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Hillview Rise | D23
Lentor Gardens Residences
Lentor gardens | D20
List Of New Condo Launches In 2023
Est $TBA PSF
Hillview MRT Station
Est. Launched: 31/12/23
Lentor Gardens Residences
Est $TBA PSF
Lentor MRT Station
Est. Launched: 31/12/23
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 2023: Exciting Investment Opportunities”
Singapore’s real estate market is booming, and 2023 is poised to be a year of exciting new condo launches. Developers are already gearing up to unveil their latest projects, with a range of new condos set to hit the market throughout the year. These new developments promise to offer buyers a range of options, from luxury high-rise apartments to more affordable options in up-and-coming neighborhoods.
For developers, the new condo launch market in Singapore is a highly competitive one. With the Urban Redevelopment Authority (URA) closely monitoring new developments to ensure they meet strict guidelines, developers must work hard to create projects that are both innovative and sustainable. This means incorporating green spaces, energy-efficient features, and other amenities that appeal to modern buyers.
For buyers, the new condo launch market in Singapore offers a range of exciting options. Whether you’re looking for a luxurious high-rise with stunning views of the city or a more affordable option in a up-and-coming area, there’s sure to be a new condo development that meets your needs. With developers vying for buyers’ attention, many new launches offer attractive incentives and promotions, making it a great time to invest in Singapore’s real estate market.
When it comes to purchasing a new condo in Singapore, location is one of the most important factors to consider. The island nation is divided into four main regions: Central, West, East, and North. Each region has its own unique attributes that make it an attractive place to live.
The Central Region is the heart of Singapore and is highly sought after due to its proximity to the city’s business and financial districts. It is home to some of the most prestigious neighborhoods in the country, including Orchard, River Valley, Holland Village, and City Hall. These areas are known for their luxurious condos, high-end shopping, and fine dining options.
The West Region is a popular choice for families due to its abundance of parks, nature reserves, and outdoor recreational activities. It is home to neighborhoods such as Buona Vista, Bukit Timah, and Jurong, which offer a mix of landed properties and high-rise condos. The West Region is also home to the upcoming Tengah new town, which is set to be Singapore’s first smart and sustainable town.
The East Region is known for its laid-back lifestyle and proximity to the beach. It is home to popular neighborhoods such as Tampines, Bedok, and Pasir Ris, which offer a mix of HDB flats, landed properties, and condos. The East Region is also home to Changi Airport, making it a convenient location for frequent travelers.
The North Region is a rapidly developing area that is attracting more and more young families. It is home to neighborhoods such as Sembawang, Yishun, and Woodlands, which offer a mix of HDB flats and condos at more affordable prices than other regions. The North Region is also home to the upcoming Bukit Canberra, a new integrated sports and community hub that will feature a range of facilities for residents.
Overall, Singapore offers a range of attractive locations for those looking to purchase a new condo. No matter which region you choose, you can be sure that you will be living in a safe, clean, and well-connected city that offers an unparalleled quality of life.
The new condo launches in Singapore in 2023 include The Reserve Residences, Sceneca Residence, Newport Residences, Lakegarden Residences, Verticus, Treasure at Tampines, The Gazania, and The Florence Residences. These projects offer a variety of unit types, ranging from one to five bedrooms, with different layouts and sizes to suit different needs and preferences.
The launch dates for these new condo projects in Singapore range from April 2023 to 2028. Interested buyers can check with the developers for specific launch dates and details.
Developers for these new condo launches in Singapore include Far East Organization, GuocoLand, MCC Land, Wing Tai, and others. These developers have a proven track record of delivering quality projects and are known for their attention to detail, innovative designs, and commitment to sustainability.
Prices for these new condo projects in Singapore vary depending on the location, size, and type of unit. Interested buyers can contact the developers or property agents for more information on pricing and availability.
Some developers may offer discounts or promotions for early bird buyers or bulk purchases. Interested buyers can check with the developers for any ongoing promotions or discounts.
Most of these new condo projects in Singapore are located near MRT stations, providing easy access to public transportation and connecting residents to different parts of the city. For example, The Reserve Residences is located near the upcoming Beauty World MRT station, while Sceneca Residence is located near the upcoming Lentor MRT station.
Shopping and Amenities
These new condo projects in Singapore are also located near shopping malls, supermarkets, restaurants, and other amenities. For example, The Florence Residences is located near Kovan Heartland Mall, while Verticus is located near Balestier Plaza. Residents can enjoy a wide range of shopping and dining options, as well as recreational facilities such as parks and sports complexes.
Types of Condo
When it comes to buying a new launch private condo in Singapore, buyers have to be prepared for the process. Firstly, they need to research the various developers and their projects to find the one that suits their needs. Hoi Hup and Sunway are two of the renowned developers in Singapore that have several upcoming projects in the pipeline. Once a buyer has identified a project, they need to check the pricing, location, and unit size. They should also check if the developer has a good track record in completing projects on time and delivering quality work.
Buying a new launch executive condominium (EC) is a bit different from buying a private condo. ECs are a hybrid of public and private housing, and they come with certain eligibility criteria. Buyers must be Singapore citizens or permanent residents and must meet certain income criteria. Tenet is a well-known developer in Singapore that has several upcoming EC projects. Buyers need to check if they are eligible for an EC and then research the various projects to find the one that suits their needs.
Once a buyer has identified a project, they need to register their interest with the developer. The developer will then invite them to a balloting exercise, where they will be assigned a queue number. The higher the queue number, the later the buyer gets to select their preferred unit. Buyers need to be prepared to pay a booking fee of around 5-10% of the purchase price. They also need to secure a housing loan before they can exercise their option to purchase. Buying a new launch condo in Singapore can be a lucrative investment for buyers. However, it requires careful planning and research. By following the above steps, buyers can make an informed decision and secure their dream home.
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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