Top 10 Cheapest New Launch Condos Singapore 2025 Under $1,500 PSF

Finding affordable new launch condos Singapore 2025 doesn't mean compromising on quality or location. With strategic government land releases and developer pricing strategies, savvy buyers can secure modern homes in well-connected areas at surprisingly accessible price points. Our analysis reveals the best value new launch condos under $1,500 PSF that offer exceptional investment potential.

Market Context: Affordable Luxury in 2025

The cheapest new launch condo Singapore 2025 market is experiencing a renaissance, driven by government initiatives to maintain housing affordability and strategic developer positioning. Unlike previous years where budget options meant remote locations, 2025's affordable launches offer excellent connectivity, modern amenities, and growth potential.

Key Market Drivers for Affordable New Launches:

Government Land Sales (GLS) program prioritizing affordable housing
Developer competition creating pricing opportunities
Infrastructure improvements enhancing previously undervalued areas
Executive Condo (EC) launches offering subsidized luxury options

Top 10 Cheapest New Launch Condos 2025

1. Parc Clematis Executive Condo - $1,180-$1,350 PSF

Location: Clementi Avenue 1 (District 23)
Developer: SingLand Homes & Hong Leong Holdings
Total Units: 640 units
Expected TOP: Q2 2027

Why It's a Bargain:

Executive Condo pricing with private condo quality
400m to Clementi MRT (East West Line)
Integrated with Clementi Mall for shopping convenience
Near NUS and Singapore Polytechnic ensuring rental demand

Unit Mix & Pricing:

3-bedroom: $1.18M - $1.25M (950-1,050 sqft)
4-bedroom: $1.45M - $1.58M (1,200-1,350 sqft)
5-bedroom: $1.75M - $1.90M (1,400-1,500 sqft)

2. Lentor Modern - $1,250-$1,450 PSF

Location: Lentor Central (District 26)
Developer: GuocolLand
Total Units: 605 units
Expected TOP: Q4 2026

Value Proposition:

250m to Lentor MRT (Thomson-East Coast Line)
Mixed-use development with retail and F&B
Near top schools: CHIJ St. Nicholas Girls' School
Future growth area with ongoing development

Pricing Breakdown:

1-bedroom: $580K - $650K (450-500 sqft)
2-bedroom: $850K - $950K (650-750 sqft)
3-bedroom: $1.2M - $1.35M (900-1,000 sqft)

3. Dairy Farm Residences - $1,300-$1,500 PSF

Location: Dairy Farm Road (District 23)
Developer: Sim Lian Group
Total Units: 380 units
Expected TOP: Q1 2027

Affordable Luxury Features:

180m to Hillview MRT (Downtown Line)
Low-density development with spacious layouts
Near Dairy Farm Nature Park for outdoor recreation
Excellent schools catchment area

Unit Configurations:

2-bedroom: $780K - $880K (600-650 sqft)
3-bedroom: $1.15M - $1.28M (850-950 sqft)
4-bedroom: $1.55M - $1.70M (1,100-1,200 sqft)

4. The Woodleigh Residences - $1,320-$1,480 PSF

Location: Upper Serangoon Road (District 13)
Developer: SP Setia
Total Units: 667 units
Expected TOP: Q3 2027

Strategic Advantages:

320m to Woodleigh MRT (Circle Line)
Integrated with Woodleigh Mall
Near NEX Shopping Centre and Serangoon Gardens
Excellent rental yield potential from young professionals

5. Punggol Point Cove - $1,280-$1,440 PSF

Location: Punggol Point Road (District 19)
Developer: Qingjian Realty
Total Units: 359 units
Expected TOP: Q2 2027

Waterfront Value:

300m to Punggol MRT (North East Line)
Waterfront living with reservoir views
Near Punggol Waterway Park and cycling paths
Future Cross Island Line connectivity planned

6. Midtown Bay - $1,350-$1,500 PSF

Location: Beach Road (District 7)
Developer: GuocolLand & Hong Leong Holdings
Total Units: 200 units (balance units)
Expected TOP: Q4 2026

City Fringe Bargain:

Walking distance to Bugis MRT (East West & Downtown Lines)
Near Bugis Street and Arab Street attractions
Heritage conservation area with character
Strong rental demand from city workers

7. Seaside Residences - $1,380-$1,500 PSF

Location: Siglap Road (District 15)
Developer: Frasers Property
Total Units: 843 units
Expected TOP: Q1 2027

Beachfront Accessibility:

5 minutes to Siglap MRT (Thomson-East Coast Line)
Near East Coast Park and beaches
Established expat community ensuring rental stability
Premium lifestyle amenities at affordable pricing

8. Parc Greenwich Executive Condo - $1,200-$1,380 PSF

Location: Yio Chu Kang Road (District 19)
Developer: Sim Lian Development
Total Units: 560 units
Expected TOP: Q4 2026

EC Value Proposition:

Near Lentor MRT (Thomson-East Coast Line)
Executive Condo subsidies reduce effective purchase price
Large unit sizes with family-friendly layouts
Near Anderson Primary School and CHIJ schools

Pricing Structure:

3-bedroom: $1.08M - $1.22M (900-1,000 sqft)
4-bedroom: $1.38M - $1.55M (1,100-1,250 sqft)
5-bedroom: $1.65M - $1.85M (1,350-1,450 sqft)

9. The Landmark - $1,400-$1,500 PSF

Location: Chin Swee Road (District 3)
Developer: City Developments Limited (CDL)
Total Units: 1,418 units
Expected TOP: Q3 2027

Central Location Value:

200m to Outram Park MRT (East West & North East Lines)
Walking distance to CBD and Chinatown
Heritage district charm with modern conveniences
High rental yield potential from central location

10. Treasure at Tampines - $1,380-$1,490 PSF

Location: Tampines Street 34 (District 18)
Developer: Sim Lian Group
Total Units: 2,203 units
Expected TOP: Q2 2027

Mega Development Benefits:

Near Tampines MRT (East West Line) and bus interchange
Integrated with Century Square shopping mall
Comprehensive facilities due to large scale
Established town center with all amenities

Comprehensive Value Analysis Framework

Price Per Square Foot Comparison Table

Project	Location	PSF Range	3BR Price	MRT Distance	Value Score
Parc Clematis EC	Clementi	$1,180-$1,350	$1.18M-$1.25M	400m	9.5/10
Parc Greenwich EC	Yio Chu Kang	$1,200-$1,380	$1.08M-$1.22M	600m	9.2/10
Lentor Modern	Lentor	$1,250-$1,450	$1.20M-$1.35M	250m	9.0/10
Punggol Point Cove	Punggol	$1,280-$1,440	$1.15M-$1.30M	300m	8.8/10
Dairy Farm Residences	Dairy Farm	$1,300-$1,500	$1.15M-$1.28M	180m	8.7/10

Total Cost of Ownership Analysis

3-Bedroom Unit Comparison (Average $1.25M Purchase Price):

Cost Component	Amount	Percentage	Notes
Purchase Price	$1,250,000	85.0%	Base investment
Stamp Duty	$44,600	3.0%	Government fees
Legal Fees	$8,000	0.5%	Conveyancing costs
Loan Interest (Construction)	$62,500	4.3%	Progressive payment interest
Basic Renovation	$80,000	5.4%	Move-in ready condition
Miscellaneous	$25,000	1.8%	Insurance, surveys, etc.
Total Investment	$1,470,100	100%	All-in cost

Investment Potential Analysis

5-Year Capital Appreciation Projections

Conservative Growth Scenario (3-4% annually):

Year 1: $1,250,000 → $1,300,000 (+4.0%)
Year 3: $1,300,000 → $1,430,000 (+10.0% cumulative)
Year 5: $1,430,000 → $1,580,000 (+26.4% cumulative)

Optimistic Growth Scenario (5-6% annually):

Year 1: $1,250,000 → $1,325,000 (+6.0%)
Year 3: $1,325,000 → $1,560,000 (+24.8% cumulative)
Year 5: $1,560,000 → $1,840,000 (+47.2% cumulative)

Rental Yield Analysis

Monthly Rental Estimates (3-Bedroom Units):

Project	Estimated Rent	Annual Yield	Yield on Total Investment
Parc Clematis EC	$4,200-$4,800	4.0-4.6%	3.4-3.9%
Lentor Modern	$4,500-$5,200	4.3-5.0%	3.7-4.3%
Dairy Farm Residences	$4,000-$4,600	3.7-4.3%	3.3-3.8%
Seaside Residences	$4,800-$5,500	4.2-4.9%	3.9-4.5%

Financing Strategies for Budget-Conscious Buyers

Executive Condo (EC) Financing Advantages

HDB Loan Option:

Interest Rate: 2.6% (fixed)
Loan Quantum: Up to 90% of purchase price
Monthly Income Ceiling: $21,000 for households
Significant savings compared to bank loans

Bank Loan Comparison:

Interest Rate: 3.5-4.2% (floating)
Loan Quantum: Up to 75% of purchase price
No income ceiling restrictions
Faster processing and approval

Progressive Payment Benefits

Cash Flow Management:

10% down payment upon signing
Spread remaining 65-75% over construction period
Interest-only payments during construction
Reduced opportunity cost compared to resale purchases

Example Payment Schedule (Parc Clematis EC - $1.2M unit):

Stage	Payment Amount	Cumulative	Timeline
Signing	$120,000 (10%)	$120,000	Month 0
Foundation	$60,000 (5%)	$180,000	Month 6
Structural	$180,000 (15%)	$360,000	Month 18
Completion	$840,000 (70%)	$1,200,000	Month 36

Location-Specific Growth Catalysts

Clementi Area (Parc Clematis)

Jurong Lake District development creating employment hub
Science Park expansion driving rental demand
NUS proximity ensuring student rental market
West Coast Highway improving connectivity

Lentor Corridor (Lentor Modern)

Thomson-East Coast Line full operations boosting accessibility
Yishun Regional Centre development plans
Nature park integration creating unique selling proposition
Future residential development increasing area desirability

Dairy Farm Area (Dairy Farm Residences)

Downtown Line extension improving CBD connectivity
Bukit Timah Nature Reserve proximity premium
International school corridor attracting expat families
Low-density environment commanding higher values

First-Time Buyer Optimization Strategies

Eligibility Maximization

Executive Condo Requirements:

Singapore citizenship for at least one applicant
Monthly household income: $16,000-$21,000
No property ownership for 30 months prior
Minimum Occupation Period: 5 years

Private Condo Considerations:

No citizenship requirements for permanent residents
No income restrictions allowing higher financing
Immediate rental potential after completion
No occupation period restrictions

Down Payment Strategies

CPF Ordinary Account Usage:

Maximum CPF utilization reduces cash requirements
Accrued interest charges apply but manageable
CPF top-up options for insufficient balances

Cash vs CPF Optimization:

20% cash minimum for most developments
80% CPF maximum usage for down payment
Balance financing through mortgages

Risk Mitigation for Budget Buyers

Developer Financial Health Assessment

Key Indicators to Monitor:

Track record of on-time project delivery
Financial statements showing adequate cash flow
Banking relationships and credit facilities
Previous project quality and customer satisfaction

Red Flags to Avoid:

First-time developers without proven experience
Unusual payment terms demanding higher upfront payments
Unclear project timelines or frequent delays
Poor show unit quality indicating potential compromises

Market Timing Considerations

Optimal Purchase Windows:

Early launch phases for best unit selection
Economic uncertainty periods for negotiation opportunities
Interest rate cycle bottoms for financing advantages
Government policy stability periods for predictable regulations

Comparison with Resale Market

Budget Resale vs New Launch Trade-offs

Resale Advantages:

Immediate occupation without waiting period
Established neighborhoods with proven amenities
Negotiation opportunities in current market
No construction risks or developer dependencies

New Launch Superior Value:

Modern facilities and latest building standards
Warranty coverage for defects and maintenance
Capital appreciation potential from development growth
Progressive payment flexibility easing cash flow

Price Comparison Analysis

Similar Quality Resale Options:

Area	Resale Average PSF	New Launch PSF	Premium/Discount
Clementi	$1,320	$1,265 (EC)	-4.2% (New Launch cheaper)
Lentor	$1,450	$1,350	-6.9% (New Launch cheaper)
Dairy Farm	$1,380	$1,400	+1.4% (New Launch premium)
Punggol	$1,250	$1,360	+8.8% (New Launch premium)

Future Market Outlook

Supply-Demand Dynamics

Government Policy Support:

Measured land supply preventing oversupply
Affordable housing initiatives supporting demand
Foreign buyer measures stabilizing speculation
Economic growth targets supporting property values

Demographic Trends:

Growing young professional population driving 1-2 bedroom demand
Family formation patterns supporting 3-4 bedroom needs
Aging population creating downsizing opportunities
Immigration policies maintaining population growth

Infrastructure Development Impact

Transport Connectivity:

Cross Island Line planning boosting eastern corridor values
Jurong Region Line enhancing western area accessibility
Bus network optimization improving last-mile connectivity
Cycling infrastructure adding lifestyle value

Expert Buying Recommendations

Top 3 Value Picks for Different Buyer Profiles

First-Time Buyers:

Parc Clematis EC - Best overall value with HDB loan eligibility
Parc Greenwich EC - Excellent school catchment area
Lentor Modern - Future growth potential with TEL connectivity

Young Professionals:

Midtown Bay - Central location with rental flexibility
The Landmark - CBD proximity with heritage character
Seaside Residences - Lifestyle appeal with beachfront access

Growing Families:

Dairy Farm Residences - Low density with nature proximity
The Woodleigh Residences - Excellent school access
Treasure at Tampines - Comprehensive family amenities

Due Diligence Checklist for Budget Buyers

Financial Verification:

Pre-approval for financing amount

CPF balance calculation and projection

Total cost estimation including hidden expenses

Affordability stress test at higher interest rates

Project Assessment:

Developer background research and verification

Construction timeline realistic evaluation

Show unit inspection and comparison with floor plans

Neighborhood analysis for future growth potential

Legal Documentation:

Sales and Purchase Agreement professional review

Payment schedule understanding and comfort

Development charges and additional cost clarification

Defects liability period and warranty terms

Conclusion: Maximizing Value in Singapore's Affordable New Launch Market

The cheapest new launch condos Singapore 2025 market offers unprecedented opportunities for budget-conscious buyers without compromising on quality or location. With careful selection and strategic timing, buyers can secure modern homes in well-connected areas at prices that seemed impossible just years ago.

Key Success Factors:

Executive Condo prioritization for maximum subsidies
Early launch participation for best unit selection
Long-term growth area focus over immediate convenience
Total cost optimization including financing and renovation

Market Timing Advantage: 2025 represents a unique convergence of government support, developer competition, and infrastructure development creating optimal conditions for affordable luxury home purchases.

Investment Outlook: These budget-friendly new launches are positioned to deliver superior returns through the combination of modern amenities, strategic locations, and entry-level pricing that appeals to a broad spectrum of buyers and tenants.

The opportunity to own a brand-new condo under $1,500 PSF in Singapore may not last long as construction costs rise and land prices appreciate. Strategic buyers who act decisively in 2025 will benefit from years of value creation ahead.

Discover exclusive pricing and priority access to Singapore's most affordable new launch condos. Contact our budget optimization consultants for personalized recommendations and developer direct negotiations.

Top 10 Cheapest New Launch Condos in Singapore 2025 Under $1,500 PSF