Property purchases are naturally a very costly affair. And that’s why whenever there’s an opportunity to shave off a portion of the overall price, it’s certainly a good deal worth considering. The good news is that these condo developers are running flash sales, and the discounts go as high as $400K!
This August, here’s a roundup of 8 condos in Singapore with discounts for you to score your investment property or forever home for less.
PSA: Some of these developments are down to their final units, so act fast and arrange a viewing with the developer team here for the best prices possible.
1. Leedon Green – Up to $218,000 off selected units
Image credit: Singapore Real Estate
TOP: End 2023
District: 10
Flash sale discount: Up to $218K
Enter Leedon Green, a freehold 638-unit condo that’s set to TOP by the end of 2023. Sitting along main Farrer Road, the condo has been rated as one of the most expensive condos since its launch back in Jan 2020. For instance, earlier in March this year, a 4-bedder on the 6th floor was sold for a jaw-dropping $5.07M, which championed a new all-time high psf of $3,387.
While over 94% of units have already been sold out, the good news is that there are still a handful of units available for purchase directly from the developer. Most of these balance units are the smaller ones, such as a 3-Bedroom Exclusive (from $4.7M), 2-Bedroom (from $1.94M) and 1-Bedroom + Study ($1.61M).
Plus, district 10 is undoubtedly one of the most sought after regions to live in Singapore. After all, you’re just a stone’s throw away from the Orchard Road shopping belt.
Contact the Leedon Green developer team here for a viewing and to secure the discount.
2. LIV@MB – Up to 4% discount for its last 16 units
Image credit: LIV@MB
TOP: Q2 2024
District: 15
Flash sale discount: Up to $146K
If you’re all about that East side life, then LIV@MB might be right up your alley. Launched in May last year, LIV@MB is a new 99-year leasehold condo in Marine Parade that’s just a short walk away from the future Katong Park MRT station.
It’s also a relatively small development, with just 298 units spread across 4 blocks. That said, there is some design pedigree behind LIV@MB – its architect is Arc Studio Architecture + Urbanism, who are the brains behind the world famous Pinnacle@Duxton.
On its opening weekend in May 2022, around 75% of units were sold out, at an average selling price of $2,387 psf. This translated to around $1.08M for 1-bedders, while 4-bedroom deluxe units were launched at around $3.63M.
As of time of writing, there are just a small handful of units left, comprising mostly 3-bedroom Deluxe units on the first 3 floors, and 2 4-bedroom units, and 2 4-bedroom Deluxe units each on the highest floor. The developer is also offering up to 4% discount on these units, which can mean up to $146K off its original price.
Contact the LIV@MB developer team here for a viewing and to secure the discount.
3. The Reef at King’s Dock – Up to $60K off selected stacks
Image credit: The Reef at King’s Dock
TOP: 2025
District: 4
Flash sale discount: Up to $60K
Located at the (future) Greater Southern Waterfront, The Reef at King’s Dock is one of several new residential developments planned for the South side of Singapore. Its biggest selling point has to be its waterfront living; you are literally right next to the waterfront, with views of Sentosa on one side, or lush greenery on the other side of the condo.
The developer is offering discounts of up to $60K for balance units on selected stacks, namely 1, 8, 13, 14 and 26. While most of them are low-lying units, stack 26 does have units on the 8th and 9th floors available, though they are the larger 3-bedroom units.
Contact The Reef at King’s Dock developer team here for a viewing and to secure the discount.
4. One Pearl Bank – Up to $35K discount on final 2 units
Image credit: One Pearl Bank
TOP: End of 2023
District: 3
Flash sale discount: Up to $35K
Speaking of great locations, another factor that most homebuyers love about a property is its proximity to the central regions, in particular those close to the CBD with convenient commuting options nearby. This is because it serves two key clientele: those looking to invest will be able to command a healthy rental yield, and owner-occupiers looking to live centrally.
Such is the case for One Pearl Bank, a high-rise condo located at Outram. The condo has a total of 774 units across 39 stories – one of the highest in Singapore, and will also feature the world’s first vertical sky gardens in a residential property.
In case you were interested, the developers are offering small discounts for its last two units:
- A 2-bedder unit (#30-05) going for $2.028M (discount of $14K)
- A 3-bedder unit (#29-01) going for $3.1M (discount of $35K)
Contact the One Pearl Bank developer team here for a viewing and to secure the discount.
5. The Atelier – Special $191K discount for last unit
Image credit: The Atelier
TOP: 2024
District: 9
Flash sale discount: $191K for last unit
If you’re looking for more privacy and quiet for a home with not too many fellow residents living around you, then one option you can consider is The Atelier, a freehold condo located just a 5-min walk away from Newton MRT.
As far as units go, The Atelier is considered a relatively small project, with only 120 units on offer. Launched in March 2021 and set to TOP next year, units were sold at an average selling price of $2,693 psf, which is more or less in line with other properties in the vicinity of Newton.
Interestingly, back in March this year, a 3-bedder unit was sold for $3.2M ($2,494 psf), which made it the lowest sale in terms of psf for The Atelier.
At of time of writing, there is just 1 unit left: a 1-bedder unit located on the highest floor (#22-03). From the developers, the initial price was at $1.689M, but that is now revised downwards to $1,498M, marking a cool $191K discount.
Contact The Atelier developer team here for a viewing and to secure the discount.
6. Cairnhill 16 – Over $120K discount for last 3-bedder units
Image credit: Cairnhill 16
TOP: Sep 2023
District: 9
Flash sale discount: More than $120K for final 3 units
In the District 9 area, another new launch condo with developer flash sales for its balance units is Cairnhill 16, a high-end luxury residential project by TSky Cairnhill Pte Ltd.
Located on the other side of Bukit Timah Road and opposite The Atelier, Cairnhill 16 is also another small condo project, featuring only 39 units. What it lacks in size, it makes up in its design: the interior of each unit is decked out in luxurious fashion, creating a sense of elegance and opulence for its residents.
Each unit also has top-of-the-line furnishings, including double refrigerators, a wine chiller, and a steamer for select units. The developers also spared no effort in ensuring the exterior facade matches up to its premium living status, with lush greenery and canopies in and around the development to bring out the garden city vibe.
If all of that has already caught your interest, then you’ll be pleased to know that there are balance units still available, and yes, there are discounts on them:
- 3-bedder unit (#11-02), now at $3.22M (discount of over $178K)
- 3-bedder unit (#13-02), now at $3.3M (discount of over $163K)
- 3-bedder + study unit (#02-01), now at $3.55M (discount of over $155K)
Contact the Cairnhill 16 developer team here for a viewing and to secure the discount.
7. Perfect Ten – Close to $400K in savings for remaining units
Image credit: Perfect Ten Condo
TOP: 2025
District: 10
Flash sale discount: Almost $400K
Going back to District 10, a condo project that was launched some time ago (Dec 2021) is Perfect Ten, a 230-unit freehold condo set to TOP by 2025. Located along Bukit Timah Road and right amongst the landed property enclave, one of the huge draws about the development is that it’s in Bukit Timah itself, which is well known for being a highly coveted neighbourhood.
Apart from being within walking distance to two interchange MRT stations – Stevens and Newton, another draw is the proximity of several brand-name schools, such as Anglo Chinese School (Barker Road), Singapore Chinese Girls School, and Eton House International School.
Price-wise, the developer is offering a flat price of $2.64M for selected units: #23-09, #23-04, #22-04, and #22-01. These are all 2-bedder unit types, and the savings you incur as a result of these discounts range from $306K right up to $398K.
Contact the Perfect Ten developer team here for a viewing and to secure the discount.
8. One Bernam – One price promo with up to $238K in savings
Image credit: One Bernam
TOP: 2026
District: 10
Flash sale discount: Up to $238K
Rounding up our list of condos with developer flash sales in August is One Bernam, also another 99-year leasehold condo located in the Tanjong Pagar-Chinatown vicinity.
Another unique selling point of this condo project is that it will be a mixed-use development, with commercial spaces on the lower floors and residential blocks making up the top floors. In fact, it will not be a standalone piece; rather, the ground floor of One Bernam and the surrounding areas will be transformed as part of the Downtown Master Plan to create a more vibrant and bustling neighbourhood.
In terms of discounts, developers HY Realty and MCC Land are offering one-price promotions for selected unit types for the month of August. This translates to up to $238K in savings for interested buyers, for units such as its high floor 3-bedders ($4.15M), 1-bedders ($1.548M), and a range of 2-bedroom variants ($1.95M to $2.35M).
Contact the One Bernam developer team here for a viewing and to secure the discount.
Condos with flash sales in August to buy
All in all, August looks like a pretty good month if you’re looking to purchase a property in highly-coveted neighbourhoods like Bukit Timah, Tanjong Pagar, Outram, Orchard, Marine Parade, and even the Greater Southern Waterfront.
With these discounts, you can expect attention to pick up again for these new launch condo projects, especially for those with very significant discounts in very favourable locations. If you’re looking to buy a unit this August, be sure to work out your finances to ensure you can afford a unit.
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Cover image adapted from: Cairnhill 16, LIV@MB, The Atelier
