There would be 20-25 new project launches in 2018. Due to the high land bid cost last year, new launches this year are expected to be priced at min 10-15% higher compared with existing projects in the market. Estimated price for each regions will be:
Core Central Region (CCR): $2600-3400 psf
Rest of Central Region (RCR): $1700-2000 psf
Outside Central Region (OCR): $1300-1600 psf