List of Unsold Condo Units in Singapore 2023

Due to the robust en bloc sales that took place between 2017 till the 1st half of 2018, homebuyers and investors will likely be overwhelmed by the huge number of new launch (or uncompleted) projects that are available in the market right now.

However, a huge portion of the supply has been absorbed by the market since late 2020.

According to the Urban Redevelopment Authority (URA) of Singapore, the total number of uncompleted private homes (excluding executive condos) in the pipeline works out to be a whopping 46,041 by the end of Q4 2022.

In Q3 2022, the number was 49,384 – which means 3,343 uncompleted homes have been added to the impending supply.

The encouraging part is that the take-up rates are growing as fast, if not faster than the supply piling up.

By the end of Q4 2022, the number of unsold condo units tallies up to only 16,024  – which is up from the 15,677 units recorded in the previous quarter.

In short, only 347 units were added within a span of 3 months. Honestly. that’s not a lot.

If you were to include the number of unsold executive condo units as well, here’s how the supply numbers will look for the next couple of years.

Expected Year of Completion	Private Residential Units	Executive Condominiums	Total Units
2023	17,427	1,864	19,291
2024	11,215	1,609	12,824
2025	9,405	639	10,044
2026	7,702	1,608	9,310
> 2026	6,952	1,676	8,628
Total	47,715	4,718	56,803

Learning from historical trends

In case you are wondering why was there a ‘craze’ in the collective sale market and the period when homebuyers and investors were on a buying spree, here’s a chart from URA showing the total number of unsold condo units since 2Q 2014.

The supply of private homes and ECs was at the lowest point from the start of 2017.

As a result, developers were heavily bulking up their land banks with multiple land acquisitions between 2017 to 2018.

However, the government has put a stop to this frenzy by introducing a new round of property cooling measures back in July 2018 and reducing the land supply in the latest government land sales (GLS) programme.

Let’s look at the latest chart provided by URA.

Thus, over the last couple of years, we saw a repeat of 2014 – 2016 when the property market was filled with unsold condo units.

That was actually the time period when developers were very conservative with their price points and dared not make significant price increments.

Obviously, that was perhaps the best time for buyers to enter the market before the next uptrend (when the housing supply runs low again), which technically is the current market situation.

Based on the rightful trend, we should have seen a huge influx of land sales and en bloc sales between 2021 and 2022.

It did look like we would repeat the 2017 – 2018 frenzy until the Singapore government stepped in with property cooling measures in Dec 2021.

Otherwise, we would be seeing many more unsold condo units projected for 2023 and 2024.

And when supply is heading south and demand is heading north, it’s natural to trigger more buying interest at this point of the trend.

Hence, now is possibly the best time (or even the last chance) to hedge onto the next upcycle by tapping on developers’ old stock of unsold condo units in Singapore.

The list of unsold condo units in Singapore 

With an impending surge of new private homes in Singapore this year, I’ve prepared a list of unsold condo units in Singapore for 2023, which will be updated monthly.

I believe this will help you to source the best deal during this property-buying spree.

Instead of looking at the full list of unsold condo units in Singapore (updated on 25 Oct 2023), I’ve broken it down into 3 different regions or localities:

• Core Central Region or CCR (downtown central and high-end districts)
• Rest of Core Central Region or RCR  (city fringe locations)
• Outside Central Region or OCR (mainly mass-market and suburban areas)

The list consists of developer sales for the whole of September 2023. It is sorted according to the number of units sold within the latest month.

I guess it’s a good indication of the popularity of each of the condo projects and what homebuyers and property investors are paying for.

Unsold Condo Units in CCR

Project Name	Street Name	Total No. of Units	Sales for Sep 23	Total Unsold Units	Average Price (PSF)*
PULLMAN RESIDENCES NEWTON	DUNEARN ROAD	340	21	10	$3,258
MIDTOWN MODERN	TAN QUEE LAN STREET	558	9	27	$3,061
ONE BERNAM	BERNAM STREET	351	9	144	$2,584
KLIMT CAIRNHILL	CAIRNHILL ROAD	138	6	58	$3,388
LEEDON GREEN	LEEDON HEIGHTS	638	6	13	$2,774
ORCHARD SOPHIA	SOPHIA ROAD	78	5	49	$2,826
PARK NOVA	TOMLINSON ROAD	54	4	1	$3,441
THE M	MIDDLE ROAD	522	4	7	$2,928
ENCHANTÉ	EVELYN ROAD	25	2	16	$2,840
IRWELL HILL RESIDENCES	IRWELL HILL	540	2	3	$2,651
BOULEVARD 88	ORCHARD BOULEVARD	154	1	14	$3,763
DALVEY HAUS	DALVEY ROAD	17	1	5	$3,235
GRANGE 1866	GRANGE ROAD	60	1	27	$3,062
JERVOIS PRIVE	JERVOIS ROAD	43	1	28	$3,203
KOPAR AT NEWTON	MAKEWAY AVENUE	378	1	6	$2,874
MIDTOWN BAY	BEACH ROAD	219	1	98	$4,086
NEU AT NOVENA	MOULMEIN RISE	87	1	0	$2,559
PERFECT TEN	BUKIT TIMAH ROAD	230	1	6	$3,501
10 EVELYN	EVELYN ROAD	56	0	30	–
15 HOLLAND HILL	HOLLAND HILL	57	0	0	–
19 NASSIM	NASSIM HILL	101	0	95	–
35 GILSTEAD	GILSTEAD ROAD	70	0	0	–
ASPEN LINQ	INSTITUTION HILL	18	0	1	–
BOTANIC @ CLUNY PARK	CLUNY PARK ROAD	6	0	3	–
CAIRNHILL 16	CAIRNHILL RISE	39	0	0	–
CUSCADEN RESERVE	CUSCADEN ROAD	192	0	181	–
HAUS ON HANDY	HANDY ROAD	188	0	0	–
HILL HOUSE	INSTITUTION HILL	72	0	55	–
HYLL ON HOLLAND	HOLLAND ROAD	319	0	0	–
IKIGAI	SHREWSBURY ROAD	16	0	6	–
JERVOIS MANSION	JERVOIS CLOSE	130	0	26	–
LANDED HOUSING DEVELOPMENT	MOUNT ROSIE ROAD	6	0	4	–
LANDED HOUSING DEVELOPMENT	BO SENG AVENUE	6	0	2	–
LES MAISONS NASSIM	NASSIM ROAD	14	0	0	–
NEWPORT RESIDENCES	ANSON ROAD	246	0	246	–
ONE HOLLAND VILLAGE RESIDENCES	HOLLAND VILLAGE WAY	296	0	0	–
PARKSUITES	HOLLAND GROVE ROAD	119	0	85	–
PEAK RESIDENCE	THOMSON ROAD	90	0	0	–
RESIDENTIAL APARTMENTS	CAIRNHILL RISE	75	0	75	–
RESIDENTIAL APARTMENTS	SHENTON WAY	215	0	215	–
SANCTUARY@NEWTON	SURREY ROAD	38	0	36	–
SOPHIA REGENCY	SOPHIA ROAD	38	0	38	–
THE ATELIER	MAKEWAY AVENUE	120	0	0	–
THE AVENIR	RIVER VALLEY CLOSE	376	0	0	–
THE GIVERNY RESIDENCES	ROBIN DRIVE	6	0	6	–
VAN HOLLAND	HOLLAND ROAD	69	0	0	–
WILSHIRE RESIDENCES	FARRER ROAD	85	0	0	–

Unsold Condo Units in RCR

Project Name	Street Name	Total No. of Units	Sales for Sep 23	Total Unsold Units	Average Price (PSF)*
GRAND DUNMAN	DUNMAN ROAD	1008	16	428	$2,571
THE RESERVE RESIDENCES	JALAN ANAK BUKIT	732	11	108	$2,446
THE CONTINUUM	THIAM SIEW AVENUE	816	10	543	$2,790
THE LANDMARK	CHIN SWEE ROAD	396	8	96	$2,832
PINETREE HILL	PINE GROVE	520	7	373	$2,395
TEMBUSU GRAND	JALAN TEMBUSU	638	4	266	$2,399
BARTLEY VUE	JALAN BUNGA RAMPAI	115	3	24	$1,908
FORETT AT BUKIT TIMAH	TOH TUCK ROAD	633	3	0	$2,375
TERRA HILL	YEW SIANG ROAD	270	3	165	$2,744
LIV @ MB	ARTHUR ROAD	298	2	7	$2,306
MORI	GUILLEMARD ROAD	137	1	10	$1,891
MYRA	MEYAPPA CHETTIAR ROAD	85	1	4	$2,228
THE REEF AT KING’S DOCK	HARBOURFRONT AVENUE	429	1	14	$2,667
ZYANYA	LORONG 25A GEYLANG	34	1	8	$1,876
AMBER PARK	AMBER GARDENS	592	0	0	–
AMBER SEA	AMBER GARDENS	132	0	132	–
ATLASSIA	JOO CHIAT PLACE	31	0	9	–
BLOSSOMS BY THE PARK	SLIM BARRACKS RISE	275	0	61	–
CANNINGHILL PIERS	CLARKE QUAY	696	0	16	–
CLAYDENCE	STILL ROAD/KOON SENG ROAD	28	0	28	–
GEMS VILLE	LORONG 13 GEYLANG	24	0	24	–
KENT RIDGE HILL RESIDENCES	SOUTH BUONA VISTA ROAD	548	0	0	–
LAVENDER RESIDENCE	LAVENDER STREET	17	0	9	–
MATTAR RESIDENCES	MATTAR ROAD	26	0	26	–
MEYER MANSION	MEYER ROAD	200	0	2	–
ONE PEARL BANK	PEARL BANK	774	0	2	–
PARQ BELLA	TEMBELING ROAD	20	0	20	–
PICCADILLY GRAND	NORTHUMBERLAND ROAD	407	0	2	–
RIVIERE	JIAK KIM STREET	455	0	0	–
ROYAL HALLMARK	HAIG LANE	32	0	4	–
SKY EVERTON	EVERTON ROAD	262	0	1	–
SUNSTONE HILL	BALMEG HILL	28	0	28	–
THE CARRARA	MOUNTBATTEN ROAD	6	0	4	–
THE HILL @ONE-NORTH	SLIM BARRACKS RISE	142	0	142	–
TMW MAXWELL	MAXWELL ROAD	324	0	318	–

Unsold Condo Units in OCR

Project Name	Street Name	Total No. of Units	Sales for Sep 23	Total Unsold Units	Average Price (PSF)*
ALTURA	BUKIT BATOK WEST AVENUE 8	360	100	44	$1,473
LENTOR HILLS RESIDENCES	LENTOR HILLS ROAD	598	17	205	$2,231
NORTH GAIA	YISHUN CLOSE	616	16	270	$1,320
POLLEN COLLECTION	POLLEN VIEW/POLLEN CRESCENT/POLLEN WALK/POLLEN PLACE	132	8	96	$2,185
THE MYST	UPPER BUKIT TIMAH ROAD	408	8	257	$2,147
THE ARDEN	PHOENIX ROAD	105	7	68	$1,799
SKY EDEN@BEDOK	BEDOK CENTRAL	158	5	22	$2,113
THE BOTANY AT DAIRY FARM	DAIRY FARM WALK	386	5	168	$2,047
LENTOR MODERN	LENTOR CENTRAL	605	4	46	$2,026
PASIR RIS 8	PASIR RIS DRIVE 8	487	4	12	$1,766
THE LAKEGARDEN RESIDENCES	YUAN CHING ROAD	306	4	235	$2,068
THE SHOREFRONT	JALAN LOYANG BESAR	23	3	20	$1,902
KI RESIDENCES AT BROOKVALE	BROOKVALE DRIVE	660	2	14	$2,148
SCENECA RESIDENCE	TANAH MERAH KECHIL LINK	268	2	98	$2,106
PARC GREENWICH	FERNVALE LANE	496	1	1	$1,279
PROVENCE RESIDENCE	CANBERRA CRESCENT	413	1	0	$1,490
THE JARDINE RESIDENCES	LORONG CHUAN	6	1	1	$3,092
AFFINITY AT SERANGOON	SERANGOON NORTH AVENUE 1	1052	0	0	–
AMO RESIDENCE	ANG MO KIO RISE	372	0	2	–
BAYWIND RESIDENCES	LORONG N TELOK KURAU	24	0	0	–
BELGRAVIA ACE	BELGRAVIA DRIVE	107	0	25	–
CASHEW GREEN	CASHEW ROAD	19	0	2	–
COPEN GRAND	TENGAH GARDEN WALK	639	0	0	–
HILLOCK GREEN	LENTOR CENTRAL	474	0	474	–
J’DEN	JURONG EAST CENTRAL 1	368	0	368	–
K SUITES	LORONG K TELOK KURAU	19	0	15	–
KOVAN JEWEL	KOVAN ROAD	34	0	27	–
PARC CANBERRA	CANBERRA WALK	496	0	2	–
PARC CLEMATIS	JALAN LEMPENG	1468	0	23	–
PARKWOOD RESIDENCES	YIO CHU KANG ROAD	18	0	0	–
PHOENIX RESIDENCES	PHOENIX AVENUE	74	0	4	–
PIERMONT GRAND	SUMANG WALK	820	0	0	–
RIVERFRONT RESIDENCES	HOUGANG AVENUE 7	1472	0	0	–
RYMDEN 77	LORONG H TELOK KURAU	31	0	0	–
SPRING WATERS VILLAS	JALAN MATA AYER	6	0	2	–
TENET	TAMPINES STREET 62	618	0	2	–
THE COMMODORE	CANBERRA DRIVE	219	0	0	–
THE WATERGARDENS AT CANBERRA	CANBERRA DRIVE	448	0	0	–
URBAN TREASURES	JALAN EUNOS	237	0	0	–

If you would like to receive the full monthly-updated list of unsold condo units in Singapore and other updates via email, simply just indicate your interest by using the form below.

Final Word

Let’s face it – when the Singapore property market was experiencing a downturn from 2014 to 2016, many homebuyers or investors were thinking that the market was going to crash and thus hoping to rip a good deal (or a cheap one) from sellers or developers.

Unfortunately, that did not happen as frequently as most would hope for.

Similar sentiments were felt over the last 2 years when the nation was affected by the COVID-19 pandemic.

However, prices remain strong in the new home segment, and the buying demand keeps increasing.

In fact, by looking at the current price points of these developments with unsold condo units in Singapore, you will never be able to find anything that matches the price points which were seen in 2014 – 2016.

In my opinion, there’s absolutely no rush to buy into the new launch property market right now.

This is because we are expecting more projects to be released in 2023 & 2024, and I believe they will be listed for sale at very competitive price points due to supply in the market.

Hence, you can take your time within these 2 years to pick the right one that suits your needs as it is the most ideal window to purchase a new launch condo.

I am not saying that all of these unsold condos listed are good buys, but it certainly helps if you study this list over time as I continue to update it.

Pick the one that matches your own requirements and the one that fits you.

If you need help or a real-time update on the condominium of your choice, you can always reach me via WhatsApp or drop me a note using the contact form below.

Thanks for reading and please help to share if you find this article useful.