THE COLLECTION OF
NEW CONDO LAUNCH IN SINGAPORE

The Most Bullish Forecast released by Morgan Stanley for the Singapore property market, expecting private home prices to increase by 8% in 2018 and property prices to double by 2030, reported the Business Times.

After declining gradually for close to 4 years, private residential prices began rising in 3Q2017. Prices have increased sharply by 9.1% over the past year. Demand for private residential property has also seen a strong recovery, as transaction volumes continue to rise.

Finally, on 5 July 2018 evening, the Government announced to raise ABSD and tighten loan limit to cool the property market.

We will launch some new condo every now and then, but you might be confused. Don’t worry! We are here to assist you.

Check out the list of present and future new condo launch in the next 1 or 2 years:

Upcoming New Condo Launch

LAUNCH DATE* PROJECT NAME LOCATION DEVELOPER PER PLOT RATIO ESTIMATED AVG PRICE**
Jul 2018 > The Tre Ver Potong Pasir Ave 1 (former Raintree Gardens) UOL + Singland $ 797 psf $ 1,500 psf
Jul 2018 > Daintree Residence Toh Tuck Road (Bukit Timah) SP Setia $ 939 psf $ 1,650 psf
Jun 2018 > Stirling Residences Stirling Road (Queenstown) Logan Property + Nashan Group $ 1,050 psf $ 1,750 psf
Jun 2018 > Riverfront Residences Upper Serangoon View (former Rio Casa) Oxley & Lian Beng $ 706 psf $ 1,300 psf
Jun 2018 > Park Colonial Woodleigh Lane (Woodleigh MRT) CEL $ 1,110 psf $ 1,7xx psf
Sep 2018 > The Jovell Flora Drive (Changi) Hong Leong $ 1,2xx psf
Sep 2018 > Mont Botanik Residence Jalan Remaja (Hillview) Tuan Sing $ 1,800 psf
Sep 2018 > Jade Scape Shunfu Rd (former Shunfu Ville) Qingjian $ 791 psf $ 1,7xx psf
Sep 2018 > Parc Esta Changi Rd (former Eunos Ville) MCL Land $ 909 psf
Sep 2018 > The Woodleigh Residences Bidadari / Woodleigh MRT (Mixed-Development) SPH + Kajima $ 1,181 psf $ 2,000 psf
Sep 2018 > Mayfair Gardens Rifle Range Rd (former Mayfair Gardens) Oxley $1,244psf
Oct 2018 > Treasure at Tampines Tampines St 11 (former Tampines Court) Sim Lian $676 psf
Sep 2018 > South Beach Residences Beach Road CDL $3,800psf

Existing New Condo Launch

LAUNCH DATE* PROJECT NAME LOCATION DEVELOPER PER PLOT RATIO ESTIMATED AVG PRICE**
Jun 2018 > 120 Grange 120 Grange Road Roxy-Pacific $ 1,464 psf $ 3,1xx psf
May 2018 > The Garden Residences Serangoon North Ave 1 Keppel Land + WingTai $ 965 psf $ 1,6xx psf
May 2018 > Affinity Serangoon Serangoon North Avenue 1 (former Serangoon Ville) Oxley & KSH Holdings $ 835 psf $ 1,5xx psf
May 2018 > Margaret Ville Margaret Drive MCL Land $ 998 psf $ 1,9xx psf
Apr 2018 > Amber 45 Amber Road UOL $ 2,300 psf
Apr 2018 > Twin Vew West Coast Vale China Construction $ 592 psf $ 1,400 psf
Apr 2018 > Harbour View Gardens Pasir Panjang Rd Roxy-Pacific $ 767 psf
Apr 2018 > Rivercove Residences (EC) Anchorvale Lane Hoi Hup $ 355 psf $ 965 psf
Mar 2018 > The Tapestry Tampines Ave 10 CDL $ 565 psf $ 1,320 psf
Mar 2018 > 8 Hullet Hullet Road (Orchard) Lian Huat Group $ 3,400psf
Feb 2018 > ParkSuites Holland Grove Road Far East $2,200 psf
Jan 2018 > New Futura Leonie Hill Road CDL $3,500 psf
Nov 2017 > Parc Botannia Fernvale Road Sing Development & Wee Hur $ 517 psf $ 1,300 psf
Nov 2017 > Marina One Residences (Phase 2) Marina Way M+S $ 2,500 psf
Sep 2017 > Reflections at Keppel Bay Keppel Bay View Keppel Land $ 1,8xx psf
Aug 2017 24 One Residences Pasir Panjang Road 100% SOLD
Aug 2017 Sandy 8 Sandy Lane $ 1,7xx psf
Aug 2017 Kandis Residence Jalan Kandis Dillenia Land $ 481 psf $ 1,100 psf
Jul 2017 > Martin Modern Martin Place Guocoland $ 1,239 psf $ 2,400 psf
Jul 2017 > Le Quest Bukit Batok West Avenue 6 Qingjian $ 635 psf $ 1,3xx psf
Jul 2017 Hundred Palms Residences EC Yio Chu Kang Road Hoi Hup $ 331 psf 100% SOLD
Apr 2017 > ARTRA @ Alexandra Alexandra View Tang Group $ 851 psf $ 1,9xx psf
Apr 2017 > Seaside Residences Siglap Road Frasers Property $ 858 psf $ 1,8xx psf
Mar 2017 > Grandeur Park Residences Bedok South Ave 3 CEL $ 761 psf $ 1,4xx psf
Mar 2017 > Park Place Residences Paya Lebar Rd Lendlease $ 943 psf $ 2,000 psf
Mar 2017 iNz Residence EC (EC) Choa Chu Kang Ave 5 Qingjian $ 295 psf 100% SOLD
Feb 2017 > Clement Canopy Clementi Ave 1 UOL $ 615 psf $ 1,400 psf
> Queens Peak Dundee Road MCC Land $ 871 psf $ 1,8xx psf
> Kallang Riverside Kampong Bugis Singapore Johore Express Pte Ltd $ 2,3xx psf
> Gem Residences Lorong 6 Toa Payoh Evia & Gamuda $ 755 psf $ 1,7xx psf
> The Crest Prince Charles Crescent WingTai Holdings $ 960 psf $ 2,000 psf

New Condo Launch

LAUNCH DATE* PROJECT NAME LOCATION DEVELOPER PER PLOT RATIO ESTIMATED AVG PRICE**
Q3 2018 Perumal Road Low Keng Huat $ 1,001 psf
2018 Lorong 1 Realty Park (Landed) SingHaiyi $ 526 psf
2018 Cuscaden Walk Sustained Land $ 1,826 psf
Q3 2018 River Valley Road Roxy-Pacific $ 1,364 psf
Beach Road Guocoland $1,706 psf
One Tree Hill (former One Tree Hill Gardens) Lum Chang
2019 Upper Bukit Timah (former Goh & Goh Building) BBR Holdings
2019 Hougang Avenue 2 (former Florence Regency) Logan Property $ 842 psf
2019 Meyer Rd (former The Albracca) Sustained Land $1,409 psf
2019 How Sun Drive (former Sun Rosier) SingHaiyi & Huijiang International $1,325 psf
Upper Paya Lebar Rd (former How Sun Park) SingHaiyi $1,092 psf
2019 Jervois Road (former Jervois Garden) SC Global $1,373 psf
Jervois Road (former Jervois Green) $1,601 psf
2019 Meyer Road (former Nanak Mansions) UOL $1,429psf
2019 Former Amber Park CDL $1,515psf
2019 Former Normanton Park Kingsford $969psf
2019 Former Changi Garden CEL $888psf
Former Dunearn Court Roxy Pacific $1,371psf
Killiney Rd (former Tai Wah Building) Lucrum Capital $2,209psf
Bukit Timah Rd (former Royalville) Allgreen Properties $1,960 psf
2019 Ewe Boon Rd (former Crystal Tower) Allgreen Properties $1,840 psf
2019 Jalan Lempeng (former Park West) Singhaiyi $850 psf
2019 Lorong Kismis (former Kismis View) Roxy-Pacific & Tong Eng Group $855 psf
Farrer Rd (former The Wilshire) Roxy-Pacific & Tong Eng Group $941 psf
2019 Jiak Kim Street Frasers Property $1,733 psf
2019 Fourth Avenue Allgreen Properties $1,540 psf
2019 South Buona Vista Rd (former Vista Park) Oxley $1,096 psf
Dervonshire Rd (former Derby Court) Roxy Pacific $1,390 psf
2019 Amber Rd (former Parkway Mansion) Sustained Land $1,536 psf
Gilstead Road (former Casa Contendere) Tee Land $1,638 psf
Toh Tuck Road (former Good Luck Garden) Qingjian Realty $1,100 psf
Jalan Eunos (former Eunos Mansion) Fragrance Group $1,118 psf
Q2 2019 Chong Kuo Rd Lian Soon Holdings & OKP Land $681 psf
Q2 2019 Handy Rd CDL $1,722 psf
Q2 2019 West Coast Vale CDL $800 psf
Q2 2019 Sumang Walk (Punggol EC) CDL $ 583psf
Q2 2019 Cuscaden Road (off Orchard Boulevard) SC Global Developments, New World Development and Far East Consortium International $ 2,377psf
Q2 2019 Silat Avenue (Outram Park) UOL, UIC and Kheng Leong $ 1,138psf
Q2 2019 Matter Road (MacPherson) Hock Lian Seng Holdings, Keong Hong Holdings and TA Corporation $ 1,109psf
Bukit Timah Rd (former City Towers) Cheung Kong $1,847 psf
2019 Outram Park (former Pearl Bank Apartments) CapitaLand $1,515 psf
Cairnhill Road (former Cairnhill Mansions) Low Keng Huat $2,311 psf
Kim Yam Road (former Riviera Point) Macly Group $1,461 psf
2019 Sunset Way (former Brookvale Park) Hoi Hup & Sunway Development $932 psf
Holland Road (former Hollandia) Far East Organisation $1,703 psf
Arthur Road (former Katong Park Towers) Bukit Sembawang $1,280 psf
River Valley Close (former Pacific Mansion) GuocoLand, Intrepid Investments, Hong Realty $1,987 psf
2019 Holland Rd (Mixed Development) Far East Organisation $ 1,888 psf NA
2019 Hillview Rise NA NA NA
2019 Sengkang Central (Mixed-Development) NA NA NA
Q3 2019 Dairy Farm Road (Hillview) NA NA NA
Q3 2019 Jalan Jurong Kechill (Bukit Timah/Hillview) NA NA NA
Q3 2019 Tampines Avenue 10 (EC) NA NA NA
Q3 2019 Canberra Link (EC) NA NA NA
Q3 2019 Anchorvale Crescent (Sengkang EC) NA NA NA

For more information on Government Land Sale, visit URA Space.

The Surge in The Sales Volume of New Condo Launch

From the graph released by URA, Singapore take-up rate of the private new condo launches shows very positive and healthy scenario.

Due to the lower supply of new condo launch, the sales volume bounced from the valley in 2016 and now still, in the beginning of the uptrend rally.

Obviously, the graph showed that the take-up is much higher than the supply, no wonder Singapore property market is moving upward. And this situation is likely to continue for the next 3 to 4 years.

Note:
Launch Date *: The estimated launch date of the residential project based on the date of award and the pre-launch waiting period of past developments, subject to changes without prior notice.
Estimated Average Selling Price **: The estimated average selling price based on market trend, the transaction history of relevant developments and tender price, subject to changes without prior notice.
#: The land price is higher than typical residential land because it is a mixed development land which comprises three Grade-A office towers, shopping mall, and three private residential towers.
Avg Selling Price ^: The average selling price based on the past 6 months.

Reference: URA SPACE