Narra Residences drew 3,500 visitors at its opening weekend public preview.

• 540-unit, 99-yr leasehold in Dairy Farm (D23)

Prices from S$998k (S$1,930 psf); 2BR from S$1.17m, 3BR S$1.6m, 4BR S$2.4m, 5BR S$3.8m.

#newlaunches #singaporecondo

Narra Residences

• 99-year leasehold at Dairy Farm (D23)
• 540 units (8 blocks)
• Prices from S$998,000 for 1-bedroom units

Public preview from Jan 17, bookings starting Jan 31.

One of the first launches under the new GFA harmonisation rules.

#newlaunches #singaporecondo

Fewer private condo launches in 2026: 17 projects vs 26 in 2025, with units dropping from 11,430 to 8,113.

Breakdown: 5 CCR, 4 OCR, 12 RCR.

Suburban launches dominate, and lower mortgage rates (currently 1.55%–1.8%) expected to drive property market into 2026.

#newlaunches

Zyon Grand, a development by City Developments Limited (CDL) and Mitsui Fudosan (Asia), sold 590 out of its 706 units (84%) with an average selling price of S$3,050 psf.

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399-unit Faber Residence, a joint venture by GuocoLand and Hong Leong Holdings, achieved 86% unit sales with price averaging S$2,160 psf.

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Penrith, a 99-year leasehold by joint developers Hong Leong Holdings, Hong Realty and GuocoLand, sold 97% of its 462-unit with an average price of above S$2,800 psf reportedly.

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Skye at Holland, a 99-year leasehold condominium jointly developed by UOL Group, Singapore Land Group, CapitaLand Development (CLD) and Kheng Leong, sold almost 99% of its 658 units with an average selling price of S$2,953 psf.

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Skye at Holland, a 666-unit development by consortium of UOL Group, Singapore Land Group, CapitaLand and Kheng Leong Co, attracted over 8,000 visitors over the weekend, with starting price of S$2,598 psf.

#newlaunches #singaporecondo