Best Condos Under $2M in Singapore's Core Central Region

Long Tail Last reviewed

At $2M in CCR, buyers typically land a compact 2-bedroom unit of 700–800 sq ft at $2,400–$2,900 psf. Entry is realistic in D9, D10, D11 via older leasehold and 999-year developments. BSD ~$69,600; foreigners ABSD 60% ($1.2M). Yield 2.5–3.2% gross.

The CCR's sub-$2M two-bedroom pool exists but requires discipline. Three buyer profiles dominate: expat couples on long-term employment passes seeking prime address without overcommitting capital; SC buying first property anchoring lifestyle and rental income; and foreigners from FTA jurisdictions (US, Iceland, Liechtenstein, Norway, Switzerland) who pay same ABSD as SC.

The $2M ceiling requires accepting older tenure, smaller floor plates (often 700–800 sq ft for true 2-bedder), and resale process rather than showflat.

Actionable hunting ground: D9, D10, D11. Median CCR resale PSF 2025–2026 sits at $2,200–$2,900 by tenure/age. New CCR launches priced above $3,000 psf — sub-$2M new-launch 2-bedders are virtually impossible. The opportunity is resale, completed before 2022.

For: First-time buyersHDB upgradersInvestors
Source: URA REALIS
Data as of June 2026

Buying a condo under a hard budget ceiling is a different exercise from hunting the best-looking listing — it forces you to rank opportunities by price-to-transaction-credibility rather than marketing polish. This guide filters condos by recent transaction prices inside your target band and shows which projects actually clear at that quantum, not just which ones advertise at it. Use it alongside our Affordability, TDSR, and Stamp Duty calculators to translate any shortlist into a fully-costed offer.

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Quantum beats PSF at this budget
When you have a hard price ceiling, two condos at different PSFs but the same total quantum are usually equivalent value — pick the one with better facing, floor, or floorplan rather than the one that looks "cheaper" on PSF alone.

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Looking for a condo under $2M in Singapore's Core Central Region? We analysed recent transactions (past 24 months) across Districts 1, 2, 6, 7, 9, 10, 11 to find the best-value options with at least 2 sales under your budget.

Top Condos Under $2M in Core Central Region

CondoDistrictAvg PriceAvg PSFTenureTxns
SPOTTISWOODE PARKDistrict 2 (Anson, Tanjong Pagar)$1,102,318$1,029 psf85 yrs lease commencing from 199022
INTERNATIONAL PLAZADistrict 2 (Anson, Tanjong Pagar)$1,497,867$1,214 psf99 yrs lease commencing from 197015
TEXTILE CENTREDistrict 7 (Middle Road, Golden Mile)$1,109,411$1,244 psf99 yrs lease commencing from 19707
HILLCREST ARCADIADistrict 11 (Watten Estate, Novena, Thomson)$1,496,667$1,261 psf99 yrs lease commencing from 19756
THE PLAZADistrict 7 (Middle Road, Golden Mile)$1,006,031$1,265 psf99 yrs lease commencing from 196812
PEOPLE'S PARK COMPLEXDistrict 1 (Raffles Place, Marina, Cecil, People's Park)$1,052,275$1,287 psf99 yrs lease commencing from 196821
JERVOIS JADEDistrict 10 (Ardmore, Bukit Timah, Holland Road, Tanglin)$1,630,000$1,490 psf99 yrs lease commencing from 19982
THE QUAYSIDEDistrict 9 (Orchard, Cairnhill, River Valley)$1,848,333$1,514 psf99 yrs lease commencing from 19943
CAVENAGH GARDENSDistrict 9 (Orchard, Cairnhill, River Valley)$1,690,378$1,518 psfFreehold5
STEVENS LOFTDistrict 10 (Ardmore, Bukit Timah, Holland Road, Tanglin)$1,415,000$1,554 psfFreehold2
SUNSHINE PLAZADistrict 7 (Middle Road, Golden Mile)$1,574,600$1,577 psf99 yrs lease commencing from 199710
BURLINGTON SQUAREDistrict 7 (Middle Road, Golden Mile)$1,418,389$1,586 psf99 yrs lease commencing from 199610
THE BENCOOLENDistrict 7 (Middle Road, Golden Mile)$1,459,736$1,604 psf99 yrs lease commencing from 19958
D' IXORASDistrict 11 (Watten Estate, Novena, Thomson)$1,470,000$1,616 psfFreehold2
8 @ MOUNT SOPHIADistrict 9 (Orchard, Cairnhill, River Valley)$1,477,040$1,616 psf17
MIRODistrict 11 (Watten Estate, Novena, Thomson)$1,725,000$1,619 psfFreehold2
NOVENA COURTDistrict 11 (Watten Estate, Novena, Thomson)$1,389,600$1,626 psfFreehold5
MACKENZIE 138District 9 (Orchard, Cairnhill, River Valley)$1,150,000$1,631 psfFreehold3
SOPHIA LODGEDistrict 9 (Orchard, Cairnhill, River Valley)$1,625,000$1,632 psfFreehold2
RIVERWALK APARTMENTSDistrict 1 (Raffles Place, Marina, Cecil, People's Park)$1,574,444$1,662 psf99 yrs lease commencing from 19809
LUCIDADistrict 11 (Watten Estate, Novena, Thomson)$1,537,667$1,662 psfFreehold3
M21District 11 (Watten Estate, Novena, Thomson)$1,775,000$1,666 psfFreehold2
10 SHELFORDDistrict 11 (Watten Estate, Novena, Thomson)$948,714$1,681 psf7
MACKENZIE 88District 9 (Orchard, Cairnhill, River Valley)$790,000$1,685 psfFreehold5
NOVENA HILLDistrict 11 (Watten Estate, Novena, Thomson)$1,155,000$1,686 psfFreehold2

Buying Tips at This Budget

  • At this price point, focus on quantum (total price) rather than PSF — a lower PSF in a less popular facing or floor can be excellent value.
  • Check the Stamp Duty Calculator to know your exact upfront costs before committing.
  • Use the TDSR Calculator to verify you qualify for the loan amount needed.
  • Consider units that just crossed the 5-year SSD period for better negotiation power.

Best-evidenced sub-$2M CCR 2-bedroom candidates Q2 2026:

ProjectDistrictTenure2BR SizePSFPrice Range
Kopar at NewtonD999-yr (2022)700–753 sqft$2,700–$2,800$1.89M–$2.11M
Valley ParkD10999-yr990–1,163 sqft$2,055–$2,367$2.0M–$2.75M*
One Holland Village ResidencesD1099-yr (2023)689–743 sqft$2,700–$3,000$1.86M–$2.23M
8 Saint ThomasD9Freehold (2019)700–750 sqft$2,500–$2,800$1.75M–$2.1M
Helios ResidencesD9Freehold (2011)700–860 sqft$2,200–$2,550$1.54M–$2.19M

* Larger units exceed $2M — filter by 2BR specifically. Kopar at Newton — best-value modern CCR 2-bedder, 4-min walk from Newton MRT.

  1. Verify ABSD liability first. Foreigners without FTA: 60% ($1.2M on $2M). FTA nationals: 0% on first.
  2. Run BSD on exact price. $2M = $69,600.
  3. Prioritise units within 500m of MRT. 10–15% rental premium.
  4. Check lease remaining on 99-yr projects. Kopar at Newton (2022) has ~95 years.
  5. Negotiate on older freehold stock (2005–2015).
  6. Engage conveyancing lawyer early. Budget $2,500–$3,500.

Methodology & Sources

This analysis covers full-year 2026 data and refreshes one-time.

Transaction data sourced from URA REALIS.

  • Source: URA REALIS transaction data (past 24 months)
  • Only condos with 2+ qualifying transactions included
  • PSF = unit price per square foot of strata area

Median values used to minimise outlier impact. PSF = price per square foot.

Frequently Asked Questions

How accurate are the prices in this list?
All figures are derived from caveats lodged in the past 24 months via URA REALIS. Listing prices can drift 5–15% from transacted prices, so use these numbers as the realistic ceiling for offers, not the floor.
Can I finance a condo at this budget with an HDB loan?
No — private condos are financed exclusively through bank loans (or cash). Your borrowing limit is set by the lower of TDSR (55% of gross income) and LTV caps (typically 75% for the first property). Use our TDSR calculator to get your working number.
What are the all-in costs beyond the purchase price?
Expect Buyer's Stamp Duty (up to 6% progressive), legal fees of roughly $3,000, optional renovation, maintenance-fee escrow, and property tax from handover. Run our Total Acquisition Cost calculator for a precise figure.
How much is BSD on a $2M CCR condo?

$69,600 (1%×$180K + 2%×$180K + 3%×$640K + 4%×$500K + 5%×$500K).

What ABSD do foreigners pay on a CCR condo in 2026?

60% flat. On $2M = $1.2M. FTA nationals (US, CH, NO, IS, LI) pay same as SC.

Can I use CPF to buy a 99-year leasehold CCR condo?

Yes, provided remaining lease covers youngest buyer to age 95. Kopar at Newton (2022) has ~95 years — comfortably clears.

What gross rental yield can I expect from a CCR 2-bedder around $2M?

2.8–3.2% based on median 2BR rents of $4,500–$5,500 in D9/D10/D11. Net 2.0–2.5%.

Are there freehold CCR 2-bedders genuinely under $2M?

Yes — D9 (River Valley, Cairnhill) and D11 (Newton, Novena) older developments 2005–2015 vintage in $1.6M–$1.95M for compact 700–800 sqft.

Is $2M enough for a 2-bedder in a new CCR launch?

Almost certainly not. New CCR launches 2025–2026 priced $3,000–$3,500+ psf — even compact 700 sqft 2BR exceeds $2.1M.

How does CCR compare to RCR for $2M budget?

$2M RCR: newer/larger 2BR (800–1,000 sqft at $1,800–$2,300 psf). $2M CCR: smaller/older but prestigious address.

Key risks of older CCR condo?

Deferred maintenance (request MCST accounts); en-bloc risk; lease decay for 99-yr stock pre-2000.