Why Two Bedrooms Are in Hot Demand Now?

There’s a clear shift happening in Singapore’s condominium market – two-bedroom units are now the hottest property type. Previously believed to be merely a starter home for couples or young families, these homes will now become the star of 2025. This demand surge is a result of changing family configuration, economic forces, and evolving buyer priorities.

Smaller Households, Smarter Spaces.

Household in Singapore, for years, are becoming steadily smaller. The average household size across the country has reduced from 3.5 people per household in 2010 to just 3.09 in 2023 which means there is a trend towards smaller family units and more singles/couples independently living. Buyers are moving away from huge living areas/ spaces. Two-bedroom condos have become the perfect compromise—spacious enough to live and work from home; but without the expense of a third or fourth bedroom.

The average of Singapore condo unit size decreased from 1,223 square feet in 2020 to 1,100 square feet in 2023. As developers see this demand, new launches like Bloomsbury Residence now offer two-bedroom configurations more frequently than before.

Affordable, Livable, and Profitable.

Affordable costs also drive people to try these measures. As real estate prices become more expensive, the two-bedroom condo is the ideal crossroad of cost and quality. People are paying attention to the convenient layout, sufficient space for small families or work-from-home arrangements, and the pricing fit for the current economy. 

But it’s not just owner-occupiers fueling this demand. Due to their potential of higher rental yield, the two-bedders have attracted investors. According to statistics, two bedroom units rent for an average of $4.94 psf/month, which is higher than the overall condo average of $4.77 psf/month. Due to strong demands, there are currently low vacancy rates for these units, which is good for long-term returns.

Strong Sales, Strong Signals.

Recent projects like PARKTOWN Residence and ELTA are proof of this trend.  The two brands saw exceptional sales performance in their 2-bedroom units. At times, the two-bedroom or one-bedroom layouts were sold out much quicker than three or four-bedroom layouts.

A preference for two-bedder units is becoming apparent in Singapore, which shows that property developers are crafting new projects with such units as the core element.  It’s not just about meeting demand – it’s about anticipating buyer needs and responding in real-time.

What’s Next?

If things keep on the same track, we are likely to see more two-bedroom projects that appeal to homeowners and investors launched. Their flexibility, inexpensive price, and potentially good performance on the market make them a safe bet in Singapore real estate. Now is the right time to pay attention to this segment whether you are downsizing, investing, or buying your first home. 

Contact me today to find the best two-bedroom condo for sale. Let’s secure your ideal property while the demand is hot.

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