The final quarter of 2024 is set to be a HOT period in the housing market, with 4,632 new homes entering the market and a variety of new condo launches on the horizon. Whether you’re a first-time buyer, upgrading to a larger space, or seeking investment opportunities, various options will suit diverse needs.
Adding to the appeal, the recent Federal Reserve interest rate cuts have created a perfect window for buyers. Lower borrowing costs mean more affordable mortgage payments, making this an ideal time to secure a new home. With favorable financial conditions and plenty of new choices, now is the moment to act in the real estate market.
Mixed Use Developments
One Sophia is a mixed development comprising offices, retail, and residential with studios 1br, 2br & 3br located at the former Peace Centre. Union Square Residences (former Central Square and Central Mall) is a new large-scale development comprising condominium units, co-living spaces, and offices in Havelock Road, ready by 2029. Aurea, located at Beach Road, District 07, the project will offer a mix of residential, office, medical, and retail components. Auera is set to preserve the iconic look of the former Golden Mile Complex.
Most Anticipated New Condo Launch
Norwood Grand, which is the first new condo launch in Woodlands in the past 12 years! with probably the lowest $ Per Square Foot (PSF) in 2024, is set to be a blockbuster success. Chuan Park is one of the year’s most anticipated and talked about projects! Located at a city fringe location, a mega-development of 916 units beside Lorong Chuan MRT. The last development in this area was 14 ago!
East Coast Lovers
Following the successful launch of Meyer Blue, which sold over 50% at launch, the east side is getting even hotter with two new launches. Emerald of Katong Featuring 846 exquisite units, ranging from 1+Study to 5 Bedrooms, this luxurious development is just a short 5-minute walk to Tanjong Katong MRT and within 1km to reputable primary schools! Arina East Residences is a rare Freehold development with a unit mix of 1 to 4 bedrooms, an excellent layout, and a 3-minute walk to Katong Park MRT.
Rare Gems not to be missed!
Nava Grove in D21 (Clementi) enjoys a prime location surrounded by lush greenery. The project offers amazing landscaping with convenient access and is just a 5-minute drive from Holland Village and nearby many educational institutes. The development features three 24-storey towers housing 552 apartment units in 2 to 5 Bedrooms.
Marina View The Residences is a 51-storey luxury skyscraper in Marina Bay that offers 683 residences, including 1-to-5 bedroom units and three exclusive penthouses. Integrated with the 5-star W Singapore – Marina View Hotel, it provides W-standard services like a personal concierge, 24/7 in-residence dining, and digital key management. Residents also enjoy hotel-grade facilities curated by award-winning Hachem.
The last Executive Condo in 2024
Novo Place EC is located in Singapore’s first innovative car-free and forest town, Tengah Plantation Close. Residents will enjoy the best of both worlds with serene forest surroundings and easy access to the upcoming Jurong Lake District (JLD), Singapore’s next central business district.
Project | Location | Units | Developer | Preview |
---|---|---|---|---|
Sophia Road (D09 | CCR) | 122 | SingHaiyi / KSH | Launched 2 Oct | |
Champions Way (D25 | OCR) | 348 | CDL | Launched 4 Oct | |
Lorong Chuan (D19 | OCR) | 916 | Kingsford Development | 19 Oct | |
Jalan Tembusu (D15 | RCR) | 846 | Sim Lian Group | 25 Oct | |
Havelock Road (D01 | RCR) | 366 | CDL | 1 Nov | |
Pine Grove (D21 | RCR) | 552 | MCL Land / Sinarmas Land | 2 Nov | |
Plantation Close (D24 | OCR) | 504 | Hoi Hup / Sunway | 2 Nov | |
Marina View (D01 | CCR) | 683 | IOI Properties | Nov | |
Beach Road (D07 | CCR) | 188 | FEO / Perennial / Sinoland | Nov | |
ARINA EAST RESIDENCES | Tanjong Rhu Rd (D15 | RCR) | 107 | ZACD Group | Nov |