Singapore’s private property market begins 2025 with two highly-anticipated new launch condos – The Orie and Bagnall Haus. Both developments, scheduled for launch on January 18, share a similar price point of around S$2,400 per square foot (psf) but offer completely different lifestyles.
The Orie delivers vibrant city-fringe living in Toa Payoh, while Bagnall Haus offers a peaceful freehold haven in the Upper East Coast. These projects appeal to buyers with varied needs and preferences, adding excitement to the new year’s property scene.
Market watchers believe that phenomenal sales momentum in November 2024 continued for The Orie and Bagnall Haus launches. Here’s everything you need to know about the first two new condo launches in 2025!
Table of contents
The Orie: Price starting from S$1.28M (S$2,476 psf)
- Expected TOP: 2030
- Location: Lorong 1 Toa Payoh (District 12)
- Nearest MRT: Braddell (350m, 5 mins walk)
- Primary schools: CHIJ Primary Toa Payoh, First Toa Payoh Primary School, Pei Chun Public School, Keng Cheng Primary School (within 1km)
The Orie launch – 86% sold
Singapore’s private residential market opened strongly, with The Orie securing an impressive 86% take-up rate during its launch weekend. The official launch of The Orie on January 18 marked an exciting milestone as Toa Payoh welcomes its first private condominium launch in 9 years. The Orie brings 777 units with a 99-year leasehold across twin 40-storey towers, just steps away from Braddell MRT.
The preview held before the launch alone drew around 8,000 visitors over the weekend to the sales gallery. Buyers viewed The Orie as attractively priced within the mature estate of Toa Payoh. The project also appealed to HDB upgraders, particularly those from Toa Payoh and Bishan, where resale flats often command high prices, including million-dollar transactions.
The Orie – Pricing details
- 1-bedroom + Study (517 sqft): S$1.28 million (S$2,476 psf)
- 2-bedroom (592 sqft): S$1.48 million (S$2,500 psf)
- 3-bedroom (850 sqft): S$2.09 million (S$2,459 psf)
- 4-bedroom (1,216 sqft): S$2.92 million (S$2,401 psf)
- 5-bedroom with Private Lift (1,453 sqft): S$3.48 million (S$2,395 psf)
Strategic location
The Orie offers exceptional convenience, with Braddell MRT Station on the North-South Line only 5 minutes away on foot. The Toa Payoh Integrated Transport Hub, located nearby, links future residents to the Toa Payoh Bus Interchange and Toa Payoh MRT station. The location in District 12 ensures easy access to the Central Business District (CBD) and Orchard Road, making it an ideal choice for city-fringe living.
Comprehensive amenities
Residents of The Orie can enjoy numerous amenities, such as SAFRA Toa Payoh and Junction 8 shopping mall. For those who love the outdoors, MacRitchie Reservoir offers tranquil spaces for recreational activities. Families will appreciate the proximity to reputable schools such as Pei Chun Public School, CHIJ (Toa Payoh), and First Toa Payoh Primary School.
Additionally, there will be a new sports centre, swimming pools, a football stadium, a polyclinic, and a public library. All in the 12-hectare Toa Payoh Integrated Development set to be completed by 2030.
Renowned developers
The Orie reflects the combined expertise of the developers. City Developments Limited (CDL), Frasers Property, and Sekisui House bring together modern design and sustainability, with over 40 condominium facilities catering to diverse lifestyles. The joint venture won a bid of S$968 million, translating to a land rate of S$1,360 psf per plot ratio (ppr) for the site.
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The Orie: Price and appreciation value analysis
The last condominium launch in the area was the 578-unit Gem Residences, introduced in 2016. During its launch year, Gem Residences recorded 309 new sales, achieving an average price of S$1,428 psf. By 2024, the average psf had climbed significantly to S$1,930, based on 31 resale transactions throughout the year.
This represents an impressive increase of approximately 35.16% since its launch. Notably, this growth slightly outpaces the broader price trend for private condominiums in District 12, which recorded a 34.65% increase over the same period.
As the first new condominium launch in almost a decade, The Orie at around S$2,400 psf is poised to capitalise on pent-up demand within the area. Its prospects for appreciation are even more promising, given its distinct advantages over Gem Residences.
The advantages include a more prestigious developer, enhanced connectivity due to its closer proximity to MRT stations, and a range of luxurious, state-of-the-art facilities. These factors collectively position The Orie as an attractive investment opportunity with a strong potential for sustained growth.
Additional reading: Frasers Property’s Robertson Walk redevelopment plan and recent profit surge: Is it time to invest?
Bagnall Haus: Freehold at S$2,490 psf
- Expected TOP: 2028
- Location: Upper East Coast Road (District 16)
- Nearest MRT: Sungei Bedok (450m, 7 mins walk)
- Primary schools: Temasek Primary School (within 1km), Bedok Green Primary School (within 1-2km)
Bagnall Haus launch – 60% sold
Roxy-Pacific Holdings’ latest project, Bagnall Haus, has garnered significant attention since its preview on January 4. Over the weekend, the sales gallery welcomed approximately 1,500 visitors, primarily families and East-side residents seeking upgrades. The development achieved over 60% take-up during its launch weekend, with units averaging S$2,490 psf, a compelling price for a well-positioned freehold property near an MRT station.
Buyers were particularly drawn to the rare opportunity of owning a freehold home at the doorstep of an MRT station and the benefits expected from the upcoming Bayshore precinct transformation. The pricing also appealed to those comparing it to 99-year leasehold projects, such as Chuan Park, which launched at S$2,579 psf in November 2024.
Bagnall Haus is a low-rise, five-storey development featuring 113 residential units and two shop spaces. Buyers can choose from a variety of layouts, ranging from one-bedroom plus flexi units at 495 sqft to five-bedroom apartments spanning 1,528 sqft.
Prime connectivity
Bagnall Haus offers unparalleled convenience, with the upcoming Sungei Bedok MRT Interchange Station within walking distance. This station will connect the Thomson-East Coast Line (TEL) and Downtown Line (DTL) upon completion in 2028. The project is also within walking distance of the Upper East Coast Bus Terminal, ensuring excellent public transport options for residents.
Prefer a property within walking distance of the MRT station of your choice? Check out 99.co’s MRT map here!
Amenities and renowned schools nearby
Residents of Bagnall Haus will enjoy proximity to a variety of amenities. The upcoming Bedok Food Court promises to be a new dining hotspot, while Eastwood Centre offers daily conveniences. Situated across from the future mixed-use development in the Bayshore precinct, Bagnall Haus residents will further benefit from a vibrant array of upcoming amenities.
For families, the development is surrounded by respected schools. Other than the P1 institutions, Bagnall Haus is also near Temasek Junior College, Temasek Polytechnic, and Anglican High School.
Rare freehold property in D16
The Upper East Coast neighbourhood in District 16 has seen limited new launches over the years. The last private condominium project in the area was Eastwood Regency, a 75-unit boutique freehold apartment by Fragrance Group, launched in January 2010. Being the first freehold condo in the Upper East Coast in almost 15 years, Bagnall Haus offers a rare chance to own a piece of this rapidly evolving neighbourhood.
Bagnall Haus: Price and appreciation value analysis
The average indicative price for Bagnall Haus is reported to be approximately S$2,450 psf. Prices begin at S$1.235 million, equating to S$2,495 psf, for the one-bedroom plus flexi options. The site (former Bagnall Court) itself was acquired en bloc in February 2023 for S$115.28 million, translating to a land rate of S$1,106 psf per plot ratio.
When it comes to appreciation value, freehold properties in the Upper East Coast hold their own in the broader market. For example, Eastwood Regency has seen its average psf rise by over 32.18% since its launch in 2010, reaching S$1,669 in 2024.
Comparatively, the District 16 average psf experienced a more robust growth of 47.24% over the same period. This disparity can likely be attributed to properties in more central locations, such as Bedok, which benefit from better connectivity and more comprehensive amenities.
While condominiums in the Upper East Coast may exhibit a slightly slower growth in the short term, freehold properties possess an enduring appeal that often yields superior returns in the long run.
Additionally, the area is poised for transformation, with newer developments set to enhance its overall appeal and elevate property values. Bagnall Haus is positioned to benefit from this upward trajectory, reinforcing the Upper East Coast’s potential as a lucrative investment option.
Kickstarting 2025, The Orie and Bagnall Haus stand apart despite their similar pricing. The Orie suits those who enjoy the energy and convenience of city-fringe living, while Bagnall Haus appeals to those seeking a serene freehold retreat in the East.
Found what you’re looking for? Check the full list of 12 new condo launches in the first quarter of 2025 for more options!
About Ananda Bayu
Ananda has been wrangling Singapore's complex real estate trends into readable bites since 2020. She writes like she's explaining it to a friend over kopi — because who has time for jargon? When off the clock, she’s probably doom-scrolling through cat memes on X, convincing herself it's the highest tier of "creative inspiration".
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