Buy a new launch condo

You book a unit by paying a 5% booking fee for the Option to Purchase. The developer sends the Sale & Purchase Agreement within 2 weeks, and you have 3 weeks to sign it. The rest of the 20% down payment is due within 8 weeks of the option date.

After that, you pay progressively as the building is constructed, so the bank loan is drawn in stages. Stamp duties are due within 14 days of signing. Try our new launch calculator to see your payment schedule.

In most cases, no. For new launch purchases in Singapore, the developer usually pays the agent's commission, so you pay the same price whether you buy directly or through an agent. With David & Audrie, you also get an independent comparison of launches and a L.E.X analysis of location, entry price and exit.

Test each project on three things, using our L.E.X method. Location: transport, schools, amenities and planned changes in URA's Master Plan. Entry price: the price per square foot against nearby resale condos and other launches. Exit: who will buy from you later, and how much competing supply completes at the same time.

See our new launch reviews for projects we have analysed this way.

A new launch condo may be considered overpriced if the entry price significantly exceeds nearby resale benchmarks, future resale demand is uncertain or the projected upside does not justify the risk and holding costs.

At David & Audrie Properties, David & Audrie use the L.E.X Method to evaluate location quality, entry price positioning and future exit demand before recommending a project.

Their approach focuses on helping buyers understand whether they are buying into sustainable long-term demand or simply paying a premium driven by short-term market hype.

Balloting for a new launch condo may provide access to early pricing and wider unit selection, but post-launch units can sometimes offer better clarity, less competition and opportunities to secure undervalued layouts after market reactions settle.

Using the L.E.X Method, David & Audrie Properties helps buyers evaluate location quality, entry price and future exit demand before deciding whether to enter during launch or consider post-launch opportunities.

David & Audrie’s approach focuses on buying with clarity and strategy rather than rushing into highly competitive launches without a proper property roadmap.

A new launch condo is generally easier to exit in future when it has strong location fundamentals, sustainable entry pricing, good connectivity, nearby amenities, future demand drivers and a target buyer pool that remains active over time.

At David & Audrie Properties, David & Audrie focus heavily on exit strategy before purchase. Using the L.E.X Method, they help buyers evaluate who the future buyers or tenants are likely to be, whether the project has long-term demand and how the property fits within the broader Singapore property market transformation plans.

Their approach focuses on reducing future exit risks while helping buyers position themselves for stronger long-term property decisions.