Budget Guides

Best 3-Bedroom Condos Under $2M in Singapore

Family-sized 3-bedroom condos under $2M with unit size, PSF, and neighbourhood analysis.

Last updated: 26 July 2026

Overview

This guide analyzes 3-bedroom condominium units in Singapore priced at or below the $2,000,000 threshold, focusing on developments with high transaction volumes. Data from top-performing projects indicates that average PSF prices for this category range from $1,435.08 at Treasure at Tampines to $2,208.56 at Avenue South Residence. Most available units within this budget are located in 99-year leasehold developments with lease commencement dates between 2017 and 2019.

Market Analysis

Market data shows that District 18 and District 19 provide the highest concentration of 3-bedroom options under $2,000,000, with Treasure at Tampines alone recording 1,963 transactions. In District 19, Riverfront Residences and Affinity at Serangoon offer PSF rates of $1,529.91 and $1,625.80 respectively, allowing for larger unit sizes within the $2,000,000 cap. Conversely, District 3 projects like Stirling Residences and Avenue South Residence exceed $2,100 PSF, which necessitates smaller floor areas to remain under the $2,000,000 limit. District 5 also shows significant activity, with Normanton Park and Parc Clematis recording a combined total of 3,206 transactions at PSF prices between $1,681.72 and $1,816.47.

Top Projects by Transaction Volume

ProjectDistrictMedian PSFTransactionsTenure
TREASURE AT TAMPINESD18 Tampines, Pasir Ris$1,435.081,96399 yrs lease commencing from 2018
NORMANTON PARKD05 Pasir Panjang, Clementi$1,816.4731,88299 yrs lease commencing from 2019
PARC CLEMATISD05 Pasir Panjang, Clementi$1,681.7261,32499 yrs lease commencing from 2019
THE FLORENCE RESIDENCESD19 Serangoon, Hougang$1,663.7461,23899 yrs lease commencing from 2018
JADESCAPED20 Bishan, Ang Mo Kio$1,779.55396399 yrs lease commencing from 2018
PARC ESTAD14 Geylang, Paya Lebar$1,889.0389099 yrs lease commencing from 2018
AFFINITY AT SERANGOOND19 Serangoon, Hougang$1,625.80584699 yrs lease commencing from 2018
AVENUE SOUTH RESIDENCED03 Queenstown, Tiong Bahru$2,208.56179699 yrs lease commencing from 2018
RIVERFRONT RESIDENCESD19 Serangoon, Hougang$1,529.91579299 yrs lease commencing from 2018
STIRLING RESIDENCESD03 Queenstown, Tiong Bahru$2,140.12274899 yrs lease commencing from 2017

Buyer Advice

Buyers should calculate the maximum floor area possible by dividing the $2,000,000 budget by the project's average PSF; for example, Treasure at Tampines allows for approximately 1,393 square feet, while Parc Esta limits the size to roughly 1,058 square feet. It is important to note that all projects in this top 10 list are 99-year leasehold properties with leases starting no earlier than 2017. Buyers prioritizing space may find more options in District 18 and 19, where PSF prices remain below $1,700.

Frequently Asked Questions

Which condo offers the lowest PSF for a 3-bedroom unit under $2M?
Treasure at Tampines in District 18 offers the lowest average price among the high-volume projects at $1,435.08 PSF. This development has seen 1,963 transactions, making it a high-liquidity option for budget-conscious buyers.
Are there 3-bedroom condos under $2M near the city fringe in District 3?
Yes, but buyers must accept smaller unit sizes as Avenue South Residence and Stirling Residences have PSF prices of $2,208.56 and $2,140.12 respectively. At these rates, a $2,000,000 budget typically covers units between 900 and 930 square feet.
What are the options for 3-bedroom condos in District 5 for under $2 million?
Normanton Park and Parc Clematis are the primary options in District 5, with average PSF prices of $1,816.47 and $1,681.72 respectively. These projects have high transaction counts of 1,882 and 1,324, indicating a very active secondary market.
How does the price per square foot compare in District 19 for family-sized units?
District 19 features several projects within this budget, including The Florence Residences at $1,663.74 PSF and Riverfront Residences at $1,529.91 PSF. These figures are lower than the average PSF found in District 3 and District 5 developments.
What is the typical lease balance for these $2M 3-bedroom condos?
The top 10 projects identified have 99-year leases that commenced between 2017 and 2019. As of 2024, these properties retain approximately 92 to 94 years of their original lease term.
Can I afford a 3-bedroom unit at Parc Esta with a $2,000,000 budget?
With an average PSF of $1,889.03, a $2,000,000 budget at Parc Esta allows for a unit size of approximately 1,058 square feet. This development in District 14 has recorded 890 transactions, reflecting steady demand.

This guide was generated with AI assistance using real transaction data. Verify all figures independently before making decisions.

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