Methodology

How We Score

Every Singapore new launch gets scored across five factors. We weight Value for Money at 40% because this is a Deal Score — we're measuring whether you're getting a good deal, not just whether it's a good building. A great location doesn't make an overpriced condo a good deal.

The 5 Factors
1
Value for Money
40%
New launch premium over district resale PSF
Markup ratio (selling PSF ÷ land cost PSF PPR)
Cash flow viability at standard financing terms
Absolute price accessibility for the target buyer segment
2
MRT & Location
25%
MRT proximity and line connectivity
Primary schools within 1km
Amenities within 500m
URA Master Plan upside
Environmental negatives (highway noise, airbase, construction)
3
Unit Mix & Design
15%
Unit efficiency and layout quality
Unique project features
Density considerations
Facility provision relative to unit count
4
Developer Track Record
10%
Last 5 completed projects: trading above or below launch PSF?
BCA CONQUAS quality ratings
Delivery track record
5
Market Timing & Demand
10%
Sales velocity at launch
Competing supply pipeline
Macro interest rate environment
Buyer sentiment indicators
Score Tiers
7.5+
BUY
We'd put our own money here
5.0–7.4
HOLD
Fair price. Match to your situation.
<5.0
SKIP
Walk away at this price
Where Our Numbers Come From

Every resale average on Ground Floor comes from one source: the URA Private Residential Transaction database, pulled via their official API twice a week (Wednesday and Saturday, after URA's Tuesday and Friday data updates).

We filter to modern stock only — condos with leases commencing 2010 or later, plus all freehold properties. This excludes dated 1990s and 2000s buildings that would drag down the district average and misrepresent the actual market a new launch buyer is comparing against.

The Premium is calculated as: (New Launch PSF − District Modern Resale PSF) ÷ District Modern Resale PSF × 100.

For districts with limited modern resale data (fewer than 20 transactions in the past 12 months), we flag this in the verdict. For districts with no private condo resale history — such as D24 (Tengah), Singapore's newest residential district — we benchmark against the weighted average of neighboring districts' modern stock as the closest proxy, and flag this clearly in the verdict.

This data updates automatically. No manual lookups. No cherry-picked comparables. One source, one method, applied consistently across every project we score.

We score each new launch independently by crunching publicly available data — URA caveats, GLS tender results, developer price lists, and resale transaction records. No developer relationships. No agent commissions.

Not sure which project? Ask us