Official ShowFlat Preview On 1st July Official Sales Launch On 15 July Direct Developer Price • 0% Commission Payable Get VVIP Early-Bird Discount + E-Visit Pass

Grand Dunman Condo: A Resounding Success in Singapore’s Property Market – Over 50% Units Sold During Launch Weekend!


Singapore’s property market is abuzz with excitement as Grand Dunman, the latest condominium development by SingHaiyi Group and CSC Land Group, made waves during its launch weekend. With over half of its 1,008 units sold at an impressive average price of $2,500 per square foot (psf), Grand Dunman has become the talk of the town. In this article, we delve into the reasons behind its success, the unit breakdown, and why it has captured the hearts of both homebuyers and investors alike.

A Well-Received Debut: Grand Dunman’s developers were thrilled to announce that 54.6% of the available units were sold within the first weekend of the official launch. The buyers were particularly drawn to the south-facing units with unblocked views, offering picturesque vistas of the Goodman vicinity, the sea, and beyond. This prime location attracted a wide range of buyers seeking a perfect blend of comfort, convenience, and accessibility.

Unit Breakdown and Buyer Preferences: During the launch, two-bedroom units emerged as the most sought-after option, with 77% of them being sold at a starting price of $1.55 million, equivalent to $2,330 psf. Following closely behind, three-bedroom units saw a sale of 61% of the available inventory, starting at $2.21 million with a psf price of $2,309. For one-bedroom units, 58% were snapped up, featuring a starting price of $1.09 million and $2,418 psf.

The sales breakdown revealed an interesting trend among buyers. One-bedroom units and smaller two-bedders were popular among investors, in line with past market statistics. On the other hand, a mix of investors and owner-occupiers showed keen interest in two-bedroom units that come with a study. Larger units, on the other hand, were predominantly purchased by buyers intending to reside in them.

A Melting Pot of Buyers: Grand Dunman appealed to a diverse pool of buyers, with approximately 90% being Singaporean citizens, 9% permanent residents, and 1% foreigners. However, it remains uncertain whether the foreign buyers were subject to the new additional buyer’s stamp duty rules, which saw the tax doubled to 60% in late April. Nevertheless, the condo’s attractive location and competitive pricing resonated strongly with local buyers.

The Allure of the Location: One of the key factors contributing to Grand Dunman’s remarkable success is its strategic location. Situated in Dunman Road, the development is merely a two-minute walk from Dakota MRT station, providing seamless connectivity for residents. Families also appreciate its proximity to well-regarded schools such as Kong Hwa School, Chung Cheng High School (Main), and Tanjong Katong Girls’ School.

Furthermore, the convenience of easy access to the Paya Lebar commercial hub, Suntec City, Beach Road, and the Central Business District further sweetened the deal for potential buyers. In a city where access to public transport nodes has become highly desirable, Grand Dunman’s location undoubtedly hit the mark.

Pricing and Market Sensitivity: Market analysts attribute the project’s success not only to its location but also to the developers’ careful consideration of prevailing market sentiment. By setting prices sensitively and aligning them with the “sweet spot pricing” of around $2.5 million, the developers catered to the needs of both homebuyers and investors. Additionally, the recent surge in certificate of entitlement prices further underscored the appeal of easy access to public transportation, making Grand Dunman a top choice for many in the property market.

Conclusion: Grand Dunman has undoubtedly made its mark as the best-selling project in more than two years, captivating the hearts of homebuyers and investors alike. Its record-breaking sales during the launch weekend are a testament to the allure of its prime location, thoughtfully designed units, and market-sensitive pricing. As the development gears up to obtain its temporary occupation permit in 2028, it is poised to be a landmark residential address in Singapore’s vibrant property landscape. For those seeking a piece of Singaporean paradise, Grand Dunman presents an opportunity that should not be missed.

9 thoughts on “Grand Dunman Condo: A Resounding Success in Singapore’s Property Market – Over 50% Units Sold During Launch Weekend!”

  1. Embrace the epitome of urban luxury living at 8 Hullet. This new launch condo, expected to captivate in 2023, offers an unparalleled lifestyle with its central location and top-notch amenities. With easy access to shopping, dining, and entertainment options, residents can experience the best that the city has to offer. The well-designed units and exquisite architecture make 8 Hullet a prime choice for those seeking sophisticated urban living with a touch of elegance.

  2. Nestled in the serene neighborhood of Serangoon, Affinity At Serangoon presents a gem among new launch condos in 2024. Embrace the beauty of nature while enjoying modern conveniences in this development. With a range of unit types to suit different needs, this condominium offers a harmonious living experience for families and individuals alike. The lush green surroundings and thoughtful facilities make it a haven for those seeking a balanced and tranquil lifestyle.

  3. Experience ultimate beachside living at Amber Park in 2023. With breathtaking views of the sea and an enviable location in Amber Road, this new launch condo offers a lifestyle of luxury and sophistication. The seamless integration of modern design and natural beauty creates an atmosphere of relaxation and elegance. Residents can indulge in a plethora of nearby amenities and embrace the coastal charm that sets Amber Park apart as a coveted residential address.

  4. As 2024 dawns, AMO Residence stands tall as a symbol of contemporary opulence. This boutique condo offers exclusivity and privacy in the heart of Singapore. With carefully curated interiors and state-of-the-art facilities, AMO Residence caters to the discerning tastes of its residents. Its prime location and attention to detail make it a standout choice for those seeking a refined and personalized living experience.

  5. In 2023, The Avenir continues to mesmerize with its timeless charm and central location in River Valley. As a new launch condo, it provides a seamless blend of urban living and tranquil surroundings. With top-notch facilities and thoughtful design, residents can enjoy a life of convenience and comfort. The Avenir’s enduring appeal lies in its ability to offer a luxurious and modern lifestyle within the historic backdrop of Singapore.


Leave a Comment