For: InvestorsHDB upgraders
Source: URA REALIS
Overview
These condominiums have recorded transactions below $500,000, representing the most affordable condo options in Singapore — ideal for singles, young couples, and investors seeking low-entry-cost shoebox or compact units.
Key Takeaways
- LANDED HOUSING DEVELOPMENT averages just $418,750 per transaction.
- Sub-$500K units are typically shoebox or studio apartments under 500 sqft.
- Low entry cost can yield higher rental returns on a percentage basis.
Data as of June 2026
Rankings
| # | Name | District | Avg Price | Avg PSF | Txns |
|---|---|---|---|---|---|
| 1 | LANDED HOUSING DEVELOPMENT | D5 | $418,750 | $137 psf | 8 |
| 2 | THE HILLFORD | D21 | $488,000 | $1,225 psf | 6 |
Loading chart data...
Top 3 Highlights
$418,750
#1 LANDED HOUSING DEVELOPMENT
$488,000
#2 THE HILLFORD
Top Performer
LANDED HOUSING DEVELOPMENT leads this ranking. Explore its full transaction history and price trends on the condo profile page.
Frequently Asked Questions
What kind of condo can I buy for under $500K in Singapore?
Sub-$500K condos are typically shoebox or studio units under 500 sqft, often in OCR locations. They offer the lowest entry cost into private property ownership in Singapore.
Are sub-$500K condos good for rental?
Yes. Small, affordable units attract a steady pool of single tenants and young professionals. The low purchase price often results in above-average rental yields, though absolute rental income will be modest.
What are the risks of buying a very cheap condo?
Risks include short remaining lease, high maintenance fees relative to unit size, limited resale demand, and potential difficulty securing bank financing for ageing leasehold properties.
Methodology & Sources
Figures below are drawn from all available transaction periods and revised on demand.
Transaction data sourced from URA REALIS.
- Rankings require a minimum number of transactions to qualify.
- Averages are used for price and PSF metrics; yields are estimated from average rent and average sale price.
- Last updated: 24 May 2026.
We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.