Trends tend to come and go in the Singapore property market; and one of these is the dual-key unit. First introduced in Caspian in 2009, these units drew interested buyers for close to a decade, before the trend seemed to die down. But as of the past two years (2024/25), we’ve seen developers bring back dual-key units into new launches – even though the response has sometimes been lukewarm:
Looking at the take-up rates for new launch projects:
To check the demand for dual-key units, we looked at the take-up rates for some recent new launches. Here’s what we found:
Grand Dunman
Grand Dunman is a leasehold mega-development (1,008 units) along Dunman Road, in District 15. You can see our full review of Grand Dunman
here.
Grand Dunman |
Total Units |
Take-Up |
2023-Q3 |
2023-Q4 |
2024-Q1 |
2024-Q2 |
2024-Q3 |
2024-Q4 |
2025-Q1 |
1 Bedroom |
92 |
96.7% |
86 |
3 |
|
|
|
|
|
1 Bedroom + Study |
112 |
42.9% |
37 |
5 |
1 |
1 |
1 |
2 |
1 |
2 Bedroom |
119 |
91.6% |
98 |
5 |
2 |
2 |
1 |
1 |
|
2 Bedroom + Study |
137 |
97.8% |
114 |
7 |
5 |
3 |
4 |
1 |
|
2 Bedroom Dual Key |
34 |
91.2% |
22 |
1 |
3 |
1 |
2 |
2 |
|
3 Bedroom |
126 |
96.8% |
112 |
5 |
|
|
|
3 |
2 |
3 Bedroom (Grand) |
32 |
12.5% |
|
|
|
1 |
1 |
1 |
1 |
...