For HDB Upgraders
New Upper Changi Residences is more than an upgrade from HDB. It’s a strategic move into a New Upper Changi Road address that supports asset progression, family lifestyle, and your next move years from now.
Same neighbourhood.
New chapter.
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Bedok has one of Singapore’s largest owner-occupier HDB populations. In 2025, median 5-room resale in Bedok reached $1.03M; 4-room reached $860K; recent Bedok South Horizon 4-rooms sold above $1.2M. This is not a theoretical upgrader pool — it’s the largest concentration of HDB-to-private upgrade capital in East Singapore, and a mega-launch of this scale is the first outlet for that demand in over a decade.
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Whether your next move is a larger family home, an investment-grade second property, or financial flexibility for retirement, owning a private property in a strong location gives you options HDB ownership simply doesn’t. New Upper Changi Residences is built for that decade-out flexibility.
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Project at a Glance
A quick look at
New Upper Changi Residences.
Location
New Upper Changi Road
District 16, walking distance to Bedok MRT (East-West Line)
Developer
Developer TBA
Developer TBA · Expected competitive tender with 6-7 bidders
Unit Mix
1 to 5 Bedroom
~1,010 units across a mega 3.16-hectare site
SCHOOLS NEARBY
Strong educational belt
Opera Estate Primary School, Red Swastika School, Victoria School, Temasek Junior College
Lifestyle
Bedok Mall, Bedok Mall, Bedok Interchange Hawker Centre
Three major lifestyle hubs within easy reach
Tenure
99-Year Leasehold
Standard private residential tenure
Expected Launch
2027
Public launch date subject to change
Location
New Upper Changi Road
District 16, walking distance to Bedok MRT (East-West Line)
Developer
Developer TBA
Developer TBA · Expected competitive tender with 6-7 bidders
Unit Mix
1 to 5 Bedroom
~1,010 units across a mega 3.16-hectare site
SCHOOLS NEARBY
Strong educational belt
Opera Estate Primary School, Red Swastika School, Victoria School, Temasek Junior College
Lifestyle
Bedok Mall, Bedok Mall, Bedok Interchange Hawker Centre
Three major lifestyle hubs within easy reach
Tenure
99-Year Leasehold
Standard private residential tenure
Expected Launch
2027
Public launch date subject to change
becomes Bedok private.
Your HDB sale proceeds
Equity built up over the years — typically the largest contribution.
Your CPF balance
Both Ordinary Account and any housing-eligible savings.
Cash savings & loan
Cash-on-cash plus your bank loan eligibility.
Unit types you can consider
You don’t need it all on day one.
Singapore’s Progressive Payment Scheme means you pay in stages as the project is built — typically over 3–4 years. This makes the cashflow far more manageable than upgraders often assume, and lets your existing HDB sale align with the timing of your private purchase.
Timing & sequencing
We’ll Help You Get it Right.
Three timing decisions every upgrader has to navigate — and where most people overthink them.
Sell HDB Before, or after?
The right answer depends on your ABSD position, financing structure, and whether your HDB has met MOP. There's a defensible answer for every situation — but the wrong choice can cost tens of thousands.
ABSD Remission for Citizens
Singapore citizens upgrading from HDB to private can claim ABSD remission — but only if you sell your HDB within a specific window after completion. Knowing the window matters.
Progressive Payment Scheme Alignment
The PPS payment schedule can be timed to match your HDB sale proceeds, so you're not over-extending cashflow at any point. This is the single biggest stress-reducer for upgraders.
Included With Preview Registration
Every preview registration includes a 30-minute affordability assessment with a CEA-licensed specialist who will work through your specific HDB, CPF, and financial position — and map out the timing sequence that works for your family.
COMMON CONCERNS
The questions upgraders
actually ask us.
"Will my CPF actually be enough?"
Most upgraders are surprised by how much of the down payment can come from CPF Ordinary Account, especially when combined with HDB sale proceeds. Your assessment includes a clear breakdown of your specific CPF position and what it covers for Peck Hay Residences specifically.
"What if I can't sell my HDB in time?"
There are three different sequencing strategies depending on your situation — selling before, selling after, or running both in parallel. Each has trade-offs. We’ll walk you through which applies to you so you don’t get caught off-guard.
"Is this too risky for my family?"
For most HDB owners with stable income and built-up CPF, the upgrade math works out more conservatively than you’d think — particularly with the Progressive Payment Scheme. The right question isn’t “is this risky” but “is this the right structure for my situation,” and that’s exactly what the assessment is for.
"What about monthly payments after we move in?"
Most upgraders find their monthly cashflow is comparable to or only modestly higher than their HDB outgoings, once CPF contributions are factored in. The assessment shows you the projected monthly numbers so you know exactly what you’re signing up for.
PREVIEW REGISTRATION
Register for preview.
Get the full picture for your family.
Every preview registration comes with a free 30-minute affordability assessment, personalised to your HDB, CPF, and financial situation.
- Lowest preview pricing
- First pick of inventory
- Free affordability assessment
- No commitment to purchase
What Kind of
Buyer Are You?
Learn more about the Project Based on Your Profile.
Investors
Early-Birds
Residences
Home Page
An independent marketing platform managed by Propfunnels Pte. Limited. All information is provided for reference only. Enquiries are handled exclusively by CEA-licensed real estate agents.
Developer: Developer TBA
Tenure: 99-year leasehold
Expected Launch: 2027 (Tentative)
Expected TOP: 2030–2031
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Disclaimer: While every reasonable care has been taken in preparing this website and in constructing the models and showflats, the developer and the marketing agent cannot be held responsible for any inaccuracies or omissions. Visual representations, models, showflat displays and illustrations, photographs, art renderings and other graphic representations and references are intended to portray only artistic impressions of the development and cannot be regarded as representation of fact. Floor areas are approximate measurements and subject to final survey. The property is subject to inspection by the relevant authorities to comply with the current codes of practice. All information, specifications, renderings, visual representations and plans are current at the time of publication and are subject to change as may be required by us and/or the competent authorities sand shall not be regarded as statements or representations of facts. All plans are subject to amendments as directed and/or approved by the building authorities. All areas are approximate measurements only and subject to final survey. The Sales and Purchase Agreement shall form the entire agreement between us, the Developer and the Purchaser and shall supersede all statements, representations or promises made prior to the signing of the Sale and Purchase Agreement and shall in no way be modified by any statements, representations or promises made by us or the Marketing Agent
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