A Singaporean’s homeownership journey often starts with a BTO flat as the first marital home before moving to a condo unit after the typical 5-year Minimum Occupation Period (MOP). If you’re planning to follow this path, you’re in luck. In 2024, 10 new launch condos will reach its Temporary Occupation Permit (TOP). Several BTO projects will be reaching MOP this year — get the full list down below — so you may be eligible to sell very soon and consider these developments as your new home.
What is a Temporary Occupation Permit (TOP)?
The TOP is issued by the Building and Construction Authority (BCA) once a development has been completed and deemed safe for occupation. This allows you to move into your new condo unit or list it for rent, even as minor construction or finishing work might be ongoing. The TOP is awarded before the Certificate of Statutory Completion (CSC), which is required for the property to be fully and legally occupied.
10 new launch condos expected to TOP in 2024
| Project Name | District | Developer | Total No. of Units | Avg Transacted Price from 2019 ($ PSF) |
| 19 Nassim | 10 – Ardmore, Bukit Timah, Holland Road, Tanglin | Keppel Land | 101 | 3,474 |
| Forett at Bukit Timah | 21 – Upper Bukit Timah, Clementi Park, Ulu Pandan | Qingjian Realty (South Pacific) Group Pte Ltd | 633 | 2,000 |
| Grange 1866 | 10 – Tanglin, Holland, Bukit Timah | Heeton | 60 | 2,945 |
| Ki Residences at Brookvale | 21 – Upper Bukit Timah, Clementi Park, Ulu Pandan | Hoi Hup Realty | 660 | 1,852 |
| Lavender Residence | 12 – Toa Payoh, Balestier | FJL Property | 17 | 1,961 |
| Liv @ MB | 15 – Katong, Joo Chiat, Amber Road | Bukit Sembawang Estates Limited | 298 | 1,961 |
| Meyer Mansion | 15 – Katong, Joo Chiat, Amber Road | GuocoLand Limited | 200 | 2,697 |
| Midtown Modern | 7 – Middle Road, Golden Mile | GuocoLand Limited | 200 | 2,814 |
| Myra | 13 – Macpherson, Braddell | Tiara Land Pte Ltd | 85 | 2,220 |
| Park Nova | 10 – Ardmore, Bukit Timah, Holland Road, Tanglin | Shun Tak Holdings | 54 | 4,712 |
Don’t see a condo you’re interested in? Browse more condos for sale in Singapore on Ohmyhome.
1. 19 Nassim
Developer: Keppel Land
Total No. of Units: 101
Average Price: $3,474 PSF
Located in the prestigious Nassim enclave, 19 Nassim by Keppel Land is poised to offer unparalleled luxury living in one of Singapore’s most coveted neighborhoods: Tanglin, District 10, known for its luxury properties, proximity to the Singapore Botanic Gardens, and easy access to major embassies, ministries, and consulates — a highly desirable location for both locals and expatriates.
The development itself is a leasehold apartment with a total of 101 units, offering a sense of exclusivity and privacy. Its proximity to MRT stations such as Napier (TE12) and Orchard Boulevard (TE13) on the Thompson-East Coast line ensures convenient access to public transportation, facilitating easy travel to other parts of Singapore.
Furthermore, 19 Nassim’s buyer profile indicates a diverse community, with a mix of Singaporeans, Permanent Residents, and Foreigners, which can contribute to a vibrant living environment. The development’s recent transaction data, with sale prices ranging from $3,815 psf to $3,906 psf, reflects its premium status and the high demand for luxury living spaces in the area.
2. Forett at Bukit Timah
Developer: Qingjian Realty (South Pacific) Group Pte Ltd
Total No. of Units: 633
Average Price: $2,000 PSF
Nestled amidst the lush greenery of Bukit Timah, Forett at Bukit Timah promises residents a tranquil retreat from the bustling city life. Boasting extensive facilities — including a 50m and 30m lap pools and tennis court — and impeccable craftsmanship, this development is designed to harmonize with its natural surroundings.
Forett at Bukit Timah offers several appealing features for potential buyers or tenants. Firstly, its location in the heart of the Toh Tuck Road / Bukit Timah residential enclave is highly desirable. This area is known for its prestigious schools, making it an excellent choice for families with school-going children. Proximity to top schools such as Pei Hwa Presbyterian Primary School also add significant value to the development.
It sits at a close distance to Beauty World MRT Station on the Downtown line and is near expressways such as the Bukit Timah Expressway (BKE) and Pan-Island Expressway (PIE). It’s also surrounded by a plethora of dining options, with Bukit Timah Food Centre and late-night eateries along Cheong Chin Nam Road and Jalan Jurong Kechil, offering arguably some of the best food in the West.
3. Grange 1866
Developer: Heeton
Total No. of Units: 60
Average Price: $2,945 PSF
Grange 1866 by Heeton offers exclusivity and sophistication in the heart of Orchard Road, close to 4 MRT stations, such as Orchard MRT, Somerset MRT, Orchard Boulevard MRT, and Great World MRT on the North-South line, East-West line, and TEL, enhancing its connectivity to the rest of the city.
The development is a freehold property, which is highly sought after in Singapore for its perpetual ownership rights, making it a valuable asset for long-term investment. With only 60 exclusive units, Grange 1866 offers a sense of exclusivity and privacy, which is a significant draw for those looking for a more intimate living environment.
Additionally, the development is surrounded by a variety of amenities, including prestigious schools, shopping centers, dining options, and outdoor activities, ensuring residents have everything they need within easy reach.
Grange 1866 has seen robust price gains, with recent sales transactions ranging from $2,674 PSF to $3,390 PSF. The development’s inclusion in the URA Master Plan for the Central Region to enhance the area’s vibrancy and attractiveness further underscores its potential as a sound investment.
4. Ki Residences at Brookvale
Developer: Hoi Hup Realty
Total No. of Units: 660
Average Price: $1,852 PSF
Ki Residences at Brookvale epitomizes modern living with its thoughtfully curated amenities and spacious layouts. Situated in the tranquil enclave of Brookvale, surrounded by greenery and an enclave of detached houses and private residential condos, this development provides residents with a serene environment while being conveniently close to urban conveniences. This is complemented by its proximity to Bukit Timah Nature Reserves and Bukit Batok Town Park, which are ideal for nature lovers and those seeking outdoor activities.
The development is a 999-year leasehold, which is a rarity in Singapore and offers near-perpetual ownership compared to typical 99-year leasehold properties. This can be particularly appealing to buyers looking for long-term investments or a family home to pass down through generations.
Ki Residences is well-connected, with plans to extend Brookvale Walk to connect to Clementi Road, improving access to major arterial roads. It is also within a short driving distance to Dover, Clementi, and King Albert MRT stations. The potential proximity to the future phase 2 of the Cross Island Line (CRL) further increases its future value and convenience for residents.
Developed by Hoi Hup Realty and Sunway Group, both of whom have a strong track record in the real estate industry, ensures a high level of quality and reliability to the development.
Read our full review of Ki Residences.
5. Lavender Residence
Developer: FJL Property
Total No. of Units: 17
Average Price: $1,961 PSF
Lavender Residence offers boutique living at its finest, with its intimate setting and contemporary design. Perfectly suited for those who appreciate privacy and elegance, this exclusive development exudes understated luxury.
Its freehold status is a significant advantage, offering long-term ownership without the concerns of lease decay that affect leasehold properties. As a mixed-use development, with commercial units on the ground floor, residents can enjoy the convenience of onsite shopping and dining options.
Location is another key highlight of Lavender Residence. Situated in Singapore’s District 8, it is in a bustling area surrounded by a plethora of amenities including sports and leisure facilities, shopping options like Mustafa Centre, and a wide range of dining choices. The development’s proximity to multiple MRT stations, including Bendemeer MRT and Lavender MRT, ensures excellent connectivity, making it easy for residents to navigate the city.
6. Liv @ MB
Developer: Bukit Sembawang Estates Limited
Total No. of Units: 298
Average Price: $1,961 PSF
Strategically located in the bustling district of Marine Parade, Liv @ MB combines modernity with convenience. With its stunning views and comprehensive facilities, this development offers residents a vibrant urban lifestyle by the sea.
The development is near key amenities and recreational spots, including the Katong Park MRT, Old Airport Road Food Centre, and East Coast Park. For families with schooling children, the presence of reputable educational institutions such as Chung Cheng High School and Tanjong Katong Secondary School adds to the appeal of Liv @ MB, ensuring that residents have access to quality education within a close distance.
Moreover, the URA Master Plan for the Marine Parade area indicates future enhancements in community, recreational, and commercial offerings promise increased convenience and lifestyle options in the future. This also implies potential for capital appreciation of properties within the area.
7. Meyer Mansion
Developer: GuocoLand Limited
Total No. of Units: 200
Average Price: $2,697 PSF
Meyer Mansion, a freehold development, epitomizes waterfront living with its panoramic views of the sea and luxurious amenities. Designed to impress even the most discerning homeowners, this development redefines luxury living on the East Coast.
It is well-connected to the rest of Singapore via nearby MRT stations such as Katong Park (TE24) and Tanjong Katong (TE25), and the East Coast Expressway. This makes commuting to the city center, Changi Airport, and other parts of Singapore more convenient.
The development has also shown a positive trend in the real estate market, with an increase in the average sale price per square foot over the past 12 months, from $2,403 PSF to $3,292 PSF, indicating a healthy demand and potential for investment growth.
There’s a high percentage of Singaporean buyers for Meyer Mansion, which reflects local confidence in the property.
8. Midtown Modern
Developer: GuocoLand Limited
Total No. of Units: 200
Average Price: $2,814 PSF
Midtown Modern represents the epitome of urban living, with its prime location in the vibrant Bugis district. With its seamless integration of residential, commercial, and lifestyle elements, this development offers residents a dynamic and cosmopolitan lifestyle.
The development boasts a lush, sprawling third-storey garden, providing a rare naturalistic landscape in the urban setting. This garden, along with other shared facilities like a 50-metre lap pool, a tea house, and a clubhouse, offers residents a tranquil and rejuvenating environment.
Furthermore, the development’s design emphasizes flexibility, with interior spaces crafted to support both work-from-home arrangements and entertaining guests. This adaptability, combined with the development’s comprehensive amenities and strategic location, positions Midtown Modern as a highly desirable residential option in Singapore’s vibrant city centre.
Read our full review of Midtown Modern.
9. Myra
Developer: Tiara Land Pte Ltd
Total No. of Units: 85
Average Price: $2,220 PSF
Myra is a freehold apartment development that stands out for several reasons. Firstly, its location along Meyappa Chettiar Road in Toa Payoh, District 13, places it at the city fringe of Singapore, offering a blend of urban living with closer proximity to the Central Business District compared to many other residential areas.
The development is well-connected by public transport, with the nearest MRT stations being Potong Pasir (NE10) and Woodleigh (NE11) on the North East line, and close to various schools such as St Andrew’s Secondary School and St Andrew’s Junior School. There are also numerous amenities nearby, such as childcare centers, groceries, and kindergartens, ensuring that residents have easy access to essential services and facilities.
In summary, Myra’s appeal lies in its strategic location, connectivity, proximity to essential amenities and schools, exclusive living experience, and freehold status, making it a compelling choice for both homebuyers and investors.
10. Park Nova
Developer: Shun Tak Holdings
Total No. of Units: 54
Average Price: $4,712 PSF
Park Nova stands out in the Singapore real estate market for several reasons. Firstly, its location in Orchard, District 10, places it in one of Singapore’s most prestigious residential areas, known for luxury living and proximity to high-end shopping, dining, and entertainment options. The development’s close proximity to Orchard Boulevard (TE13) and Orchard (TE14, NS22) MRT stations enhances its connectivity, making it easy for residents to navigate the city.
It offers a range of unit types from 2+1 room to 5+1 room units, from 1,432 sq ft to 5,899 sq ft, which is considerably larger than many other residential offerings in the city.
Another significant advantage is the freehold status of Park Nova, which is increasingly rare in Singapore and highly sought after for its investment value. Freehold properties are not subject to the same leasehold expiry concerns as 99-year leasehold properties, making them more appealing to both investors and homeowners looking for long-term holdings.
One thing to note is that the buyer profile at Park Nova indicates a strong international interest, with 85.1% of buyers being foreigners, underscoring its investment potential. However, with the 60% ABSD, many foreign buyers are taking a more cautious approach towards Singapore property investments.
What’s the verdict?
From our perspective, the new launch condo with the highest investment potential is Ki Residences at Brookvale. As a recently TOP-ed development in the West, surrounded by much older private properties, this stands out as a star candidate for new families looking to move into a family-sized condo unit at a lower quantum.
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