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Narra Residences 2026 — Last Window Before Price Hike
If you have been tracking Narra Residences, you may have noticed that the conversation changed dramatically in the last two weeks of March 2026. The Dover Road GLS bid at $1,556 psfppr did not just send shockwaves through the GLS market — it triggered an emergency meeting by one of Narra Residences’ JV developer partners. A price revision is expected imminently. What that means for buyers is simple: the window at $1.227M is closing, and it may not reopen.
The $1.227M Entry Point: What It Means
In today’s Singapore property market, a new launch 2-bedroom unit under $1.3 million in the Rest of Central Region is extraordinarily rare. Narra Residences offers exactly that.
The 2-Bedroom 1-Bath (560 sqft) configuration starts from $1,227,000. All 14 remaining units in this tier are priced below $1,326,000.
Comparable 2-bedroom new launch units in the Queenstown and Buona Vista corridor regularly transact at $1.5M to $1.85M. Narra Residences is priced at a 15 to 33% discount to comparable RCR peers.
The 2BR 2-Bath (646 sqft) offers slightly more space at $1,389,000–$1,509,000, with 32 units remaining.
Dover GLS Wake-Up Call
The Dover Road GLS was awarded at $1,556 psfppr — one of the highest land cost commitments in recent Singapore GLS history for an RCR site.
When the Dover Road project eventually launches — likely at $2,900+ psf — buyers looking at Buona Vista / Queenstown will use that as their reference point. Narra Residences at $2,021 psf will then look like a 2020 price in a 2028 market.
What’s Still Available
| Unit Type | Size | Price Range | Units Remaining |
|---|---|---|---|
| 2BR 1-Bath | 560 sqft | $1,227,000 – $1,326,000 | 14 units |
| 2BR 2-Bath | 646 sqft | $1,389,000 – $1,509,000 | 32 units |
| 3BR Compact | varies | From $1,854,000 | Limited availability |
Overall price range: $2,021 psf to $2,547 psf.
Sold-Out Stacks
- 1-Bedroom + Study — entire unit type gone.
- Stack 29 — entire stack sold out.
- Stack 44 — entire stack sold out.
10 Units in 7 Days: Sales Velocity
More than 10 units were sold at Narra Residences in just 7 days in March 2026 — top quartile of velocity for their price tier. The 10-units-in-7-days figure predates the expected price revision. Once the price hike is confirmed, a secondary velocity spike is a predictable outcome.
RCR Value: Why $2,021 PSF Is Still Underpriced
Current RCR new launch pricing benchmark: $2,400–$2,800 psf. Narra Residences at $2,021 psf represents a 15–28% discount for a project that offers comparable locational attributes.
Demand drivers: One-North business park (130,000+ professionals), INSEAD/NUS Business School/Singapore Polytechnic, Buona Vista MRT interchange (EWL + CCL).
WhatsApp Alvin at https://wa.me/6584888648 for showflat appointments and latest pricing.
Alvin Tan | ERA Realty Network | CEA Reg. No. R072324C | CEA Licence No. L3002382K
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