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| Project Name | Project Type | Market Segment | Total Units | Total Sales Vol. | Sep 24 Sales Vol. | Lowest PSF | Median PSF | Highest PSF |
|---|---|---|---|---|---|---|---|---|
| 8@BT | Private Condominium | Rest of Central Region | 158 | 90 | 83 | $2527 | $2727 | $3033 |
| Pinetree Hill | Private Condominium | Rest of Central Region | 520 | 340 | 40 | $2156 | $2501 | $2607 |
| Hillhaven | Private Condominium | Outside Central Region | 341 | 236 | 27 | $1934 | $2111 | $2345 |
| Hillock Green | Private Condominium | Outside Central Region | 474 | 300 | 21 | $2032 | $2212 | $2555 |
| Tembusu Grand | Private Condominium | Rest of Central Region | 638 | 513 | 18 | $2326 | $2445 | $2725 |
| Lentoria | Private Condominium | Outside Central Region | 267 | 144 | 12 | $2124 | $2164 | $2371 |
| The Myst | Private Condominium | Outside Central Region | 408 | 278 | 11 | $1956 | $2051 | $2308 |
| The Continuum | Private Condominium | Rest of Central Region | 816 | 400 | 10 | $2651 | $2859 | $2997 |
| Cuscaden Reserve | Private Condominium | Core Central Region | 183 | 155 | 7 | $2787 | $3095 | $3382 |
| Lentor Hills Residences | Private Condominium | Outside Central Region | 598 | 576 | 7 | $2056 | $2110 | $2261 |
Source: Urban Redevelopment Authority (URA)
Pro Tip: Do not err by deducing the market trends.
Instead, figure out where the market's attention is.
2.1% vs Sep 2022
Source: Urban Redevelopment Authority (URA)
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According to Singapore’s Urban Redevelopment Authority (URA), property market segments are divided into three regions, Core Central Region (CCR), Rest of Central Region (RCR) & Outside Central Region (OCR). 2024 New condos in each region also tend to command differing price points based on how accessible they are to the central business district (CBD) or popular amenities such as schools or commercial areas among other factors.
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The Core Central Region comprises Districts 9, 10, and 11, parts of the Downtown Core Planning Area (sections of Bugis and Ophir Road), and Sentosa. The CCR fundamentally commands the highest property prices due to its centrality of Singapore’s islandwide transportation network and proximity to commercial hubs, financial institutions, reputable schools & tourism areas. Many high-end luxury properties in Singapore are in this region, including freehold condos (where ownership lasts into perpetuity), luxury condos, and Good Class Bungalows (GCB). As a result, this region attracts many notable high-net-worth individuals.
Learn more about new launch condos in the Core Central Region
Just outside the CCR and before the OCR lies the Rest of Central Region (RCR) market segment comprising strategic real estate areas such as Districts 3, 8, and 12. Also within the RCR are fringe areas of the CCR, including parts of Districts 1, 2, 4, 5, 6, and 7, & inner portions of the OCR – Districts 13, 14, 15, and 20. Due to fewer government land sales in the RCR, overall land bid prices of RCR have surged in recent years, resulting in some RCR units' PSF to even exceeding those in the CCR. Although the price difference between units sold in CCR and RCR is getting smaller, If you're looking for a 2024 brand-new condo development in some of the most established neighbourhoods within the RCR, you may find what you're looking for here.
The OCR takes up whopping three-quarters of Singapore’s landscape, encompassing parts of Districts 4, 14, 15, 20, Districts 16-19, and Districts 21-28. Mass-market condo developments & executive condos (EC) are found here in healthy supply. Despite a greater distance from the metropolitan area and CBD, newer condos within the OCR are popular because Singapore is still a small country, and MRT connectivity makes it extremely easy for those living in the OCR to access the CBD and the rest of the island. Ongoing redevelopment efforts by the government to transform these ‘suburbs’ into commercial districts also provide numerous work, education, and entertainment options. Due to these factors, new units appeal to young couples and millennial families looking to upgrade their lifestyles or investors looking for a steady passive income stream from rental properties.
Click here to explore the full list of new projects in the OCR
As the economic and cultural heart of Singapore, the Downtown Core is a buzzing commercial district that revolves around prime locations for offices and exciting lifestyle destinations. Spanning Raffles Place, Shenton Way, Robinson Road, and Cecil Street until the Tanjong Pagar and Anson subzones, the Downtown Core is one of Singapore’s most prized property estates in 2024. Extending to Marina Bay and Bayfront, the area is one of South East Asia’s most vibrant work, live and play environments. Boasting top-notch infrastructures and cultural & entertainment facilities, the Downtown Core reflects Singapore’s status as a round-the-clock, leading business and financial hub.
View all new launch condo in the Downtown Core by districts
District 1 contains the Boat Quay, Raffles Place & Marina Bay neighbourhoods – making it an exciting business and entertainment centre. Situated in the middle of Singapore’s financial district, estates are highly prized, given their easy access to major business institutions, key government establishments and luxury shopping malls. Highly sought-after condos pepper this area and are quick to be snapped up.
District 2 stands out, given the rich cultural heritage of Peoples Park and the pre-colonial architecture of Neil Road. Effectively an extension of District 1, District 2 includes Anson Road and Shenton Way in Tanjong Pagar – another part of Singapore’s financial district. High-rise offices, apartment blocks and commercial buildings decorate this district before flowing into Chinatown, one of the most famed mixed business-residential boroughs.
Before the establishment of Orchard Road, City Hall was the centre of Singapore’s shopping district. Now, where former municipal and government buildings such as the Supreme Court and Parliament House used to stand is an eclectic mix of historical monuments, shopping hotspots, hotels, clubs and bars, making one of Singapore’s most vibrant districts.
Check out the complete list of new launch condo in District 6 here
A bustling district within the Downtown Core area is District 7, comprising Bugis and Rochor. At the crossroads of Little India, Kampong Glam, and Chinatown, Bugis is truly a melting pot of regional cultures. Being close to an exciting blend of old cultures and new exciting developments means 2024 condos at the heart of District 7 are always in high demand.
The Prime District contains some of Singapore’s most extravagant and influential neighbourhoods. Prestigious in nature, Districts 9, 10, and 11 are a popular choice among wealthy Singaporeans and foreigners alike due to the proximity to the luxury shopping street of Orchard Road. Offering unmatched convenience to the CBD, scenic nature reserves, fine dining, and some of the most popular schools in Singapore, 2024 new launches in the Prime District are highly sought-after despite the large capital outlay demanded. Historic long-term capital appreciation and high rental yield mean purchases within the Prime District come with extremely high investment potential permitting buyers to preserve and grow wealth.
Discover the full list of new development in the Prime District
Orchard is arguably one of the top shopping and entertainment destinations in Asia, and condominiums in 2024 within this lifestyle hub are highly sought after – both 99-year leasehold and freehold development. River Valley, while still extremely popular due to its unmatched convenience in terms of connectivity, F&B options, and schools, offer a more laid-back and family-friendly environment.
Fusing the beauty of Singapore's natural greenery with exciting city life is District 10. Home to national and regional celebrities, luxury homes and fine dining restaurants make up District 10 across Bukit Timah, Holland Village and Tanglin. A stone's throw away from the CBD and the famed Botanic Gardens, District 10 offers an unmatched living experience in terms of accessibility and natural scenery. Within the district are also some of the most elite schools in Singapore, such as Anglo-Chinese School (Barker Road), Singapore Chinese Girls' School, and Hwa Chong Institution.
An exclusive enclave, District 11 comprises almost entirely private housing, prestigious schools, and religious institutes. However, Novena and Newton are also being steadily developed into growing business areas – marking them as prime real estate for affluent individuals looking to make their homes and establish their brands. Exclusive to Novena is Tan Tock Seng hospital, which will be serving as a base for Singapore’s master healthcare hub for both local and tourist medical care. Like District 10, District 11 is also close to many elite schools such as National Junior College, Nanyang Primary School, and Methodist Girls School.
Spanning the ubiquitous beaches of Sentosa and the East Coast to the culturally rich Toa Payoh and Geylang, the City Fringe of Singapore is home to many of Singapore’s districts famed among locals. Favoured for excellent local food, reputable neighbourhoods, and easy accessibility to the rest of the island, 2024 new launches in the City Fringe are also marked affordable compared to those in the Downtown Core or the Prime District.
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District 3 is home to some of Singapore’s earliest residential areas – Alexandra Road, Queenstown and Tiong Bahru. In recent years these neighbourhoods have been given a new breath of life. As a result, District 3 brims with the amenities of a modern city while retaining a rich heritage for Singaporeans to live in and enjoy. Known to locals as a food paradise, District 3 offers enjoyable experiences from dawn to dusk.
Explore the complete list of new development in District 3 here
Right next to the serene waters of the Singapore Straits is District 4, which includes Harbourfront, Sentosa, Keppel, and Telok Blangah. Sentosa is Singapore’s famed beach paradise – home to luxury estates on par with Districts 9 and 10. With direct access to yacht docks and the beachfront, Sentosa is a popular choice among UHNW individuals. Across Sentosa is Vivocity, a lifestyle destination visited by almost 50 million visitors annually.
At the heart of District 8 are Farrer Park and Serangoon Road, the preferred estates for many young families to plant their households. With numerous schools within the vicinity, District 8 is especially appealing to families with young children. The neighbourhood also offers a wide range of leisure and dining facilities without losing space to numerous parks and local businesses, giving District 8 a homely, hospitable vibe all year round.
District 12 contains Toa Payoh and Balestier, with doorstep access to numerous dining and lifestyle options without being more than a stone's throw away from schools, MRT access, or office locations. Conforming to the urban design principles of the 1970s, Toa Payoh is an easily navigable circuit that grants unmatched access to the rest of Singapore while maintaining a town centre with everything an individual or family could need.
As an up-and-coming site for reputable developers, District 13 is buzzing with the rise of multiple mixed-use developments in 2024 that have seen residents and businesses eager to snap up these projects. Spanning Macpherson and Potong Pasir, District 13 is emerging as a popular new way of residential planning, giving its residents access to amenities similar to the olden-day shophouses but with modernised architecture and offerings.
Explore the full list of new development units in District 13
Encompassing Eunos, Geylang and Paya Lebar, District 14 is rich in history as one of Singapore’s earliest residential districts. Extremely attractive to buyers due to the preserved cultural heritage within the shophouses and highly accessible transport network, District 14 is rapidly growing from a quiet neighbourhood to a bustling, built-up residential estate. District 14 is particularly unique given the typically smaller size and capital outlay of condo units, making it accessible to market investors and residents alike.
Nestled in the eastern region of Singapore is District 15 – a neighbourhood famed among expatriates and locals as second only to the prestigious Orchard and Sentosa districts. Making District 15 an even more unique living experience is its rich Peranakan heritage that decorates the streets of Joo Chiat and Katong, as well as stunning sea views along the Singapore shoreline. With easy accessibility to the CBD and numerous lifestyle amenities, properties within District 15 are highly sought-after.
The East Region in Singapore is well known for spacious residential estates, quaint neighbourhoods, excellent food and easy access to the Downtown Core. Making the East Region even more attractive for developers in 2024 are its town centres, which are well-outfitted with commercial buildings, small local businesses, and nearby parks. Notable landmarks in the East Region are Singapore’s Changi Airport, Expo Halls and Changi Business Park. Greatly valued by expatriates who require rapid connectivity to Singapore’s satellite business district and air travel yet look for tranquillity within Singapore’s fast-paced lifestyle.
Click here to view new launch condo in the East Region
Primarily made up of low-rise residential estates and landed properties, District 16 stretches from the Upper East Coast segment north towards the neighbourhood of Bedok. Being one of Singapore’s more mature estates, District 16 has seen a spate of recent redevelopments – making it attractive to keen developers who could leverage the larger plots of available land that are yet to be occupied by public housing.
One of the quieter, more suburban boroughs in Singapore is District 17. Many spacious properties sprawl Changi Village and surrounding areas making it prime for new developments in 2024. Coupled with a typically lower land cost to more central regions, District 17 is growing increasingly popular due to its laid-back environment and convenient access to Singapore’s acclaimed Changi Airport.
Primarily planned as an estate for families, District 18 contains the neighbourhoods of Pasir Ris and Tampines. As a result, residents of District 18 have direct access to sports centres, lush parks, transport hubs and numerous dining options, establishing it as a gem of the east and the perfect community for many families to settle down. On the fringe of District 18 is Changi Business Park and Singapore Expo, making it highly attractive to investors and expatriates, given the proximity to the airport and Singapore’s eastern business district.
Click here for the entire list of new launch condos in District 18
The West Region is known to be a manufacturing hub and home to numerous tertiary institutes, making it a vital region in Singapore for its workforce and students. 2024 Developments in the west of Singapore cater to busy professionals and families with older children. In particular, the Jurong Lake District will be the largest mixed-use business district outside the city centre of Singapore, with numerous high-quality offices, housing, amenities and green spaces. Leveraging on the unique lakeside and garden setting, leisure and recreational clusters will be established to complement the developing residential-work estate.
Click here to browse new launch condos in the West Region
Strategically located close to the CBD and the Jurong industrial zone is District 5. Spanning Buona Vista, West Coast, and Clementi New Town, District 5 heavily caters to students and more mature parents due to the numerous tertiary institutes in the surrounding districts. District 5 abounds with mini satellite malls within each suburb, making it a breeze to live and get around.
Comprising Bukit Timah and Clementi Park, District 21 is also known as the educational hub of Singapore. District 21 houses renowned institutions such as the National University of Singapore (NUS), Singapore Polytechnic, Ngee Ann Polytechnic, the Singapore Science Park and many others, making it a top choice for housing among professors, lecturers & students.
Discover the complete list of new launch Condos in District 21
A vital part of Singapore’s economy is District 22, home to many industrial complexes and accompanying residences. Catering to families that regularly commute to these work facilities are the Singapore Science Centre, Jurong Country Club golf course, and the shopping district of JEM, Westgate, Jcube and IMM, which makes residing near Singapore’s upcoming second business district extremely enjoyable.
District 23 offers serenity in quiet residential enclaves such as Bukit Panjang, Choa Chu Kang, Bukit Batok and Hillview, tucked away in the hills of Bukit Timah. With many private new & resale condos being freehold development, it is a hotspot for investors and residents looking for undervalued new or resale condos in 2024.
An ecotourism hub in Singapore, District 24 boasts numerous farms, nature reserves, and campsites. An exciting area for nature enthusiasts, the neighbourhoods of Lim Chu Kang and Tengah offer immediate connections to nature without compromising the comforts of modern living. District 24 holds a unique charm where living in it feels worlds apart from Singapore, yet it remains easily accessible to the CBD and the vibrant suburbs of surrounding districts.
Click here to know more about new launch units in District 24
New launch projects in the North East region mark a new way of city living through more accessible, green commutes, sprawling town centres, and exciting developments in 2024 that make northeastern suburbs feel like a downtown city. The North-East region, positioned as a futuristic heartland, is rapidly developing mature industrial estates and towns into dynamic new commercial centres that offer new jobs and commercial opportunities to individuals and enterprises.
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District 19 comprises three main suburban areas, Hougang, Punggol, and Sengkang. Punggol is known in Singapore for its ‘waterfront living’ establishments, where residential estates wake up daily to beautiful views of the Punggol River and its surrounding inlets. Sengkang is a thriving residential enclave that provides residents with malls for their daily needs. Hougang boasts a communal spirit containing charitable organisations, including the Surya Home, SIRLA, Salvation Army and Pelangi Home.
District 20, made up of Ang Mo Kio, Bishan, and Thomson, are sprawling residential estates located at the centre of Singapore’s geography. Given its proximity to the CBD, the estates here typically command higher prices than many other regions in Singapore. Coupled with the numerous amenities and facilities necessary for daily living, such as sports centres, markets, hospitals and schools, District 20 is becoming increasingly popular for families looking for a property upgrade – making it a prime estate for a new project in 2024.
Walkthrough a complete list of new launch projects in District 20
Peacefully nestled within numerous parks, including the Lower and Upper Seletar Reservoirs as well as the Seletar Base Golf Course and Country Club, are the neighbourhoods of Seletar and Yio Chu Kang. The Seletar Aerospace Park, where aircraft maintenance and manufacturing takes place, is also located in D28, making it an area of interest for those in the aviation industry.
The north region of Singapore is undergoing active redevelopment to build fully integrated communities within its districts. 2024 Projects such as Bukit Canberra, Canberra Plaza, and Woodlands Health Campus are attracting investors and developers to be part of this upcoming and exciting region. New facilities and condo projects planned for the North region residents would also be within walking distance of existing MRT stations. As a result, residents of the North can anticipate a new slate of living, work and play amenities to accommodate these promising residential estates.
Click here for a comprehensive list of new launch condos in the North
Serving as Singapore’s gateway to Malaysia is District 25 – comprising the neighbourhoods of Admiralty and Woodlands. With the unique Kranji Race Course, diverse cultural architecture, and the massive Causeway Point, District 25 appeals to singles, couples, and families from all walks of life.
An emerging residential area of Singapore is District 26, made up of Mandai and Upper Thomson. There are numerous areas of interest for Singaporeans and businesses within this district. These key areas present remarkable opportunities for developers to establish projects in 2024 targeting local and overseas buyers who crave a different living experience outside the typical Singapore suburb.
District 27 is known as a tranquil town hidden from the bustling city life of Singapore. With numerous reservoirs, parks and community centres, buyers eagerly snap up units that become available in D27. From public housing to landed properties and condominiums, District 27 offers a peaceful living experience further personified by the numerous country clubs.
Explore the complete list of new launch projects in District 27
