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Rising land bids push new condo prices into focus – will S$3,000 psf be a new normal?

While the S$3,000 psf range is typical for new condos in or just outside the prime Core Central Region (CCR), average prices of Rest of Central Region (RCR) projects such as The Orie in Toa Payoh and Penrith in Queenstown hovered near the S$2,800 psf mark in 2025.

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