What were the 2022 New Launches Condo in Singapore?

Last Updated October 3, 2023

Reading Time 7 minutes

Checkout the 2022 New Launches Condo in Singapore

Based on the land sales in 2021, we can do an estimation for possible selling price when the land was bidded, by factoring the developer’s costs (i.e licensing, construction, profits margin…etc).  The following chart give a general guideline of the selling pricing across different regions for good size developments. I.e
Out of Central Region (OCR) at $1,9xx psf averagely,
Rest of Central Region (RCR) at $2,2xx psf averagely, 
Core Central Region (CCR), at $2,8xx psf averagely. 

New Launch Prices in 2022-2023
2022-2023 New Launches General Price Guide

We provide here a compilation of the upcoming condominiums and apartments, this post will be updated periodically as new information arises. Kindly bookmark it or register interest in the form at bottom, so we can update you the market in timely manner. You could also Whatsapp Us to have the monthly market update send to your whatsapp directly. 
Some which are not able to make it in 2022 had launched in the next year instead (2023). 

2022 New Launches in Singapore

District Project Address Tenure Developer Unit Land (psf ppr)
1 Former AXA Tower 8 Shenton Way 99-yrs Perennial Holdings 268  
1 Marina View Marina View 99-yrs IOI 905 $1379
1 Former Maxwell House Maxwell Road 99-yrs Singhaiyi 250 $1183
2 Former Realty Centre 15 Enggor St Freehold The Place Holdings 114  
2 Former Fuji Xerox Anson Road Freehold CDL 256  
3 Cape Royal 11 – 25 Cove Way, Sentosa 99-yrs Ho Bee Group & IOI 302  
5 Terra Hill
(Former Flynn Park
Yew Siang Road Freehold Hoi Hup & Sunway 270 $1355
5 Blossoms by the Park Slim Barracks Rise (Parcel A) 99-yrs EL 265 $1246
5 (GLS Parcel B) Slim Barracks Rise (Parcel B) 99-yrs Kingsford 140 $1210
8 Lavender Residence 288 Lavender Street Freehold FLJ Property Pte Ltd 17  
8 Piccadilly Grand Northumberland Road 99-yrs CDL & MCL 407 $1129
9 House Hill 10A &B Institution Hill 999-yrs Macly & Roxy Pacific 72 $1370
9 (3x residential) 2,4,6 Mount Emily Road Freehold ZACD 18 $1,115
9 (2x residential) 33 Devonshire Freehold Sekon International (S) Pte Ltd 21  
9 Former Fairhaven &
Sophia Ville
130 Sophia Rd Freehold Undisclosed 90 $1239
9 Sophia Regency
(Former Casa Sophia)
105 Sophia Road Freehold East Asia Sophia Development 38  
9 Former Peace Center /
Peace Mansion
1 Sophia Road 99-yrs CEL/Singhaiyi 240 $1428
10 (3x terraces) 6A/B/C Robin Drive Freehold Robin Development, 13 $1454
10 Jervois Prive
(former Jervois Green)
100a Jervois Road Freehold Jervois Midas Pte Ltd 43 $1601
11 Enchante 1C Evelyn Road Freehold Victory Land Pte Ltd 25 $1363
11 Former Surrey Point 2 Surrey Road Freehold Amara Holdings 36 $1434
11 Ikigai 38 Shrewsbury Road Freehold Opulent Development Pte Ltd 16  
11 Surrey 21 21 Surrey Road Freehold Undisclosed 10  
11 Former Watten Estate Shelford Road Freehold UOL 200 $1723
14 Deluxe Residences 3 Lorong Melayu Freehold Kai Lim Development Pte Ltd 41  
14 Gems Ville
(former Yuen Sing Mansion)
6A-10C Lorong 13 Geylang Freehold East Asia Geylang 29 $779
14 M Suites 65 Lor Melayu Freehold FG Resource Pte. Ltd 16  
14 Mattar Residences 8 Mattar Road 99-yrs FKSH 26  
14 Mill at 32
(Former Leshan Gardens)
Lorong 32 Geylang Freehold Undisclosed individual (doctor) 38  
14 (2x private land) Thiam Siew Avenue Freehold Hoi Hup & Sunway 800 $1488
15 Baywind Residence 93B/C, 95 Lorong N Telok Kurau Freehold ABR & LWH 24 $851
15 Atlassia Joo Chiat Road Freehold Undisclosed 31  
15 Amber Sea 30 Amber Gardens Freehold Far East 132 $1066
15 K Suites 21 to 21E Lorong K Telok Kurau Freehold Undisclosed 18 $935
15 Liv @MB
(Former Katong Park Towers)
Arthur Road/Mountbatten Road 99-yrs Bukit Sembawang 298 $1280
15 Royal Hallmark 1 Haig Lane Freehold E2 Holdings 32  
15 Creston Residence 5 Still Road Freehold Melville Pte Ltd 60  
15 Former La Ville Tg. Rhu Road Freehold ZACD 107 $1540
16 Sky Eden
(Former Bedok Point)
Bedok Point 99-yrs Frasers 160  
16 Sceneca Residence Tanah Merah Kechil Link 99-yrs MCC Land 268 $930
18 Tenet EC Tampines Street 62 99-yrs Qingjian 590 $659
19 Kovan Jewel
(Former Kovan Lodge)
51A Kovan Road Freehold Soon Lian Realty 34 $1134
20 AMO at Ang Mo Kio Ang Mo Kio Ave 1 99-yrs UOL 372 $1118
20 Lentor Modern Lentor Central 99-yrs Guocoland 605 $1204
20 Copen Grand (EC) Tengah Garden Walk 99-yrs CDL & MCL 628 $603
21 One Bukit Vue  Jalan Anak Bukit 99-yrs FEO and Sino Group 845 $989
23 The Arden Phoenix Road 99-yrs Qingjian 105  
23 Botany Dairy Farm Walk 99-yrs Sim Lian 385 $980
27 North Gaia (EC) Yishun Ave 9 99-yrs Sing Holdings 617 $576
28 Belgravia Ace (Landed) Belgravia Ace Freehold Tong Eng 107 $732
28 Pollen Collection (Landed) Nim Road 99-yrs Bukit Sembawang 132  
2022 Most Complete List of Singapore New Launches

Recapped for the 2021. 

New Cooling Measure 16-Dec 2021

Cooling Measure Dec 2021
New Cooling Measures 16th Dec 2021

Summarised the Key Pointers here:
a. Tightening of  Total Debt Servicing Ratio (TDSR) threshold from 60% to 55% – this means the loan eligibility will be now 8.33% lesser compare to before. 
b. Increase ABSD rates 5-10%, except for Singaporean/ PR buying 1st residential property; – developer enbloc cost (entity) will also up 10%. 
c. Tighten the LTV limit for loans from HDB from 90% to 85%. – good news is loan from bank is still remains at 75% max. 

Anyway, we had been go through many rounds of cooling measures since 2010. The following is a quick glance on the cooling measures introduced over the years, vs property price index. 

Cooling measures over the years
Cooling Measures Over the Years vs Property Price Index & Volume

Impact to the market?
Based on experience in last round of “similar” cooling measure in 2018 July, the market is expected to tbe cooled down for at least a 6 months, or so. ? Interestingly, people who took the action right after cooling measures are the one who enjoying the most gain years later. The first 6 months after the new cooling measures introduced are typically the bottom of the market. 

As some of the buyers in the market are 2nd/ 3rd time buyers, they will now need to readjust their budget/ expectation due to increased ABSD / lower loan eligibility.
Some who are sitting on the fence will continue to have new excuses to wait & see.
Some 1st property buyer with marginal income/ budget might get phased out from private condo due to lower loan eligibility.

Shall you’re curious how much your loan get impacted because of new age + adjusted TDSR calculation, do let us know, we can help do the calculation for you. ?


The cooling measures won’t cause the cost of property become cheaper, and developer also limited buffer to adjust. The rising land cost and construction cost are still the key reason driving the property price going north. 

Rising Construction Cost 2022
Rising Construction Cost 2022

This cooling measures will slow down the sales, because some buyers will need more time to adjust budget / expectation, but it will not going to cause the price to drop significantly. 

This round is a repeated version of cooling measure introduced in 2018 July, which the property index didn’t drop also, but was get flatten over 2 quarters before it trend upwards again.

In personal view, Singapore property market in 2022 will most likely still quiet in the 1st half, but slowly move upwards in 2022 with the positive news on subsides of covid and international travelling ease.

DBS & Morgan Stanley both predicted in 2018 that Singapore’s property market price to “double” (or averagely $2,900 psf) by 2030, and so far the trend is still holding true. But it’s hard to know how the new cooling measures will affect the market through the upcoming years. Do keep in touch with us, we will keep you updated the market movement & insights for free. Be it you’re ready, or just Wait & See. 

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