One of the recent questions we’ve been asked pertains to Core Central Region (CCR) condos. A trending sales pitch is to claim prices in the Outside of Central Region (OCR) and the Rest of Central Region (RCR) are not too far from the CCR. If so, this would suggest some CCR properties may even be undervalued. But how true is this, and does that suggest now is a good time to buy prime region properties? Here’s what we uncovered:

Recent views on the CCR 

New launches in 2023 have managed to fetch prices of over $2,000 psf, even in non-central regions. Sceneca Residence, for instance, managed to reach this price point even in Tanah Merah.

Coupled with news reports like this one, (and the narrative that some agents are pushing) buyers are starting to ask if they may as well buy CCR condos. This is further compounded by URA’s high-profile attempts at decentralisation (e.g., creating different hubs in

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