Article Picked from

Yi Qian

Park Nova’s record-breaking $6,593 psf sale defies market slowdown, proving that ultra-luxury demand remains resilient despite cooling measures.

February 6, 2025

Ultra-Luxury Remains Firm: Park Nova’s S$6,593 PSF Sale Stands Out Amid Market Slowdown

With effect from the August 2023 Build-to-Order (BTO) Exercise, stricter penalties will be imposed on couples who do not select a flat when invited by the Housing and Development Board (HDB) to do so. A new priority category benefiting first-timer families applying for their first BTO flat was also introduced. In his Committee of Supply …