Upcoming new EC launches in 2019, 2020 and 2021

Based on our research, these are the upcoming executive condo (EC) launches available in 2019, 2020 and 2021

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Sumang Link EC site view
Sumang Link EC site view

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Note: Market prices for ECs are now in the range of $1050 to $1150 psf.

This would translate into an estimated price of $1.1m for a 1,000 sqft (3 bedder unit) and $1.3m for a 1,300 sqft (4 bedder unit).

For buyers thinking of getting a unit, this would mean having a combined income of at least $11,000 to $12,000, assuming a 30 year loan tenure.

The Singapore property market has moved and gone are the days when EC prices were in the range of $600 to $800 psf.

This is because land prices has gone up and inflation has caused the price of labour and material to rise. Developers are now passing on this cost to end buyers.

As of April 2019, there have been 4 executive condo (EC) plots which have been announced on government land sales (GLS) tender. 4 of them have already been sold as of April 2019.

Launched in 2019: Piermont Grand (Sumang Walk EC)

Sumang Walk EC site
Sumang Walk EC site
Project namePiermont Grand

 

(New EC at Sumang Walk in Punggol)

DeveloperCity Development (CDL) and TID Residential
AddressSumang Walk
District 19D19
Tenure99 year leasehold
TOP2022 – 2023
Total number of units820
Unit mix3 – 5 bedrooms (sizes to be confirmed)

Piermont Grand is officially 50% sold. Download Piermont Grand LATEST price list and available units by filling up the contact form below.

Latest starbuy prices

3BR Compact 840sf from $888k $1,057psf

3BR Premium 1130sf from $1.13xM $1,007psf

4BR Premium 1302sf from $1.34xM $1,029psf

5BR Premium 1432sf from $1.50xM $1,053psf

Read also: 5 reasons why the upcoming 2019 Punggol EC on Sumang Link will be another sell-out

Launched January 2020: Parc Canberra

Canberra Link EC site
Canberra Link EC site
Project nameParc Canberra
DeveloperHoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd
AddressCanberra Link
District 19D28
Tenure99 year leasehold
TOP2023
Total number of units450
Unit mix3, 4 and 5 bedrooms

Won in September 2018 by Hoi Hup Realty for S$271 million, or S$558.22 psf per gross floor area, Canberra Link executive condominium (EC) will be walking distance to Canberra MRT station which was completed in 2019.

Latest update: Parc Canberra is now 71% sold! Sign up below to receive pricing list and exclusive info today!

Parc Canberra price list (updated June 2020).png
Parc Canberra price list (updated June 2020).png

Launching in 2020: Ola EC

 Anchorvale Crescent EC site near Sengkang MRT
Anchorvale Crescent EC site near Sengkang MRT
Project nameOla EC at Anchorvale Crescent
Developer
Evia Real Estate and Gamuda (Singapore)
AddressAnchorvale Crescent
District 19D19
Tenure99 year leasehold
TOP2023 – 2024
Total number of units515
Unit mix 2 to 5 bedrooms

The Anchorvale Crescent EC site drew 9 bidders in total, and Evia Real Estate and Gamuda (Singapore) had won the site for a bid of $271 million, which translates to S$558.22 psf per gross floor area.

The site is walking distance to Cheng Lim LRT and Sengkang MRT and is located right opposite the Sengkang Community Hospital. It is also 1km to the popular Nan Chiau Primary school.

OLA EC Star Buy units
OLA EC Star Buy units
OLA EC Star Buy units

Launching in 2020: Parc Central Residences

Tampines Ave 10 EC site
Parc Central Residences (New EC at Tampines Ave 10 site)
Project nameParc Central Residences (New EC at Tampines Avenue 10
DeveloperHoi Hup Realty and Sunway Developments
AddressTampines Ave 10
District 19D18
Tenure99 year leasehold
TOP2024
Total number of units695
Unit mixTo be confirmed

The highest bid came from Hoi Hup Realty and Sunway Developments and these two firms jointly submitted a bid of $434.45 million for the site, which translates to $578 psf/per plot ratio (ppr). The second highest bid came from Chinese developer MCC Land, which submitted a bid of $431.62 million (this comes up to $574.36 psf/ppr).

Hoi Hup’s foray into the EC market has been fairly successful in the past couple of years, with the sell out of Hundred Palms EC at Hougang and Rivercove Residences in Sengkang.

Tampines is a mature estate with plenty of amenities. This site is likely to be highly contested due to the lack of executive condos in the east.

The last EC in this area in Tampines was the Arc @ Tampines, along Tampines Avenue 8. This is later preceded by The Tampines Trilliant and City Life @ Tampines.

This site would also be in 1km to Poi Ching School, St Hilda’s Primary and also walking distance to United World College South East Asia (UWCSEA).

Read also: Can divorcees purchase BTO/Executive condo (EC)?

Keen to find out about the upcoming ECs, respective prices and floorplans? We will update this page continuously once a government land tender comes up for an EC. Contact us below to be on our exclusive EC mailing list today!

Do note that you will need to have fulfilled your Minimum Occupation Period (MOP) if you are the owner of a HDB flat.

Potential buyers usually start looking to upgrade about 1 year before their MOP period ends.

Contact form for ECs

    My age is (required)
    20-3031-3536-4041-4545-50Above 50

    Do you own a HDB (required)
    Yes, I own a HDBNo, I don't own a HDB

    Have you met your minimum occupation period (MOP) or when is it? (required)
    Yes, past my HDB MOP20192020202120222023My MOP is after 2023N.A.

    My budget is (required)
    Below S$800kS$800k-1mS$1m-1.5mMore than S$1.5m

    My combined monthly household income is (required)
    S$2-3kS$3-4kS$4-5kS$5-6kS$6-7kS$7-8kS$8-9kS$9-10kS$10-11kS$11-12kS$12-13kS$13-14kMore than S$14k

    I am interested in (required)
    Sumang Walk ECCanberra Link ECAnchorvale Crescent ECTampines Avenue 10 EC

    I am also considering (required)
    resale HDBresale condonew launch condoOnly EC

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    If ECs are not your thing and you’re interested in private condos, here is a list of condos that are slated to be launched in 2020/21.

    A short compilation can also be found at upcoming private condos in 2020 and 2021 if you’re interested!

    Upcoming condos and ECs in Singapore 2019, 2020 and 2021

    Contact form for Private condos

      I am buying for (required, select all that apply)
      Own stayInvestmentOthers

      My age is (required)
      20-3031-3536-4041-4545-50Above 50

      My combined monthly household income is (required)
      S$2-3kS$3-4kS$4-5kS$5-6kS$6-7kS$7-8kS$8-9kS$9-10kS$10-11kS$11-12kS$12-13kS$13-14kS$14k-$15kS$15k-$20kmore than S$20k

      Have you met your minimum occupation period (MOP) or when is it? (required)
      Yes, past my HDB MOP20192020202120222023My MOP is after 2023N.A.

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