For 9 consecutive quarters, the supply of unsold private homes under development has fallen to a 15-year low, and this trend is not projected to reverse itself in 2023.

Over the course of two years and three months, from the second quarter of 2020 to the third quarter of 2022, 5,320 unsold private dwelling units were built.

According to the schedule of future launches in 2023 shown below, there will be fewer new launches in 2023 than there were in 2020 and 2021. Large-scale development projects also decreased in quantity with less launch activity.

In 2023, private house prices will likely continue to climb due to high land and building expenses, as well as robust housing market demand.

If you miss the past launches, do check out below for the upcoming launches in 2023.

 

Property Launches in 2023

MonthGLS / EnblocProjectLeasehold / FreeholdStarting PreviewEnd of Preview
JanuaryGLSSceneca Residence99 Years14/Jan/202328/Jan/2023
FebruaryEnblocGems VilleFreehold28/Jan/20234/Feb/2023
EnblocTerra HillFreehold10/Feb/202325/Feb/2023
GLSThe Botany at Dairy Farm99 Years18/Feb/202328/Feb/2023
MarchGLSTembusu Grand99 years24/Mar/20238/Apr/2023
AprilEnblocThe Giverny ResidencesFreehold15/Apr/202322/Apr/2023
GLSBlossoms by the Park99 Years14/Apr/202329/Apr/2023
EnblocThe ContinuumFreehold21/Apr/20236/May/2023
MayGLSThe Reserve Residences99 Years12/May/202327/May/2023

June
GLSThe Myst99 Years24/Jun/20238/Jul/2023
Lentor Hill Residences99 Years24/Jun/20238/Jul/2023
GLSPinetree Hill99 Years29/Jun/202315/Jul/2023
JulGLSGrand Dunman99 Years1st/Jul/202315/Jul/2023
EnblocThe Lakegardens Residences99 Years22/Jul/20235/Aug/2023
GLSAltura EC99 Years22/Jul/20235/Aug/2023
EnblocOrchard SophiaFreehold29/Jul/202312/Aug/2023
OctEnblocMattar ResidencesFreehold12/Oct/202315/Oct/2023
EnblocJden99 years28/Oct/20237/Nov/2023
NovEnblocWatten HouseFreehold