# Does progressive payment for new projects fuel high new condo prices?

- **Source:** The Business Times
- **Published:** 2026-07-06T02:58:42.000Z
- **Author:** Leslie Yee
- **Original:** https://www.businesstimes.com.sg/opinion-features/does-progressive-payment-new-projects-fuel-high-new-condo-prices
- **Topics:** Private Residential, New Launches, Transactions & Deals

## Featured rationale

Strong launch demand signals buyers’ willingness to pay for newness, layouts and facilities, potentially sustaining the pricing gap between uncompleted projects and resale condominiums.

## AI summary

Recent major condominium launches achieved weekend sales rates above 80 or 90 per cent, while some new units commanded premiums of at least 40 per cent psf over nearby resales.

## Original article

[SINGAPORE] Singapore residents love new condo homes. Some recent major condo launches have achieved sales rates exceeding 80 per cent or even 90 per cent during their launch weekends.

Meanwhile, various new condo launches have set benchmark prices in their locations. A new condo unit might fetch a premium of 40 per cent or more on a per square foot (psf) basis over a resale unit nearby.

Various factors help explain the price gap between new and resale units. For example, new condos may have more efficient layouts as well as better finishings and facilities. Some buyers might be enamoured by having a brand-new home.

## Chinese translation

> Translation model: grok

### 新盘分期付款是否推高新建公寓价格？

相较转售单位，买家在考虑可分期付款的未完工新盘时可能更为积极

[新加坡] 新加坡居民偏爱新建共管公寓。近期一些大型新盘在开盘周末售出率超过80%，甚至达90%。

与此同时，多个新盘开盘在各自地段刷新价格标杆。按每平方英尺计，新建单位较邻近转售单位溢价或达40%甚至更高。

多种因素有助解释新盘与转售单位的价差。例如，新盘或布局更高效，装修与设施更优；部分买家亦钟情全新住宅。