Upcoming new condo launches in 2019

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Parc Esta - sunken pool
Parc Esta - sunken pool

Property investors, speculators and buyers unite! There will be on average 1 new condominium being launched for sale per week in 2019.

You will definitely be spoilt for choice in your house hunting adventure.

Let’s go straight in to see what’s available.

For new projects where the condominium name is already known, it is displayed, otherwise the former name is shown.

Est. launch Project name Location Developer Est no of units
1H 2019 Uptown @ Farrer Perumal Road Low Keng Huat 116
1H 2019 Parkwood Collection Lorong 1 realty Park Fantasia Investment (Singapore) 53
1H 2019 RV Altitude River Valley Road Roxy Pacific Holdings 108
1H 2019 386 Dunearn Court Dunearn Court Roxy Pacific Holdings 35
1H 2019 Normanton Park Normanton Park Kingsford Development 1,882
1H 2019 Casa Contendere Gilstead Road Tee Land/ TG Development 70
1H 2019 Cairnhill Mansions Cairnhill Road Low Keng Huat 200
1H 2019 Sengkang Central Sengkang Central Capitaland/ CDL 700
1H 2019 Dairy Farm Road Dairy Farm Road UED Residential 589
1H 2019 Jalan Jurong Kechil Jalan Jurong Kechil COHL Singapore and CSC Land 284
1H 2019 Casa Meyfort Meyer Road Guocoland 310
1H 2019 Cairnhill Heights Cairnhill Rise Tiong Seng and Ocean Sky 50
1H 2019 Tulip Garden Farrer Road MCL Land/ Yanlord Group 670
1H 2019 Dunearn Gardens Dunearn Road EL Development 348
1H 2019 Eunos Mansion Bedok Reservoir Road Fragrance Group 230
1H 2019 Katong Park Towers Arthur Road Bukit Sembawang 390
1H 2019 Makeway View Makeway Avenue Bukit Sembawang 150
1H 2019 Chong Kuo Road Chong Kuo Road Lian Soon Holdings/ OKP Land 80
1H 2019 Kismis View Lorong Kismis Roxy Pacific HOldings/ Tong Eng 160
1H 2019 City Towers Bukit Timah Road Japura Development 290
1H 2019 Pearl Bank Apartments Pearl Bank Capitaland 810
1H 2019 Riviera Point Kim Yam Road Macly Group 60
1H 2019 Holland Road Holland Road Far East Organization 850
1H 2019 Cuscaden Road Cuscaden Road SC Global/ New World Devt/ Far East Consortium 220
1H 2019 Royalville Bukit Timah Road Allgreen Properties 320
1H 2019 Juniper Hill Ewe Boon Road Allgreen Properties 130
1H 2019 Parkway Mansions Amber Road Sustained Land 140
1H 2019 Fyve Derbyshire Derbyshire Road Roxy Pacific Holdings 70
1H 2019 Chancery Court Dunearn Road Far East Organization 480
1H 2019 Royal Oak Residence Anderson Road Far East Consortium 110
1H 2019 Park House Orchard Boulevard Shun Tak Holdings 170
1H 2019 Nassim Nassim Road Shun Tak Holdings 123
1H 2019 Jiak Kim Street Jiak Kim Street Frasers Centrepoint 455
1H 2019 Nanak Mansion Meyer Road UOL/ Kheng Leong 56
1H 2019 Hillview Rise Hillview Rise Hong Leong 570
1H 2019 Amber Park Amber Gardens CDL/ Hong Leong 529
1H 2019 Treasure at Tampines Tampines St 11 Sim Lian Holdings 2,225
1H 2019 Handy Road Handy Road CDL 200
1H 2019 Changi Garden Upper Changi Road North Chip Eng Seng 320
1H 2019 The Gazania How Sun Drive Singhaiyi Group 250
1H 2019 The Lilium Ho Sun Road Singhaiyi Group 80
1H 2019 Mattar Road Mattar Road Tiong Aik/ Hock Lian Seng 253
1H 2019 Silat Avenue Silat Avneue UOL/ UIC/ Kheng Leong 1,074
1H 2019 Kemaman Point Balestier Road Soilbuild Group 120
1H 2019 Sumang Walk Sumang Walk CDL/ TID 820
1H 2019 Florence Regency Florence Road Logan Property 1,450
2H 2019 Phoenix Height Phoenix Road OKP Holdings/ USB Holdings 79
2H 2019 Pacific Mansion River Valley Close Guocoland/ Hong Leong 720
2H 2019 Hollandia and The Estoril Holland Road FEC International 320
2H 2019 Anchorvale Crescent (EC) Anchorvale Crescent Evia Real Estate/ Gamuda 550
2H 2019 Canberra Link (EC) Canberra Link Hoi Hup/ Sunway Developments 580
2H 2019 Brookvale Park Brookvale Walk Hoi Hup/ Sunway Developments 790
Total 19,139

 

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There is a wide range of new projects for potential buyers to choose from, but is it a good time to enter the market?

Let’s consider a few factors.

  • Trade war. Will it play out? No one knows, though sentiment right now is fairly negative and neither China nor the US seems to be backing down.
  • Brexit. Another tough call. The UK’s democratic process is playing out exactly as a democratic country should – quite a lot of argument, politicking, and delays in getting things done.
  • Stock market at peak. Will there be a reversal? If you believe in cycles, then potentially yes. But could it continue to go higher given the amount of liquidity in the market? Potentially yes also.



Let’s look at the Singapore property market itself.

Prices are on average at S$1,550 psf across new condos, resale condos, all around Singapore.

It has risen from approximately S$500 psf in 2004 and from S$750 in the midst of the global financial crisis in 2008.

Singapore property prices 99co

Evidently, property remains a stable performer and a good investment, delivering capital gain returns of about 7 to 10% per year.

There are some advantages to buying new condominiums.

During construction, the full monthly mortgage payment is not required to be paid by a buyer. Instead, the payments are in tranches depending on the construction progress of the condominium.

Minimal renovation needed. The condo is delivered to you with flooring done, walls painted, kitchen cabinets installed, bedroom wardrobes installed, air conditioners installed around the house, toilet sinks, showers etc. installed. A resale condo may need to be extensively renovated, involving costs of hacking and demolition and installation.

Fresh 99 year lease. You will definitely be getting a longer lease with a new condo compared to an older one.

Modern facilities. Developers are getting more competitive with the installation of facilities in a condo to differentiate themselves. These include those in the common areas such as swimming pools (creatively called hydrotherapy or relaxation pools) and in the unit itself (smart home systems, voice activation of lights etc.)

Based on URA’s data, there has been a recovery in property prices since mid 2017, together with a fall in vacancy rates.

Property prices making a trough in mid 2017

property price index ura 3Q2018

The following chart showing falling vacancy rates falling since mid 2016 suggests that some life is entering the rental market.

Falling vacancy rates ura 3Q2018Property remains a well loved investment in the minds of Singaporeans, and what better way is there to get on the bandwagon of getting rich by investing in property.

2019 is set to be a year where you as a buyer can cherry pick from many new condos.

Never too late to get started on your property journey.


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