List of Unsold Condo Units in Singapore 2021
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 2021 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 April 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 February 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 | Total Unsold Units |
Sales for Feb 21 | Average Price (PSF)* |
| ROYALGREEN | Freehold | 285 | 188 | 9 | $2,743 |
| FOURTH AVENUE RESIDENCES | 99 Yrs Leasehold | 476 | 245 | 7 | $2,334 |
| KOPAR AT NEWTON | 99 Yrs Leasehold | 378 | 199 | 7 | $2,367 |
| THE AVENIR | Freehold | 376 | 309 | 7 | $3,073 |
| FYVE DERBYSHIRE | Freehold | 71 | 22 | 3 | $2,324 |
| MARTIN MODERN | 99 Yrs From 28/09/2016 | 450 | 38 | 3 | $2,800 |
| PULLMAN RESIDENCES NEWTON | Freehold | 340 | 278 | 3 | $2,772 |
| LEEDON GREEN | Freehold | 638 | 536 | 2 | $2,645 |
| MIDTOWN BAY | 99 Yrs Leasehold | 219 | 157 | 2 | $3,069 |
| NEU AT NOVENA | Freehold | 87 | 15 | 2 | $2,650 |
| ONE HOLLAND VILLAGE RESIDENCES | 99 Yrs Leasehold | 296 | 163 | 2 | $2,569 |
| RV ALTITUDE | Freehold | 140 | 77 | 2 | $3,103 |
| THE HYDE | Freehold | 117 | 88 | 2 | $2,929 |
| THE M | 99 Yrs Leasehold | 522 | 109 | 2 | $3,004 |
| 15 HOLLAND HILL | Freehold | 59 | 52 | 1 | $3,002 |
| BOULEVARD 88 | Freehold | 154 | 47 | 1 | $3,735 |
| HAUS ON HANDY | 99 Yrs Leasehold | 188 | 149 | 1 | $2,867 |
| JERVOIS TREASURES | Freehold | 36 | 34 | 1 | $2,271 |
| WILSHIRE RESIDENCES | Freehold | 85 | 70 | 1 | $2,549 |
Unsold Condo Units in RCR
| Project Name | Tenure | Total No. of Units | Total Unsold Units |
Sales for Feb 21 | Average Price (PSF$)* |
| THE REEF AT KING’S DOCK | 99 Yrs | 429 | 107 | 102 | $2,226 |
| NORMANTON PARK | 99 Yrs | 1862 | 1175 | 61 | $1,800 |
| AMBER PARK | Freehold | 592 | 321 | 20 | $2,447 |
| FORETT AT BUKIT TIMAH | Freehold | 633 | 278 | 14 | $1,997 |
| JADESCAPE | 99 Yrs From 19/06/2018 | 1206 | 74 | 14 | $1,769 |
| PARK COLONIAL | 99 Yrs From 11/10/2017 | 805 | 29 | 13 | $1,929 |
| AVENUE SOUTH RESIDENCE | 99 Yrs Leasehold | 1074 | 427 | 11 | $2,141 |
| ONE PEARL BANK | 99 Yrs Leasehold | 774 | 372 | 10 | $2,358 |
| VIEW AT KISMIS | 99 Yrs Leasehold | 186 | 26 | 10 | $1,704 |
| RIVIERE | 99 Yrs Leasehold | 455 | 350 | 7 | $2,479 |
| NYON | Freehold | 92 | 59 | 6 | $2,198 |
| STIRLING RESIDENCES | 99 Yrs From 18/08/2017 | 1259 | 52 | 5 | $2,148 |
| UPTOWN @ FARRER | 99 Yrs Leasehold | 116 | 54 | 5 | $1,823 |
| DAINTREE RESIDENCE | 99 Yrs From 17/07/2017 | 327 | 15 | 4 | $1,733 |
| KENT RIDGE HILL RESIDENCES | 99 Yrs Leasehold | 548 | 121 | 4 | $1,557 |
| PENROSE | 99 Yrs Leasehold | 566 | 143 | 4 | $1,721 |
| THE ANTARES | 99 Yrs Leasehold | 265 | 189 | 4 | $1,838 |
| VERTICUS | Freehold | 162 | 121 | 4 | $2,124 |
| ARENA RESIDENCES | Freehold | 98 | 2 | 3 | $1,890 |
| COASTLINE RESIDENCES | Freehold | 144 | 74 | 3 | $2,378 |
| MAYFAIR MODERN | 99 Yrs Leasehold | 171 | 60 | 3 | $2,103 |
| PARC ESTA | 99 Yrs Leasehold | 1399 | 15 | 3 | $1,671 |
| MEYER MANSION | Freehold | 200 | 147 | 2 | $2,612 |
| MEYERHOUSE | Freehold | 56 | 44 | 2 | $2,570 |
| OLLOI | Freehold | 34 | 7 | 2 | $1,637 |
| REZI 24 | Freehold | 110 | 4 | 2 | $1,630 |
| THE WOODLEIGH RESIDENCES | 99 Yrs Leasehold | 667 | 258 | 2 | $2,116 |
| JUI RESIDENCES | Freehold | 117 | 9 | 1 | $1,926 |
| MARGARET VILLE (Fully Sold) | 99 Yrs | 309 | 0 | 1 | $1,937 |
| SKY EVERTON | Freehold | 262 | 40 | 1 | $2,634 |
| THE TRE VER (Fully Sold) | 99 Yrs From 27/03/2018 | 729 | 0 | 1 | $1,653 |
| VERDALE | 99 Yrs Leasehold | 258 | 193 | 1 | $1,849 |
Unsold Condo Units in OCR
| Project Name | Tenure | Total No. of Units | Total Unsold Units |
Sales for Feb 21 | Average Price (PSF$)* |
| PARC CENTRAL RESIDENCES | 99 Yrs Leasehold | 700 | 213 | 78 | $1,159 |
| TREASURE AT TAMPINES | 99 Yrs Leasehold | 2203 | 445 | 44 | $1,376 |
| MIDWOOD | 99 Yrs Leasehold | 564 | 440 | 25 | $1,641 |
| OLA | 99 Yrs Leasehold | 548 | 300 | 20 | $1,152 |
| KI RESIDENCES AT BROOKVALE | 999 Yrs From 01/07/1841 | 660 | 405 | 19 | $1,760 |
| THE JOVELL | 99 Yrs Leasehold | 428 | 208 | 18 | $1,252 |
| PARC CLEMATIS | 99 Yrs Leasehold | 1468 | 375 | 17 | $1,644 |
| RIVERFRONT RESIDENCES | 99 Yrs From 31/05/2018 | 1472 | 85 | 16 | $1,369 |
| THE FLORENCE RESIDENCES | 99 Yrs From 24/12/2018 | 1410 | 432 | 16 | $1,646 |
| WHISTLER GRAND | 99 Yrs Leasehold | 716 | 30 | 16 | $1,470 |
| AFFINITY AT SERANGOON | 99 Yrs From 18/05/2018 | 1052 | 162 | 13 | $1,489 |
| URBAN TREASURES | Freehold | 237 | 170 | 11 | $1,939 |
| SEASIDE RESIDENCES (Fully Sold) | 99 Yrs From 18/04/2016 | 841 | 0 | 10 | $2,040 |
| KANDIS RESIDENCE | 99 Yrs From 11/07/2016 | 130 | 2 | 8 | $1,205 |
| SENGKANG GRAND RESIDENCES | 99 Yrs Leasehold | 680 | 322 | 8 | $1,704 |
| DAIRY FARM RESIDENCES | 99 Yrs Leasehold | 460 | 394 | 7 | $1,593 |
| PIERMONT GRAND | 99 Yrs Leasehold | 820 | 102 | 7 | $1,188 |
| THE GARDEN RESIDENCES | 99 Yrs From 30/10/2017 | 613 | 9 | 7 | $1,626 |
| PARC CANBERRA | 99 Yrs Leasehold | 496 | 25 | 6 | $1,111 |
| TWIN VEW | 99 Yrs From 15/05/2017 | 520 | 10 | 6 | $1,503 |
| CLAVON | 99 Yrs Leasehold | 640 | 158 | 3 | $1,579 |
| PARC KOMO | Freehold | 276 | 135 | 3 | $1,690 |
| CASHEW GREEN | 999 Yrs Leasehold | 19 | 5 | 2 | $1,988 |
| INFINI AT EAST COAST | Freehold | 36 | 28 | 2 | $1,725 |
| MONT BOTANIK RESIDENCE | Freehold | 108 | 30 | 2 | $1,727 |
| RESIDENCE TWENTY-TWO | Freehold | 22 | 11 | 2 | $1,778 |
| THE ESSENCE | 99 Yrs Leasehold | 84 | 7 | 2 | $1,439 |
| BURGHLEY DRIVE | Freehold | 5 | 2 | 1 | $1,837 |
| [email protected] | Freehold | 14 | 13 | 1 | $1,406 |
| PARKWOOD COLLECTION | 99 Yrs Leasehold | 53 | 34 | 1 | $692 |
| TEDGE | Freehold | 42 | 24 | 1 | $1,719 |
| THE TAPESTRY (Fully Sold) | 99 Yrs From 31/07/2017 | 861 | 0 | 1 | $1,283 |
* 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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