A new launch condo is a private residential project sold before construction is completed — similar to a “preview sale.” Units are bought based on floor plans, showflats, and developer specifications. Most new launches take 3 to 4 years to complete (TOP timeline varies by project).

New launches come from:

• Government Land Sales (GLS) — sites released by the government through public tender.

• En-bloc / Collective Sales — private land sold collectively by owners to a developer.

Future launches typically originate from:

• recently awarded GLS sites

• successful en-bloc sales

• plots listed under URA’s Reserve List

You may refer to the “Awarded Land Sales” for more information on the upcoming new condo launches.

Yes — but the rules differ by citizenship type:

• SC + SC: Allowed. ABSD may apply. Remission possible for married couples.

• PR + PR: Must dispose of HDB within 6 months of buying a private property.

• If your HDB is under MOP, you cannot buy private residential property yet.

Under MAS regulations, the standard downpayment is 25% (5% cash + 20% CPF/cash) for buyers taking a bank loan.
You also pay:

• Booking fee (5%)

• Buyer’s Stamp Duty

• ABSD (if applicable)

To get a clearer picture of your actual buying costs, try our suite of calculators — from BSD/ABSD to progressive payment — and estimate your numbers instantly.

You pay in stages as construction progresses — from foundation to key collection. This is one of the biggest reasons buyers choose new launches, because payments are spread over 3–4 years. Find out more here.

No, prices are set by the developer and are the same for all buyers. However, developers may offer:

• early-bird prices

• limited-time discounts

• absorption of legal fees or stamp duty (rare)

It depends on:

• entry price relative to land cost

• district growth potential

• upcoming infrastructure

• supply from nearby GLS sites

• rentability

New launches often appeal to buyers because they’re brand new, have modern layouts, and allow buyers to enter the market at an earlier stage.

Unsure if new condo launches are the best options for you? Speak to our consultant for a personalised, no-obligation assessment of your budget, timeline, and options across both new launches and resale homes.

Yes — foreigners may buy private condos (including new launches). Foreigner ABSD at 60% applies currently. Foreigners cannot buy landed homes without special approval.

Most projects complete within 36–48 months, depending on building scale and speed of construction.

• EC requires citizenship eligibility and income checks

• EC can receive CPF grants

• EC becomes fully privatized after 10 years

• Private condos have no eligibility restrictions

• ECs usually start at lower entry prices

• BSD & ABSD

• Legal fees

• Valuation fees (if needed)

• Property tax & maintenance fees after TOP

• Brand-new facilities

• Modern layouts

• Progressive payment scheme

• Lower renovation cost

• Early entry pricing opportunities