Singapore property market picks up; new condo launches to need attention

Singapore's real estate market is gradually improving, especially new condo launches with many attractive advantages, creating the excitement of the market. Following Singapore's High Alert Phase 2 (HA), developers have sold fewer homes as tighter restrictions have reduced showflat and property views. As a result, new launch activity was also slowed down. However, with the progress of phase 3 HA and with new launches coming soon, new home sales are expected to pick up again. If you're looking for a new property on the market, here are some of the upcoming condos you need to keep an eye on.

New condo launches buildings with many attractive advantages will create excitement in the market and increase the demand for houses.

If you are looking to invest in real estate and are interested in new condo launches, explore upcoming projects right here. With detailed project information, you will have more options

One Bernam - new condo launches with over 80% of first phase units sold

As one of the new condo projects - One Bernam has received a lot of welcome from its recent launch. The developer of this project said that more than 80% of the first phase out of 100 apartments was closed by the end of the launch week. Due to tightening Covid-19 measures, developers have launched apartments for sale in phases and moved the booking date one day in advance to May 7. More than 90% of the units sold are units. one- and two-bedroom apartments, with an average selling price of S$2,650 per square foot. The developers say most homebuyers are Singaporean citizens and permanent residents.

Image of new condo launches: One Bernam Facade.

One Bernam is located at 1 Bernam Street at Tanjong Pagar. This is a new condo launches and a complex consisting of a 351-unit apartment building; a two-story retail space - 15,726 square feet; and a 13-key boutique serviced apartment.

This project has two separate home offerings: The Prestige Collection includes one, two and two bedroom classrooms; and the Palazzo Collection, consisting of 29 3-bedroom apartments, 2 3-bedroom penthouses, and 1 5-bedroom penthouse. There are a total of 35 lifestyle facilities located on the entire 4th and 34th floors.

Reportedly, this is the sixth residential development cooperation between MCC Group in Singapore and Hao Yuan Group. MCC Group in Singapore was the project manager for all five previous projects developed by Hao Yuan Group.

Perfect Ten - new condo launches with attractive deal

Next is Perfect Ten - one of the upcoming Freehold apartments of Japura Development Pte Ltd, a subsidiary of CK Asset Holdings Ltd. Located in District 10 along Bukit Timah Road, the project offers 230 apartments with a total floor space of 219,500 units in approximately 104,500 square feet of land. Expected to be completed in 2024, this new apartment will bring top amenities to residents upon completion.

Image of new condo launches: Perfect Ten Facade

Future residents of the project will not have to worry about transportation because it is very close to some public transport. Those using the metro as their primary means of transport will love this development as it is just a 9-minute walk from Newton MRT Station, providing access to the Downtown Line and North-South Line. Alternatively, Stevens MRT Station on the Downtown Line is a 15-minute walk from Perfect Ten. Both these metro stations make it convenient for people to travel around CCR to go to work or school.

Located in District 10, Perfect Ten is one of the most sought after residential areas in Singapore. The area is located inside the Core Central Area (CCR), where most of the country's luxury real estate can be found. Possessing a prime location, this apartment is one of the best real estate options for urban dwellers and families with children as all amenities are easily accessible from the apartment. For example, it is close to public transport and shopping malls are nearby for easy shopping and entertainment. This apartment is also located along the Bukit Timah Education Belt, with the apartment complex surrounded by many prestigious schools where parents can send their children to quality education.

If you are interested in the Perfect Ten project, check it out today! This is an attractive new condo launches in the area that you should not miss, now it has a special price!