List of Unsold Condo Units in Singapore 2021

To date, a projected number of 47,715 unsold condo units in Singapore till 2025

46,584

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 47,715 by the end of Q3 2021.

In Q2 2021, the number was 47,097 – which means only another 618 uncompleted homes have been added onto 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 Q3 2021, the number of unsold condo units tallies up to only 18,721  – which is down from the 21,055 units recorded in the previous quarter.

In short, 2,334 units were cleared within a span of 3 months.

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.

Total Number of Unsold Condo Units in Singapore till 2025
Total Number of Unsold Condo Units in Singapore till 2025
Expected Year of
Completion
Private Residential
Units
Executive
Condominiums
Total
Units
4Q2021 2,123 2,123
2022 11,449 11,449
2023 17,184 2,564 19,748
2024 11,443 909 12,352
2025 5,133 1,245 6,378
>2025 383 383
Total 47,715 4,718 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.

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.

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 housing supply runs low again).

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’ existing stock of unsold condo units in Singapore.

The list of unsold condo units in Singapore 

With an impending surge of private homes in Singapore before 2023, I’ve prepared a list of unsold condo units in Singapore for 2021 and it will be updated monthly.

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

Instead of looking at the full list of unsold condo units in Singapore (updated on December 2021), 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 November 2021. 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 Sales for Nov 21 Total Unsold
Units
Average Price (PSF)*
CANNINGHILL PIERS 99 Yrs Leasehold 696 576 120 $2,887
THE AVENIR Freehold 376 36 186 $3,256
LEEDON GREEN Freehold 638 24 345 $2,753
ROYALGREEN Freehold 285 19 111 $2,750
FOURTH AVENUE RESIDENCES 99 Yrs Leasehold 476 15 97 $2,463
IRWELL HILL RESIDENCES 99 Yrs Leasehold 540 12 135 $2,825
KOPAR AT NEWTON 99 Yrs Leasehold 378 11 151 $2,374
ONE HOLLAND VILLAGE RESIDENCES 99 Yrs Leasehold 296 5 143 $2,714
THE IVERIA Freehold 51 5 22 $2,617
15 HOLLAND HILL Freehold 57 4 27 $3,079
HAUS ON HANDY 99 Yrs Leasehold 188 4 140 $2,672
HYLL ON HOLLAND Freehold 319 4 209 $2,562
JUNIPER HILL Freehold 115 4 81 $2,751
PULLMAN RESIDENCES NEWTON Freehold 340 4 235 $2,889
THE ATELIER Freehold 120 4 113 $2,662
WILSHIRE RESIDENCES Freehold 85 4 47 $2,533
MIDTOWN BAY 99 Yrs Leasehold 219 3 146 $2,742
PEAK RESIDENCE Freehold 90 3 80 $2,546
THE M 99 Yrs Leasehold 522 3 56 $2,718
MIDTOWN MODERN 99 Yrs Leasehold 558 2 156 $2,821
PARK NOVA Freehold 54 2 22 $4,827
PETIT JERVOIS Freehold 55 2 43 $2,863
VAN HOLLAND Freehold 69 2 47 $3,011
BOULEVARD 88 Freehold 154 1 28 $4,002
JERVOIS MANSION Freehold 130 1 29 $2,847
KLIMT CAIRNHILL Freehold 138 1 136 $5,309
ONE DRAYCOTT Freehold 64 1 58 $3,090
SLOANE RESIDENCES Freehold 52 1 34 $2,919
THE HYDE Freehold 117 1 71 $2,731

Unsold Condo Units in RCR

Project Name Tenure Total No. of Units Sales for Nov 21 Total Unsold
Units
Average Price (PSF)*
NORMANTON PARK 99 Yrs Leasehold 1862 105 437 $1,835
THE WOODLEIGH RESIDENCES 99 Yrs Leasehold 667 46 98 $2,150
AVENUE SOUTH RESIDENCE 99 Yrs Leasehold 1074 25 176 $2,277
ONE PEARL BANK 99 Yrs Leasehold 774 18 261 $2,603
VERDALE 99 Yrs Leasehold 258 17 82 $1,794
RIVIERE 99 Yrs Leasehold 455 14 259 $2,791
THE ANTARES 99 Yrs Leasehold 265 11 3 $1,890
FORETT AT BUKIT TIMAH Freehold 633 10 126 $2,108
PENROSE 99 Yrs Leasehold 566 10 48 $1,706
AMBER PARK Freehold 592 7 93 $2,478
KENT RIDGE HILL RESIDENCES 99 Yrs Leasehold 548 7 50 $1,590
NYON Freehold 92 7 13 $2,376
VERTICUS Freehold 162 7 85 $1,955
COASTLINE RESIDENCES Freehold 144 5 8 $2,736
MAYFAIR MODERN 99 Yrs Leasehold 171 5 33 $2,106
MEYER MANSION Freehold 200 5 118 $2,670
MAYFAIR GARDENS 99 Yrs Leasehold 215 4 19 $2,027
MEYERHOUSE Freehold 56 4 24 $2,666
MYRA Freehold 85 4 55 $2,136
ONE MEYER Freehold 66 3 16 $2,626
ONE-NORTH EDEN 99 Yrs Leasehold 165 3 3 $1,976
SKY EVERTON Freehold 262 3 17 $2,819
THE REEF AT KING’S DOCK 99 Yrs Leasehold 429 2 49 $2,486
BARTLEY VUE 99 Yrs Leasehold 115 1 86 $1,898
LA MARIPOSA Freehold 17 1 9 $1,774
NOMA (Fully Sold) Freehold 50 1 0 $1,478
PARC ESTA 99 Yrs Leasehold 1399 1 1 $2,004
THE CARRARA Freehold 6 1 5 $3,002
UPTOWN @ FARRER 99 Yrs Leasehold 116 1 5 $1,967

Unsold Condo Units in OCR

Project Name Tenure Total No. of Units Sales for Nov 21 Total Unsold
Units
Average Price (PSF)*
THE COMMODORE 99 Yrs Leasehold 219 164 55 $1,513
DAIRY FARM RESIDENCES 99 Yrs Leasehold 460 56 116 $1,661
SENGKANG GRAND RESIDENCES 99 Yrs Leasehold 680 28 56 $1,733
THE FLORENCE RESIDENCES 99 Yrs From 24/12/2018 1410 25 173 $1,707
PARC GREENWICH 99 Yrs Leasehold 496 24 73 $1,280
TREASURE AT TAMPINES 99 Yrs Leasehold 2203 22 31 $1,450
THE WATERGARDENS AT CANBERRA 99 Yrs Leasehold 448 21 123 $1,465
PARC CLEMATIS 99 Yrs Leasehold 1468 19 82 $1,766
PROVENCE RESIDENCE 99 Yrs Leasehold 413 19 72 $1,237
MIDWOOD 99 Yrs Leasehold 564 18 90 $1,719
KI RESIDENCES AT BROOKVALE 999 Yrs From 01/07/1841 660 16 143 $1,896
PARC KOMO Freehold 276 14 43 $1,615
CLAVON 99 Yrs Leasehold 640 11 34 $1,599
PARC CENTRAL RESIDENCES 99 Yrs Leasehold 700 10 10 $1,245
OLA 99 Yrs Leasehold 548 8 22 $1,170
INFINI AT EAST COAST Freehold 36 7 10 $1,911
THE JOVELL 99 Yrs Leasehold 428 7 26 $1,474
PHOENIX RESIDENCES 99 Yrs Leasehold 74 6 53 $1,499
THE GAZANIA Freehold 250 6 201 $2,035
AFFINITY AT SERANGOON 99 Yrs From 18/05/2018 1052 5 47 $1,527
THE LILIUM Freehold 80 5 61 $2,084
RIVERFRONT RESIDENCES 99 Yrs From 31/05/2018 1472 4 18 $1,391
RYMDEN 77 Freehold 31 4 26 $1,747
LATTICE ONE Freehold 48 3 4 $1,918
MONT BOTANIK RESIDENCE Freehold 108 3 5 $1,791
TEDGE Freehold 42 3 4 $1,617
URBAN TREASURES Freehold 237 3 109 $2,018
CASA AL MARE Freehold 49 2 3 $1,610
[email protected] (Fully Sold) Freehold 14 2 0 $1,636
PASIR RIS 8 99 Yrs Leasehold 487 2 59 $1,860
PIERMONT GRAND (Fully Sold) 99 yrs from 04/06/2018 820 2 0 $1,194
77 @ EAST COAST Freehold 41 1 16 $1,673
PARKWOOD COLLECTION 99 Yrs Leasehold 53 1 26 $770
RESIDENCE TWENTY-TWO Freehold 22 1 3 $1,854

*  If no sales record for the month, the project will not be listed.

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 20 months 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.

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 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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