At Least 2,000 New Private Homes to Come on Stream from Projects Set for Q3 Launch
Singapore’s property market is set for a significant boost as at least 2,000 new private homes are expected to launch in the third quarter of 2024. This surge in supply comes from a mix of highly anticipated projects across various districts, promising to meet the robust demand for residential properties.
Major Projects Leading the Launch
Key among the new launches is the Emerald of Katong in District 15, offering luxurious living in a prime location. Sim Lian Group, known for its quality developments, is behind this project. With the harmonized Gross Floor Area (GFA) definitions now in play, the project aims to deliver well-designed units that maximize space and comfort.
The list of projects earmarked for 2024 are:
| Project Name | Developer | Location | District | Tenure | Estimated Number of Units | Launch Month |
|---|---|---|---|---|---|---|
| Kassia | Hong Leong Holdings, CDL, and TID | Flora Drive | 17 | Freehold | 276 | Jul ’24 |
| Sora | SingHaiyi, CEL Development, and KSH Holdings | Yuan Ching Road | 22 | 99-year | 440 | Jul ’24 |
| Arina East Residences | ZACD Group | Tanjong Rhu Road | 15 | Freehold | 107 | Q3 ’24 |
| Bagnall Haus | Roxy Pacific Holdings | Upper East Coast Road | 15 | Freehold | 113 | Q3 ’24 |
| Bukit Timah Link | Bukit Sembawang | Bukit Timah Link | 11 | 99-year | 160 | Q3 ’24 |
| Meyer Blue | UOL and SingLand | Meyer Road | 15 | Freehold | 226 | Q3 ’24 |
| Emerald of Katong | Sim Lian | Jalan Tembusu | 15 | 99-year | 847 | Q3/Q4 ’24 |
| Pine Grove (Parcel B) | MCL Land and Sinarmas Land | Pine Grove | 21 | 99-year | 552 | Q3/Q4 ’24 |
| The Collective at One Sophia | Singhaiyi, CEL Development and KSH Holdings | Sophia Road | 9 | 99-year | 367 | Q4 ’24 |
| The Chuan Park | Kingsford Development and MCC Singapore | Lorong Chuan | 19 | 99-year | 916 | Q3/Q4 ’24 |
| The Green Collection | Garcha Group | Cove Drive | 4 | 99-year | 20 | Q3/Q4 ’24 |
| Union Square Residences | CDL | Keng Cheow Street | 1 | 99-year | 366 | Q4 ’24 |
| Aurea | Far East Organization, Perennial Holdings and Sino Land | Beach Road | 7 | 99-year | 186 | Q4 ’24 |
| Champions Way | CDL | Champions Way | 15 | 99-year | 248 | Q4 ’24 |
| Marina Gardens Lane | Kingsford-led Consortium | Marina Gardens Lane | 1 | 99-year | 790 | Q4 ’24 |
| Marina View Residences | IOI Properties | Marina View | 1 | 99-year | 683 | Q4 ’24 |
| Tampines Ave 11 | UOL, SingLand and CapitaLand | Tampines Ave 11 | 18 | 99-year | 1195 | Q4 ’24 |
