Top 5 recommended New Launch Condo for 2022 That You Should Look Out For
With several developer’s unit currently, a number of clients is asking what are my recommendation for new launch condo for 2023 that they should look out for and plan ahead.
I’ll be sharing with you the full list of all the new developments that are to be launch in 2023. Although there are 36 to be exact, I will remove those that does not follow my Property P.L.U.S System, and funnel them down to top 5 launches of 2023 that will give a good profit.
These are all the new condominium development that will be launching in 2023. In total there are 36 of them. Although 36 developments seem to be a huge number but a majority are boutique developments and also located in the city centre, where the total units are less than 250 and psf above $2,500.
Below are the 5 projects and 1 bonus which I will share that I believe you should be looking out for as they follow my Property P.L.U.S System. (Watch my video above to see the full list).
How do I qualify that a project is worth recommending? I use my formula and the factors I look out for are:
- Pricing
- Location
- Future Growth
- Saleability
- Rentability
The Arden (Most Value for Money)
Launching in March, The Arden is located near Phoenix LRT, 1 station away from Bukit Panjang MRT. With an average PSF of $1,600 per square foot, the price is 1 of the lowest when it comes to new projects. This is for people with budget limitation yet they want something that can grow in value in future.
Besides being near the train station, The Arden is also near two shopping mall; Bukit Panjang Plaza and Hillion Mall. Since Bukit Panjang MRT is along the downtown line, there will be a high demand for rental, suitable for tenants who want cheap rent, working in the CBD direct to their home.
The best and strongest feature will be the layout. All units comes with enclosed kitchen, which is a rare commodity and HUGE Masterbedroom, big enough to put in a study table.
Alternative Value for Money Property: The Botany @ Dairy Farm Road
2 Bedroom from $1,110,000
2+Study Bedroom from $1,317,000
3 Bedroom from $1,518,000
Be among the privileged
Register for a Exclusive Preview of the Showflat
Developed by one of the top 3 reputable builder in Singapore, this is one of the best (if not the best) launches for 2023. Located at Thiam Siew Avenue, this freehold development consist of 816 units. This location will be highly sought after by buyers as the condominium is a short walk to two MRT station, Paya Lebar and Dakota MRT station.
So why is this my top recommended new launch condo for 2023? Launching at $2,500 – $2,600 per square foot, this will be one of the lowest price in the Rest of Central Region (RCR) for a freehold development.
With a huge landsize, the development will sure to offer outstanding facilities and is surrounded by top schools within the 1km like Kong Hwa Pri, Haig Girls’ and Tanjong Katong Primary.
Click here for for more information like 3D virtual tour, floorplan, pricing etc
est PSF: $2,500 – $2,600 psf
Prices to be released later.
To be updated on launch April 2023.
Lentor Hill Residences
698 residential units with commercial space on the first floor, Lentor Hill Residences which will be the second plot of land will bring vibrancy to the location.
Developed by Guocoland, this developer is famous for two things; 1. transformation from a ‘ulu’ estate to a rich estate (such as Wallich Tower in Tanjong Pagar, Midtown Modern in Bugis, Sims Urban Oasis in Sims Drive & Martin Modern in River Valley) and developing high end quality condominiums.
Besides being next to the future MRT, do expect several malls to pop up in futur. Moreover having the ‘first mover advantage’ this development will set the benchmark resale pricing for future launches around here.
est PSF: $2,100 – $2,400 psf
Prices to be released later.
To be updated on launch Q2 2023.
Be among the privileged
Register for a Exclusive Preview of the Showflat
The Reserve Residences
Being a integrated development, Jalan Anak Bukit site will be a highly demand condominium project.
Not only will this 845 units development be on top a shopping mall and MRT station, this project will have the strongest growth potential for all the projects.
Not only will the cross-island MRT line be 1 stop away to Beautyworld Station, it has many empty plots of land for future residential developments giving it a first-mover advantage. Last but not least, the old shopping malls such as Beauty World Shopping Centre, Beauty World Centre and Bukit Timah Shopping Centre are all over 40 lease old and are strata titled. So I will not be surprise as the place get more vibrant, prices increase and REITS may want to Enbloc it for future better shopping malls. Overall, a very strong potential growth over the next twenty years.
est PSF: $2,300 – $2,400 psf
Prices to be released later.
To be updated on launch H2 2023.
Marina View (Best for Investment / Rental)
Located next to future Shenton Way MRT station, Marina View Residences is close to 3 MRT stations which spans across 4 MRT lines. Situated in the hear of Singapore in the CBD area, this development is mainly for investment, where renting out is a breeze.
A 905 units mixed development with commercial shopping space and integrated with a hotel, Marina View is very close in comparison with Marina One. Expect this development to be a luxury Condominium. Given that the price is around $2,500 psf in the CBD area, it seems undervalue, if you can afford the price tag!
Looking at the past demand of Marina One, units where quickly snapped up on launch especially the lower floor units. Hence not going too high is the key for the best rental yield which makes it my top investment recommended new launch condo for 2023.
Moreover, with several white sites in the south of Marina Bay, we do see tons of potential in the 20-30 years future.
est PSF: $2,500 – $2,800 psf
Prices to be released later.
To be updated on launch H2 2022.
Honorable Mention: Bukit Batok Ave 8 Site (EC)
A bonus!!! With 3 Executives Condo (EC) launching last year in 2022, in terms of growth potential, I give highly recommend Bukit Batok EC site.
Imagine buying Punggol 10-20 years ago and watch it grow! This will be my top recommended New Launch Condo EC for 2023.
This 496 new development will be develop by Qingjian who has been in the EC development market for over 20 years. Outstanding quality finishing with EC pricing. What more can you ask for?
Moreover, it is a 3 minute walk to Le Quest shopping Centre and few minutes walk to the train station. The absolute cheapest of all brand new properties out there.
est PSF: $1,300 psf
Prices to be released later.
To be updated on launch H2 2023.
For floorplans and info, click “here”
Be among the privileged
Register for a Exclusive Preview of the Showflat
In summary, what all these recommended new launch condo for 2022 developments have in common are
- Under value properties
- Near to MRT
- Strong growth future potential
- Near commercial zones which leads to strong rental yield
- Near good schools which spike the demand for resale
Do register to give me a call if you are keen to know more about each projects or visit the showflat.
Lastly, check out our testimonials what other clients have to say about us!