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 which 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 dare 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 to 2022.

It did look like we will 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 and it 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 28 February 2023), I’ve broken it down into the 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 January 2023. It is sorted accordingly 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 Jan 23	Total Unsold Units	Average Price (PSF)*
LEEDON GREEN	LEEDON HEIGHTS	638	21	115	$2,957
KLIMT CAIRNHILL	CAIRNHILL ROAD	138	17	113	$3,784
ONE HOLLAND VILLAGE RESIDENCES	HOLLAND VILLAGE WAY	296	16	47	$2,791
HAUS ON HANDY	HANDY ROAD	188	11	21	$2,746
PERFECT TEN	BUKIT TIMAH ROAD	230	11	43	$3,168
WILSHIRE RESIDENCES	FARRER ROAD	85	10	11	$2,716
CAIRNHILL 16	CAIRNHILL RISE	39	8	29	$2,675
HYLL ON HOLLAND	HOLLAND ROAD	319	8	68	$2,788
PULLMAN RESIDENCES NEWTON	DUNEARN ROAD	340	8	120	$3,092
MIDTOWN MODERN	TAN QUEE LAN STREET	558	6	85	$2,920
PEAK RESIDENCE	THOMSON ROAD	90	6	39	$2,553
SLOANE RESIDENCES	BALMORAL ROAD	52	5	0	$2,598
IRWELL HILL RESIDENCES	IRWELL HILL	540	3	31	$2,999
ONE BERNAM	BERNAM STREET	351	3	207	$2,480
VAN HOLLAND	HOLLAND ROAD	69	3	25	$2,931
19 NASSIM	NASSIM HILL	101	2	95	$3,846
JERVOIS PRIVE	JERVOIS ROAD	43	2	38	$2,902
KOPAR AT NEWTON	MAKEWAY AVENUE	378	2	28	$2,436
MIDTOWN BAY	BEACH ROAD	219	2	124	$3,237
THE ATELIER	MAKEWAY AVENUE	120	2	98	$2,814
THE M	MIDDLE ROAD	522	2	24	$3,190
10 EVELYN	EVELYN ROAD	56	1	36	$2,756
BOULEVARD 88	ORCHARD BOULEVARD	154	1	19	$3,882
DALVEY HAUS	DALVEY ROAD	17	1	12	$3,493
GRANGE 1866	GRANGE ROAD	60	1	48	$3,145
HILL HOUSE	INSTITUTION HILL	72	1	58	$3,022
MOOI RESIDENCES	HOLLAND ROAD	24	1	1	$2,568
NEU AT NOVENA	MOULMEIN RISE	87	1	6	$2,970
PARK NOVA	TOMLINSON ROAD	54	1	7	$4,642
PARKSUITES	HOLLAND GROVE ROAD	119	1	89	$2,173
THE AVENIR	RIVER VALLEY CLOSE	376	1	38	$3,162
15 HOLLAND HILL	HOLLAND HILL	57	0	5	–
35 GILSTEAD	GILSTEAD ROAD	70	0	2	–
ASPEN LINQ	INSTITUTION HILL	18	0	1	–
CUSCADEN RESERVE	CUSCADEN ROAD	192	0	182	–
DUNEARN 386	DUNEARN ROAD	35	0	0	–
ENCHANTE	EVELYN ROAD	25	0	23	–
FOURTH AVENUE RESIDENCES	FOURTH AVENUE	476	0	0	–
FYVE DERBYSHIRE	DERBYSHIRE ROAD	71	0	0	–
IKIGAI	SHREWSBURY ROAD	16	0	11	–
JERVOIS MANSION	JERVOIS CLOSE	130	0	26	–
JERVOIS TREASURES	JERVOIS ROAD	36	0	34	–
LES MAISONS NASSIM	NASSIM ROAD	14	0	3	–
ONE DRAYCOTT	DRAYCOTT PARK	64	0	51	–
RESIDENTIAL APARTMENTS	SHENTON WAY	215	0	215	–
RESIDENTIAL APARTMENTS	CAIRNHILL RISE	75	0	75	–
[email protected]	SURREY ROAD	38	0	38	–
SOPHIA REGENCY	SOPHIA ROAD	38	0	38	–
THE HYDE	BALMORAL ROAD	117	0	2	–
THE IVERIA	KIM YAM ROAD	51	0	0	–
BOTANIC @ CLUNY PARK	CLUNY PARK ROAD	6	0	3	–

Unsold Condo Units in RCR

Project Name	Street Name	Total No. of Units	Sales for Jan 23	Total Unsold Units	Average Price (PSF)*
RIVIERE	JIAK KIM STREET	455	13	34	$3,087
THE LANDMARK	CHIN SWEE ROAD	396	10	179	$2,555
LIV @ MB	ARTHUR ROAD	298	6	44	$2,529
ONE PEARL BANK	PEARL BANK	774	4	66	$2,587
FORETT AT BUKIT TIMAH	TOH TUCK ROAD	633	3	10	$2,298
1953	TESSENSOHN ROAD	58	2	0	$1,859
BARTLEY VUE	JALAN BUNGA RAMPAI	115	2	37	$1,876
THE REEF AT KING’S DOCK	HARBOURFRONT AVENUE	429	2	30	$2,608
AMBER PARK	AMBER GARDENS	592	1	10	$2,784
ATLASSIA	JOO CHIAT PLACE	31	1	10	$2,036
CANNINGHILL PIERS	CLARKE QUAY	696	1	20	$3,002
MORI	GUILLEMARD ROAD	137	1	12	$1,835
PICCADILLY GRAND	NORTHUMBERLAND ROAD	407	1	62	$1,801
ROYAL HALLMARK	HAIG LANE	32	1	12	$1,999
AMBER SEA	AMBER GARDENS	132	0	132	–
AVENUE SOUTH RESIDENCE	SILAT AVENUE	1074	0	0	–
CLAYDENCE	STILL ROAD/KOON SENG ROAD	28	0	28	–
COASTLINE RESIDENCES	AMBER ROAD	144	0	0	–
GEMS VILLE	LORONG 13 GEYLANG	24	0	24	–
JADESCAPE	SHUNFU ROAD	1206	0	0	–
LAVENDER RESIDENCE	LAVENDER STREET	17	0	17	–
MATTAR RESIDENCES	MATTAR ROAD	26	0	26	–
MAYFAIR GARDENS	RIFLE RANGE ROAD	215	0	1	–
MAYFAIR MODERN	RIFLE RANGE ROAD	171	0	0	–
MEYER MANSION	MEYER ROAD	200	0	9	–
MYRA	MEYAPPA CHETTIAR ROAD	85	0	21	–
NYON	AMBER ROAD	92	0	0	–
ONE MEYER	MEYER PLACE	66	0	0	–
PARK COLONIAL	WOODLEIGH LANE	805	0	5	–
SERAYA RESIDENCES	SERAYA LANE	17	0	3	–
SKY EVERTON	EVERTON ROAD	262	0	1	–
SUNSTONE HILL	BALMEG HILL	28	0	28	–
TEMBUSU GRAND	JALAN TEMBUSU	638	0	638	–
TERRA HILL	YEW SIANG ROAD	270	0	270	–
THE WOODLEIGH RESIDENCES	BIDADARI PARK DRIVE	667	0	0	–
UPTOWN @ FARRER	PERUMAL ROAD	116	0	1	–
VERTICUS	JALAN KEMAMAN	162	0	0	–
ZYANYA	LORONG 25A GEYLANG	34	0	14	–
KENT RIDGE HILL RESIDENCES	SOUTH BUONA VISTA ROAD	548	0	3	–
NORMANTON PARK	NORMANTON PARK	1862	0	0	–

Unsold Condo Units in OCR

Project Name	Street Name	Total No. of Units	Sales for Jan 23	Total Unsold Units	Average Price (PSF)*
SCENECA RESIDENCE	TANAH MERAH KECHIL LINK	268	157	111	$2,083
TENET	TAMPINES STREET 62	618	145	28	$1,388
THE GAZANIA	HOW SUN DRIVE	250	9	32	$2,306
COPEN GRAND	TENGAH GARDEN WALK	639	8	0	$1,408
PARC CLEMATIS	JALAN LEMPENG	1468	7	21	$1,801
NORTH GAIA	YISHUN CLOSE	616	6	403	$1,253
SKY [email protected]	BEDOK CENTRAL	158	2	34	$2,072
THE COMMODORE	CANBERRA DRIVE	219	2	7	$1,471
THE LILIUM	HOW SUN ROAD	80	2	23	$2,255
URBAN TREASURES	JALAN EUNOS	237	2	13	$2,060
BAYWIND RESIDENCES	LORONG N TELOK KURAU	24	1	6	$2,080
KOVAN JEWEL	KOVAN ROAD	34	1	29	$2,126
THE WATERGARDENS AT CANBERRA	CANBERRA DRIVE	448	1	4	$1,498
PARC CANBERRA	CANBERRA WALK	496	0	1	–
PARC CENTRAL RESIDENCES	TAMPINES STREET 86	700	0	0	–
PARC GREENWICH	FERNVALE LANE	496	0	1	–
PIERMONT GRAND	SUMANG WALK	820	0	0	–
PROVENCE RESIDENCE	CANBERRA CRESCENT	413	0	0	–
77 @ EAST COAST	UPPER EAST COAST ROAD	41	0	0	–
AMO RESIDENCE	ANG MO KIO RISE	372	0	5	–
CASA AL MARE	JALAN LOYANG BESAR	49	0	0	–
CLAVON	CLEMENTI AVENUE 1	640	0	0	–
DAIRY FARM RESIDENCES	DAIRY FARM LANE	460	0	1	–
INFINI AT EAST COAST	EAST COAST ROAD	36	0	0	–
K SUITES	LORONG K TELOK KURAU	19	0	19	–
KI RESIDENCES AT BROOKVALE	BROOKVALE DRIVE	660	0	23	–
LENTOR MODERN	LENTOR CENTRAL	605	0	84	–
M SUITES	LORONG MELAYU	16	0	0	–
MONT BOTANIK RESIDENCE	JALAN REMAJA	108	0	0	–
PARC KOMO	UPPER CHANGI ROAD NORTH	276	0	0	–
PARKWOOD RESIDENCES	YIO CHU KANG ROAD	18	0	0	–
PASIR RIS 8	PASIR RIS DRIVE 8	487	0	24	–
PHOENIX RESIDENCES	PHOENIX AVENUE	74	0	4	–
RESIDENCE TWENTY-TWO	TELOK KURAU ROAD	22	0	0	–
RYMDEN 77	LORONG H TELOK KURAU	31	0	1	–
SENGKANG GRAND RESIDENCES	COMPASSVALE BOW	680	0	0	–
THE ARDEN	PHOENIX ROAD	105	0	105	–
THE BOTANY AT DAIRY FARM	DAIRY FARM WALK	386	0	386	–
THE FLORENCE RESIDENCES	HOUGANG AVENUE 2	1410	0	0	–
BELGRAVIA ACE	BELGRAVIA DRIVE	107	0	25	–
PARKWOOD COLLECTION	LORONG 1 REALTY PARK	53	0	0	–
AFFINITY AT SERANGOON	SERANGOON NORTH AVENUE 1	1052	0	8	–
RIVERFRONT RESIDENCES	HOUGANG AVENUE 7	1472	0	1	–

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

Final Word

Let’s face it – when the Singapore property market was experiencing a downturn back 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 homes 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 all 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 one that fits you.

And 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.