
As we enter the mid-year of 2023, the Singapore property market is still experiencing a boom in new condo launches. With the increasing demand for housing in Singapore, developers are racing to introduce new and innovative residential projects to the market. We will provide a comprehensive review of the latest new condo launches in Singapore, covering their unique features, locations, and pricing.
The latest new condo launches in Singapore offer a diverse range of options for homebuyers, from luxurious high-end developments to affordable executive condominiums. These new developments are located in various parts of Singapore, from the bustling city center to the tranquil suburbs.
In this review, we will explore the features and benefits of each new condo launch and provide our insights on the best options for different types of buyers. Whether you are a first-time buyer, an investor, or looking for an upgrade, we will provide you with all the information you need to make an informed decision.
Overview of Singapore New Condo Market
As we look at the current state of the Singapore property market, we see that new launch condos continue to be in high demand. With state-of-the-art amenities, innovative designs, and a range of unit sizes and layouts to suit different lifestyles and budgets, new launch condos are attracting a lot of attention from homebuyers.
Current State of the Market
Despite concerns over rising mortgage rates and a potential slowdown in the global economy, the Singapore property market continues to defy expectations. In fact, prices for new condo launches hit new highs in 2023. This is due in part to the fact that the condo market in Singapore is growing rapidly.
Another factor that is contributing to the strong demand for new launch condos is the fact that many of these properties are freehold condominiums. This means that buyers own the property outright and are not subject to the restrictions that come with a leasehold property.
Top New Condo Reviews
If you are looking for a new condo in Singapore, you might want to check out the latest condo development.
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Dunman Grand Review
6.5/10Amenities
Development
Resale Potential
Rental Yield
Overall, based on the above analysis, we would give an overall score rating of 6.5 out of 10 for Grand Dunman as it has good proximity to amenities and potential for resale and rental yield. However, the lack of information regarding leasehold tenure and selling price per square foot make it difficult to provide a definitive rating.
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Lentor Hills Residences Review
7/10Amenities
Development
Resale Potential
Rental Yield
Overall, based on my analysis and evaluation of these factors, I would rate Lentor Hills Residences as an 7 out of 10 in terms of investment potential.
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Blossoms By The Park Review
8/10Amenities
Development
Resale Potential
Rental Yield
Overall, Blossoms by the Park is an attractive option for potential buyers looking for a condo in a prime location with good resale potential. Its proximity to amenities and future developments in the area are significant advantages that make it worth considering. We would give it an overall score of 8/10.
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The Botany at Dairy Farm Review
7.6/10Amenities
Development
Resale Potential
Rental Yield
Overall, The Botany at Dairy Farm offers a desirable location near nature spots while providing easy access to public transportation options like Hillview MRT station. The range of facilities available caters to different needs across various demographics making it ideal for families looking for a mid-sized development with lush landscapes. Suitable for small to medium-sized families with attractive pricing relative to other developments in the area like Hillion Residences or Parc Clematis, The Botany at Dairy Farm represents a good investment opportunity.
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Tembusu Grand Review
8/10Amenities
Development
Resale Potential
Rental Yield
Overall, Tembusu Grand is an attractive condo project with a great location and solid potential for resale and rental yield. Its proximity to amenities and future development plans in the surrounding area make it a desirable investment option. Therefore, we rate it 8/10.
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Lentor Modern Review
7/10Amenities
Development
Resale Potential
Rental Yield
Based on my analysis and ratings above, I’d give Lentor Modern Condo an overall score of 7/10. It has excellent access to amenities and public transportation while having reasonable pricing compared to other condos within District 26 standards with similar facilities but without direct MRT access like this one does. Additionally, with its potential resale value and rental yield coupled with upcoming developmental plans in its vicinity makes it an attractive option for those looking at buying a new launch condo in Singapore’s OCR region with quick capital appreciation over time despite being sold under leasehold tenure.
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Copan Grand Review
8/10Amenities
Development
Resale Potential
Rental Yield
While Copen Grand offers convenient access to transportation hubs and schools as well as reasonable sale prices, buyers should consider its leasehold status when evaluating its long-term value. However, with planned development in the region and moderate potential for resale and rental yield, Copen Grand could still be an attractive option for those seeking affordable housing.
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The Reserve Residences Review
7.5/10Amenities
Development
Resale Potential
Rental Yield
The Reserve Residences scores high in terms of proximity to amenities, future developments, potential rental yield, and resale potential. Its leasehold tenure might be a slight drawback for some buyers looking for freehold properties. However, given its strong selling points, it remains an attractive investment option in the Singapore property market.
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Mattar Residences Review
8/10Amenities
Development
Resale Potential
Rental Yield
Based on my analysis of the above factors, I would rate this condo project a score of 8 out of 10. The proximity to amenities and resale potential factor received the highest scores, while sale PSF price and potential rental yield were slightly lower due to higher competition and average rental yields in this region. However, with several upcoming developments planned by URA for this area, there is potential for appreciation and growth in the future.
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The Continuum Review
9/10Amenities
Development
Resale Potential
Rental Yield
The Continuum is a freehold development in District 15. Freehold properties generally have better potential for capital appreciation compared to leasehold properties as they don’t have a fixed lease period that may devalue the property over time.
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K Suites Review
7.5/10Amenities
Development
Resale Potential
Rental Yield
K Suites offers a good balance of proximity to amenities, freehold tenure, and decent sale PSF prices. Its resale potential and rental yield are promising as well, with future developments in the surrounding area expected to bring more convenience for residents.
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North Gaia Review
7.5/10Amenities
Development
Resale Potential
Rental Yield
North Gaia EC presents an attractive option for prospective buyers seeking a balance between nature and modern conveniences in a serene environment. The development’s strategic location amidst greenery while still being well-connected to essential amenities provides residents with an ideal living situation.