Property
Tengah Garden Residences Sells 853 Units At $2,120 PSF; Vela Bay Hits 72% At $2,886 PSF
By Stacked Homes  •  April 26, 2026
Tengah Garden Residences is the third new project so far this year to achieve a near sell-out performance during its opening sales weekend. The 863-unit development sold 853 units and achieved an average selling price of $2,120 psf after launching over the April 25 and 26 weekend. Read our full review of Tengah Garden Residences here. The condo has set the record this year with the largest number of units sold at a new private residential launch to date. All of the units were sold out, except for 10 of the largest configuration – the Four-Bedroom Premium with Yard. Jointly developed by Hong Leong Holdings, GuocoLand, and CSC Land, the development is the first new condominium to break ground in Tengah in District 24, the newest residential precinct in the West. Units were transacted at prices ranging from $1,779 psf to $$2,340 psf, and Singaporeans accounted for 90% of the total number of purchasers, according to a joint statement by the developers released this afternoon....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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