Attractive Slate Of New Launches Lined Up In 1H 2025

Wong Siew Ying

Head of Research and Content

New home sales have been patchy in 2024, with a handful of projects clocking brisk sales while others were less sought-after by buyers and investors. In fact, 2024 looks on track to booking one of the slowest developers' sales in more than a decade.

Based on figures from the Urban Redevelopment Authority (URA), developers sold 3,049 new homes (ex. EC) in the first nine months of 2024 - down by nearly 43% from 5,329 units sold in the same period in 2023.

The fewer new projects coming on and the limited selection - as several launches are boutique developments - likely crimped choices for prospective buyers and investors. Many homebuyers have dipped into existing launches for buying opportunities in 2024.

All that is set to change and developers' sales may be turbocharged in 2025.

The market is set to welcome an attractive slate of new launches, with nearly 20 projects (see Table 1) expected to come on in the first half of 2025 (1H 2025). They include mixed developments in eye-catching locations, highly-anticipated city-fringe projects, and a clutch of exciting projects in the Core Central Region (CCR) - which raises the question, will the CCR roar back to life in 2025?

Table 1: Estimated new project launch pipeline in 1H 2025

S/N	Upcoming project	Location	Region	Tenure	No. of Units
1	The Orie	Lorong 1 Toa Payoh	RCR	99	777
2	Bagnall Haus (former Bagnall Court)	Upper East Coast Road	OCR	FH	113
3	Aurelle of Tampines (EC)	Tampines Street 62	OCR	99	760
4	Marina Gardens Lane	Marina Gardens Lane	RCR	99	937
5	W Residences Singapore- Marina View	Marina View	CCR	99	683
6	Aurea	Beach Road	CCR	99	188
7	Arina East Residences	Tanjong Rhu Road	RCR	FH	107
8	Lentor Central Residences	Lentor Central	OCR	99	477
9	ELTA	Clementi Avenue 1	OCR	99	501
10	Former Anson Centre	Anson Road	CCR	99	87
11	132 Sophia Road	Sophia Road	CCR	103	45
12	Bukit Timah and Duke's Road	Bukit Timah Road/ Duke's Road	CCR	FH	40
13	Former Robertson Walk	Unity Street	CCR	99	414
14	Media Circle GLS	Media Circle	RCR	99	355
15	Orchard Boulevard GLS	Orchard Boulevard	CCR	99	280
16	Plantation Close (EC) (2)	Plantation Close	OCR	99	560
17	Keppel Bay Plot 6	Keppel Bay	RCR	99	86
18	Parktown Residence	Tampines Avenue 11	OCR	99	1,193
19	Newport Residences	Anson Road	CCR	FH	246

Source: PropNex Research, PropNex International (as at 28 November 2024), subject to change without prior notice

Here's a list of some highlighted projects (with more than 300 units in development) based on certain key locational or project attributes.

In this list:

Executive Condominiums (EC)

First-timer homebuyers and HDB upgraders who are seeking a more accessible entry to the private residential market can look to two upcoming executive condo projects which may be launched in 1H 2025. One of them being the 760-unit