Cheapest New Launch Condos in Singapore – A Value for Money

Introduction: Living in condos, these days has become a trend and a hallmark of status and convenience in Singapore. Apart from other amenities, condos also come with a dynamic aspect that is you don’t have to worry about its maintenance, as a management body is already put in place to take care of it. Besides that, condo living provides a high level of security compared to general apartments or flats. 

So, if you are looking to buy one under a decent budget, then here’s a list below about the 6 cheapest new launch condos in Singapore. 

Cheapest New Condo Launches in Singapore

1. The Parc Canberra EC

Build by Hoi Hup Realty Pte Ltd, a local award-winner builder, the property refers to an executive condominium type. The realty offers total units of 496 condos situated very close to the Canberra MRT station, within proximity of 300 meters. The property has access to other facilities like; gymnasiums, health care units, hawker center, indoor/outdoor swimming pools, and abundant spaces for sports activities.

Basic details—

• Property name: Parc Canberra EC.
• Location: Canberra Link/ Canberra Walk, District- D27 Sembawang.
• Property builder: Hoi Hup Realty Pte Ltd.
• Price estimation: ±$1,070/Sq-ft. 
• Build type: 2Bedroom – 5Bedroom.
• Leasehold tenure: 99 Years.

2. The Ola EC

The new condo launched by Evia Real Estate and Gamuda (Singapore), a reputable and affluent property developer has plenty to offer. The site is strategically built, where it meets all the standards of comfort and convenience. The Ola EC is situated near Sengkang MRT Station within a 10-minute walking distance. Other amenities include suburban marketing places like the Compass One Mall and Seletar Mall. That’s not all, you can also enjoy your evenings or days, relishing delectable dishes in nearby dinners such as; Chef Recipe, Mc Donald’s, and Legend Cafe. Most importantly it also has easy access to recreation parks, primary education centers, and of course, the Sengkang general hospital for emergencies.

Basic Details— 

• Property name: Ola EC.
• Location: Anchorvale Cresent, District- D19 SengKang.
• Property builder: Evia and Gamuda.
• Price estimation: ±$1,070/Sq-ft.
• Build type: 2Bedroom – 5Bedroom.
• Leasehold tenure: 99 Years.

3. Piermont Grand

It is probably one of the cheapest new launch condos in Singapore. Under the biggest realty brand, Piermont Grand, the private housing units are well located near the Punggol MRT station (10-minute walk). It is an executive condominium that offers a whopping 800 units. Living here will get you the advantage of being close to various primary academic institutions, plus a suburban center for shopping activities.

Basic Details—

• Property name: Piermont Grand.
• Location: Sumang Walk (10 min walk to Punggol MRT), District- D19 Punggol.
• Property Builder: CDL.
• Price estimation: ±$1,100/Sq-ft.
• Build type: 3Bedrooms – 5Bedrooms.
• Leasehold tenure: 99 Years.

4. Treasure Tampines

Build on a land measuring around 656,673 Sq-ft, the new condo launch is one the most attractive places to dwell. It has close proximity to the essential transport facility, like the Changi Airport. Also, if you are a business-oriented person then this condominium might be your ideal domicile, as it connects to the Changi business park, one of the oldest financial hubs in Singapore. About amenities, there are plenty that comes your way like the Simei and Tampines MRT station, (approx. 10-minute walk), PIE, TPE, and ECP highways for easy travel connectivity. Treasure Tampines also has convenient accesses to Tampines and Tampines 1 malls that offer unrelenting moments of recreation, entertainment, shopping with restaurants, pleasantly apt for solo and family get-togethers, etc, at 

Basic Details—

• Property name: Treasure Tampines.
• Location: Tampines St. 11 (former Tampines Court), District- D18 Tampines.
• Property Builder: Sim Lian.
• Price estimation: ±$1,300/Sq-ft.
• Build type: 1Bedrooms – 5Bedrooms.
• Leasehold tenure: 99 Years.

5. The Florence Residences

The Hong Kong-based real estate giant brings to you a giant 18-storey new condo launch in Singapore that houses a total of 1,410 units. The Florence Residences offers an array of entertainment and recreational perks, from wellness and fitness club to tranquillity, lush garden and kids play club. The nearest bus and train station is at an 8-minute walking distance to Kovan, and Hougang at around 10 minutes away. Further, it also connects to major expressways like the CTE, KPE, and TPE. Meanwhile, primary and junior level schools situated nearby will help drive away your child’s academic concerns. And to talk about shopping centers, there are enough with the likes of Hougang mall, Heartland Mall, and Sengkang One.

Basic Details—

• Property name: The Florence Residences.
• Location: Hougang Avenue 2, District- D19 Serangoon/Hougang.
• Property builder: Logan Property.
• Price estimation: ±$1,400/Sq-ft.
• Build type: 1Bedroom – 5Bedroom.
• Leasehold tenure: 99 Years.

6. Clavon Condo

Standing well and sturdy at 40 storeys from the ground the elegant high-rise new condo launch is simply a hallmark of luxury and an easy lifestyle. The property itself speaks of serenity and greenery all around, with sophisticated lifestyle features that can allure you to be a part of it. Meanwhile, the convenience of transportation is at your doorstep with Clementi MRT station and bus terminals within a 10-minute walking distance. You can also enjoy the ease of accessibility to marketing complexes like Clementi and West Coast malls. Staying at Clavon condo can fulfill your children’s academic needs with primary and high schools located at less than a couple of kilometers.

Basic Details— 

• Property name: Clavon Condo.
• Location: Clementi Ave 1/ District- D05 Clementi.
• Property builder: UOL& UIC.
• Price estimation: ±$1,550/SQ-FT.
• Build type: 1Bedroom – 4Bedroom.
• Leasehold tenure: 99 years.

Conclusion: The Condo living lifestyle is at a buzz, with the last year’s overall resale pattern showing a record high jump at approx. 82%, according to a trusted Singaporean property sales and price index provider. The increase in the purchases of new condo launches in Singapore indicates how popular it has become. Hence, mulling over for a new condo launch in the island city-state shouldn’t be uncanny, as it may bring you both comfort and professional growth prospects.