Q3 wave of condo launches will test demand for Singapore prime projects above S$3,000 psf benchmark
Close to 2,000 units to be launched in the Core Central Region alone, in the biggest batch of new supply there since 2021
[SINGAPORE] A wave of new condominium launches in the coming weeks will pose a litmus test of buyer appetite for prime properties, with prices pushing past S$3,000 per square foot (psf) for several projects.
Some 10 new projects offering about 4,750 homes are expected to be marketed in July and August, before the start of the Hungry Ghost Festival. Beginning in the last week of August, the month-long event is a seasonally slow period for the property market.
Four of these projects are in the prime Core Central Region (CCR): W Residences Marina View, The Robertson Opus, Upperhouse at Orchard Boulevard, and River Green.
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