Historical coverage. This summary was prepared after the original event. Rules, prices and conditions may have changed; consult the dated original source and current official guidance.

At a glance

  • EdgeProp reported 25 sales from a total of 133 homes, with 113 units released in the first phase.[1]

Sales and the correct denominator

EdgeProp’s 18 October report, citing Far East Organization, said The Serra Residences had sold 25 units since bookings began on 16 October. Transacted prices ranged from S$3,123 to S$4,200 per square foot, averaging S$3,460 psf.[1]

The 25 sales represented 18.8% of all 133 units, or about 22% of the 113 homes released in the first phase. Those percentages describe different denominators.[1]

The freehold project is on Bassein Road in District 11. The report identified a 2,669-square-foot penthouse sale at S$11.21 million.[1]

Context & interpretation

Why it matters

Project-wide take-up and take-up of released stock should be compared separately. An early sales result is not a current stock count or a measure of eventual investment performance.

Sources & further reading

  1. The Serra Residences sells 18.8% at launch, with average price of $3,460 psf ↗EdgeProp Singapore · 18 Oct 2026 · Accessed 2 Nov 2026

This is an original AI-assisted summary, not a reproduction of the source article. Context is our interpretation. Editorial policy · Report an issue