Best New Launch Condos $1M-$1.5M Singapore 2026 — Ranked Mid-Bracket
The $1M-$1.5M new launch condominium bracket is where most HDB upgraders and DINK couples meet the market in 2026. This bracket covers the upper end of 1-bedroom and the lower end of 2-bedroom configurations across active launches.
By Alvin Tan, CEA R072324C, ERA Realty Network L3002382K.
Top 10 new launches with $1M-$1.5M units (2026)
- Tengah Garden Residences (TGR) – 1BR + smaller 2BR fall in this bracket. JRL+CRL connectivity. TGR pricing →
- Vela Bay (Bayshore) – 1BR + 2BR within bracket. 70% sea-facing. Vela Bay floor plan →
- Pinery Residences (Tampines St 94) – 1BR + smaller 2BR.
- Lucerne Grand – 1BR + smaller 2BR. JLD second CBD play.
- Hudson Place Residences – 1BR + smaller 2BR. One-North premium catchment.
- Canberra Crescent EC – all 1BR+ in bracket. EC framework.
- Tampines St 95 EC – all 1BR + small 2BR in bracket.
- Rivelle Tampines – 1BR + small 2BR.
- Thomson Reserve – smaller 1BR stacks within bracket.
- Narra Residences – 1BR within bracket.
How to choose within this bracket
- HDB upgrader (income-cap eligible): ECs (Canberra Crescent, Tampines St 95) compute best – HDB CPF Housing Grant + EC pricing typically saves $80K-$150K total.
- DINK couple, work in CBD: Hudson Place or Lucerne Grand – higher psf but premium districts and superior MRT/amenity.
- Investor: Vela Bay or Lucerne Grand – master-plan tailwinds + decent yield projection.
- Family with school priority: Hudson Place (One-North 1km schools) or Lucerne Grand.
FAQ — $1M-$1.5M new launch
What’s the typical 2-bedroom entry in this bracket?
2-bedroom 700-740sqft units in heartland districts (Tengah, Canberra, Tampines St 94/95) typically enter at $1.45M-$1.55M. Premium-district 2-bedrooms exceed $1.55M.
Does this bracket include EC and private?
Both. ECs (income-cap eligible) at $1.4M-$1.7M typical entry; private 1-bedroom $1M-$1.4M.
Is this a good entry quantum for first-time buyers?
Yes – it’s the most common HDB-upgrader / first-time-private-buyer bracket in 2026.
What about resale liquidity at exit?
Strong across this bracket – $1M-$1.5M is the deepest resale demand band in Singapore for private new launches.
Can I get all the floor plans before deciding?
Yes – WhatsApp Alvin Tan at +65 8488 8648 for the floor-plan packs of all 10 launches in this bracket.
Last updated: 4 May 2026. ERA Realty Network L3002382K.
???? Get a Free Property Valuation from Alvin
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