List of Unsold Condo Units in Singapore 2020
To date, a projected number of 56,803 unsold condo units in Singapore till 2023
Due to the robust en 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.
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 53,284 by the end of Q1 2019.
In Q4 2018, the number was 51,498 – which means another 1,786 uncompleted homes have been added on to the impending supply.
The worrying part is that the take-up rates are not growing as fast and the supply piles up. By the end of Q1 2019, the number of unsold condo units tallies up to 36,839 – which is 2,015 units more than Q4 2018.
If you were to include the number of unsold executive condo units as well, here’s how the supply numbers will look like for the next couple of years.
| Expected Year of Completion |
Private Residential Units |
Executive Condominiums |
Total Units |
| 2Q-4Q2019 | 6,717 | 1,028 | 7,745 |
| 2020 | 4,231 | 628 | 4,859 |
| 2021 | 13,078 | 13,078 | |
| 2022 | 20,116 | 20,116 | |
| 2023 | 8,628 | 1,863 | 10,491 |
| >2023 | 514 | 514 | |
| Total | 53,284 | 3,519 | 56,803 |
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.
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 and it’s possibly the best time to hedge onto the next upcycle.
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. Thus, it’s very likely that we will see 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. And obviously, that was perhaps the best time for buyers to enter the market before the next uptrend (when housing supply runs low again) – which will likely be after 2022.
The list of unsold condo units in Singapore
With an impending surge of private homes in Singapore before 2022, I’ve prepared a list of unsold condo units in Singapore for 2019 and it will be updated monthly. I believe this will help you to source out the best deal during this relatively lull period.
Instead of looking at the full list of unsold condo units in Singapore (updated on 25 June 2020), 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 May2020. 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 | Tenure | Total No. of Units | Total Unsold Units | Sales for May 20 | Average Price (PSF)* |
| KOPAR AT NEWTON | 99 Yrs Leasehold | 378 | 280 | 16 | $2,307 |
| FOURTH AVENUE RESIDENCES | 99 Yrs Leasehold | 476 | 354 | 7 | $2,163 |
| MARTIN MODERN | 99 Yrs From 28/09/2016 | 450 | 63 | 7 | $2,579 |
| NEU AT NOVENA | Freehold | 87 | 19 | 4 | $2,675 |
| LEEDON GREEN | Freehold | 638 | 595 | 1 | $2,620 |
| DUNEARN 386 | Freehold | 35 | 27 | 1 | $2,439 |
| HAUS ON HANDY | 99 Yrs Leasehold | 188 | 154 | 1 | $2,866 |
| 3 CUSCADEN | Freehold | 96 | 13 | 1 | $3,614 |
| 35 GILSTEAD | Freehold | 70 | 41 | 1 | $2,606 |
| VAN HOLLAND | Freehold | 69 | 54 | 1 | $2,981 |
| PULLMAN RESIDENCES, NEWTON | Freehold | 340 | 332 | 1 | $2,608 |
| THE M | 99 Yrs Leasehold | 522 | 138 | 0 | $2,477 |
| MIDTOWN BAY | 99 Yrs Leasehold | 219 | 169 | 0 | $2,860 |
| BOULEVARD 88 | Freehold | 154 | 60 | 0 | $3,713 |
| 15 HOLLAND HILL | Freehold | 59 | 58 | 0 | $2,692 |
| FYVE DERBYSHIRE | Freehold | 71 | 47 | 0 | $2,381 |
| ROYALGREEN | Freehold | 285 | 229 | 0 | $2,707 |
| 120 GRANGE | Freehold | 56 | 10 | 0 | $3,234 |
| 19 NASSIM | Freehold | 101 | 100 | 0 | $3,351 |
| THE AVENIR | Freehold | 376 | 358 | 0 | $2,973 |
| THE HYDE | Freehold | 117 | 101 | 0 | $2,604 |
Unsold Condo Units in RCR
| Project Name | Tenure | Total No. of Units | Total Unsold Units | Sales for May 20 | Average Price (PSF)* |
| PARC ESTA | 99 Yrs Leasehold | 1399 | 185 | 45 | $1,680 |
| JADESCAPE | 99 Yrs Leasehold | 1206 | 428 | 27 | $1,733 |
| STIRLING RESIDENCES | 99 Yrs Leasehold | 1259 | 279 | 22 | $1,910 |
| VIEW AT KISMIS | 99 Yrs Leasehold | 186 | 89 | 13 | $1,681 |
| AVENUE SOUTH RESIDENCE | 99 Yrs Leasehold | 1074 | 594 | 13 | $2,026 |
| KENT RIDGE HILL RESIDENCES | 99 Yrs Leasehold | 548 | 229 | 12 | $1,657 |
| THE WOODLEIGH RESIDENCES | 99 Yrs Leasehold | 667 | 460 | 9 | $1,794 |
| DAINTREE RESIDENCE | 99 Yrs Leasehold | 327 | 219 | 7 | $1,665 |
| COASTLINE RESIDENCES | Freehold | 144 | 107 | 6 | $2,345 |
| THE TRE VER | 99 Yrs Leasehold | 729 | 43 | 5 | $1,605 |
| ONE PEARL BANK | 99 Yrs Leasehold | 774 | 507 | 5 | $2,573 |
| JUI RESIDENCES | Freehold | 117 | 31 | 4 | $1,733 |
| THE ANTARES | 99 Yrs Leasehold | 265 | 227 | 4 | $1,658 |
| REZI 24 | Freehold | 110 | 49 | 3 | $1,587 |
| MARGARET VILLE | 99 Yrs Leasehold | 309 | 6 | 2 | $1,799 |
| ARTRA | 99 Yrs Leasehold | 400 | 5 | 2 | $1,985 |
| ARENA RESIDENCES | Freehold | 98 | 20 | 2 | $1,877 |
| QUEENS PEAK | 99 Yrs Leasehold | 736 | 14 | 2 | $1,723 |
| UPTOWN @ FARRER | 99 Yrs Leasehold | 116 | 87 | 2 | $1,787 |
| AMBER PARK | Freehold | 592 | 387 | 1 | $2,446 |
| PARK COLONIAL | 99 Yrs Leasehold | 805 | 87 | 1 | $1,744 |
| VERTICUS | Freehold | 162 | 152 | 1 | $1,997 |
| SKY EVERTON | Freehold | 262 | 57 | 1 | $2,501 |
| MAYFAIR MODERN | 99 Yrs Leasehold | 171 | 103 | 0 | $1,912 |
| MAYFAIR GARDENS | 99 Yrs Leasehold | 215 | 49 | 0 | $2,025 |
| RIVIERE | 99 Yrs Leasehold | 455 | 400 | 0 | $2,638 |
| OLLOI | Freehold | 34 | 20 | 0 | $1,669 |
| AMBER 45 | Freehold | 139 | 21 | 0 | $2,120 |
| BIJOU | Freehold | 120 | 34 | 0 | $2,008 |
Unsold Condo Units in OCR
| Project Name | Tenure | Total No. of Units | Total Unsold Units | Sales for May 20 | Average Price (PSF)* |
| TREASURE AT TAMPINES | 99 Yrs Leasehold | 2203 | 1038 | 56 | $1,360 |
| PARC CLEMATIS | 99 Yrs Leasehold | 1468 | 795 | 55 | $1,599 |
| THE FLORENCE RESIDENCES | 99 Yrs Leasehold | 1410 | 746 | 54 | $1,513 |
| THE TAPESTRY | 99 Yrs Leasehold | 861 | 100 | 23 | $1,325 |
| AFFINITY AT SERANGOON | 99 Yrs Leasehold | 1052 | 334 | 21 | $1,565 |
| PIERMONT GRAND | 99 Yrs Leasehold | 820 | 294 | 17 | $1,128 |
| THE GARDEN RESIDENCES | 99 Yrs Leasehold | 613 | 322 | 11 | $1,611 |
| WHISTLER GRAND | 99 Yrs Leasehold | 716 | 214 | 9 | $1,476 |
| RIVERFRONT RESIDENCES | 99 Yrs Leasehold | 1472 | 194 | 7 | $1,359 |
| PARC CANBERRA | 99 Yrs Leasehold | 496 | 140 | 5 | $1,125 |
| THE ESSENCE | 99 Yrs Leasehold | 84 | 49 | 3 | $1,394 |
| SENGKANG GRAND RESIDENCES | 99 Yrs Leasehold | 680 | 441 | 3 | $1,798 |
| KANDIS RESIDENCE | 99 Yrs Leasehold | 130 | 28 | 2 | $1,278 |
| THE JOVELL | 99 Yrs Leasehold | 428 | 310 | 2 | $1,280 |
| SEASIDE RESIDENCES | 99 Yrs Leasehold | 841 | 54 | 2 | $1,986 |
| BUKIT 828 | Freehold | 34 | 10 | 2 | $1,551 |
| BELGRAVIA GREEN | Freehold | 81 | 6 | 1 | $874 |
| CASA AL MARE | Freehold | 49 | 34 | 1 | $1,619 |
| CASHEW GREEN | 999 Yrs Leasehold | 19 | 12 | 1 | $2,066 |
| URBAN TREASURES | Freehold | 237 | 215 | 1 | $1,858 |
| PARC KOMO | Freehold | 276 | 161 | 1 | $1,441 |
| OLA | 99 Yrs Leasehold | 548 | 371 | 1 | $1,181 |
| DAIRY FARM RESIDENCES | 99 Yrs Leasehold | 460 | 422 | 1 | $1,355 |
| MONT BOTANIK RESIDENCE | Freehold | 108 | 49 | 0 | $1,721 |
| RESIDENCE TWENTY-TWO | Freehold | 22 | 19 | 0 | $1,632 |
| GRANDEUR PARK RESIDENCES | 99 Yrs Leasehold | 720 | 15 | 0 | $1,526 |
| NIM COLLECTION | 99 Yrs Leasehold | 98 | 7 | 0 | $1,777 |
| BURGHLEY DRIVE | Freehold | 5 | 4 | 0 | $2,008 |
| LE QUEST | 99 Yrs Leasehold | 516 | 43 | 0 | $1,399 |
| TEDGE | Freehold | 42 | 34 | 0 | $1,596 |
| 77 @ EAST COAST | Freehold | 41 | 38 | 0 | $1,731 |
| LATTICE ONE | Freehold | 48 | 19 | 0 | $1,843 |
| TWIN VEW | 99 Yrs Leasehold | 520 | 53 | 0 | $1,516 |
| MIDWOOD | 99 Yrs Leasehold | 564 | 536 | 0 | $1,626 |
* If no sales record for the month, the value will be based on the previous month.
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.
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.
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 of the condominium of your choice, you can always reach me at (+65) 6631-8384 or drop me note using the contact form below.
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