Budget Guides

Best Condos Under $3M in Singapore (2026)

Premium condos under $3M across all districts with investment potential analysis.

Last updated: 3 October 2026

Overview

The $3,000,000 price ceiling accommodates a diverse range of 99-year leasehold developments across Singapore, with transaction volumes in top projects ranging from 748 to 1,963 units. Price points in this segment vary significantly by location, from $1,435.08 psf in District 18 to $2,208.56 psf in District 3. The data indicates that high-volume developments typically feature lease commencement dates between 2017 and 2019.

Market Analysis

Market data shows that Treasure at Tampines (D18) maintains the highest transaction volume at 1,963 units with an average price of $1,435.08 psf. In District 5, Normanton Park and Parc Clematis have recorded 1,882 and 1,324 transactions respectively, with Normanton Park commanding a higher average of $1,816.47 psf. District 3 projects such as Avenue South Residence and Stirling Residences show higher entry costs, exceeding $2,100 psf. District 19 remains a high-activity zone with three major projects—The Florence Residences, Affinity at Serangoon, and Riverfront Residences—averaging between $1,529.92 and $1,663.75 psf.

Top Projects by Transaction Volume

ProjectDistrictMedian PSFTransactionsTenure
TREASURE AT TAMPINESD18 Tampines, Pasir Ris$1,435.081,96399 yrs lease commencing from 2018
NORMANTON PARKD05 Pasir Panjang, Clementi$1,816.4731,88299 yrs lease commencing from 2019
PARC CLEMATISD05 Pasir Panjang, Clementi$1,681.7261,32499 yrs lease commencing from 2019
THE FLORENCE RESIDENCESD19 Serangoon, Hougang$1,663.7461,23899 yrs lease commencing from 2018
JADESCAPED20 Bishan, Ang Mo Kio$1,779.55396399 yrs lease commencing from 2018
PARC ESTAD14 Geylang, Paya Lebar$1,889.0389099 yrs lease commencing from 2018
TENGAH GARDEN RESIDENCESD24 Lim Chu Kang, Tengah$2,11386399 yrs from 21/04/2025
AFFINITY AT SERANGOOND19 Serangoon, Hougang$1,625.80584699 yrs lease commencing from 2018
AVENUE SOUTH RESIDENCED03 Queenstown, Tiong Bahru$2,208.56179699 yrs lease commencing from 2018
RIVERFRONT RESIDENCESD19 Serangoon, Hougang$1,529.91579299 yrs lease commencing from 2018

Buyer Advice

Buyers should evaluate the trade-off between location and unit size, as PSF rates in District 3 are approximately 53% higher than in District 18. Transaction volume is a critical metric for liquidity, with projects like Treasure at Tampines and Normanton Park showing the highest market circulation. It is also necessary to factor in the remaining lease duration, as most high-performing projects in this category have leases that commenced between 2017 and 2019.

Frequently Asked Questions

What is the most affordable district for condos under $3M based on PSF?
District 18 is the most affordable among the top-transacted projects, with Treasure at Tampines averaging $1,435.08 psf. This is followed by District 19, where Riverfront Residences averages $1,529.92 psf.
Which condo under $3M has the highest transaction volume in Singapore?
Treasure at Tampines in District 18 recorded the highest volume with 1,963 transactions. Normanton Park in District 5 follows with 1,882 transactions, indicating high market demand for these specific developments.
What are the price trends for District 3 condos under $3M?
In District 3, prices are higher than the market average for this budget, with Avenue South Residence at $2,208.56 psf and Stirling Residences at $2,140.12 psf. These projects have seen 796 and 748 transactions respectively.
How do D5 condos like Normanton Park and Parc Clematis compare in price?
Normanton Park averages $1,816.47 psf, which is approximately $134 psf higher than Parc Clematis at $1,681.73 psf. Both developments have 99-year leases that commenced in 2019.
Are there many sub-$3M condo options in District 19?
District 19 has significant inventory with three projects in the top ten list: The Florence Residences ($1,663.75 psf), Affinity at Serangoon ($1,625.81 psf), and Riverfront Residences ($1,529.92 psf). Together, these three projects account for 2,876 transactions.
What is the typical lease profile for condos in the $3M budget range?
The most active projects in this price range are 99-year leasehold properties with relatively recent lease starts. Lease commencement dates for the top ten projects range from 2017 for Stirling Residences to 2019 for Normanton Park and Parc Clematis.

This guide was generated with AI assistance using real transaction data. Verify all figures independently before making decisions.

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