This is unsurprising, as during the 2007-2012 property market period, projects such as Reflections At Keppel Bay came up and saw a lot of losses. In District 1, projects such as The Sail @ Marina Bay, and Marina Bay Suites also saw a lot of losses. In District 9, projects such as Helios Residences and Scotts Square also saw big losses.
The oddest thing we found was that, among losing transactions, those with longer holding periods fared worse Newton Planning Area saw 57 out of 733 losses with an average loss of 15 per cent. This is higher than the 8per cent loss on average across all areas. The majority were purchased in 2007 – 2012.The Downtown Core Planning Area saw 96 out of 733 losses with an average loss of 10per cent
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