At or below $1 million: 315 resale 2 bedroom condos in 2025, and no new launches

In 2025, 315 of the 8,646 2 bedroom condominium sales in URA caveat data were at or below $1 million. All 315 were resales: 5 in the core central region (CCR), 50 in the rest of central region (RCR) and 260 in outside central (OCR). None of the 4,537 new-launch 2 bedrooms sold in 2025 was at or below $1 million, in any region. What a 2 bedroom costs, what it rents for, its rental yield and how big it is are covered in the 2 bedroom condo guide.

The median resale 2 bedroom price was $1,125,000 in 2017 and $1,439,500 in 2025, as given in the note on what a 2 bedroom costs. This note is for buyers looking for a 2 bedroom condominium at or below $1 million: how many still sell, where, and what they get for the money.

In 2017, 2,563 of the 6,487 2 bedroom sales were at or below $1 million, and 1,385 of them were new launches: 521 in the RCR and 864 in the OCR. In the OCR in 2017, 67% of new-launch 2 bedroom sales (864) and 67% of resales (862) were at or below $1 million. In 2025, 13% of OCR resales (260) were.

What the money buys has shrunk. In the OCR, the median resale 2 bedroom at or below $1 million was 926 sqft in 2017, in a project completed around 2005, at $918 per square foot. In 2025 it was 700 sqft, in a project completed around 2015, at $1,342 per square foot. The 315 resales in 2025 were in 101 projects, 69 of them in the OCR. The ten projects with the most such sales in the 12 months to August 2026 are in the section on projects.

What is in this note

• How many 2 bedroom condos still sell at or below $1 million?: sales by region and year from 2017 to 2025, new launch and resale.
• What size and age is a 2 bedroom resale at or below $1 million?: median price, size, price per square foot, age at sale and freehold share, 2017 to 2025.
• Which projects sold the most 2 bedrooms at or below $1 million?: the ten projects with the most sales in the 12 months to August 2026.
• How many resales sold at or below $900,000, and at lower prices?: resales at each lower price, by region, in 2017 and 2025.
• How many sold from January to August 2026?: counts for the partial year, shown for reference.

How many 2 bedroom condos still sell at or below $1 million?

Sales of 2 bedrooms at or below $1 million in the core central region (CCR), the rest of central region (RCR) and outside central (OCR), by year, new launch and resale. The figure in brackets is the share of all 2 bedroom sales of the same kind (new launch or resale) in that region and year.

• CCR new launch
• RCR new launch
• OCR new launch
• CCR resale
• RCR resale
• OCR resale

New launch

Year	CCR	RCR	OCR
2017	0 (0%)	521 (29%)	864 (67%)
2018	0 (0%)	209 (12%)	723 (63%)
2019	0 (0%)	103 (6%)	666 (53%)
2020	0 (0%)	115 (6%)	585 (37%)
2021	0 (0%)	4 (0%)	250 (13%)
2022	0 (0%)	0 (0%)	14 (2%)
2023	0 (0%)	0 (0%)	0 (0%)
2024	0 (0%)	0 (0%)	0 (0%)
2025	0 (0%)	0 (0%)	0 (0%)

Resale

Year	CCR	RCR	OCR
2017	9 (1%)	307 (32%)	862 (67%)
2018	8 (1%)	274 (26%)	939 (62%)
2019	13 (3%)	141 (21%)	594 (64%)
2020	4 (1%)	165 (23%)	739 (65%)
2021	7 (1%)	281 (18%)	1,467 (60%)
2022	7 (1%)	153 (13%)	898 (45%)
2023	1 (0%)	101 (9%)	434 (27%)
2024	1 (0%)	99 (7%)	375 (19%)
2025	5 (1%)	50 (3%)	260 (13%)

New launches closed first. The CCR had no new-launch 2 bedroom at or below $1 million in any of the 9 years. The RCR had 521 in 2017, four in 2021 and none from 2022. In the OCR, 67% of new-launch 2 bedroom sales (864) were at that price or lower in 2017, then 63% in 2018, 53% in 2019, 37% in 2020, 13% in 2021 and 2% in 2022 (14 sales). From 2023 to 2025 no new-launch 2 bedroom in any region sold at that price or lower.

Resales are where every 2 bedroom at or below $1 million now sells. In the OCR, 60% to 67% of 2 bedroom resales were at that price or lower each year from 2017 to 2021, then 45% in 2022, 27% in 2023, 19% in 2024 and 13% in 2025. The OCR count was 1,467 in 2021 and 260 in 2025. In the RCR the share was 32% in 2017 and 3% in 2025. In the CCR it was never above 3% in any year from 2017 to 2025.

What size and age is a 2 bedroom resale at or below $1 million?

Median price, floor area, price per square foot, age at sale and the share of sales in freehold projects (the rest were in leasehold projects), for the 2 bedroom resales that sold at or below $1 million, in the rest of central region (RCR) and outside central (OCR). The core central region (CCR) is not tabulated: it had between 1 and 13 such resales in each year from 2017 to 2025.

• RCR resale median size
• OCR resale median size

OCR resales at or below $1 million

Year	Median price	Median size	Price per square foot	Age at sale	Sales in freehold projects
2017	$830,000	926 sqft	$918	12 years	13%
2018	$850,000	893 sqft	$975	6 years	12%
2019	$850,000	893 sqft	$963	7 years	11%
2020	$840,000	872 sqft	$990	6 years	9%
2021	$858,000	850 sqft	$1,023	7 years	9%
2022	$900,000	786 sqft	$1,140	7 years	9%
2023	$938,000	753 sqft	$1,256	8 years	9%
2024	$950,000	700 sqft	$1,307	9 years	9%
2025	$950,000	700 sqft	$1,342	10 years	5%

RCR resales at or below $1 million

Year	Median price	Median size	Price per square foot	Age at sale	Sales in freehold projects
2017	$900,000	829 sqft	$1,090	9 years	58%
2018	$910,000	797 sqft	$1,161	6 years	65%
2019	$910,000	797 sqft	$1,142	10 years	57%
2020	$915,000	775 sqft	$1,164	8 years	48%
2021	$906,800	678 sqft	$1,324	8 years	59%
2022	$920,000	624 sqft	$1,438	8 years	58%
2023	$930,000	581 sqft	$1,530	9 years	71%
2024	$950,000	581 sqft	$1,617	10 years	68%
2025	$927,500	560 sqft	$1,600	11 years	76%

In the OCR, the median price of a 2 bedroom resale at or below $1 million was $830,000 in 2017 and $950,000 in 2025, the median size fell from 926 to 700 sqft and the median price per square foot rose from $918 to $1,342. In the RCR, the median price was $900,000 in 2017 and $927,500 in 2025, the median size fell from 829 to 560 sqft and the median price per square foot rose from $1,090 to $1,600. How a median price can stay nearly still while what sold at that price changes is covered in the note on how to measure property price growth.

In the OCR, the median 2 bedroom resale at or below $1 million was in a project completed around 2005 in 2017 and around 2015 in 2025. The share of those sales in freehold projects was 13% in 2017 and 5% in 2025 in the OCR, and 58% in 2017 and 76% in 2025 in the RCR.

Which projects sold the most 2 bedrooms at or below $1 million?

In the 12 months to August 2026, 257 2 bedrooms sold at or below $1 million in 96 projects: 63 projects in outside central (OCR), 30 in the rest of central region (RCR) and 3 in the core central region (CCR). The ten projects with the most such sales are in the table, ranked by count; all ten are in the OCR. Where two projects tie, the project whose 2 bedroom resales were more often at or below $1 million ranks higher.

#	Project	Tenure	Completed	Sales at or below $1m	Share of its 2 bedroom resales at or below $1m	Median price	Median size	Price per square foot
1	Melville Park	99-yr from 1992	1996	18	100.0%	$924,500	958 sqft	$963
2	Kingsford Waterbay	99-yr from 2014	2018	11	47.8%	$952,000	678 sqft	$1,437
3	Orchid Park Condominium	99-yr from 1991	1994	10	90.9%	$969,000	958 sqft	$1,023
4	Parc Rosewood	99-yr from 2011	2014	9	81.8%	$865,000	603 sqft	$1,360
5	Urban Vista	99-yr from 2012	2016	9	64.3%	$915,000	560 sqft	$1,626
6	High Park Residences	99-yr from 2014	2019	9	32.1%	$962,000	581 sqft	$1,632
7	Treasure at Tampines	99-yr from 2018	2023	9	15.8%	$960,000	581 sqft	$1,638
8	Hedges Park Condominium	99-yr from 2010	2015	8	72.7%	$956,500	764 sqft	$1,247
9	Parc Olympia	99-yr from 2012	2015	8	57.1%	$857,500	651 sqft	$1,301
10	Casa Cambio	Freehold	2014	7	87.5%	$868,000	495 sqft	$1,753

Orchid Park Condominium (completed 1994) and Melville Park (completed 1996) each have a median size of 958 sqft, at $1,023 and $963 per square foot. The other eight projects were completed from 2014 to 2023, with median sizes from 495 to 764 sqft and median prices per square foot from $1,247 to $1,753.

A project that is not in the table sold 7 or fewer 2 bedrooms at or below $1 million in that period. The table counts sales, so it does not show which units are for sale now.

Among projects with at least five such sales in the 12 months to August 2026, Millage in the RCR, a freehold development completed in 2016, had the lowest median price: six 2 bedrooms sold at a median $812,500 and a median 506 sqft.

How many resales sold at or below $900,000, and at lower prices?

2 bedroom resales at or below each price, in the core central region (CCR), the rest of central region (RCR) and outside central (OCR), with the share of all 2 bedroom resales in that region in brackets. New launches are not tabulated: none sold at or below $1 million in 2025, so none sold at any lower price either.

2025

Region	All 2 bedroom resales	At or below $1m	At or below $900k	At or below $800k	At or below $700k	At or below $600k
CCR	685	5 (0.7%)	2 (0.3%)	0	0	0
RCR	1,461	50 (3.4%)	21 (1.4%)	9 (0.6%)	0	0
OCR	1,963	260 (13.2%)	65 (3.3%)	3 (0.2%)	0	0

2017

Region	All 2 bedroom resales	At or below $1m	At or below $900k	At or below $800k	At or below $700k	At or below $600k
CCR	802	9 (1.1%)	3 (0.4%)	1 (0.1%)	0	0
RCR	961	307 (31.9%)	156 (16.2%)	66 (6.9%)	26 (2.7%)	8 (0.8%)
OCR	1,284	862 (67.1%)	652 (50.8%)	309 (24.1%)	55 (4.3%)	1 (0.1%)

At or below $900,000, the OCR had 652 resales in 2017, 51% of the region's 2 bedroom resales, and 65 in 2025, 3%. In the RCR the count at or below $900,000 went from 156 to 21, and in the CCR from 3 to 2. At or below $800,000, the OCR went from 309 to 3 and the RCR from 66 to 9. At or below $700,000, the RCR had 26 and the OCR 55 resales in 2017, and none in 2025. At or below $600,000, the RCR had 8 and the OCR 1 in 2017, and none in 2025.

How many sold from January to August 2026?

2 bedroom sales at or below $1 million from January to 23 August 2026 in the core central region (CCR), the rest of central region (RCR) and outside central (OCR), with the share of all 2 bedroom sales of the same kind in brackets.

Year	Sale type	CCR	RCR	OCR
2026†	New launch	0 (0%)	0 (0%)	0 (0%)
2026†	Resale	2 (1%)	34 (4%)	131 (11%)

Of the 131 OCR resales at or below $1 million, 28 were at or below $900,000 and 1 was at or below $800,000. In the RCR the counts at those two prices were 14 and 6, and in the CCR there were none at either price. No resale in any region was at or below $700,000.

What this tells you

In 2025, 315 2 bedroom resales sold at or below $1 million: 260 in outside central (OCR), 50 in the rest of central region (RCR) and 5 in the core central region (CCR). No new-launch 2 bedroom in any region sold at that price in 2025, and none in the OCR in 2023 or 2024; in 2017, 67% of new-launch 2 bedroom sales in the OCR (864) were at or below that price. Of resales in 2025, 13% in the OCR and 3% in the RCR were at or below that price, and in the CCR no more than 3% were in any year from 2017 to 2025.

The median size of an OCR resale at or below that price fell from 926 sqft in 2017 to 700 sqft in 2025, while the median price per square foot rose from $918 to $1,342, and the median such resale was in a project completed around 2005 in 2017 and around 2015 in 2025. In the RCR the median size fell from 829 to 560 sqft.

At or below $900,000, the OCR had 652 resales in 2017 (51% of the region's 2 bedroom resales) and 65 in 2025 (3%), the RCR went from 156 to 21 and the CCR from 3 to 2. In 2025, 3 OCR and 9 RCR resales were at or below $800,000, and no resale in any region was at or below $700,000.

The 315 resales at or below $1 million in 2025 were in 101 projects. In the 12 months to August 2026, 257 2 bedrooms sold at or below $1 million in 96 projects, and the ten projects with the most such sales are all in the OCR, nine of them leasehold.

From January to 23 August 2026†, a partial year shown for reference and not compared with full years, 131 OCR resales, 34 RCR resales and 2 CCR resales were at or below $1 million, and no new-launch 2 bedroom in any region was.

What this does not tell you

• The figures count sales that were recorded. They do not show which 2 bedrooms are for sale now, and no unit is listed in this note.
• "At or below $1 million" is the price paid, before stamp duties, fees and renovation. It does not say what a buyer could borrow.
• Each median describes the middle sale for its region and year. Sales at or below $1 million include units both larger and smaller than the median.
• 2026† is a partial year, January to 23 August 2026, shown for reference. It is not compared with full years.

Method and data notes. Sale data to 23 August 2026.

URA caveat data for private condominiums and apartments, live records only, collective sales excluded, with bedroom count resolved from the unit record. New launch means new sale; resale excludes sub-sales. A sale counts as at or below a price when its price is at or below that figure, so each price includes the sales at every lower price. Shares are of all 2 bedroom sales of that kind in that region and year. Regional figures use the market segment recorded on the caveat; the project table uses each project's own region, and sixteen of the 315 sales in 2025 are in fringe-district projects whose region differs from their caveat's segment, in both directions. The project table covers the 12 months to August 2026, the most recent year a buyer can act on, and ranks by count with ties broken by the share of the project's 2 bedroom resales at or below $1 million; project medians are shown only where a project had at least five such sales. Age at sale is the sale year less the project's completion year. Totals across regions are sums of the regional figures. The class of unit records with more than 1,000 sqft per claimed bedroom, defined in the Method of the note on 2 bedroom rental yield, contains no sale at or below $1 million in this window, so excluding it leaves every count at or below $1 million unchanged and reduces only the total that each share is taken over. 2026† is a partial year, January to 23 August 2026, shown as counts and shares as recorded and not scaled. During verification for this note, two units labelled as 2 bedrooms in the data were found on floor-plan review not to be; they are recorded for correction and, until corrected, affect five printed figures by at most one sale or a few hundred dollars. Sale data to 23 August 2026.

30 October 2026. This note placed homes in market segments by postal district. URA places them by planning area, which moves about one in seven private sales between regions. The figures by region here use the earlier segments and differ from what the same records give now. How regions are set: How we measure prices and sales.