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Best Condos Under $1M in Singapore (2026)

Data-driven list of the most transacted condos under $1M with PSF analysis and district breakdown.

Last updated: 28 April 2026

Overview

The Singapore private residential market for units priced under $1,000,000 is primarily concentrated in the Outside Central Region (OCR), specifically within districts 18, 19, 27, and 28. High transaction volumes are observed in projects such as Parc Central Residences (613 transactions) and North Gaia (603 transactions), both of which are 99-year leasehold developments. These entry-level options typically feature price points ranging from $1,151.567 to $1,407.31 per square foot (PSF).

Market Analysis

Data indicates that Executive Condominiums (ECs) like Ola and Parc Central Residences offer some of the lowest entry PSFs at $1,151.567 and $1,176.318 respectively. District 19 shows the highest concentration of high-volume projects, with Ola, Kingsford Waterbay, and The Minton totaling 1,314 transactions. Newer leasehold projects with 2021 commencement dates, such as Copen Grand and Tenet, command higher PSFs of $1,341.165 and $1,385.38. Conversely, older developments like The Minton, with a lease commencing in 2007, maintain a PSF of $1,282.556, reflecting a price gap between older and newer inventory.

Top Projects by Transaction Volume

ProjectDistrictMedian PSFTransactionsTenure
PARC CENTRAL RESIDENCESD18 Tampines, Pasir Ris$1,176.31861399 yrs lease commencing from 2019
NORTH GAIAD27 Yishun, Sembawang$1,310.63360399 yrs lease commencing from 2021
HIGH PARK RESIDENCESD28 Seletar, Yio Chu Kang$1,407.3152399 yrs lease commencing from 2014
SOL ACRESD23 Bukit Batok, Bukit Panjang$1,393.54752199 yrs lease commencing from 2014
OLAD19 Serangoon, Hougang$1,151.56751399 yrs lease commencing from 2018
COPEN GRANDD24 Lim Chu Kang, Tengah$1,341.16545499 yrs lease commencing from 2021
TENETD18 Tampines, Pasir Ris$1,385.3841199 yrs lease commencing from 2021
KINGSFORD WATERBAYD19 Serangoon, Hougang$1,371.42740699 yrs lease commencing from 2014
PIERMONT GRANDD19 Serangoon, Hougang$1,132.48239599 yrs lease commencing from 2018
PARC GREENWICHD28 Seletar, Yio Chu Kang$1,234.28439599 yrs lease commencing from 2020

Buyer Advice

Prospective buyers must calculate the maximum floor area achievable within the $1,000,000 limit; for example, at High Park Residences' $1,407.31 PSF, the unit size would be approximately 710 square feet. Comparing the $1,151.567 PSF at Ola against the $1,371.427 PSF at Kingsford Waterbay shows a 19% variance within the same district, highlighting the importance of project-specific PSF analysis. Buyers should also account for the remaining lease term, as projects in this category range from 2007 to 2021 lease commencements.

Frequently Asked Questions

Which condo under $1M has the highest transaction volume in Singapore?
Parc Central Residences in District 18 recorded the highest volume with 613 transactions. It has a 99-year lease commencing from 2019 and an average price of $1,176.318 PSF.
What is the average PSF for affordable condos in District 27?
In District 27, North Gaia is a prominent project with 603 transactions and an average PSF of $1,310.633. The lease for this development commenced in 2021.
Where can I find the lowest PSF condos under $1 million?
Ola in District 19 offers the lowest PSF among high-volume projects at $1,151.567. Parc Central Residences in District 18 is the next most affordable at $1,176.318 PSF.
Are there newer 99-year leasehold condos available for under $1M?
Yes, projects like Copen Grand and Tenet both have leases commencing in 2021. They trade at $1,341.165 PSF and $1,385.38 PSF respectively, with a combined total of 865 transactions.
Which District 28 projects are popular for budget-conscious buyers?
High Park Residences and Parc Greenwich are the leading choices in District 28. High Park Residences has 523 transactions at $1,407.31 PSF, while Parc Greenwich has 395 transactions at $1,234.284 PSF.
How does the lease year affect the price of condos in District 19?
The Minton, with a 2007 lease, has a PSF of $1,282.556, while the newer Ola (2018 lease) actually has a lower PSF of $1,151.567. This suggests that project type and transaction volume influence pricing as much as lease age in this district.

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

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