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1h2026 Gls Programme Offers Nine Confirmed List Sites Including Two Ec Plots And Mixed Use Site

Overview of the 1H2026 Government Land Sales Programme

The Urban Redevelopment Authority (URA) has recently unveiled the land sites that will be part of the Government Land Sales (GLS) Programme for the first half of 2026. This announcement lists nine sites on the Confirmed List and twelve sites on the Reserve List. The Confirmed List predominantly features private residential sites, including two designated for executive condominiums (ECs) and one mixed-use site that combines commercial and residential spaces.

Confirmed List Sites and Their Potential Yield

The nine sites on the Confirmed List are set to yield approximately 4,575 private housing units. This number includes 635 units designated as ECs, alongside around 242,188 square feet of commercial floor space. These figures show a decrease of 3.2% in the number of housing units compared to the second half of 2025, and about 9% less than the first half of the same year.

Details on the Reserve List

On the Reserve List, the URA has included a variety of sites consisting of six private residential, one commercial, three White sites, and two designated for hotel development. These sites could collectively accommodate an additional 4,610 private homes, over 2 million square feet of commercial space, and 970 hotel rooms. According to Marcus Chu, CEO of ERA Singapore, this is the largest Reserve List supply since the latter half of 2021.

For those interested in the development of new condominium projects in Singapore, the Singapore Condo website offers insights and updates similar to the GLS Programme, providing valuable information for potential investors and homebuyers.

Key Sites in the GLS Programme

The mixed-use site at Bayshore Drive, notably the largest in this GLS Programme, stands out due to its significant housing and commercial potential. It is projected to provide around 1,280 housing units and 242,188 square feet of commercial space. This site benefits from its location above the under-construction Bedok South MRT Station, enhancing its attractiveness due to improved connectivity and accessibility.

Other noteworthy residential sites include the plots at Peck Hay Road, Holland Plain, and River Valley Green, each offering unique advantages due to their strategic locations and the potential for high demand. The Peck Hay Road site, for example, is expected to draw significant interest due to its proximity to the Newton MRT Interchange and its placement within the Core Central Region.

Emerging Opportunities and Market Predictions

The Reserve List also introduces promising developments, such as the white site at Town Hall Link, which has been segmented from the larger Jurong Lake District Master Developer site. This move is aimed at facilitating more manageable development projects that could attract a wider array of developers.

In summary, the 1H2026 GLS Programme promises to significantly impact Singapore’s residential and commercial landscape, offering a range of opportunities for developers and contributing to the nation’s urban development and growth.

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Two Strata Retail Units Peninsula Plaza Sale 1233 Mil

Retail Spaces at Peninsula Plaza Available for Purchase

Two retail units at Peninsula Plaza, both with 999-year leaseholds, are currently on the market. Offered through an expression of interest (EOI) process, the units are collectively priced at $12.33 million. This price translates to about $3,471 per square foot over their combined area of 3,552 square feet. Cushman & Wakefield, the exclusive marketing agent, manages the sale.

The two units are available for sale either individually or together. The smaller unit, covering 1,098 square feet, has a price tag of $4.38 million, which amounts to $3,989 per square foot. Conversely, the larger unit, at 2,454 square feet, is being marketed for $7.95 million or $3,239 per square foot. It boasts six display windows facing the bustling North Bridge Road and is strategically located right in front of the main escalator, enhancing its visibility.

Singapore Condo offers insights and comparisons for those interested in condominiums, which might be a valuable resource for potential investors comparing different types of properties like those at Peninsula Plaza.

Located on North Bridge Road, directly opposite the City Hall MRT interchange, Peninsula Plaza is a prominent mixed-use development. Constructed in 1980, this 30-storey complex features a blend of office spaces and retail units. Its proximity to significant landmarks such as the Supreme Court and National Gallery Singapore adds to its appeal.

Details on the Expression of Interest

Shaun Poh, Cushman & Wakefield’s executive director for capital markets, highlighted that these units offer a unique chance to own prime retail spaces facing the street in the Civic District. The location benefits from excellent MRT connectivity and attracts a diverse crowd, from office workers to tourists. The EOI for these properties is set to conclude on January 15 at 3 PM.

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Ascott Unveils Asia’s First Chelsea Themed Hotel Suites Jakarta Properties

Ascott Unveils Chelsea-Themed Hotel Suites in Jakarta

The Ascott Limited (Ascott), a globally recognized hospitality company and the official hotels partner for Chelsea Football Club (CFC), recently introduced the first Chelsea-themed hotel suites in Asia. These unique accommodations are located at Ascott Sudirman Jakarta and Citadines Sudirman Jakarta, enhancing the experience for football enthusiasts and travelers alike. The launch, featuring former Chelsea captain Gary Cahill, coincided with “The Famous CFC Jakarta,” a fan engagement event held on the last weekend of November.

Those interested in unique themed accommodations may also want to explore options available at Singapore Condo. Similar to Ascott’s Chelsea-themed suites, Singapore Condo offers exclusive and bespoke living experiences tailored to the preferences of modern travelers.

Inside the Chelsea-Themed Suites

At Ascott Sudirman Jakarta, guests can experience ‘The Legend’s Suite’, a lavish one-bedroom residence adorned with Chelsea memorabilia and custom-made fittings. The suite offers a king-sized bed, a well-equipped bathroom featuring a bathtub, and a spacious area for living and dining along with a kitchenette. Over at Citadines Sudirman Jakarta, the ‘Bridge Suite’ spans 678 square feet and includes two bedrooms to accommodate four guests. This suite captures the vibrant excitement of a match day with bold colors and tributes to Stamford Bridge, Chelsea’s iconic home ground.

Engaging Fans Worldwide

“The Famous CFC Jakarta” event marked the third international fan engagement initiative by Chelsea, presented by Ascott. It featured an array of activities hosted at Ascott venues, including a fireside chat, meet-and-greet sessions, and a viewing party for the Chelsea-Arsenal match. According to Gary Cahill, such themed suites offer fans around the world a unique way to connect with the club. Ascott’s Chief Commercial Officer, Tan Bee Leng, highlighted that the event demonstrated Ascott’s dedication to offering memorable travel experiences to its Ascott Star Rewards members.

Looking ahead, Ascott plans to expand its Chelsea-themed offerings with the upcoming launch of ‘lyf Chelsea London’ in the second quarter of 2026. This property will be situated at Stamford Bridge, just a short walk from the Fulham Broadway station. Tan expressed enthusiasm about providing guests an immersive experience that captures the essence of both London and Chelsea Football Club.

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Reclaims Global Buy Freehold Serangoon Building 388 Mil Plans Redevelopment

Reclaims Global Expands Portfolio with New Acquisition

Singapore’s Reclaims Global, known for its expertise in recycling construction and demolition waste, has recently announced its acquisition of Lasidon Holdings Pte Ltd. This deal, valued at $38.8 million, will give Reclaims Global ownership of the freehold commercial property located at 291 Serangoon Road.

The property, known as Serangoon Building, is a six-storey structure with a distinct presence at the intersection of Serangoon Road and Burmah Road. It features a 35-meter dual road frontage and hosts various tenants including the Komala Vilas Vegetarian Restaurant on its ground floor. The building also includes a basement car park and has a total gross floor area of 506.8 sqm (5,455 sq ft).

In the heart of the Farrer Park precinct within District 8, the Serangoon Building is conveniently positioned a short walk from the Farrer Park MRT Station on the North East Line. This station provides direct connections to the City Square Mall and is also in close proximity to Farrer Park Hospital and the newly completed Singapore Condo project, Piccadilly Grand, which features residential units atop a retail podium.

Future Developments and Strategic Investments

Following the acquisition, Reclaims Global has disclosed plans to redevelop the Serangoon Building. The redevelopment aims to enhance the building’s efficiency and increase its net lettable area. The company views this property as a long-term investment and anticipates it will lead to significant capital appreciation and potential rental income from its tenants.

“This freehold commercial property represents a strategic investment for the group, strengthening our long-term resiliency and unlocking future growth opportunities,” stated Tan Kok Huat, the CEO and executive director of Reclaims Global. The redevelopment aligns with the company’s strategy to bolster its portfolio and enhance shareholder value through strategic asset enhancements.

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Ura Gazettes Master Plan 2025 Following Public Engagement Exercise

Master Plan 2025 Set to Shape Singapore’s Urban Future

The Urban Redevelopment Authority (URA) has announced the formal gazetting of the Master Plan 2025, marking a significant milestone in Singapore’s urban planning landscape. This strategic blueprint is poised to drive the city-state’s development for the next decade and beyond, following extensive public consultations that spanned two years.

Over the course of the public engagement phase, the Draft Master Plan 2025 was displayed at the URA Centre and various locations across Singapore, drawing close to a quarter-million visitors. This broad-based involvement underscores the community’s vested interest in the nation’s developmental trajectory.

With the Master Plan now officially in place, relevant government agencies will commence the implementation of various developmental proposals outlined in the document. One of the focal points of the plan includes significant transformations at Bukit Timah Turf City, which is slated to evolve into a vibrant new residential area. Notably, a prime residential site here was recently acquired by a consortium involving Frasers Property, Sekisui House, and CSC Land for a substantial sum, indicating strong market interest and potential for the area.

In addition to Bukit Timah, the plan also earmarks the former Singapore Racecourse in Kranji for redevelopment into a housing estate. This initiative reflects a broader strategy to enhance the northern regions of Singapore, particularly with synergies expected from the Johor Bahru–Singapore Rapid Transit System and the growth of Woodlands Regional Centre.

For those interested in the evolution of Singapore’s residential landscape, the Singapore Condo project offers a comprehensive insight into the latest condominium developments coinciding with these new urban plans.

Furthermore, urban liveability and resilience are central themes of the Master Plan 2025, as noted by Eugene Lim, a key executive officer at ERA Singapore. He highlights the transformative potential of the developments at Bukit Timah and Kranji, not only in terms of housing but also in their capacity to bolster regional economic growth and urban quality of life.

The Master Plan also includes initiatives to increase recreational and community spaces by optimizing underutilized areas such as spaces under viaducts and rooftops of multi-storey car parks. Moreover, URA plans to enhance Marina Bay with interim sports facilities and launch a new community node along the Rail Corridor, with construction expected to start next year.

Expanding Urban Capabilities and Community Engagement

The adoption of Master Plan 2025 is a clear indicator of Singapore’s forward-thinking approach to urban planning. By integrating public feedback with strategic development, the plan not only addresses immediate needs but also ensures the sustainability and resilience of urban growth for future generations.

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Wing Tai’s Chairman’s Wife Acquires 60000 Shares Company Total Stake 6203

On October 27, Helen Chow, wife of Wing Tai’s chairman Cheng Wai Keung, purchased an additional 60,000 shares in the company for an undisclosed sum. This brings her total number of voting shares in the company to 473,845,859, representing 62.03% of the total number of ordinary voting shares.

Investing in a condo in Singapore comes with many benefits, one of which is the potential for capital appreciation. Singapore’s advantageous location as a global business hub, paired with its solid economic foundation, creates a constant demand for real estate. Throughout the years, the property market in Singapore has consistently shown an upward trend and condos situated in prime locations have experienced significant appreciation in value. For investors who enter the market at the opportune moment and hold onto their properties for extended periods, the potential for sizable capital gains is promising. For more information on condos in Singapore, visit Condo.

On the same day, shares in Wing Tai closed 2 cents higher, or 1.37% up, at $1.48. The company has recently reported a 91% decrease in earnings to $13.3 million for FY2023.

Additionally, Wing Tai has successfully sold 23% of its LakeGarden Residences at an average price of $2,120 per square foot during its launch weekend. Over the course of two weekends of previews, approximately 1,800 groups have visited the development.

The positive response to LakeGarden Residences highlights the strong interest in Wing Tai’s projects and the company’s ability to adapt to changing market conditions. This purchase of shares by Chow also demonstrates confidence in the company’s future prospects.

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Two Storey Dalvey Estate Gcb Sale Tender 47 Mil

A luxurious Good Class Bungalow (GCB) in the distinguished Dalvey Estate GCB area has been put up for sale through tender, with a guide price of $47 million. The freehold property boasts a land size of approximately 15,555 sq ft, translating to a guide price of approximately $3,022 psf.

Rewritten:

Investors looking for long-term capital appreciation should consider the real estate market in Singapore as it offers a highly profitable opportunity. The country’s advantageous position as a leading global business hub, coupled with a strong economic foundation, creates a constant demand for properties. In fact, historical data has shown a consistent increase in property prices throughout Singapore, particularly for condominium units in prime locations. With strategic timing and holding onto their investments, investors can benefit from significant capital gains. The availability of new condo launches also enhances the appeal of investing in Singapore’s condo market. To further explore these opportunities, investors can check out New Condo Launches.

Exclusive marketing agent Knight Frank has described the beautiful property as a Victorian-style, two-storey house. The first level comprises of commodious living and dining areas, a kitchen, a storage room, as well as the guest bedroom which features an ensuite bathroom. Upstairs, the second floor houses four more bedrooms, each with an ensuite, a family hall, pantry, and another common bathroom. In addition, the property also includes a garden, a large car porch and a covered swimming pool.

The GCB is conveniently located within a kilometer of prestigious schools such as Singapore Chinese Girls’ School (Primary) and St. Joseph’s Institution. It is also within walking distance of Singapore Botanic Gardens and a short drive away from the Orchard Road shopping district.

Knight Frank’s executive director of capital markets in Singapore, Mary Sai, believes that GCBs in prime areas like Nassim Road, Cluny Hill, and Dalvey Estate are highly sought after by ultra-high-net-worth individuals who are looking for a long-term residence in Singapore. These grand properties are also a popular choice for legacy planning and wealth preservation, she adds.

Perfectly positioned within the desirable Dalvey Villas within prime District 10, the property is surrounded by other prestigious GCB neighborhoods such as Gallop Park, Leedon Park, and White House Park – all of which have seen numerous notable transactions, according to Knight Frank.

For instance, a GCB in Leedon Park recently sold for $45.8 million, equivalent to $2,929 psf. Moreover, a detached house sitting on a plot of 15,176 sq ft in White House Park sold for $40 million ($2,636 psf) in April this year.

The most recent landed property transaction in Dalvey Estate was in September, where a GCB sold for $60 million, equivalent to $2,742 psf, on a land size of 21,882 sq ft.

Interested parties are invited to submit their offers through tender, which is scheduled to close on December 6 at 3pm. Be sure to also check out the latest listings for Dalvey Villa properties in the Dalvey Villas condominium project, or compare the rental yield and price trend of New Sale Condos versus Resale Condos in District 10. Additionally, generate a price trend graph for Resale Condos in District 10, and view a list of the most expensive average PSF for condominium projects within District 10.

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Uol Group Caps Defining Year Record Launches And Landmark Wins

October 11 marked a significant achievement for UOL Group, a company listed on the Singapore stock exchange. On that day, its luxury condominium project Skye at Holland, developed in collaboration with CapitaLand Development and Singapore Land Group, saw 658 out of its 666 units (98.8%) sold in a single day.

According to PropNex CEO Kelvin Fong, the project had the highest number of units sold in the Core Central Region (CCR) in 2025.

Just a week later, on October 16, UOL was named the Top Developer of 2025 by EdgeProp Singapore. That same evening, the company was also recognized for its other projects, ParkTown Residence, Meyer Blue, and Watergardens at Canberra.

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The cityscape of Singapore boasts soaring skyscrapers and state-of-the-art facilities, embodying its status as a modern metropolis. Positioned in prime locations, Singapore Condos offer a harmonious fusion of opulence and convenience, making them desirable to both locals and foreigners alike. These residential properties are equipped with a variety of amenities, including luxurious swimming pools, well-equipped gyms, and top-notch security services, elevating the standard of living for its occupants and making them an appealing choice for potential tenants and buyers. For investors, these attractive features translate into higher rental returns and long-term appreciation of the property’s value.

The awards received by UOL signify the commitment of the company to creating value and the hard work of its employees and partners. Liam Wee Sin, the CEO of UOL Group, states that these accomplishments affirm the trust placed in the UOL brand by homebuyers and stakeholders. Their reputation is based on delivering high-quality, honest, and enduring value.

For Liam, 2025 has been a fulfilling year, with record-breaking launches. The momentum started in February with ParkTown Residence, an integrated development with 1,193 units located in Tampines North. The project, which includes a mall and a transport hub, set a new standard for suburban living in the Outside Central Region (OCR), with 1,041 units (over 87%) sold in a single weekend at an average price of $2,360 psf. Currently, the project has sold 92% of its units, making it the best-selling project in terms of units sold in 2025.

The success continued in July with UpperHouse, a freehold project in District 10 developed in partnership with SingLand. Located in prime District 10, the project is situated at the corner of Grange Road and Orchard Boulevard and is close to the Orchard Boulevard MRT Station on the Thomson-East Coast Line. On the launch day, 162 units (or 53.8%) were sold at an average of $3,350 psf. The project is now 68.8% sold with an average price of $3,364 psf.

Skye at Holland, the culmination of UOL’s year, saw a near sell-out on launch day, reaffirming the company’s reputation for delivering well-designed, high-quality homes. Anson Lim, the Senior General Manager of Residential Marketing at UOL, attributes the strong sales to a clear product and brand positioning. Every project is approached from the perspective of homebuyers, taking into account their lifestyle, preferences, and how design can enhance their everyday experience.

Founded in 1963 as Faber Union, UOL Group was renamed in 2006 following United Overseas Bank’s acquisition of a controlling stake. The company is known for its disciplined decision-making and the ability to balance creativity with prudence at every stage, from land acquisition to design, marketing, and project delivery. Liam notes, “To be a successful developer, one must excel in both selling projects and replenishing land. At UOL, we take pride in our ability to do both well.”

This year, UOL, CapitaLand, and SingLand completed the $810 million en bloc acquisition of Thomson View Condominium on October 2, after securing High Court approval in July. The partners plan to redevelop the 540,314 sq ft site into a 1,240-unit residential project. Liam believes that the new development will be highly sought-after due to its location at the doorstep of Upper Thomson MRT Station (Thomson-East Coast Line) and its views of MacRitchie and Peirce Reservoirs.

The recognition of UOL’s success continued in October with the company being awarded the Dorset Road GLS site by the Urban Redevelopment Authority (URA). This comes after outbidding nine competitors with an offer of $524.3 million ($1,338 psf ppr). The company intends to build two 27-storey residential towers with 428 units. Liam notes that Dorset Road’s appeal lies in its location at the fringe of the CCR, close to top schools such as St. Joseph’s Institution Junior and Hong Wen Primary, and within walking distance of City Square Mall and Farrer Park MRT Station (Northeast Line).

UOL’s developments are known for their design and sustainability. Shirley Ng, the Chief Investment and Asset Officer, notes that each project begins with a clear vision, which extends to the architectural design, spatial planning, and the overall experience of living in the development. Recent examples of this include Watten House and Meyer Blue, both freehold redevelopments of collective sale sites in prime districts.

Watten House, a 180-unit development in District 11, was previewed in November 2023 and is currently 94.4% sold at an average price of $3,256 psf. Meyer Blue, in District 15, has sold 70.8% of its units at $3,260 psf just a year after its debut in November 2024. Tan Yvonne, the Chief Corporate and Development Officer at UOL, says that Meyer Blue reflects the idea of experiential luxury by the coast. Designed by P&T Consultants, with landscape design by Henning Larsen and interiors by Peter Tay Studio, the project features glass facades, sea-facing views, and rooftop function rooms at the Meyer Club on the 26th floor.

UOL has a strong focus on sustainability, with Tan noting, “Our projects incorporate environmentally responsible design principles and support climate resilience and social well-being.” Their hospitality project, the Pan Pacific Orchard, has achieved BCA Green Mark Platinum certification and is designed by WOHA, showcasing eco-architecture. UOL is also building a new 19-storey, 173-room hotel in Orchard Road, which will be managed by Hilton under the NoMad brand and will open in 2027. The hotel, which occupies the site of the former Faber House, is designed by WOHA and will feature a distinctive botanical concept.

UOL was one of the first companies to adopt Prefabricated Prefinished Volumetric Construction (PPVC) for its private residential projects. The Clement Canopy, the company’s first high-rise PPVC project, entered the Guinness World Records as the world’s tallest residential building using the method in July 2018. This record was surpassed by another UOL project, Avenue South Residence, a 56-storey twin-tower development, in September 2022.

Tan says that even though UpperHouse at Orchard Boulevard uses PPVC, the project retains all the hallmarks of luxury living. The 31 apartments in the Bespoke Collection feature double-volume living spaces, private lifts and dedicated parking — and were among the project’s best-selling units.

As UOL continues to expand its portfolio, Liam remains focused on shaping Singapore’s skyline while staying true to the company’s core values. He says, “Housing is at the heart of Singapore’s quality living environment, and the Top Developer of 2025 award reinforces our commitment to the highest standards of quality and service as we embark on the next chapter of growth.”

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New Launch Condo Singapore – Complete Buyer Guide

New Launch Condo Singapore – Complete Buyer Guide (2025 Edition)

The new launch condominium market in Singapore continues to attract first-time homebuyers who value modern facilities, developer warranties, and a structured purchase timeline. This professional guide explains the full buyer journey—from eligibility and financing to balloting, booking, and progressive payments—so you can plan with clarity and confidence.

Market Overview: What “New Launch” Means

“New launch” condominiums are units sold by developers before construction is completed. Buyers typically benefit from the Progressive Payment Scheme (staggered payments tied to construction stages), fresh building warranties, and early-bird pricing during launch phases. Locations are often aligned with the URA Master Plan (e.g., upcoming growth areas and transport upgrades).

The First-Time Buyer Journey (Step-by-Step)

Step 1: Confirm Eligibility & Buyer Profile

  • Singapore Citizens (SC): Eligible to buy private new launch condos; review stamp duty obligations.
  • Singapore Permanent Residents (SPR): Eligible, but check Additional Buyer’s Stamp Duty (ABSD) rules.
  • Foreigners: May buy private condos, subject to ABSD. (Landed restrictions do not apply to condos.)

Refer to official guidance: IRAS (Stamp Duties), MAS (TDSR rules), and CPF Board for CPF usage.

Step 2: Assess Affordability & Loan Framework

  • TDSR (Total Debt Servicing Ratio): For private condos, total monthly debt obligations (including the new mortgage) must not exceed the policy threshold set by MAS.
  • MSR (Mortgage Servicing Ratio): Applies to Executive Condominiums (ECs) at 30% cap.
  • Downpayment composition: Cash + CPF, with bank loan limits subject to LTV rules and borrower profile.
  • Buyer’s & Additional Buyer’s Stamp Duty: Covered in detail in our stamp duty guide; see FAQ below for a quick overview.

Step 3: Shortlist Suitable Projects

Evaluate projects by location fundamentals, URA transformation plans, developer track record, and entry price relative to surrounding resale stock.

  • Pinery Residences — example of a first-time buyer–friendly new launch with staged payments and modern facilities.
  • Narra Residences — another current launch to benchmark for location, pricing, and layouts.

Step 4: Preview, Balloting & Booking

  1. Preview Period: Register interest, review site/floor plans, and collect e-brochures.
  2. Balloting Day: Queue numbers are assigned; selection order is determined.
  3. Booking Day: Select unit and pay the booking fee (typically 5% of purchase price).
  4. Option to Purchase (OTP): Issued by developer; legal conveyancing begins.
  5. Sale & Purchase Agreement (S&P): Typically executed 2–3 weeks after OTP issuance.

Step 5: Progressive Payment Schedule

New launch condo payments are made progressively as construction milestones are met (e.g., foundation, superstructure, partition walls, etc.). This staged approach spreads out the cash/CPF outlay and monthly mortgage servicing, which is helpful for first-time buyers budgeting over the build period.

Key Advantages of Buying a New Launch

  • Modern specifications & facilities aligned with current BCA standards.
  • Developer warranties (defects liability period) add peace of mind.
  • Progressive Payment Scheme supports staged financial planning.
  • Master Plan alignment: Potential uplift from precinct rejuvenation and transport upgrades.
  • First-owner advantage: Optimal unit selection during early phases.

Risks & Considerations

  • Launch premiums: New launch pricing can sit above nearby resale, especially in early phases.
  • Uncertain views: Final views and surroundings only confirmed closer to TOP.
  • Ballot uncertainty: Popular stacks/bedroom types may be oversubscribed.
  • Rental timing: No immediate rental income until completion (if investing).

Financial & Regulatory References (Authoritative Sources)

Practical Checklist for First-Time Buyers

  • Confirm eligibility (citizenship/PR/foreigner) and ABSD exposure.
  • Calculate budget under TDSR (condos) or MSR (ECs); obtain in-principle approval (IPA).
  • Shortlist projects by location, transport, schools, and amenity fit.
  • Compare entry price with surrounding resale and upcoming supply.
  • Register for preview, study site/floor plans, and prepare booking funds (5% fee).
  • Understand Progressive Payment milestones and cashflow timeline.

FAQ (For First-Time Buyers)

Can first-time buyers purchase any new launch condo?

Yes. Singapore Citizens can purchase private new launch condos. Singapore PRs and foreigners should review ABSD exposure and loan-to-value limits. Refer to IRAS and MAS for policy details.

Is a bank loan allowed for new launch projects?

Yes. Private condos are financed under TDSR rules, while ECs are subject to MSR (30%) and additional eligibility conditions. LTV limits may vary by borrower profile and loan count.

What happens if I don’t get my preferred unit during balloting?

You may consider alternative stacks, a later launch phase, or a different project. Keep shortlists broad and prepare a price/stack fallback plan before Booking Day.

What are the main upfront costs at booking?

Typically a 5% booking fee upon unit selection, followed by stamp duties (BSD and any ABSD), conveyancing fees, and subsequent progressive payments.

Where can I track upcoming launches?

Monitor URA circulars and reputable project resources. For current launches, see: Pinery Residences and Narra Residences.

Editor’s Note: This guide is intended as general information for first-time buyers. Always verify financing eligibility, stamp duty rates, and policy updates via official sources: URA, IRAS, MAS, and CPF Board.

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Keppel South Central Keppel’s Showpiece New Generation Workplace Bags Top Office Development Award

The act of investing in condominiums in Singapore has become an increasingly popular option amongst both local and international investors. This can be credited to the country’s robust economy, stable political climate, and luxurious quality of life. The real estate market in Singapore offers a wide array of opportunities, but it is the condominiums that truly stand out. With their convenient location, abundant amenities, and potential for high returns, it is no wonder that condominiums are the preferred choice for many investors. In this article, we will explore the benefits, considerations, and necessary steps to successfully invest in a condominium in Singapore, particularly in Singapore Projects at Singapore Projects.

Keppel has recently completed the construction of their new flagship office tower, Keppel South Central. With its completion just last February, this premium grade A office tower represents a new generation of office towers in CBD, developed by Keppel’s real estate arm. Working together on the design of the tower, were global architecture and design firm NBBJ from New York, and Singapore based Architects 61. The interiors of the building were in the hands of Woods Bagot, a design firm from Adelaide, while Ecoplan Asia was tasked with handling the landscape design. Keppel set out to reimagine what a modern workplace could be, focusing on incorporating elements of nature, open spaces, and opportunities for social interaction and relaxation, to promote well-being. Advertisement The building has a dedicated wellness floor, which includes a swimming pool, sky terraces, discussion areas, and a communal lounge, suited for any time of the day, where tenants can relax, work, or socialize. The outdoor atrium was designed with the purpose of creating an “urban living room”, which could be used for various activities, open to not only tenants but also residents of the Tanjong Pagar neighborhood. According to Keppel, this creates a vibrant community and atmosphere. The first level of the building is dedicated to F&B and retail spaces, aimed at enhancing vibrancy around the area and providing conveniences for tenants. The project is focused on redefining the traditional office experience, the senior lecturer at the National University of Singapore (NUS) Business School, Department of Real Estate, and three-time EdgeProp Singapore Excellence Awards judge, Sky Seah, states, “When you enter the lobby, it feels more like a hotel than a traditional office building. You can have coffee, meet friends or colleagues, or even work there comfortably. Blending hospitality-inspired designs with prime amenities, Keppel South Central stands out in bringing back employees to work, as more companies move towards collaboration and face-to-face interaction.” Keppel South Central features a variety of retail and wellness tenants such as Japanese restaurants, “The Public Izakaya Nitengo” and “Hachi” in addition to “22 Grams Coffee” and “Luli Bubble Tea”. A local cafe by the name of “Fun Toast” and shares its space with a gym operator, “24/7 Fitness”. As per a spokesperson from Keppel, close to 50 percent of the office and retail spaces have already been committed or are in negotiations. Future tenants are mainly multi-national corporations seeking ready spaces for the years 2025 and 2026, including companies from various sectors such as technology, transport, consultancy, insurance, and finance. Some of the committed tenants include “Manulife Financial Advisers”, the “Competition and Consumer Commission of Singapore” (CCCS), and “Gurin Energy”. The developers aimed at a sustainable energy-efficient building, with an architectural design that allows natural light to enter the building, alongside the lush greenery found in the cascading landscaped terraces, which creates a balance between the urban skyline and nature. The building’s distinct “environmental veil” is an architectural skin that is designed to help filter sunlight, reduce glare and the heat gain within the interior of the structure, it also helps lower the energy consumption of the building. The residual air from the HVAC system in the building is directed towards the outdoor public areas, not only improving the ventilation but also comfort, while minimizing waste. Energy efficient rooftop solar panels power the lighting and exterior air fans in these shared spaces. The building also uses modern technology to drive operational efficiency, utilizing a computerized maintenance management system, which prioritizes tasks while optimizing manpower and providing consistent service standards. Keppel South Central has won multiple awards for its efforts in sustainability, including a Green Mark Platinum certification from the Building and Construction Authority (BCA). It also achieved WELL Core Pre-certification in the Platinum Level, which acknowledges the design principles used in the building, which prioritize health, physical, and mental well-being. At the EdgeProp Singapore Excellence Awards (EPEA) 2025, Keppel South Central further solidified its position by winning the “Top Office Development Award”. This award recognizes the innovative workplace design, sustainability, and community-centric approach employed in the project. The modern office floor plan has a standard floor-to-ceiling height of 3.2m with an average plate area of 20,000 sq ft, which contributes to the flexibility of the building. The structural columns are arranged on the perimeter, resulting in open and unobstructed interiors for tenants to configure their spaces as and when necessary. The developer also offers tenant fit-out services, which include design, space planning, and project management, which help create offices that cater to a particular brand identity, and allows tenants the freedom to adjust spaces according to their work culture. Tenants also have the option of choosing an office that is already fitted, hence, allowing for immediate occupancy. The offices on the upper floors offer scenic views of the sea, Sentosa island, CBD’s iconic skyline, and heritage shophouses in the Tanjong Pagar neighborhood, giving occupants the luxury of both inspiration and a luxurious setting. The developer has also made this project their go-to example for redevelopment of brownfield areas. The site that houses Keppel Towers and Keppel Towers 2 was acquired from Keppel REIT in 2010 by Keppel. Keppel Towers was built in 1991 while Keppel Towers 2 (Formerly known as GE Tower), in 1993. In 2013, the developer had obtained provisional permission from the Urban Redevelopment Authority (URA) for a mixed-use development that included residential, office, and retail spaces. However, the company decided to pivot to a purely commercial project, in line with the government’s vision of developing CBD into a mixed-use hub, that focuses on creating a dynamic environment that focuses on multiple activities for residents. Located at Hoe Chiang Road, at the heart of Tanjong Pagar Precinct, Keppel South Central has been designed strategically. It provides convenience with its location, it is within walking distance from three MRT Stations that are currently in operation: Tanjong Pagar (East-West Line), Prince Edward Road (Circle Line), and Cantonment (Circle Line) – which are scheduled to open in 2026. With the Greater Southern Waterfront planned, the Tanjong Pagar region will see a change in its landscape, evolving from a traditional business district, into a futuristic urban hub, as per URA Master Plan and Keppel South Central is a perfect example of this transformation.

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