D22 Tengah confirmed list site: estimating supply impact on nearby condos
- Site type
- Confirmed List — guaranteed tender
- Location
- Tengah Plantation (D22)
- Estimated yield
- ~560 residential units
- Nearby condos
- Copen Grand EC, Novo Place EC (within 1km)
- D22 current pipeline
- 3 confirmed sites, ~1,400 estimated units over 18 months
- Absorption benchmark
- D22 average monthly take-up ~45 units
- Supply/demand ratio
- ~31 months of forward supply at current absorption
Comment lire ceci: A confirmed GLS site in D22 adds supply certainty: this development WILL be launched, introducing competitive inventory for existing nearby owners. 31 months of forward supply at current absorption rates is elevated — above the 18-month equilibrium level — which historically correlates with developer pricing restraint and softer secondary market appreciation. An owner of a nearby D22 EC should monitor whether the confirmed list supply ratio improves or worsens with each GLS announcement cycle. The map makes the spatial concentration of supply visible: if 3 confirmed sites cluster in the same 2km radius, the supply pressure is real, not diffuse.