Introduction
The new condo launch market in Singapore has remained one of the most closely watched segments in August 2025. With strong buyer demand from upgraders, first-time homeowners, and investors, this month has introduced several highly anticipated projects. Here’s a date-wise breakdown of the latest launches, pricing insights, and buyer responses.
August 3, 2025 – Verdancia @ West Coast Launches
- A major suburban development, Verdancia @ West Coast, opened for booking in early August.
- Featuring 1,200 residential units, the project highlights eco-friendly architecture and family-friendly amenities.
- Average price: $1,650 psf, making it affordable for upgraders and young couples.
August 5, 2025 – Park Central Residences Draws Interest
- Located in city-fringe areas, Park Central Residences launched with 600 units.
- Offering proximity to MRT lines, shopping malls, and top schools, the project received strong demand.
- 4-room and 5-room units were 90% sold within the first weekend.
Market Insight: City-fringe condos are increasingly popular among families and professionals seeking balance between central convenience and affordability.
August 7, 2025 – Skyline Residences @ Queenstown Launch
- One of the most anticipated launches, Skyline Residences, opened with luxury apartments starting at $2,400 psf.
- Queenstown’s transformation into a lifestyle hub has boosted demand.
- Foreign buyers also showed keen interest, despite higher ABSD rates.
Market Insight: Luxury condos in well-established neighborhoods continue to attract both local and overseas high-net-worth individuals.
August 10, 2025 – Executive Condos (EC) Launch – Otto Place EC
- Otto Place EC, located in Punggol, entered the market with 800 units.
- Average pricing: $1,450 psf, about 20% lower than nearby private condos.
- ECs remain highly attractive to Singaporean families eligible for grants.
Market Insight: Executive Condos offer a unique entry point for middle-income families, combining affordability with private housing features.
August 13, 2025 – Buyer Trends Emerging
- Projects near MRT hubs and schools continue to dominate demand.
- 1- and 2-bedroom units sell out faster among investors.
- Family-sized units (3- and 4-bedrooms) remain the most subscribed in suburban launches.
Market Insight: Location and connectivity remain the biggest drivers of condo demand, while investors prefer compact units for rental yields.
August 15, 2025 – Pricing Insights Across New Launches
- Suburban condos: $1,600 – $1,800 psf
- City-fringe condos: $2,000 – $2,200 psf
- Prime district condos: $2,400 – $3,000 psf
Market Insight: Price gaps between ECs, suburban, and luxury projects give buyers multiple entry points depending on budget and goals.
August 20, 2025 – Government Policies Affecting Launches
- ABSD (Additional Buyer’s Stamp Duty) continues to impact foreign demand.
- Local upgraders and families remain the main driver of sales.
- GLS (Government Land Sales) pipeline will introduce new sites for development in Hougang, Lentor, and Thomson.
Market Insight: Policy measures keep the market sustainable while ensuring steady housing supply.
August 23, 2025 – Investor & Buyer Sentiment
- Investors are showing renewed confidence in condos, especially in city-fringe and luxury segments.
- Rental demand is strong, with average condo rents rising 2% in Q2 2025.
- Developers report that August launches were at least 70% sold on average within the first month.
Market Insight: Despite cooling measures, healthy absorption rates reflect strong underlying demand for quality projects.
August 25, 2025 – Market Outlook for New Launches
- New launches in Q4 2025 are expected in Lentor Gardens, Hougang Central, and Upper Thomson.
- Analysts expect suburban projects to maintain strong demand due to affordability.
- Luxury condos may see steady price growth of 2–4% by year-end.
Conclusion
The new condo launch market in Singapore – August 2025 has been marked by strong demand, diverse projects, and resilient buyer confidence. From affordable Executive Condos like Otto Place EC to luxury launches like Skyline Residences, buyers had a wide variety of choices this month.
For first-time buyers, ECs remain the best entry option. For families, suburban condos like Verdancia @ West Coast provide affordability and space. For investors, luxury and compact units in prime areas continue to yield solid returns.