Singapore’s first private condominium in Tengah New Town was nearly sold out on its launch weekend, with 853 of 863 units snapped up by the afternoon of Apr. 26.
Citing Hong Leong Holdings, The Straits Times (ST) reported that Tengah Garden Residences, a 99-year leasehold development jointly developed by Hong Leong Holdings, GuocoLand and CSC Land Group, achieved a take-up rate of 98.8 per cent by 3pm that Sunday.
Units were sold at an average price of S$2,120 per sq ft.
The 10 remaining units were of the largest configuration — the four-bedroom premium with yard.
According to the developer, over 90 per cent of the buyers were Singaporeans.
Strongest launch in over a year
According to the CEO of Huttons Asia, Mark Yip, the near sell-out makes the condo the best-selling launch of 2026 by number of units sold, ST reported.
It is also the strongest condo launch since ParkTown Residences in February 2025, which moved 87 per cent of its units on launch day.
According to Edgeprop, by take-up rate, it matched Skye at Holland in October 2025, which also sold 98.8 per cent of its 666 units at launch.
The development drew around 2,000 expressions of interest during its preview period.
At a private preview for VIP buyers on Apr. 24, the day before its public launch, about 437 units, or 50.6 per cent, were sold.
Pricing and location
According to ST, Betsy Chng, head of sales and marketing at Hong Leong Holdings, said the strong response reflected buyer confidence in Tengah as an emerging residential precinct.
“Buyers were drawn by the project’s attractive pricing across a broad spectrum, as well as its integrated amenities within a new growth area,” she said.
Tengah Garden Residences comprises 863 units across nine 16-storey towers, ranging from one- to four-bedroom apartments.
Indicative prices start from S$980,000 (S$2,025 per sq ft) for one-bedroom units, S$1.11 million (S$1,779 per sq ft) for two-bedders, S$1.588 million (S$1,993 per sq ft) for three-bedders, and S$2.288 million (S$2,025 per sq ft) for four-bedders.
According to Edgeprop, Yip noted that with most units priced below S$2.5 million and two-bedroom units starting near executive condominium launch prices, the project was likely among the most attractively priced private residential launches of 2026.
The development is located near the upcoming Hong Kah MRT station on the Jurong Region Line, expected to open in 2029, and is within proximity of Nanyang Technological University and the upcoming Anglo-Chinese Primary School, ST reported.
Its facilities include two clubhouses, a children’s clubhouse, a gym, function rooms, and multiple sports and recreational amenities.
HDB upgraders
Property analysts pointed to HDB upgraders in the west as a significant source of demand.
Nicholas Mak, chief research officer at Mogul.sg, noted that around 13,600 HDB flats in the western region are reaching the end of their five-year minimum occupation period, creating a pipeline of potential private property buyers, ST reported.
Marcus Chu, CEO of ERA Singapore, added that Tengah is expected to yield more than 30,000 HDB flats in total, forming a substantial pool of future upgraders.
As one of the earliest private developments in the area, Tengah Garden Residences is well placed to benefit from that demand as the town matures, he said.
Top photo from Tengah Garden Residences’ website
