3 Undervalued Luxury Projects in Singapore You Must Know
- Undervalued luxury projects trade below comparable developments despite strong fundamentals.
- Value often hides in older freehold projects, low-density blocks or better layouts.
- Verify 'undervalued' against recent transactions, not marketing claims.
Singapore's luxury property market is hiding gems that could pay off — but only if you act before they're gone. Here are three projects that are undervalued, overlooked or misunderstood, and why they're smart bets for 2025.
1. The Orie (Toa Payoh)
CDL, Frasers and Sekisui House; 99-year; 777 units; $2,476–$3,044 psf (avg $2,704 at launch); 86% sold (668 units) at its January 2025 launch. Why undervalued? It's Toa Payoh's first new launch in nine years (the last was Gem Residences in 2016), creating pent-up demand; priced ~10% below neighbouring Bishan projects; a 5-minute walk to Braddell MRT and Toa Payoh Hub; with URA Master Plan upgrades and the Cross Island Line ahead. A strong rental play with a Green Mark Platinum, origami-inspired design.
2. Parktown Residence (Tampines North)
UOL, CapitaLand and Singapore Land; 99-year; 1,195 units; $1,816–$3,056 psf (avg $2,200); 87% sold at its February 2025 launch. This mixed-use development (residential, retail, community) is priced ~12% below mature Tampines condos. Tampines North's masterplan adds 20,000+ residents, parks and a polyclinic, and the Cross Island Line (2030) will lift yields. Future-proof — Singapore's next growth corridor.
3. Aurea at Golden Mile
Far East, Sino Land and Perennial; 99-year; ~$2,750 psf — cheaper than Marina Bay Sands' new units ($2,900–$4,000+), about 6% below Canninghill Piers (S$2,934) and 13% below Union Square Residences (S$3,175). A heritage-meets-luxury project in the Downtown Core, next to Marina Bay Sands' $8B expansion (570 suites, an arena) that will draw corporate tenants. A legacy asset whose value should rise as Golden Mile revives.
Identifying undervalued luxury requires reading market dynamics, future infrastructure and intrinsic attributes — these three are cases where current pricing doesn't fully reflect potential value.