The Business Times
business-time-50
THE LEVEL GROUND

High per square foot prices of new condos could be increasingly irrelevant to buyers

For many, the focus is on finding the right home at an acceptable absolute quantum

Summarise
google-preferred-sourceAdd BT as a preferred source
Leslie Yee

Leslie Yee

Published Mon, Apr 6, 2026 · 11:48 AM
阅读简体中文版 (beta)
    • A new condo home’s saleable area typically captures more accurately a unit’s actual usable space.
    • A new condo home’s saleable area typically captures more accurately a unit’s actual usable space. PHOTO: YEN MENG JIIN, BT

    [SINGAPORE] Singapore’s new condo buyers are a hardy lot.

    They are unfazed by the war in the Middle East, which is squeezing energy supply, fuelling inflation, hurting economic growth and rattling equity markets.

    In late March, Pinery Residences sold 544 units, or 92.5 per cent of its 588 units over its launch weekend. The project, which is linked to Tampines West MRT station, has its units atop a 121,600 square foot (sq ft) mall.

    CONDOSprivate home salesResidentialSingapore residential propertyProperty developersURAThe Level Ground

    TRENDING NOW

    Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

    What makes a good job? Feeling that you matter

    Acting Minister-in-charge of Muslim Affairs Faishal Ibrahim resigned from political office on Jul 20.

    Faishal Ibrahim resigns over online messages with a female member of the public

    Alibaba’s Qwen alone has overtaken Meta’s Llama to become the most downloaded open-source model family in history.

    When the disruptor gets disrupted: How Chinese open-source AI is eating its own industry

    CapitaLand Integrated Commercial Trust is spending S$160 million to revamp Plaza Singapura and The Atrium@Orchard.

    Retail resets: Mall owners reposition shopping centres as Singapore’s consumer landscape evolves

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More