What is the cheapest price psf for a new launch now?

For new launches in the Singapore real estate market, here are some of the recent and upcoming projects with their average prices per square foot (psf):

Executive Condominiums (ECs)

• Novo Place EC, which was recently launched, achieved an average price of $1,654 psf.
• Upcoming EC launches in 2025, such as Aurelle of Tampines by Sim Lian Group, are expected to test new price benchmarks, but specific prices have not been detailed yet.

Private Condominiums

• For private condominiums, one of the more affordable recent launches is in the OCR (Outside Central Region) area. For example, projects in districts like D24 (Lim Chu Kang, Tengah) have seen average prices around $1,655 psf.

Given these figures, the cheapest psf for new launches would likely be around the $1,654 psf mark for Executive Condominiums like Novo Place EC, or slightly lower if considering upcoming EC launches. However, specific prices for the upcoming ECs in 2025 are not yet available.