Should I sell Sceneca Square

Sceneca Residence, a 99-year leasehold condominium in District 16 at Tanah Merah Kechil Link with TOP expected in Q2 2027, has shown price stability and strong demand, making it potentially unwise to sell now unless you have urgent personal needs.

Recent transaction data over the last 12 months indicates sale prices ranging from $1,896 psf to $2,341 psf, averaging around $2,062 psf, with the project 98.9% sold since its January 2023 launch. Current listings for larger 4-bedroom units are at $2,160 psf, reflecting steady buyer interest amid a robust 2026 residential market. The nearby commercial component, Sceneca Square, was recently acquired for $64 million ($3,161 psf on net lettable area), signaling ongoing investor confidence in the Tanah Merah-Bedok area with amenities like MRT access, groceries, and East Village mall.

Holding could allow appreciation as the project nears completion, given its breakeven costs of $1,480–$1,540 psf and launch prices starting from $1,896 psf. Check EdgeProp Singapore for your unit's specifics, recent comparables, and rental yields to assess personally—factors like your purchase price, financing, and market timing matter most.