The Core Central Area (CCR) property market confirmed renewed energy over the weekend of July 19 – 20, with greater than 300 models offered throughout two extremely anticipated launches: UpperHouse at Orchard Boulevard and The Robertson Opus at Robertson Quay. The 2 luxurious tasks achieved stable gross sales momentum regardless of cautious market sentiment in latest months, recording a median worth of round S$3,350 per sq. foot (psf).
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UpperHouse at Orchard Boulevard: A robust 54% take-up within the CCR
UpperHouse, a 301-unit venture collectively developed by UOL Group and Singapore Land Group, emerged as one of the profitable CCR launches in recent times. By 6 pm on launch day, the venture had offered 162 models, representing a take-up charge of 53.8%. This robust demand got here after two weekends of personal previews and alerts that patrons stay longing for well-positioned properties in Singapore’s prime districts.
Positioned on the junction of Grange Highway and Orchard Boulevard, the 99-year lease UpperHouse sits proper within the coronary heart of District 10 and enjoys direct entry to the Orchard Boulevard MRT Station on the Thomson-East Coast Line. For households, the venture’s location inside 1km of River Valley Main Faculty offers an extra draw, as this faculty stays one of the sought-after in central Singapore.
Launch worth at UpperHouse @ Orchard Boulevard
The venture has been positioned as a luxurious but accessible entry level into the Orchard precinct. With a median worth of S$3,350 psf, UpperHouse gives aggressive quantum pricing in comparison with different high-end launches close by. Smaller models, such because the 1-bedroom plus research, begin from S$1.4 million, making it a gorgeous possibility for each first-time CCR patrons and buyers. The two-bedroom premium plus research models have been essentially the most desired throughout launch. With 60 out of 67 models snapped up, the costs vary from S$2.34 million to S$2.72 million (or S$3,060 to S$3,560 psf).
Almost all 3-bedroom models have been offered at costs starting from S$3.269 million to S$3.781 million, or S$3,230 to S$3,736 psf. In the meantime, one-third of the 4-bedroom models from the Bespoke Assortment have been additionally taken up. Notably, a high-floor unit with a personal elevate and a personal carpark on this assortment fetched S$7.66 million or S$3,724 psf.
The venture is the best-selling CCR growth since The M was launched in 2020. Based on Anson Lim, UOL’s senior normal supervisor of residential advertising and marketing, the success of UpperHouse displays its mixture of environment friendly layouts, prestigious handle, and enticing quantum pricing.
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The Robertson Opus: Uncommon 999-year luxurious venture offered 143 models
Whereas UpperHouse captured consideration close to Orchard, The Robertson Opus made its mark within the Robertson Quay space. Developed by Frasers Property and Sekisui Home, the Robertson Stroll redevelopment venture offered 143 out of its 348 models on the launch weekend. The gross sales translate to a take-up charge of 41%. The Robertson Opus’s pricing averaged S$3,360 psf, practically an identical to UpperHouse regardless of the near-freehold tenure.
The Robertson Opus stands out as the one 999-year leasehold venture launched in CCR this 12 months, including to its rarity and enchantment. The event is designed as a mixed-use enclave, with retail and eating areas built-in into the bottom flooring and basement. The residential portion spans 5 low-rise blocks, organized round a landscaped courtyard for a tranquil but city way of life.
The Robertson Opus launch worth
Costs at The Robertson Opus begin from S$1.37 million for a 431 sqft studio unit, with 1-bedders priced from S$1.58 million. 2-bedroom and 2-bedroom plus research models, which made up a good portion of gross sales, have been priced between S$2.17 million and S$2.63 million, translating to about S$3,149 to S$3,540 psf.
Bigger houses additionally carried out properly throughout launch, with the Legacy Assortment of 3- and 4-bedroom premium models seeing sturdy demand. Of the 27 3-bedroom premium models, 26 have been offered at costs starting from S$3.7 million to S$4 million, whereas eight out of 9 4-bedroom premium models have been taken up, priced between S$5.15 million and S$5.39 million.
Learn extra: How The Robertson Opus compares with different new launches and close by older tasks [Price Analysis]
Frasers Property attributes the robust displaying to a mixture of prosperous professionals, each native and worldwide, who worth long-term possession in a extremely coveted space. About 83% of patrons are Singaporeans, with 16% everlasting residents, primarily from China and Indonesia. The remaining 1% is from america and Switzerland.
Proximity to Fort Canning MRT Station, the Singapore River, and River Valley Main Faculty (inside 1km) have been key promoting factors that resonated with each households and buyers.
Why CCR houses are gaining momentum
The stable turnouts of those two launches spotlight a key market pattern: the narrowing worth hole between CCR and Remainder of Central Area (RCR) tasks. Based on Huttons Asia, the median psf worth hole between CCR and RCR houses has dropped from 56.5% in 2018 to only 1.9% within the first half of 2025. This implies patrons can now safe prime addresses at costs not removed from upscale RCR launches.
With costs benchmarked round S$3,000 psf, new 99-year leasehold CCR condos may very well be very enticing to patrons.
Notably for The Robertson Opus and UpperHouse, these tasks are seen as competitively priced entries even towards their very own CCR phase. For comparability, close by luxurious tasks have transacted at a lot greater costs. Freehold Park Nova on Tomlinson Highway recorded gross sales averaging S$6,150 psf, whereas Boulevard 88 resale models averaged S$4,200 psf. Even the 99-year leasehold Cuscaden Reserve has seen resale models commerce above S$3,100 psf in early 2025.
Upcoming launches within the Core Central Area
The robust efficiency of UpperHouse and The Robertson Opus is prone to set the tone for upcoming CCR launches in 2025. River Inexperienced, which is presently in its preview part at River Valley, would be the subsequent main venture to observe, with gross sales bookings set to start on August 2. One other extremely anticipated growth, Skye at Holland, is predicted to launch within the second half of 2025, additional including to the luxurious choices within the CCR phase.
With restricted land provide and sustained purchaser curiosity, these upcoming launches may proceed the momentum seen in July. Patrons who act early should still safe aggressive entry costs earlier than new launches set greater benchmarks.
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