List of Unsold Condo Units in Singapore 2023

To date, there are only 7,214 unsold condo units (including ECs) in Singapore.

57,199

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.

Unsold Condo Units in Singapore 4Q2022
Total Number of Unsold Condo Units in Singapore till 2026
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.

Total Number of Unsold Condo Units in the Pipeline till Q3 2021
Total Number of Unsold Condo Units in the Pipeline till Q3 2021

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.

Total Number of Unsold Condo Units in the Pipeline till Q4 2022

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.

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