Emerald of Katong Leads 2024 Sales, Pricy Units Spark Curiosity

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Emerald of Katong Leads 2024 Sales, Pricy Units Spark Curiosity
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Emerald of Katong (EOK) has emerged as the top-selling launch of 2024, with a high initial sell-out rate despite the post-COVID price hikes. However, the high prices of smaller units have raised questions about alternative housing investments. The Collective, a nearby development, offers a comparable option for the same price, providing easy access to amenities and public transport but with the drawback of significant traffic and limited green spaces.

As we approach December, Emerald of Katong (EOK) stands out as the best-selling launch of 2024, and possibly beyond. Typically, a project of EOK's scale hasn't seen such a high initial sell-out rate, especially considering the post-COVID price hikes. While EOK was competitively priced, some smaller units were sold at unexpectedly high prices, sparking curiosity about what alternatives exist for similar investments. For instance, $1.

38 million, the average price for a one-bedder at EOK, could secure a one-bedder unit in other new projects like The Collective, which is currently available for purchase and is expected to be completed by 2029. The Collective, a leasehold development near the Dhoby Ghaut, Bugis, and Little India areas, offers easy access to amenities and public transport but is also surrounded by traffic with limited green spaces

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