List of Unsold Condo Units in Singapore 2021

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.

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.

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!