Living in the Central Business District is Not New — And It's Going to Get Better

Living in Singapore's Central Business District is nothing new — but it's about to get a lot more compelling. With URA's sustained push to transform the CBD into a live-work-play destination, an increasing number of Singaporeans are rediscovering the case for city-centre living. In 2026, there is only one new private residential launch in the CBD: Newport Residences.

Why Live in the CBD?

The CBD boasts 13 MRT stations across all six lines — arguably the best transit connectivity anywhere in Singapore. The Circle Line loop is scheduled for completion by end-2026. Residents enjoy walking-distance commutes and near-instant access to the full range of retail, dining, and lifestyle options the city core offers.

Strong and Persistent Demand

BTO flats in prime CBD locations have been consistently oversubscribed. Resale flats in the Central Area command high demand despite shorter remaining leases. For investors, high and consistent rental demand from the professional workforce makes CBD units attractive income-generating assets.

Limited Supply, Long-Term Value

There are only three freehold condominiums in the CBD today. This supply constraint underpins the long-term investment case. URA's CBDI Scheme and CBDI 2.0 are accelerating conversion of older office buildings into mixed-use developments — with 1,000+ additional homes, hotels, and retail expected at Newport Plaza, The Skywaters, 15 Hoe Chiang Road, and 51 Anson Road.

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Source: ERA Realty Network. Original article published on era.com.sg (8 Jan 2026). Data references: URA, ERA Research and Market Intelligence.