Your Dream Home May Be Around The Corner. Check Out The Potential New Launches In 1H 2024

PerspectivesDecember 06, 2023
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It is that time of the year where we start to consolidate what has been and contemplate what is to come. Looking back, it is fair to say that 2023 has been a pretty eventful year for the residential property market, chockful of policy announcements that will impact both the private and public housing segments. 

From tighter additional buyer’s stamp duty (ABSD) rates, to higher marginal buyer’s stamp duty rates for higher-value properties, to a swathe of changes to public housing policies, such as the stricter non-selection rule for build-to-order (BTO) flats, and the reclassification of flats from the second half of 2024, amongst others. For the uninitiated, it could be mind boggling.

In view of the April 2023 cooling measures, the various policy changes to mulled over, and sticky interest rates, some prospective buyers have decided to call a time-out to evaluate their options. For those who are still in the market for a new home or an investment property, 2024 will provide some exciting opportunities. Here are some potential new projects that could hit the market in the first half of 2024.

Some Possible New Launches* In 1H 2024

Project

Location

Region

Tenure

Estimated no. of units

The Arcady @ Boon Keng

Serangoon Road (former Euro Asia Apts)

RCR

Freehold

172

Hillhaven

Hillview Rise GLS

OCR

99 years

335

Marina View Residences

Marina View

CCR

99 years

683

Lentoria

Lentor Hills Road (Parcel B)

OCR

99 years

267

The Hill @ One North

Slim Barracks Rise (Parcel B)

RCR

99 years

142

Newport Residences

80 Anson Road

CCR

Freehold

246

Skywaters Residences

8 Shenton Way

CCR

99 years

215

The Hillshore

Pasir Panjang Road (former Gloria Mansion)

RCR

FH

59

Lumina Grand EC

Bukit Batok West Avenue 5 EC

OCR

99 years

495

TBA

Jalan Tembusu

RCR

99 years

840

Sora

9A Yuan Ching Road

OCR

99 years

440

Kassia

Flora Drive

OCR

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