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Bigger is Better: 7 Spacious Condos in Singapore You Can Buy With 2 to 4 million  

Eugenia Liew
Bigger is Better: 7 Spacious Condos in Singapore You Can Buy With 2 to 4 million   
According to PropertyGuru’s Singapore Property Market Index Q3 2021, there was a recent spike in the number of transactions of over $2 million in the last quarter, with such purchases making up 27.5% of all private residential property transactions. Transactions of above $2 million usually make up only about 20% of total transactions.
20.3% of these transactions fell into the $2 million to $4 million range, a segment likely to be composed of mass market buyers keen to purchase more spacious properties rather than luxury home purchasers.

Why are More Buying Larger Private Properties in Singapore?

The pandemic appears to have increased property buyers’ appetite for space. As working or schooling from home becomes more common, residents are spending increasing amounts of time at home. More than before, a lack of space can have a negative impact on productivity and mental well-being.
People are also spending more of their leisure time at home. Current COVID-19 measures restrict activities like dining out and residents are still unable to go on overseas holidays, which makes the prospect of having a spacious home more attractive.
As such, buyers are looking at layouts with extra space, be it a study or spare bedroom. For example, two-bedders with a study, or even three- or four-bedroom units.

Condos Between $2 to $4 Million You Can Buy in Singapore

Thinking of buying a bigger home? Here is a selection of non-landed private properties you can get for $2 million to $4 million.
Property
Unit type
The Sail @ Marina Bay Sands
1-bedroom, 2-bedroom, 3-bedroom, 4-bedroom
The Line @ Tanjong Rhu
3-bedroom
The Interlace
3-bedroom, 4-bedroom
The Oceanfront @ Sentosa Cove
2-bedroom, 3-bedroom, 4-bedroom
Lakeville
4-bedroom, 5-bedroom
Heron Bay
4-bedroom, 5-bedroom
NEWest
4-bedroom, 5-bedroom
With a budget like $2 million to $4 million, you have quite a lot of options. If you prefer luxury projects with a prestigious address, you can consider The Sail @ Marina Bay Sands or The Oceanfront @ Sentosa Cove. $2 million will get you a small unit, but $4 million should be enough for a 3- or 4-bedder too.
If space is your concern and you want the most value, you can find 3- to 4-bedders in the suburbs closer to $2 million. For example, Lakeville, Heron Bay and NEWest, which are in the Outside Central Region (OCR).
Disclaimer: This is not an exhaustive list, but a selection of certain projects with units priced within the $2 to $4 million budget. For more properties for sale, you may do a search on PropertyGuru using our price filters.

The Sail @ Marina Bay

Luxury condo The Sail @ Marina Bay offers residents the chance to live in the heart of the business district, a stone’s throw from iconic landmarks such as Marina Bay Sands, Gardens by the Bay and Lau Pa Sat.
Located on Marina Boulevard just a 3-minute walk from Downtown MRT, 3-minute walk from Raffles Place MRT and 6-minute walk from the upcoming Shenton Way MRT, which opens next year, the property offers unparalleled convenience for those who work and play in the city centre.
Some one-bedroom units at the 99-year leasehold condo, which received its Temporary Occupation Permit (TOP) in 2008, are available for about $2,000,000, while certain 4-bedroom units are available for about $3,350,000 to $3,800,000.

The Line@Tanjong Rhu

The Line@Tanjong Rhu enjoys a scenic location on the city fringe. Located in the sought-after East Coast / Marine Parade area, the condo is just three minutes away (by foot) from the upcoming Katong Park MRT station on the Thomson-East Coast Line, opening in 2024, and 12 minutes away from Mountbatten MRT on the Circle Line.
The freehold condo is a short distance from scenic East Coast Park and Gardens By The Bay East. The city centre can be reached in minutes via the East Coast Parkway (ECP), and even via bicycle thanks to park connectors.
3-bedroom apartments are currently available on the resale market for about $2,200,000 to $3,240,000.

The Interlace

The Interlace’s striking architectural design, visible from the Ayer Rajah Expressway (AYE), has made it one of the most recognisable residences in Singapore.
Located on Depot Road, the 99-year leasehold, 2013 condo is ideal for residents who use private transport, as it is located very near the AYE. The nearest MRT station is Labrador Park, located about a 21-minute walk away.
The Interlace is positioned right next door to green spaces such as the Southern Ridges and HortPark. It also enjoys easy access to popular amenities like IKEA Alexandra and sports apparel hotspot Queensway Shopping Centre.
3-bedroom apartments are currently priced at about $2,250,000 to $3,900,000, while there are 4-bedroom units available for $2,888,888 to $3,999,999.
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Tip: Shopping for a new home? Then it’s time to work out a feasible budget and compare home loan interest rates. For more personalised advice, PropertyGuru Finance’s home finance advisors can help (and for free, too!).

The Oceanfront @ Sentosa Cove

With a budget of over $2 million, living in the exclusive Sentosa Cove enclave is within reach. The resort-like Oceanfront @ Sentosa Cove offers residents breathtaking views of the sea and/or the marina, making every day a holiday.
The 99-year leasehold, 2010 condo development is located on Ocean Drive on the east coast of Sentosa Island, close to the chic restaurants and bars at Quayside Isle. The beaches and entertainment options on Sentosa Island are a quick drive away, while the rest of mainland Singapore is accessible via Harbourfront.
2-bedroom apartments at The Oceanfront @ Sentosa Cove are available for $2,000,000 to $2,600,000. On the other end of the scale, there are 4-bedroom apartments priced at $3,680,000 to $3,999,999.

Lakeville

Situated in the scenic Jurong Lake area, Lakeville is a 99-year leasehold, 2018 condo located at Jurong Lake Link, just a 7-minute walk from Lakeside MRT and 12-minute walk from Chinese Garden MRT, both on the East West Line.
The condo enjoys proximity to Jurong Lake Gardens, and is also a short ride from the Jurong East commercial district, home to popular malls like JCube, Jem and Westgate.
There are 4-bedroom apartments currently available for $2,028,000 to $2,850,000, while available 5-bedroom apartments are currently in the $2,400,000 to $2,498,000 price range.

Heron Bay

Located at Upper Serangoon View in the Buangkok area, Heron Bay is a 99-year leasehold, 2016 condo offering attractive per square foot prices of under $1,000.
The condo is strategically located near Punggol Park and the Serangoon Park Connector, which runs along the river leading to Punggol Promenade Riverside Walk and Coney Island Park, making it ideal for those who wish to live close to nature.
4-bedroom units are currently available in the $2,180,000 to $2,500,000 range, while certain 5-bedroom units are priced at $2,388,000 to $2,500,000. Many of these have special features such as dual-key, two-storey configurations and/or penthouse layouts.

NEWest

This 999-year leasehold development offers buyers the chance to own the equivalent of freehold property in the popular West Coast area. Other than apartments, the development is also composed of cluster houses, which combine the experience of living on landed property with the convenience of shared condo facilities.
Located on West Coast Drive in the West Coast / Clementi area, NEWest is ideal for those working or studying at the nearby National University of Singapore. The nearest MRT station Clementi is about a 24-minute walk or a short bus ride away.
4-bedroom apartments and cluster houses at NEWest are currently available for $2,318,888 to $3,650,000. There are also a few 5-room units going for $2,380,000 to $2,500,000.

More FAQs about Buying Private Property in Singapore

Where Can You Find Private Property for Sale in Singapore?

PropertyGuru has one of Singapore’s most extensive databases of private property for sale.

Can Foreigners Buy Private Property in Singapore?

Foreigners are allowed to buy non-landed private property in Singapore. Approval must be sought from the Land Dealings Approval Unit (LDAU) to buy landed property.

How Much Does Private Property Cost in Singapore?

Condo unit prices start from about $500,000.
For more property news, resources and useful content like this article, check out PropertyGuru’s guides section.
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Featured image for illustration purposes only.
This article was written by Joanne Poh. A former real estate lawyer, she writes about property and personal finance and spends her free time compulsively learning languages and roller skating in carparks.