New Launch Condos and ECs for 2022: 11 Upcoming Projects We Can Expect

Against all odds, the non-landed private property market has surpassed expectations and proven highly resilient in the COVID-19 pandemic. According to PropertyGuru’s Singapore Property Market Outlook 2022, prices for all property types have continued to increase and are at a high.

Some of the most anticipated launches of 2021 included luxury properties like Canninghill Piers, which was the top-selling condo in the Core Central Region (CCR), and affordable mass-market condos like Treasures at Tampines.

So, what’s in store for 2022? Here’s what homebuyers can look forward to.

New Launch Condos for 2022

Here’s a summary of the projects we can expect in the coming year.

1. Marina View

The Marina View white site attracted one bid.

Who can forget the $1.508 billion sole bid for the Marina View white site by IOI Properties in September 2021? The result is this upcoming 99-year leasehold condo. It will consist of 905 units and is targeted at affluent buyers with work or business interests in the CBD.

The project will be located smack in the middle of the CBD, next door to Downtown MRT station and less than 10 minutes’ walk from several other stations including Telok Ayer, Raffles Place and Marina Bay. Landmarks like Lau Pa Sat, Boat Quay and Marina Bay Sands will also be within walking distance. 

If you want to live in the area now, browse other existing Marina View properties for sale on PropertyGuru.

2. Tanah Merah Kechil Link

Map of the upcoming 2022 project at Tanah Merah Kechil Link.

Located about five minutes’ walk from Tanah Merah MRT station, this 99-year leasehold development will be a relatively small and exclusive project, with an integrated shopping mall on the lower floors and 265 residential units above. It will offer easy access via MRT to Changi Airport and Expo, making it ideal for those who work in the area.

Related article: Living Near Malls in Singapore: Pros and Cons to Consider

Browse all condos for sale near Tanah Merah MRT station on PropertyGuru.

3. Lentor Central

Map of the upcoming 2022 mixed-use development at Lentor Central.

The upcoming 605-unit, 99-year leasehold Lentor Central project will be located about three minutes’ walk from the new MRT station on the Thomson-East Coast line, Lentor. The Lentor Hills area is currently under development, but residents will be close to the Yio Chu Kang and Thomson areas and their amenities.

The development will be a mixed-use development, with a “96,000 sq ft commercial podium”. Choice schools such as Anderson Primary School, Catholic High School, CHIJ St Nicholas Girls’ School, and Raffles Institution are also in the vicinity. After a long workday, residents can also head to the nearby Hillock Park for a walk or to work out.

Related article: 8 Benefits of Living Near Nature

Browse all condos for sale near the future Lentor MRT station on PropertyGuru.

4. Jalan Anak Bukit

Map of the upcoming 2022 mixed-use development at Jalan Anak Bukit. Source: URA

The 99-year leasehold Jalan Anak Bukit project in the Beauty World area is another mixed-use development comprising commercial space and residential units and will be integrated with a bus interchange.

The 845-unit development, which will be located a few minutes’ walk from Beauty World MRT station, will enjoy easy access to established schools in the Bukit Timah area such as Hwa Chong Institution and Methodist Girls’ School.

Related article: How Does Distance to MRT Affect Property Prices in Singapore?

Browse all condos for sale near Beauty World MRT station on PropertyGuru.

5. Ang Mo Kio Avenue 1

Map of the upcoming 2022 project at Ang Mo Kio Avenue 1. Source: URA

The highly sought-after site for the 370-unit, 99-year launch at Ang Mo Kio Avenue 1 will be within walking distance of Mayflower MRT station, as well as less than 15 minutes’ walk from schools such as CHIJ St Nicholas Girls’ School and Ai Tong School. The medium-size development will comprise 370 units.

Browse all condos for sale in Ang Mo Kio on PropertyGuru.

6. Northumberland Road

Map of the upcoming 2022 project at Northumberland Road. Source: URA

Located in the Little India and Farrer Park area, the city fringe location of the 99-year leasehold, 405-unit Northumberland Road launch will offer great convenience, with Farrer Park MRT station being about 6 minutes’ walk away and Little India and Jalan Besar MRT stations also being within easy walking distance. Residents will enjoy easy access to Bugis, Orchard and the CBD.

Browse all condos for sale near Farrer Park MRT station on PropertyGuru.

7. Yishun Avenue 9 EC (North Gaia)

Map of the upcoming 2022 EC at Yishun Avenue 9. Source: Google Maps

North Gaia is an upcoming 900-unit Executive Condominium (EC) which will be located on Yishun Avenue 9 near Khatib Bongsu Nature Park and about 19 minutes’ walk from Yishun MRT station and the Yishun town centre. Residents will also be able to travel via scenic park connectors to Punggol.

Related article: Coast-to-Coast Trail: 9 Properties 5 Min from Hiking Trails and Park Connectors in Singapore

Don’t want to live in an EC? Browse all condos for sale in Yishun on PropertyGuru.

8. Tengah Garden Walk EC (Tengah Garden Residences)

Artist’s impression of the upcoming 2022 Tengah Garden Residences (Tengah Garden Walk EC). Source: HDB

The 615-unit Tengah Garden Walk EC comes hot on the heels of multiple BTO launches in the Tengah area, which is currently being developed into a new residential estate. Named Tengah Garden Residences, it will be located within walking distance of upcoming Jurong Region line MRT stations Hong Kah and Tengah Plantation.

If you’re thinking of living in Tengah and don’t mind living in a BTO flat, you could either bid for a place during the upcoming Feb 2022 Tengah BTO or apply for a flat during the twice-yearly Sale of Balance Flat exercises. Browse all Tengah BTO projects launched in 2021 here:

• Feb 2021 Tengah BTO Review: Mere Minutes from the Jurong Region Line
• May 2021 Tengah BTO Review: Stone’s Throw From the Jurong Region Line (JRL)
• Nov 2021 Tengah BTO Review: Car-free Green Living Near the Upcoming JRL

9. Evelyn Road

This small freehold condo development in the city fringe Novena area is expected to be sought-after by affluent buyers. It will be built on an en bloc site where two semi-detached houses used to stand. Consisting of just 25 units, the development will be a short walking distance from both Newton and Novena MRT station, as well as shopping malls United Square and Velocity @ Novena Square.

Browse all condos for sale in Newton on PropertyGuru.

10. Phoenix Road (The Arden)

Site of the future project, The Arden. Source: Colliers International

This 99-year leasehold development will be built on an en bloc site on Phoenix Road in the Bukit Panjang area previously housing two three-storey blocks of shops and apartments. The Arden will consist of 80 units and be located about 4 minutes’ walk from Bukit Panjang MRT station and a short distance from Hillion Mall and Bukit Panjang Plaza.

Browse all condos for sale near Bukit Panjang MRT station on PropertyGuru.

11. Former Bedok Point

Bedok Point Mall is expected to be redeveloped.

Frasers Property has decided to redevelop their Bedok Point mall on New Upper Changi Road into a mixed-use development that will include residential units. Residents will enjoy an excellent location in the heart of a mature town at less than 2 minutes’ walk to Bedok MRT station.

Browse all condos for sale in Bedok on PropertyGuru.

New Condo Launches: What We Can Expect

In 2022, those who are looking for condos in the Outside Central Region (OCR) have a fairly wide selection to choose from.

However, in general, the number of launches will be lower than in previous years as the government has tightened the supply of land released through the Government Land Sales (GLS) Programme.

In addition, interest rates are expected to rise in 2022, which could make financing more costly.

Those who wish to buy a new condo in 2022 will need to monitor interest rates and prices closely to ensure affordability.

More FAQs about New Condo Launches in Singapore

Can Foreigners Buy New Launch Condos in Singapore?

Yes, foreigners can buy condos without restrictions but must pay Additional Buyer’s Stamp Duty (ABSD).

What’s the Difference Between Buying a New Launch Condo and a Resale Condo?

Buyers of new launch condos must wait for the condo to be built before moving in and make progressive payments as the property is being built.

What Is the Downpayment for a New Launch Condo?

Buyers must pay a 5% booking fee and a balance downpayment of 15%.

For more property news, resources and useful content like this article, check out PropertyGuru’s guides section. 

Are you looking to buy a new home? Head to PropertyGuru to browse the top properties for sale in Singapore.  

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This article was written by Joanne Poh. A former real estate lawyer, she writes about property and personal finance and spends her free time compulsively learning languages and roller skating in carparks.