The Seedly Guide to Upcoming New Condo Launches in 2020
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The Seedly Guide to Upcoming New Condo Launches in 2020

profileKenneth Fong
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With HDB BTO launches being oversubscribed left, right, and centre…

I’ve got friends asking me what their options are like.

Especially since they don’t relish the idea of a 6 to 7 year wait.

And since many are pretty established, career-wise, some have even busted the income ceilings for CPF Housing Grants and HDB housing loans.

So how?

Spongebob Rainbow with Condo

Yep.

Looking for upcoming new condo project launches?

Here’s what’s to expect!


TL;DR: Upcoming New Condo Launches in 2020

For the remaining months of 2020, there’re 7 upcoming new condo launches:

Central

The Landmark Condo

The Landmark Condo
Source: Landmark JV Pte Ltd

Core Central

Midtown Modern

Midtown Modern
Source: Guocoland

East Region

Liv @ MB

West Region

Clavon Condo

Clavon Condo
Source: United Venture Development

KI Residences

KI residences
Source: Hoi Hup Sunway Clementi Pte Ltd

The Linq @ Beauty World

The Linq
Source: Alika Properties Pte Ltd

Phoenix Residences

Phoenix Residences
Source: USB (Phoenix) Pte Ltd
Property NameDeveloperRegionDistrictTenureEstimated Launch DateEstimated UnitsEstimated TOPNearest MallsNearest MRT Station(s)Primary Schools Within 1kmPrimary Schools Within 1km to 2km
Clavon CondoUnited Venture Development (Clementi 1) Pte LtdWest (Clementi Avenue 1)D599 yearsNovember 20206401 September 2024Clementi Arcade

The Clementi Mall

West Coast Plaza
Clementi MRTClementi Primary

Pei Tong Primary
Qifa Primary

Nan Hua Primary
KI ResidencesHoi Hup Sunway Clementi Pte LtdWest (Clementi, Brookvale Drive)D21999 yearsNovember 202066030 July 2024Beauty World Plaza

Beauty World Centre

Bukit Timah Shopping Centre

Bukit Timah Plaza

Clementi Arcade

The Clementi Mall

WCEGA Plaza
Beauty World MRTBukit Timah PrimaryClementi Primary

Methodist Girls' Primary

Nan Hua Primary

Pei Hwa Presbyterian Primary

Pei Tong Primary
The Landmark CondoLandmark JV Pte LtdCentral (Chinatown, Chin Swee Road)D399 yearsNovember 202039630 March 2025Central Mall

Central Square

Chinatown Point

People's Park Centre

People's Park Complex

Riverside Point
Chinatown MRT-Alexandra Primary

Cantonment Primary

CHIJ Primary (Kellock)

River Valley Primary

Zhangde Primary
The Linq @ Beauty WorldAlika Properties Pte LtdWest (Beauty World, Upper Bukit Timah Road)D21FreeholdNovember 20201206 July 2025Beauty World Plaza

Beauty World Centre

Bukit Timah Shopping Centre

Bukit Timah Plaza

KAP

WCEGA Plaza
Beauty World MRTPei Hwa Presbyterian PrimaryBukit Timah Primary

Methodist Girls' Primary
Liv @ MBBukit Sembawang Estates LimitedEast (Katong, Arthur Road)D1599 yearsH2 203882024Kallang Leisure Park

Katong Shopping Centre
Katong Park MRT [2023]-Kong Hwa Primary

Tanjong Katong Primary
Midtown ModernGuocolandCore Central (Bugis, Beach Road)D799 yearsH2 202192022Bugis+

Bugis Point

Bugis Junction

Bugis Village

DUO Galleria

Esplanade Xchange

Raffles City Shopping Centre

Shaw Leisure Gallery

Suntec City Mall
Bugis MRTStamford PrimarySaint Margaret's Primary

Farrer Park Primary
Phoenix ResidencesUSB (Phoenix) Pte LtdWest (Bukit Panjang, Phoenix Avenue)D2399 yearsH2 207430 November 2023Bukit Panjang Plaza

Hillion Mall

Junction 10
Bukit Panjang MRT

Phoenix MRT
West View PrimaryBukit Panjang Primary

CHIJ Our Lady Queen of Peace

Chua Chu Kang Primary

Greenridge Primary

Saint Anthony's Primary

South View Primary

Tech Whye Primary

West Spring Primary

Zhenghua Primary

Oh, and before you commit to a condo, you might want to pay attention to what the payment schedule is like so you can better plan your finances and manage your cashflow!

Private condo payment schedule for resale or new launch


How Do I Decide Which Condo Launch To Apply For?

Besides the price (for obvious reasons) when a new condo project is launched.

You’ll want to pay attention to:

  • location
  • facilities
  • surrounding amenities

FYI: this is not an exhaustive list

Location

If you’ve always been an East-sider, then you’ll probably want to pick a condo launch in the East since you’re probably used to living there.

Or maybe you’re thinking of renting out the unit.

Then maybe choosing a location which is near a ready pool of tenants working in business parks or the CBD would be a better bet.

Facilities

If you need access to a 40m lap pool or a tennis court.

Then you’ll want to make sure that the condo you’re picking has these.

Oh, and check how many parking lots will be built too.

Because there might not be enough for every person who lives in the development.

P.S. you’ll be surprised how many people overlook this when buying a condo.

Surrounding Amenities

If your primary means of transportation is public transport.

You’ll want to make sure that transport networks are accessible and conveniently located nearby.

I mean, you wouldn’t want to have to walk 15 minutes just to get to the nearest MRT station right?

You’ll also want to pay attention to whether there are any eateries and shopping malls nearby…

Because it would really suck if you have to lug heavy bags of groceries to your new condo from the nearest NTUC which is 5km away.

For parents planning to have kids, you’ll also want to consider what schools are within the vicinity of the development you pick.

Especially if you plan on sending your kids to a popular primary school, it makes a huge difference if you’re within a 1km radius of the school.

Freehold vs Leasehold Condos: What’s the Difference?

Unlike HDB flats which come with a standard 99-year lease.

There are freehold condos and leasehold condos.

Generally, there are 3 common types of condo tenures:

  • Freehold
  • 99-year leasehold
  • 999-year leasehold

So… what’s the diff?

Freehold

For a freehold condominium, you own both the unit that you purchase as well as the land on which the condo building stands.

As the owner of a freehold property, you own it for an indefinite period.

Meaning you can ACTUALLY pass it on to future generations, unlike an HDB flat which is a leasehold property that has to be returned to the government at the end of its lease.

Generally, freehold condominiums cost a bit more because you own a part of the land too.

This also means that you’ll have to deal with the upkeep of the land and condo building.

But this also means that you’ll have more say about what you wish to do with the property and its surroundings.

HOWEVER, the condo corporation or management will still retain some control over what freehold owners can do with the property.

So, you know, we don’t have people building emergency bunkers in the parking lot…

Oh, btw, freehold condos are rare, so expect competition — especially from property investors.

99-year Leasehold

With a 99-year leasehold property, you’re leasing the condo unit for 99 years.

Note: you’ll want to take note of when the lease commences

While you own the condo unit, you DO NOT own the land on which the condo building stands.

The biggest advantage of a 99-year leasehold is that you don’t have to care about the upkeep of the land and building.

But you’ll still have to pay for the maintenance of common property and facilities like the playground, parking, swimming pool, and etc.

999-year Leasehold

The concept is similar to a 99-year leasehold.

But since 999 years is pretty much like an eternal tenure of sorts, most people consider it to be similar to a freehold property.

Like freehold properties, a 999-year leasehold condo is rare.

How Do I Pick the Best Condo Unit?

Once you’ve worked out your finances and decided on which condo launch to apply to.

You can use this handy guide to figure out how to pick the best condo unit in order to get the best bang for your buck.

Seedly How to Pick Best Condo Unit

It’s a huge purchase bruv.

You’re gonna need all the help and information you can get.

You’re welcome.

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About Kenneth Fong
Owner of a 4-room HDB BTO and married to a financial clutz. Probably the closest to an adult you can find on the Seedly team.
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