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Just Launched

Latest Price Guide

Irwell Hill Residence @Great World MRT [Leasehold @District 09] ~ $2,500 psf
Midtown Modern @Bugis [Leasehold @District 07] ~$2,850 psf ~61% sold in launch
Atelier @Newton [Freehold @District 09] ~ $2,800 psf
The Reef @Harbourfront [Leasehold @District 04] ~ $2,300 psf ~65.5% sold in launch
Parc Central (Executive Condo) [Leasehold @District 18] ~ $1,150 psf ~ 60% sold in launch

Provence EC [Leasehold @District 27] ~$1,000 psf
One North Eden [Leasehold @District 05] ~ $1,950 psf
One Bernam @Tg. Pagar [Leasehold @District 02] ~ $2,400 psf

New condominiums launching in 2021

2020 Market Recapped:

In 2020, we saw total 26 new projects had successfully launched. Notably, a few launches had archived tremendous result (> 70% sold in first day) despite being a pandemic year, i.e The M @Bugis,
Penrose @Aljunied,
Linq @Beauty World &
Clavon @Clementi.

Looking back 2020, a chockful of events happened. The year started with the United States bombing and killing an Iranian general. COVID-19 broke out in China, then Italy, before spreading to the rest of the world. The United States elected Joe Biden and Kamala Harris.… etc. It has also been a roller-coastal ride for equity markets: from a sudden meltdown in March to an almost as sudden recovery, then trending, then heading towards the end of the year with some additional reversals and corrections as the COVID-19 vaccine appears in sight.

2020 may be coming to an end, but the challenges we faced this year could continue — the mutated COVID‑19 virus, intensifying political division, widening economic inequality, and the climate crisis, just to name a few. Although the path forward from 2020 may feel uncertain, one thing has never been more clear: To change the trajectory for the better, we have to come together, work together, and support each other in building a brighter, safer, more just future we can all share.

What if we never go back to pre-Covid reality? If that’s true, then the people who are able to accept that, and embrace the future, will be way ahead of those attempting to return to the past.

As for real estate, as I reflect on how the pandemic has impacted my life and the lives of my clients and colleagues, I’ve noticed one critical element – which is the norm of WFH (working from home). WFH had trigger the desire of having more livings space, be it for a family or expats who are currently renting with other friends. This drive the upgrading/ new/ larger homes demands to a certain degree. For investors looking for stable passive income, they are now looking for hassle-free/ risk-free with rental guaranteed from reputable developers. Hereby, I summarized below for Singapore & Overseas property market in 2020.

For the whole year of 2020. prices increased by 2.2%, compared to the 2.7% increase in 2019.

What’s coming up in 2021?

Stepping into 2021, we’re expecting around 34 new projects, including those didn’t manage to launch in time for 2020. The number of new private, non-landed residential units in the pipeline in 2021 is estimated to be around 10,000 units, which is just over half of 2019’s.

The recent land sales on 30th Oct 2020 at Tanah Merah had hit $930psf ppr, this translated to launch price ~ $1750 psf. So we have to expect higher land price and construction moving forward. Nevertheless, there are still good developments out there to explore.

We provide here a compilation of the upcoming condominiums and apartments that are slated to be launched for sale this yearThe basis for estimation are based on the time of sites that were sold in 2020, then the adding of a few months to account for closing of deal, preparation of land, appointment of consultants by the purchaser etc. Some of the developments are still pending for the official name. For those cases from en-bloc sales, we temporary use the former project names, or address of site for government land sales (GLS).

This post will be updated periodically as new information arises on the progress of these condominiums/ apartments. Please Kindly bookmarked it or register interest in the Google form, so we can update you the market in timely manner.

To ease the reference, we had mapped the new developments that are expected to be launched for sale in 2021 into single Google Map to ease our discussion further. Looking forward to share with you more.

The following table summarised all upcoming projects at a glance. The list in table and mapping will be updated accordingly shall there is anything new coming up in our records. Some had been might carry forward from 2020 since they are not able to make it on time to launch:

For showflat viewing, simply book an appointment here before coming by to save time and avoid wasted trip as our showflat may be closed on certain days/time. Get Attractive Perks & Direct Developer Discount. Contact our Sales Enquiry Hotline at +65.96369998 or simply WhatsApp us for more information

 

It is important to only engage the Official Direct Developer Sales Team to assist you. There are several complex procedures and key factors to consider before committing to purchase a unit.
Rest assured that all our representatives are certified, well-trained and committed to deliver. By engaging the Official Direct Developer Sales Team, you will also enjoy the best possible direct developer price. There is no commission required to be paid.

2021 Most Complete List of New Launches Condos in Singapore

Singapore Upcoming New Launches 2021

Region

District

Project Name

Tenure

Developer

Central

2

99-years

Hao Yuan Investment and MCC Land

Central

2

New residential-commercial project (former Realty Centre)

Freehold

The Place Holdings

Central

4

99-years

Mapletree and Keppel Land

West

5

99-years

Kingsford Development

West

5

99-years

TID Pte Ltd (joint venture between Hong Leong Group and Mitsui Fudosan)

West

5

Sunstone Hill

Freehold

Sunstone Properties (Pasir Panjang) Pte Ltd

Central

6

Canninghill Piers/ Canninghill Square (Former Liang Court)

99-years

CapitaLand and City Developments Ltd (CDL)

Central

7

99-years

GuocoLand, Hong Leong Holding and Hong Realty

Central

9

Cairnhill 16 (former Cairnhill Heights)

Freehold

Tiong Seng Holdings and Ocean Sky International

Central

9

Freehold

Bukit Sembawang Estates Limited

Central

9

Klimt Cairnhill (former Cairnhill Mansion)

Freehold

Low Keng Huat

Central

9

99-years

City Developments Ltd (CDL)

Central

9

The Cairnhill (retaining its former name)

Freehold

Far East Organization

Central

10

Les Maisons Nassim (former bungalow site at 14 & 14A Nassim Road)

Freehold

Shun Tak Holdings

Central

10

Freehold

CK Asset Holdings

Central

10

EDEN (former Hampton Court)

Freehold

Swire Properties

Central

10

Park Nova (former Park House)

Freehold

Shun Tak Holding

Central

10

Freehold

Grange 1866 Pte Ltd

Central

10

New residential project (redevelopment of Royal Oak Residence)

Freehold

FEC International

Central

11

Freehold

Tuan Sing Holdings Limited

East

15

Freehold

Quek Hock Seng Development

East

15

Freehold

Far East Organization

East

15

99-years

Lakeview Investments

East

15

99-years

Bukit Sembawang Estates Limited

East

18

99-years

Hoi Hup Realty and Sunway Development

East

18

The Ryse

99-years

Allgreen Properties and Kerry Properties

North East

19

New condo at Jalan Bunga Rampai

99-years

Wee Hur (Bartley) Pte Ltd

North East

19

New condominium (former Kovan Lodge)

Freehold

Soon Lian Realty

North

27

New condo at Canberra Drive (Land Parcel B)

99-years

UOL Group and UIC

North

27

New condo at Canberra Drive (Land Parcel A)

99-years

JBE Holdings

North

27

New executive condo

99-years

Sing Holdings

North

28

99-years

Frasers Property

North

28

Pollen Collection

99-years

Bukit Sembawang Estates Limited

Editor’s picked projects (max 3) in the respective regions.

East Region:
1) The Ryse @Pasir Ris Central – integrated with MRT/ bus/ mall. 99yrs, good land price. Expected selling $1450 psf
2) Katong Park Tower – near upcoming TEL Katong Park (TE24). 99yrs, Expected selling $2300 psf.

West Region:
1) One North Eden – 260m to One North MRT. 99yrs. Expected selling $1900 psf.

North Region:
1) Provence Residence (EC) – Rare executive condo which near to MRT (400m to Canberra MRT). 99yrs. Expected selling $1100 psf

Central:
1) Midtown Modern – masterpiece by Guocoland to complete the link up Bugis with Raffles, Marina & Suntec. 99yrs. Expected selling $2500 psf

Summary

Reported by EdgeProp on 9th Jan 2020, Singapore has been ranked as one of the top three prime real estate cities in the world (right after London & New York), which boast strong demand from tenants, owners and consumers. The ranking is by global real estate investment management firm Heitman.

In personal view, Singapore property market will most likely still quiet but slowly move upwards in 2021 with the positive news on vaccines and international travelling ease.

The market see a slight upward of 2.2% in 2020 mainly due to the strong demands from locals buyers. We do expect the upward trend will further escalated especially when the travel restrictions are relaxed. In additional, the global instability including Brexit issue, US-China Trade World and Hong Kong’s situation are still on going, this has further makes Singapore as the top destination/ safe heaven to put their money into.

If 2021 is going too strong again with property price up >5% in 2nd half 2021, it’s not surprise that government will introduce new cooling measures again to slow down the growth, be it by increasing ABSD or reducing the CPF usage for property purchase.

Although DBS & Morgan Stanley both predicted in 2018 that Singapore’s property market price to “double” (or averagely $2,900 psf) by 2030, and so far the trend is still holding true. But it’s hard to know how the new legislation/ new intervention from government (if any) will affect the market through the upcoming years.

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Alternatively, you can also WhatsApp us for a free consultation if you would like to discuss in details about financing or recommendations of these new launch condominiums and apartments.

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