In our New Launch projects section, you can find the latest New Launch condos for sale, together with the property news on upcoming projects and all you need to know about new condo launches in Singapore.
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There are different types of property in Singapore and 80 percent of the population stay in HDB flats also known as public housing. The rest of Singaporeans reside in private residential such as condominiums, walk up apartments and landed properties.
Singaporeans like to invest in new launch projects and resale private condos. Other real estate asset classes include the commercial retail shops and industrial units B1 or B2 which are not subject to Additional Buyer Stamp Duty (ABSD).
A 5 room HDB flat at 296C Bukit Batok Street 22 was just sold for a record high price of $1.06 million ($855 psf). The lease of the 115 sqm flat started in 2018, leaving it with a remaining lease of 91 years. The flat is located on the 37th to 39th storey range. This floor area is equivalent to 1,238-sq ft.
The recent transaction surpassed the previous record high for 5 room resale flats in Bukit Batok. In January 2026, a 5 room at 296B Bukit Batok Street 22 was sold for $1.03 million ($843 psf). That flat measures 1,216 sq ft and is located on the 28th to 30th storeys. Both flats started their lease in 2018.
These two resale transactions surpassed last year’s record high of $1.02 million ($822 psf), which was set by a flat that is located at 296A Bukit Batok Street 22. That unit was sold in March 2025. The flat measures 1,238 sq ft. It is located on the 31st to 33rd storeys and it has a remaining lease of 92 years.
A private property transaction was recently recorded nearby, an executive condominium at The Dew along Bukit Batok Street 21 was sold for 1.5 million.
You can check all the resale transactions (and more) for 5 room flats in Bukit Batok using our property research tools.
The HDB flat should appeal to parents with school-going children, as they are within walking distance of several schools, including Bukit View Primary School, St. Anthony's Primary School, Lianhua Primary School, Bukit View Secondary School, Crest Secondary School and Hillgrove Secondary School. Nearby MRT stations include Bukit Batok, Jurong East and Bukit Gombak. Grocery shopping can be done in places like Sheng Siong Supermarket, Giant Supermarket and FairPrice Xtra JEM.
An executive HDB flat at 605 Ang Mo Kio Ave 5 was just sold for a record high price of $1.35 million ($705 psf). The lease of the 178 sqm flat started in 1980, leaving it with a remaining lease of 53 years. The flat is located on the 7th to 9th storey range. This floor area is equivalent to 1,916-sq ft.
The recent transaction surpassed the previous record high for executive flats in Ang Mo Kio. In August 2024, an executive at 422 Ang Mo Kio Ave 3 was sold for $1.32 million ($705 psf). That flat measures 1,873 sq ft and is located on the 13th to 15th storeys.
These two HDB transactions surpassed 2024's record high of $1.3 million ($679 psf), which was set by a flat that is located at 611 Ang Mo Kio Ave 5. That unit was sold in July 2024. The flat measures 1,916 sq ft. It is located on the 10th to 12th storeys and it has a remaining lease of 55 years.
Two private property transactions were recently recorded nearby, a condominium at Seasons Park along Yio Chu Kang Road was sold for 1.76 million and an apartment at Lentor Modern along Lentor Central was sold for 3.4 million.
You can check all the resale transactions (and more) for executive flats in Ang Mo Kio using our property research tools.
The HDB flat should appeal to parents with school-going children, as they are within walking distance of several schools, including Anderson Primary School, Mayflower Primary School, Ang Mo Kio Primary School, Peirce Secondary School, Mayflower Secondary School and Peicai Secondary School. Nearby MRT stations include Yio Chu Kang, Lentor and Mayflower. Grocery shopping can be done in places like Sheng Siong Supermarket, FairPrice Xtra AMK Hub and ACE Marketplace.
Riverfront condominium River Modern achieved a strong launch performance, selling about 90 per cent of its units over its debut weekend. Developer GuocoLand announced on Sunday (Mar 8) that 410 of the project’s 455 units were taken up at an average price of S$3,266 per square foot (psf).
Prices for the apartments ranged from about S$1.5 million for a two-bedroom unit to S$6.7 million for a four-bedroom apartment. The highest transacted price during the launch weekend reached S$3,693 psf.
The 99-year leasehold development sits in District 9 along River Valley and comprises 455 residential units spread across two 36-storey towers. The project occupies a 126,325 sq ft site and includes about 4,300 sq ft of commercial space on the ground floor.
According to GuocoLand, the project saw strong demand across all unit types, with Singaporeans and permanent residents making up nearly all buyers. Most purchasers are owner-occupiers, ranging from singles to multi-generational families.
Sales were particularly robust for the mid-sized units. Of the 175 two-bedroom apartments, 88 per cent were sold, while 95 per cent of the 210 three-bedroom units were taken up. About 80 per cent of the 70 four-bedroom apartments were also transacted during the launch weekend.
River Modern is the fourth condominium to be launched in the River Valley area in roughly six months. One of its key draws is its direct connection to Great World MRT Station on the Thomson-East Coast Line, providing residents with convenient access to the rest of the island.
Property agencies said the strong take-up rate highlights sustained demand for well-located projects within Singapore’s Core Central Region (CCR). Other recent launches in the prime district, including Skye at Holland, Zyon Grand and River Green, have also recorded solid launch weekend sales.
JT Chia, Managing Director at Propertyforsale, said River Modern’s pricing played a role in attracting buyers. Entry prices for its two- and three-bedroom units fall largely within the S$1.5 million to S$2.5 million range.
Another factor that likely boosted demand is the availability of river-facing units. A significant portion of the apartments offers views of the Singapore River, and analysts noted that new waterfront homes with unobstructed views remain relatively scarce in the city centre.
He said that Singapore’s continued appeal as a “safe haven” for investors amid ongoing geopolitical uncertainties, including tensions in the Middle East.The strong sales at River Modern underscore the resilience of Singapore’s property market, which is supported largely by local housing demand and the country’s political and financial stability.
Some market observers also noted that recent volatility in global equities may have prompted buyers to turn to property as a more stable asset class. With financial markets experiencing sharp swings, real estate — particularly in a transparent and well-regulated market like Singapore — continues to appeal to buyers seeking long-term value and stability.
Singapore is set to redefine the skyline of public housing with the launch of its tallest Housing and Development Board (HDB) development at Pearl’s Hill, marking the first Build-to-Order (BTO) project in the area in more than four decades. The project will rise on the site of the former Outram Park Complex and is expected to be launched within the next few years.
The announcement was made by Chee Hong Tat, Singapore’s National Development Minister, during the debate on the Ministry of National Development’s spending plans in Parliament. The new development will be located at the base of Pearl’s Hill City Park and next to Outram Park MRT Station, offering residents excellent connectivity to the city and surrounding neighbourhoods.
The project will comprise around 1,700 flats, including two-room flexi, three-room and four-room units, as well as more than 140 public rental flats. According to the Housing and Development Board (HDB) and the Ministry of National Development (MND), the development will feature residential towers exceeding 60 storeys, making it the tallest public housing project in Singapore. The blocks will be built at varying heights to create a more dynamic skyline and improve urban design.
Currently, the record for the tallest HDB project is held by Pinnacle@Duxton at Cantonment road, which stands at 50 storeys. By comparison, most of Singapore’s tallest HDB blocks today reach about 40 storeys. Mr Chee noted that building taller residential towers allows Singapore to maximise limited land resources. A 60-storey building, for instance, can accommodate about 50 per cent more flats than a 40-storey block.
HDB said it is able to pursue greater building heights in the Pearl’s Hill area because the location has fewer height restrictions compared with other parts of Singapore. The agency added that it will consider building higher where site conditions allow in order to optimise land use while maintaining quality living environments.
Despite the push for higher-density housing, the authorities emphasised that design and liveability remain key priorities. “We will proceed carefully and sensitively, building taller only when conditions allow,” Mr Chee said, noting that careful attention will be given to architectural design, urban integration and residents’ quality of life.
The new development will draw inspiration from the heritage of nearby Chinatown, Singapore, incorporating design elements that reflect the area’s cultural identity. Plans also include generous green and landscaped spaces within the estate. Residents will enjoy improved access to surrounding greenery, with the project designed to strengthen pedestrian connectivity between Pearl’s Hill City Park and Outram Park MRT station.
The Pearl’s Hill BTO project forms part of a broader transformation of the district. In November 2023, the Urban Redevelopment Authority (URA) announced plans to progressively develop about 6,000 homes in the Pearl’s Hill area over the next decade. These homes will include a mix of BTO flats, public rental units and private residential developments.
Future residents will also benefit from a range of amenities planned for the neighbourhood. A proposed mixed-use development integrated with Outram Park MRT station will offer retail, dining and community facilities to serve the growing population.
Further details of the Pearl’s Hill BTO project, including flat types and launch timelines, will be announced by HDB closer to its official launch in the coming years. Once completed, the landmark development is expected to become a new icon of high-rise public housing and a key milestone in Singapore’s efforts to optimise land use while creating vibrant and liveable urban communities.
Chee Hong Tat said that as of mid-February, HDB resale prices for Housing and Development Board flats in 2026 have edged down slightly by 0.1 per cent.
Resale prices increased by 2.9 per cent in 2025, a sharp moderation from the 9.7 per cent rise in 2024 and the slowest annual growth since 2019.
Mr Chee attributed the easing momentum to the strong pipeline of Build-to-Order flats and property cooling measures introduced in recent years. He added that authorities are monitoring the market closely and are prepared to adjust policies if necessary, noting that more flats will reach their Minimum Occupation Period in the coming years, which will add to the supply of resale units.
A government land sale (GLS) tender for a private housing site near Lentor MRT station drew a higher-than-expected top bid, with a GuocoLand-led consortium placing an offer of S$657.1 million — the highest land price per square foot per plot ratio (psf ppr) recorded in the Lentor Hills Estate to date.
The consortium, comprising GuocoLand, Intrepid Investments and TID Residential, secured the eighth 99-year leasehold site released by the state in the new Lentor Hills Estate over roughly five years, outbidding four other developers. The plot in Lentor Central, which can generate about 560 private homes, attracted five bids in total — in line with property analyst forecasts of between one and five.
The top bid, at S$1,278 psf ppr, eclipses the winning bids for all seven earlier sites sold in Lentor Hills Estate between 2021 and 2025, underscoring rising land values in the estate and continued developer appetite for well-located suburban sites.
Five bidders, tight competition at the top
The GuocoLand consortium's top bid was 5.7 per cent above the second-highest offer of S$1,208.49 psf ppr, submitted by a consortium comprising Frasers Property, Sekisui House and Metro Soilbuild Development.
Kingsford Group placed the third-highest bid at about S$1,130 psf ppr, followed by a unit of China Overseas Land & Investment at nearly S$1,052 psf ppr. Kheng Leong Company submitted the lowest bid of S$949.55 psf ppr.
The top bid is 6.1 per cent above the S$1,204.47 psf ppr achieved for the nearby Lentor Modern, which was awarded to GuocoLand in 2021.
GuocoLand's vision: three towers, reservoir views
If awarded the site, GuocoLand's consortium plans to develop a project with three residential towers housing up to 562 units, rising to 27 storeys. A GuocoLand spokesperson said most units would have unblocked views of the surrounding landed housing estate, Lower Seletar Reservoir or Lower Peirce Reservoir, given the height and openness of the site.
The site sits beside Lentor Modern — a 605-unit private residential development with a retail mall at its base — and is adjacent to Lentor MRT station on the Thomson-East Coast Line, offering future residents direct access to public transport and amenities.
"The site's location next to Lentor Modern mall and Lentor MRT station means greater connectivity and convenience for the residents in the future project," the developer spokesperson added.
Launch prices could reach S$2,250–S$2,400 psf
JT Chia, Managing Director of PropertyForSale, said the developer could look to launch the new project at an average price of S$2,250 to S$2,400 psf, based on the top bid price of S$1,278 psf ppr.
He pointed out that among the six residential projects already launched in the Lentor vicinity— totalling 2,954 units — only 44 units remain unsold.
Hillock Green was recently transacted at $2,522 PSF for a high floor 2 bedrooms unit between 21st to 25th floor.
Lentor Hills Residences will TOP at the end of this year 2026.
The estate is also near well-regarded schools, including Presbyterian High School, Anderson Primary School and CHIJ St Nicholas Girls' School — a draw for families with school-going children.
Strong demand story underpins developer confidence
Analysts attributed the healthy bidding to the proven track record of the Lentor Hills precinct.
A 502-unit project, Lentor Gardens Residences — on the seventh Lentor Hills site, which was secured by Kingsford at an April 2025 tender — is expected to be launched this year, adding to the pipeline of homes in the estate.