The private property market has been hot in 2021, with property prices seeing a sharp increase of 9%. This has led to the Government introducing new cooling measures on 16 December 2021 to slow down the pace of growth and it remains to be seen how it will affect prices in 2022.
There have been 34 new launches in 2021 and we list the top 10 best-selling condominiums. Based on our list, condominiums in the Rest of Central Region (RCR) have been favoured by homebuyers compared to Central Core Region (CCR) and Outside Core Region (OCR).
*The figures are extracted from Edgeprop and developers’ websites and are accurate as of 29 December 2021.
#1 One-North Eden – A Luxury Development In The One-North Region
|Developer:||One North Development Pte Ltd, a joint development by Hong Leong Holdings and Mitsui Fudosan|
|District / Planning Area:||D5 /Queenstown|
|Tenure:||99 Years From 2019|
|Number of Units:||165|
|Take Up Rate:||98.8%|
|Est TOP:||September 2025|
One-North Eden is a 99-year leasehold, mixed-use, luxury development located along Barracks Rise in District 5. It consists of two 13-and 15-storey blocks, housing 165-units and 6 commercial units.
One-North Eden is situated beside One-North Residences and in the middle of the One-North region. Residents can look to benefit from the development of the Greater Southern Waterfront region, whilst investors can expect a strong pool of white-collar tenants from employment nodes around the area.
The project was launched for sales in April 2021 and has sold 98.8% or 163-units. The unit sizes range from 517-sqft for a 1-bedroom plus study to 1,410-sqft for a 4-bedroom premium. According to the developer’s website, the remaining two units are the 4-bedroom types.
The land was acquired by the Developer for $1,001 per square foot per plot ratio (PSF PPR) and was sold at an average selling price of $1,989 psf. The highest psf was recorded at $2,257 for a 517-sqft unit and the lowest psf was recorded at $1,779 psf for a 1399-sqft unit.
#2 The Reef at King’s Dock – A Luxury Development With Seafront living
|Developer:||Habourfront Three Pte Ltd, a joint development by Mapletree Investments and Keppel Land|
|District / Planning Area:||D4 /Bukit Merah|
|Tenure:||99 Years From 2021|
|Number of Units:||429|
|Take Up Rate:||91%|
|Est TOP:||December 2025|
The Reef at King’s Dock is a 99-year leasehold luxury on Habourfront Avenue in district 4. It consists of 10 two-to ten-storey blocks housing 429 units.
The Reef at King’s Dock sits in the Greater Southern Waterfront development region and is beside the Corals at Keppel Bay and opposite Seah Im Food Centre. Furthermore, its close proximity to the North-East Line (NEL), Habourfront MRT station and VivoCity Mall makes it an attractive development for potential residents and investors alike.
The project was launched for sales in Jan 2021 and has sold over 91% or 390-units. The unit sizes range from 484 sqft for a 1-bedroom to 1,572 sqft for a 3-bedroom Villa. According to the developer’s website, the 1-bedroom variations and the 2-bedroom units are fully sold. The bulk of the units that remain, are of the 3-bedroom variations. The average psf for the project is around $2,312. The highest psf was recorded at $2,831 for a 689-sqft unit and the lowest psf was recorded at $1,995 psf for a 1,163-sqft unit.
#3 Pasir Ris 8 – The Latest Integrated Development In The East
|Developer:||Phoenix Residential Pte Ltd, a joint development by Allgreen Properties and Kerry Properties|
|District / Planning Area:||D18 /Pasir Ris|
|Number of Units:||487|
|Take Up Rate:||88%|
|Est TOP:||June 2026|
Pasir Ris 8 is a 99-year leasehold integrated development that links to the Pasir Ris MRT station, which is part of the East-West Line (EWL). It consists of seven 10/11-storey blocks housing 487 units.
Just like the Bedok Residence and Mall, Pasir Ris 8 also integrates with a bus interchange and a mall. It will also contain a HDB town plaza, a childcare centre and a polyclinic amongst other amenities and facilities. Furthermore, it will be the gateway to the Eastern Gateway Masterplan as it links to the EWL and the upcoming Cross Island Line (CRL).
The project was launched for sales in July 2021 and has sold over 88% or 429-units. The unit sizes ranges from 517 sqft for a 1-bedroom flexi to 1,550 sqft for a 4-bedroom suite plus Guest. The average selling price is around $1,619 psf. The highest psf was recorded at $2,092 for a 710-sqft unit and the lowest psf was recorded at $1,411 psf for a 1,302-sqft unit. According to the developer’s website, the 1-bedroom variations and 4-bedroom suite plus Guest-types are sold out. The bulk of the remaining units are the 3-bedroom variations.
#4 Canninghill Piers – Tallest Residential Development Along Singapore River
|Developer:||City Development Limited and CapitaLand Development|
|District / Planning Area:||D6/ Singapore River|
|Number of Units:||696|
|Take Up Rate:||82%|
Canninghill Piers is a luxury integrated, 99-year leasehold development at the heart of Clarke Quay in district 6. It consists of two 24-and 48-storey blocks and a total of 696 units.
Canninghill Piers is marketed as the only residential development with a hill and river dual-frontage in the Central Area. It offers views of Fort Canning Hill, the Singapore River, the Central Business District and Marina Bay. The development integrates with the Fort Canning MRT, which is along the Downtown Line (DTL) and the upcoming Canninghill Square mall.
Though the sales for Canninghill Piers began in November 2021, it has sold 571 units or 82%. The unit sizes range from 409 sqft for a 1-bedroom unit to 2,788 sqft for a 5-bedroom premium. For the ultra-high network investors, there is also an option to purchase four of the available sky suites and a super penthouse, though the latter has been sold for $48 million.
Based on the developer’s website, there is a good mix of 2-bedroom to 5-bedroom premium-unit variations still available. The average selling price is around $2,937 psf. The highest psf was recorded at $5,360 for the 8,956-sqft unit super penthouse and the lowest psf was recorded at $2,541 psf for a 1,259-sqft unit.
#5 Jervois Mansion – A Unique Colonial Bungalows-inspired Apartment
|Developer:||Kimen Realty Pte Ltd|
|District / Planning Area:||D10/Tanglin|
|Number of Units:||130|
|Take Up Rate:||80.8%*/ (100% taken up)|
|Est TOP:||December 2026|
*Taken up by Private Investors
Jervois Mansion is a freehold condominium project developed within the River Valley area in district 10. It is next to One Jervois and within walking distance to Valley Point shopping mall. The development is made up of six 5-storey blocks, totalling 130 units.
The rooftops of the six blocks will be connected by bridges and one block will feature a community urban farm and garden, while another block will have a “Regenerative Woods” a nature plot left untouched to flourish naturally. The rooftops will also house solar panels to power 30% of the common facilities.
The developer has retained 25 units of Jervois Mansion as part of its long-term capital investment, giving homebuyers confidence in the project. Due to its attractive pricing, around 104-units were sold within the launch weekend of October 2021 and it is now fully sold out.
The unit sizes for the project range from 495 sqft for a 1-bedroom to 1,808 sqft for a 5-bedroom dual key-unit. The average psf is around $2,576. The highest psf was recorded at $2,916 for a 1,539-sqft unit and the lowest psf was recorded at $2171 for a 753-sqft unit.
#6 The Watergardens at Canberra – A Thematic Living in The North
|Developer:||United Venture Development (2020) Pte Ltd|
|District / Planning Area:||D27/Sembawang|
|Tenure:||99 years from 2020|
|Number of Units:||448|
|Take Up Rate:||80%|
|Est TOP:||June 2026|
The Watergardens at Canberra is a 99-year leasehold development along Canberra Drive in district 27. It is next to The Commodore, another new condominium development. It is a low-rise development, comprising of 16 five-storey blocks housing 448 units.
The development sits in a mature town and is surrounded by amenities such as Sembawang Shopping Centre and the integrated community hub, Bukti Canberra. It is also within walking distance to Canberra MRT station, which sits on the North-South Line (NSL). The development is uniquely designed with three-thematic landscape zones – The Waters, The Gardens and The Social.
The development was launched for sales in August 2021 and has sold 73% or 358 units. Based on the developer’s website, the bulk of the remaining 90 units are the 3-and 4-bedroom unit variations.
The unit sizes range from 646 sqft for a 2-bedroom unit to 1,302 sqft for a 4-bedroom premium unit. The average selling price is around $1,457 psf. The highest psf was recorded at $1,579 for a 2-bedroom 678 sqft unit and the lowest psf was recorded at $1,232 for a 3-bedroom 1,163 sqft unit.
#7 Normanton Park – A Mega Development Next To The Greater Southern Waterfront Region
|Developer:||Kingsford Huray Development|
|District / Planning Area:||D5 / Queenstown|
|Tenure:||99 years from 2019|
|Number of Units:||1862|
|Take Up Rate:||77%|
|Est TOP:||December 2023|
Normanton Park is a luxury 99-year leasehold development in the One-North area of district 5 and offers direct access to Kent Ridge Park. The development consists of nine 24-storey blocks, totalling around 1,840 high-rise apartments. It also consists of 22 strata terraced houses and eight commercial units.
Normanton Park is at the edge of the Science Park, which is home to many MNCs and is right beside Kent Ridge Park. The development can be seen as an attractive investment for rental and for own-stay due to the many employment nodes (such as the One-North Business Park) and various amenities nearby including coveted educational institutions.
A sticking point for some investors could be its past history, when the Urban Redevelopment Authority (URA) infamously issued a no-sale license to the developer, Kingsford Huray in January 2019. However, the condition was lifted in November 2020 and one of the requirements is that the developer needs to complete the Quality Mark assessment, for all the units in the development. This additional requirement can be construed as an extra assurance of the quality of the workmanship.
The project was launched in January 2021 and has sold around 77% of its total stock of units. The unit sizes range from 484 sqft for a 1-bedroom unit to 1,615 sqft for a 5-bedroom unit.
Based on the developer’s website, there are still 431 units available with a good mix of 1-bedroom to 4-bedroom-units, including two strata terrace units. The units were sold at an average price of $1,750 psf during the launch weekend but that has now risen to around $1,828 psf.
#8 The Commodore – An Exclusive and Affordable Development in the North
|Developer:||Oasis Development Pte LTd, a joint development by JBE (Canberra) Pte Ltd and Keong Hong Holdings Limited|
|District / Planning Area:||D27 / Sembawang|
|Tenure:||99 years from 2020|
|Number of Units:||219|
|Take Up Rate:||74%|
|Est TOP:||December 2024|
The Commodore is a low-rise 99-year leasehold development along Canberra Drive in district 27. The development consists of six 5-storey blocks totalling around 219 units.
The development is pitched as the most affordable private housing launch that is within a short walking distance of an MRT station. It is around 200m away from the Canberra MRT station. The development is sited within a mature town; therefore, residents have access to plenty of amenities within a short distance.
The Commodore was launched in November 2021 and saw strong sales in its launch weekend. It has since sold around 74% or 163 units. Based on the developer’s website, the 1-bedroom and 2-bedroom-unit variations are sold out, with the remaining bulk of available units made up of 4-bedroom-unit variations.
The unit sizes range from 463 sqft for a 1-bedroom to 1,679 sqft for a 5-bedroom unit. The average selling price is around $1,510 psf. The highest psf was recorded at $1,670 for a 463 sqft unit and the lowest psf was recorded at $1,289 for a 1,647 sqft unit.
#9 Irwell Hill Residences – An Iconic Twin Tower in District 9
|Developer:||CDL Perseus Pte Ltd|
|District / Planning Area:||D9 /River Valley|
|Tenure:||99 Years from 2020|
|Number of Units:||540|
|Take Up Rate:||71%|
Irwell Hill Residence is a luxurious 99-year leasehold development along Irwell Bank Road in district 9. It comprises two 36-storey twin blocks and 540 residential units.
The twin blocks feature a modern façade that is set against a backdrop of lush landscape with four heritage raintrees conserved and integrated into the condo’s landscape. Furthermore, 75% of the development is filled with lush greenery. The development is also within walking distance to the Great World City shopping centre and the upcoming Great World MRT station which is along the Thomson-East Coast Line (TEL).
The development was launched for sales in April 2021 and sold half of the project within the launch weekend. Based on the developer’s website, there are around 159 units available for selection, which translates to a take-up rate of 71%.
The unit sizes range from 398 sqft for a studio unit to 1,582 sqft for a 4-bedroom premium unit. There are also 3 sky penthouse units ranging from 2,185 to 2,605 sqft. The average selling price is around $2,663 psf. The highest psf was recorded at $4,123 for a 4-bedroom 2185 sqft unit and the lowest psf was recorded at $2,460 for a 2-bedroom 678 sqft unit.
#10 Midtown Modern – City Living In Nature Concept
|Developer:||Jointly developed by GuocoLand, Hong Leong Holdings and Hong Realty|
|District / Planning Area:||D7 / Downtown Core|
|Tenure:||99 Years from 2019|
|Number of Units:||558|
|Take Up Rate:||72%|
|Est TOP:||3rd Qtr of 2025|
Midtown Modern is a mixed-use, 99-year leasehold development in the heart of Bugis in district 7. It is a twin 30-storey block development consisting of 558 units.
Midtown Modern is targeted more towards an owner-occupier buyer profile and is promoted as the only CBD condominium with full facilities that include a tennis court and a 50-metre-long pool. It is located directly above the Bugis MRT interchange station giving direct access to both the East-West and Downtown lines.
The development was launched for sales in March 2021 and sold 60% of the project within the launch weekend. Based on the developer’s website, there are around 156-units available for selection, which translates to a take-up rate of 72%.
The unit sizes range from 409 sqft for a 1-bedroom unit to 1,808 sqft for a 4-bedroom premium unit. The average selling price is around $2,766 psf. The highest psf was recorded at $4,213 for a 3,520 sqft unit and the lowest psf was recorded at $2,299 for a 1,066 sqft unit.
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