New LAUNCHes in 2024
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1 Sophia Road | D9
Units
367
Tenure
99 Years
TOP
2028
6d Tanjong Rhu Rd | D15
Units
107
Tenure
Freehold
TOP
2028
81, 83 Meyer Road | D15
Units
226
Tenure
Freehold
TOP
2028
240 Lorong Chuan | D19
Units
900
Tenure
99 Years
TOP
2028
128 – 130 Sophia Road | D9
Units
78
Tenure
Freehold
TOP
Aug 2027
Lentor Hills Road | D26
Units
533
Tenure
99 Years
TOP
2028
2 Dunman Road | D15
Units
1,008
Tenure
99 Years
TOP
2028
9 Jalan Anak Bukit | D21
Units
732
Tenure
99 Years
TOP
Q1 2028
6, 8 Makeway Avenue | D9
Units
378
Tenure
99 Years
TOP
Dec 2023
92, 94, 96, 98 Jalan Tembusu | D15
Units
638
Tenure
99 Years
TOP
Oct 2028
81, 83, 85, 87, 89, 91, 93, 95, 97 Hougang Avenue 2 | D19
Units
1,410
Tenure
99 Years
TOP
Mar 2023
72, 74, 76, 78, 80, 82, 84, 86, 88 Compassvale Bow | D19
Units
680
Tenure
99 Years
TOP
Nov 2023
Singapore Districts
Core Central Region (CCR)
The Core Central Region, or CCR, is the central area of Singapore that includes the most prestigious neighborhoods in the country. It covers postal districts 9, 10, and 11 which include Orchard, Somerset, River Valley, Tanglin, Bukit Timah, Holland, Newton, Novena, Dunearn, and Watten. It also includes the Downtown Core (parts of Bugis, south of Ophir Road) and Sentosa.
Rest of Central Region (RCR)
The Rest of the Central Region, or RCR, is the area that surrounds the CCR and is located between the CCR and the Outside Central Region (OCR). It covers postal districts that include Marina South, Chinatown, Queenstown, Alexandra, Tiong Bahru, Harbourfront, Keppel, Telok Blangah, Buona Vista, Dover, Pasir Panjang, Fort Canning, Rochor, Little India, Farrer Park, Balestier, Whampoa, Toa Payoh, Boon Keng, Bendemeer, Kampong Bugis, Potong Pasir, Bidadari, MacPherson, Upper Aljunied, Geylang, Dakota, Paya Lebar Central, Eunos, Ubi, Aljunied, Tanjong Rhu, Amber, Meyer, Katong, Dunman, Joo Chiat, Marine Parade, and Bishan, Thomson.
Outside Central Region (OCR)
The Outside Central Region, or OCR, covers the remaining postal districts in Singapore. It includes Clementi, West Coast, Kembangan, Kaki Bukit, Telok Kurau, Siglap, Frankel, Bedok, Upper East Coast, Bayshore, Tanah Merah, Upper Changi, Flora Drive, Loyang, Changi, Tampines, Pasir Ris, Punggol, Sengkang, Hougang, Kovan, Serangoon, Lorong Ah Soo, Ang Mo Kio, Upper Bukit Timah, Ulu Pandan, Clementi Park, Jurong East, Jurong West, Boon Lay, Hillview, Bukit Panjang, Bukit Batok, Choa Chu Kang, Kranji, Lim Chu Kang, Sungei Gedong, Tengah, Woodlands, Admiralty, Lentor, Springleaf, Mandai, Yishun, Sembawang, Seletar, Seletar Hill, and Sengkang West.
New Condo Launches in Singapore 2024: Exciting Investment Opportunities”
Frequently Asked Questions
People interested in buying a new launch condo may have several questions about the latest projects available. They may want to know more about the different types of units, the amenities provided, and the payment schemes available for purchasing a unit. Some of the latest new launch condos available offer a range of units, from one-bedroom apartments to penthouses. Potential buyers can book their preferred unit by contacting the developer or their appointed agent. These condos provide amenities such as swimming pools, gyms, and outdoor spaces.
New launch condos have different payment schemes, including flexible down payments, progressive payments, and deferred payment plans. The payment scheme varies depending on the developer’s policy and standards. It is essential to research all options before deciding on which scheme works best for you. With so many options available in the market today, it is worth taking some time to compare them all thoroughly.
When it comes to new launch condos, there are a variety of types to choose from. These can include high-rise buildings, low-rise buildings, townhouses, and mixed-use developments that combine residential units with commercial spaces. Each type may offer different amenities such as pools, gyms, and rooftop gardens.
When choosing the type of new launch condo that is right for you, it’s important to consider your lifestyle and needs. For example, if you prefer a quieter living environment, a low-rise or townhouse unit may be more suitable than a high-rise building in a busy urban area.
Working with a reputable real estate agent can also help you navigate the options and find the perfect new launch condo for your needs. They can provide valuable insights into the local market and help you make an informed decision. With so many options available, taking the time to research and consider your options can ultimately lead to finding the perfect new home.
Singapore is getting ready for the launch of some exciting new condos in 2023 and 2024! With a number of developments already planned, including The Continuum and Newport Residences, there’s plenty to look forward to. Sceneca @Tanah Merah is set to be the first large-scale project to launch, and there are also some great options in District 11, such as 32/34 Gilstead Road and AXA Tower.
Prices for freehold new launches in 2023 are estimated to be around $2,569 psf, which shows that there’s a lot of excitement around what’s to come. With developments like Kent Ridge Hill Residences and Les Maisons Nassim set to top out in 2023, it’s clear that there are plenty of great options for anyone looking for a new condo in Singapore!
When it comes to choosing between a new launch condo and a resale condo in Singapore, many people often wonder which option is the better investment. Based on factual data, it appears that resale condos tend to offer higher gains when compared to new launches. However, it’s worth noting that new launch condos come with certain advantages such as early bird discounts, freebies, and the potential for one-time capital appreciation.
Whether one option is better than the other largely depends on an individual’s investment goals and risk appetite. While many Singaporeans may dream of owning a new launch condo, it’s important to weigh the pros and cons carefully before making a decision. Ultimately, both options have their own advantages and it’s up to the individual to decide which one is more suited to their investment needs.
For those wondering why they should consider buying a new launch condo, there are several advantages to keep in mind. Firstly, new launch condos offer modern amenities and facilities that may not be available in older properties. Additionally, buyers have the opportunity to customize their unit based on their preferences, including layout, finishes, and appliances.
New launch condos also typically come with warranties and guarantees from the developer, providing peace of mind for buyers. They are often located in up-and-coming neighborhoods with potential for future growth and appreciation in property value. As such, buying a new launch condo can be seen as a good investment opportunity for those looking to enter the property market or expand their investment portfolio.
it seems there will be a selection of exciting new Executive Condo (EC) launches in Singapore. While exact details are yet to be confirmed, there are a few developments that have been announced or are on the horizon. One of the most highly anticipated launches is Tenet New EC at Tampines Street 62 Parcel A, set to be launched in the first quarter of 2023. Parc Central Residences is also set to become available during this time, located in a prime spot within Tampines town. Additionally, a new EC is slated to be launched at Bukit Batok Avenue 5 in the second half of 2023. With such attractive choices of location and facilities, it’s little wonder that ECs are becoming increasingly popular, as they offer affordable luxury living and the great potential for price appreciation.
When it comes to buying a condo, one of the biggest decisions is whether to opt for a new launch or a resale unit. Each has its own advantages and disadvantages. For example, new launch condos tend to be pricier, but they also come with better facilities and a modern touch. Meanwhile, resale condos can often offer more space, immediate occupancy, and potentially better value for money. However, there are a few points to consider before making a decision. For those looking for faster capital appreciation, a new launch condo might be the better choice. On the other hand, those interested in lower maintenance costs and immediate occupancy might prefer a resale unit. Ultimately, whether to buy a new launch or a resale condo depends on one’s individual needs and goals.
When it comes to purchasing a new launch condo, it’s important to understand the payment schedule. These schedules can vary depending on the developer and project, but typically require a down payment of at least 5-10% of the purchase price upon signing the Sales and Purchase Agreement. Additional payments may be required at various stages of construction, such as when the foundation is completed or when the unit is ready for occupancy.
The final payment is typically due upon completion of the project and issuance of the Certificate of Statutory Completion. It’s important to carefully read and understand the payment schedule before committing to a new launch condo purchase, as this will ensure that you are able to meet all financial obligations in a timely manner. Additionally, understanding the payment schedule can help you plan your finances effectively and avoid any unexpected surprises along the way.
the downpayment for a condo in Singapore is usually 25% of the total purchase price, with a minimum of 5% of the purchase price required to be paid within eight weeks of signing the OTP. For the maximum bank loan quantum of 75%, one would need to have 25% of the downpayment in the form of cash or CPF. Consequently, the total condo downpayment for first-timers ranges from $218,600 to $458,600, depending on whether the payment is made through CPF or cash. In general, the minimum downpayment for a new launch condo should be 25%. However, for the OCR freehold new launches, there is no reliable estimate of the number of units or the down payment required at this time.
The answer is YES! Permanent residents of Singapore are allowed to buy new launch condos, but they will need to pay 5% in cash upon booking and signing the Option to Purchase. Your monthly household income will also need to be over S$9,567 for you to be able to afford it. Keep in mind that Singaporean PRs are not allowed to purchase Built-to-Order flats straight from the Housing and Development Board, and they can only buy BTO or HDB flats if they apply with another Singaporean. However, rest assured that there will be 53 new condo launches in 2023/2024, so you’ll have plenty of options to choose from. So go ahead and start browsing for that perfect new launch condo to call your own!
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Project Highlights & Features Prime Location & Connectivity 8@BT is nestled in the prestigious Bukit Timah area, providing residents with unparalleled connectivity. Just a 2-minute walk from Beauty World MRT station on the Downtown Line, the development ensures direct access to vital areas such as the Central Business District and Marina Bay Sands. Additionally, major expressways like the Pan-Island Expressway…