If you’re looking to buy property in 2025 but feel priced out by the rising market, you’re not alone.
With average new condo prices now exceeding $2,000 psf in many districts, many buyers are searching for the cheapest new launch condo in Singapore — homes that balance affordability, location, and investment potential.

In this comprehensive guide, we break down:

• Which projects offer the lowest psf entry prices in 2025
  
• Where to find affordable new condos across Singapore
  
• And how to spot high-value launches that deliver strong returns
  

Whether you’re a first-time buyer or investor, this guide will help you identify where the best value truly lies in Singapore’s competitive property market.

What Is a “New Launch Condo” in Singapore?

A new launch condo refers to a condominium project that’s either:

• In its preview / early sales phase (units not yet completed), or
  
• Recently launched by a developer for sale (typically within 12–24 months).
  

Buyers often prefer new launches because:

• They get access to early-bird pricing (lowest psf rates before full launch).
  
• Units come with brand-new fittings, longer defect warranties, and modern amenities.
  
• Progressive payment schemes make it easier to manage cash flow compared to resale properties.
  

💡 Pro Tip: Developers usually price the first 10–20% of their units lower to drive demand. Getting in early often means saving $50K–$100K.

Singapore Condo Market Overview (2025)

Despite higher interest rates in early 2025, property demand in Singapore remains resilient. According to URA Q3 2025 data:

Region	Average New Launch Price (psf)	Typical 2BR Quantum
Core Central Region (CCR)	$2,500–$3,100 psf	$2.2M–$3.0M
Rest of Central Region (RCR)	$2,000–$2,300 psf	$1.7M–$2.0M
Outside Central Region (OCR)	$1,550–$1,750 psf	$1.3M–$1.5M

The Outside Central Region (OCR) continues to dominate demand from HDB upgraders and young families, driving most affordable new condo sales.

Top 5 Cheapest New Launch Condos in Singapore (2025)

Here’s a look at the most affordable new condo launches this year — combining strong locations, developer credibility, and low psf entry prices.

Project Name	Location (District)	Average Price (psf)	Starting Price (2BR)	Developer
The Hill @ Bukit Batok	D23 (OCR)	$1,550 psf	From $1.2M	Qingjian Realty
Lentor Hills Residences	D26 (OCR/RCR Fringe)	$1,650 psf	From $1.35M	GuocoLand
The Shorefront @ Pasir Ris	D18 (OCR East)	$1,600 psf	From $1.25M	TID Pte Ltd
Plantation Close EC (Upcoming)	D24 (Tengah)	$1,480 psf (est.)	From $1.25M	CDL
Tenet EC (Final Phase)	D18 (Tampines North)	$1,450 psf	From $1.3M	Sim Lian Group

💬 These projects sit below Singapore’s average OCR benchmark of ~$1,700 psf — making them 2025’s best-value new homes.

Cheapest Regions to Buy a New Launch Condo

While project prices vary, affordability in Singapore’s condo market follows a clear regional trend.

1️⃣ Outside Central Region (OCR): Best Value Zone

• Districts: Bukit Batok, Sembawang, Tampines, Woodlands, Tengah
  
• OCR projects are 15–25% cheaper than RCR equivalents.
  
• Attracts HDB upgraders, offering suburban convenience with strong connectivity (MRT + expressways).
  
• New townships like Tengah and Lentor are top 2025 hotspots.
  

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2️⃣ Rest of Central Region (RCR): Mid-Tier Affordability

• Districts: Queenstown, Paya Lebar, Toa Payoh
  
• Offers more central access, at mid-range pricing ($2,000–$2,200 psf).
  
• Ideal for buyers balancing convenience and price stability.
  
• 2025 standouts: The Continuum, Tembusu Grand, Meyer Blue (from $2,000 psf).
  

3️⃣ East Coast & Northeastern Areas

• Districts 15–18 (Pasir Ris, Bedok, Serangoon).
  
• Known for lifestyle appeal + beachside living at lower cost than central areas.
  
• Pasir Ris 8 and The Shorefront remain highly sought after.
  

💡 Tip: If you value accessibility, OCR East (Pasir Ris/Tampines) often offers better MRT access than western counterparts.

Average Condo Prices by Type (2025 Snapshot)

Type of Property	Average Price (psf)	Average Total Price (2BR)	Example Project
New Launch Condo (OCR)	$1,600	$1.35M	The Hill @ Bukit Batok
New Launch Condo (RCR)	$2,100	$1.8M	The Continuum
New Launch Condo (CCR)	$2,800	$2.5M	Klimt Cairnhill
Executive Condo (EC)	$1,450	$1.25M	Tenet EC

📊 Takeaway: If your budget is under $1.5M, your best chances lie in OCR or EC segments.

Why Some Condos Are Cheaper Than Others

Ever wonder why certain new condos seem priced far below others? Here’s what really influences affordability:

1. Land Acquisition Cost – Projects built on lower GLS (Government Land Sale) bids can price more competitively.
   
2. Location & Connectivity – Distance from MRT/interchange affects psf rates.
   
3. Developer Strategy – Early-bird launch prices can be 5–8% cheaper.
   
4. Unit Layout Efficiency – Compact layouts lower entry quantum while maintaining livability.
   
5. Launch Timing – Condos launched during economic uncertainty often price aggressively to attract buyers.
   

💬 Example: Tengah EC projects average $1,450 psf, while nearby private condos hover above $1,700 psf — a 15% difference purely due to classification and land cost.

How to Find the Cheapest New Launch Condo in Singapore

Finding the right project isn’t just about scrolling listings. Follow these steps to pinpoint true affordability and avoid marketing traps.

1️⃣ Track Early Launch Phases

• Developers price Phase 1 units lower to drive initial momentum.
  
• Sign up for VIP preview lists via developer portals or property agents.
  

2️⃣ Compare $psf, Not Total Price

• A $1.3M 2-bedroom unit at 800 sqft = $1,625 psf
  
• A $1.2M 2-bedroom at 650 sqft = $1,846 psf
  
• The first option actually offers better value per dollar.
  

3️⃣ Explore EC Alternatives

• ECs (Executive Condos) are 20–25% cheaper than private condos with similar facilities.
  
• Great option for eligible buyers under $16,000 household income.
  

4️⃣ Use URA’s Transaction Portal

• Cross-check launch prices against URA caveat data to ensure you’re getting real value.
  
• Avoid projects with inflated developer list prices.
  

5️⃣ Focus on Growth Districts

• Tengah, Lentor, and Bukit Batok (Western Growth Corridor).
  
• Jurong Lake District (JLD) potential continues to drive west-side appreciation.
  

📈 Keywords: how to find cheapest new launch condo, low entry condo singapore, affordable condo singapore 2025.

Investment Potential: Are Cheaper Condos Worth Buying?

Absolutely — if you buy strategically.
Cheaper condos often outperform pricier ones in percentage returns because of their lower entry point.

Case Study: Parc Clematis (D5)

• Launched 2019 at $1,450 psf
  
• 2025 average resale price: $1,850 psf
  
  → 27% appreciation in 6 years
  

Case Study: The Brownstone EC

• Launched 2015 at $820 psf
  
• 2025 resale price: $1,330 psf
  
  → 62% appreciation
  

💬 Insight: Projects in emerging regions with strong transport connectivity deliver the best long-term returns — even if they start “cheap.”

Should You Buy the Cheapest Condo or the Best Value Condo?

Cheap doesn’t always mean good value.
When evaluating launches, weigh both price and growth potential.

Factor	Cheap Launch	Value Launch
Price (psf)	Below $1,550	$1,600–$1,800
Location	Fringe / New Town	Near MRT / Growth Corridor
Growth Potential	Medium	High
Developer Reputation	Smaller Firms	Top-Tier Developers
Long-Term ROI	2–3%/year	4–6%/year

🟢 Verdict: A “value” launch near MRT or future commercial hubs almost always beats the cheapest one in total ROI.

Buying Tips for Budget-Conscious Condo Buyers (2025)

1. Fix Your Budget Early
   
   Account for downpayment (25%), stamp duty (4%), and legal fees.
   
2. Secure Bank Pre-Approval
   
   An IPA ensures you know your borrowing limit before launch.
   
3. Visit Showflats Strategically
   
   Compare two or three projects on the same day — developers often adjust pricing based on competition.
   
4. Watch for Developer Discounts
   
   Limited-time promotions (e.g., $50K rebate or 2% launch discount) can make a big difference.
   
5. Track Master Plan Developments
   
   Areas like Tengah, Jurong, and Lentor have upcoming transport and commercial catalysts.
   

💬 Pro Tip: Avoid emotional buying. Use data — psf, district trends, and URA transaction comparisons.

Frequently Asked Questions (FAQ)

1️⃣ What is the cheapest new launch condo in Singapore right now (2025)?
Projects like The Hill @ Bukit Batok and Tenet EC (final phase) remain among the lowest psf options at ~$1,450–$1,550 psf.

2️⃣ Which district has the most affordable new condos?
Districts 23–26 (Bukit Batok, Woodlands, Lentor) — all part of the Outside Central Region (OCR).

3️⃣ Can I buy a new condo for under $1 million?
Very few — typically 1-bedroom units under 500 sqft in OCR or ECs with smaller layouts.

4️⃣ Are Executive Condos (ECs) cheaper than private condos?
Yes. ECs are around 20–25% cheaper, with prices averaging $1,450 psf vs. $1,700+ psf for OCR private condos.

5️⃣ Will condo prices drop in 2026?
Analysts expect stable prices with mild growth (2–4%) as land and labor costs stay elevated.

Conclusion

The search for the cheapest new launch condo in Singapore is ultimately about value, timing, and location.

In 2025, the best opportunities lie in:

• OCR regions like Bukit Batok, Tengah, and Pasir Ris
  
• Early-phase launches before mass marketing
  
• Projects near upcoming MRT lines or regional hubs
  

Even as prices rise across Singapore, affordable entry points still exist for buyers who plan early, compare data carefully, and focus on growth areas instead of just low psf figures.

“Ready to find the cheapest new launch condo in Singapore?
Explore 2025 projects, compare prices, and secure early-bird units before the next phase increase. Start your condo search now and invest smart for long-term value with our Property Launcher Experts”