipped with the latest high-tech gadgets and innovative designs. Be it for business or pleasure, this EC definitely has countless options for the modern resident.

Grand Dunman’s launch weekend (July 15-16) was a huge success, with 550 units out of the 1,008 snapped up. This reflects a take-up rate of 54.6% and an average selling price of around $2,500 psf.

SingHaiyi Group and CSC Land Group are the joint developers of Grand Dunman, which has become the fastest-selling project of 2023. Most buyers (90%) are Singaporeans, 9% are Singapore Permanent Residents, and 1% were foreigners, according to Gary Lim, SingHaiyi Group head of sales and marketing.

A good spread of unit types, ranging from one- to three-bedroom units, including dual-key units, were sold. Of these, around 70% were priced at or below $3 million.

“Grand Dunman’s exceptional performance makes it the best-selling project of 2023 in terms of number of units sold,” says Ismail Gafoor, CEO of PropNex. He adds that it provides homebuyers with more unit types and sizes options.

Mark Yip, CEO of Huttons Asia, points out that Grand Dunman is the top-selling project since the 1,862-unit Normanton Park, which sold about 600 units on its launch weekend in January 2021. This makes it the best-selling project in 2.5 years.

With close proximities to key amenities such as the Dakota MRT station (Circle Line), the CBD, the Old Airport Road Food Centre and the Katong heritage area, Grand Dunman was a hot purchase, with over 10,000 visitors on its preview weekend. Additionally, it is within 1km of Kong Hwa School, a famous primary school.

The success of Grand Dunman had a spill-over effect, with 15% of units sold at Verdale on the launch weekend and 268 viewings at Parc Greenwich, which taps into the low EC supply in the Seletar neighbourhood.

Units at Grand Dunman that are most sought after are south-facing, with a view onto the exclusive Mountbatten and Meyer area, the East Coast Park and the sea. Marcus Chu, CEO of ERA Singapore confirms this.

Grand Dunman is situated in prime District 15, close to many amenities. To check out the latest listings near Grand Dunman, Normanton Park, Dunman Road, Dakota MRT station, Kong Hwa School, head to EdgeProp Landlens.