Singapore’s new private home market cooled significantly in June 2026, largely due to the mid-year school holidays and the absence of new project launches.<\/p>\n\n\n\n
According to URA data, developers sold just 156 new private homes in June<\/strong>, down 65.1% month-on-month<\/strong> from 447 units in May and 42.6% year-on-year<\/strong> from 272 units in June 2025.<\/p>\n\n\n\n Despite the weak monthly result, overall momentum remained relatively healthy. Q2 2026 recorded 2,151 new private home sales<\/strong>, exceeding the 2,013 units sold in the first quarter.<\/p>\n\n\n\n With no new projects launched during June, sales were driven by existing developments such as Hudson Place Residences, Union Square Residences, The Continuum and Chuan Park. The Rest of Central Region accounted for 53.8% of June sales<\/strong>, followed by the Outside Central Region at 36.5%. <\/p>\n\n\n\n The luxury segment delivered a stronger performance during the first half of 2026.<\/p>\n\n\n\n New non-landed homes in the Core Central Region priced between S$5 million and below S$10 million<\/strong> recorded 60 transactions in H1 2026<\/strong>, up 185.7% year-on-year<\/strong> from 21 units in H1 2025.<\/p>\n\n\n\n At the ultra-luxury end, nine new homes priced above S$10 million were sold during the first half, higher than the seven units recorded in H1 2024, although below the 15 units sold in H1 2025.<\/p>\n\n\n\n New private home sales are expected to rebound after June’s seasonal slowdown<\/strong>, supported by fresh launches.<\/p>\n\n\n\n Lentor Gardens Residences is expected to benefit from its proximity to Lentor MRT and connectivity to Orchard and the CBD, while Dunearn House will be the first condominium launch in the new Turf City precinct.<\/p>\n\n\n\n The near-term outlook therefore remains constructive<\/strong>, with attractive new supply likely to bring buyers back into the market.<\/p>\n\n\n\n The contents of this article were contributed by <\/em>Raymond Khoo<\/em><\/strong>, Vice President, Orang Tee & Tie.<\/em><\/p>\n\n\n\n June Sales Slow on Seasonal Lull Singapore’s new private home market cooled significantly in June 2026, largely due to the mid-year school holidays and the absence of new project launches. According to URA data, developers sold just 156 new private homes in June, down 65.1% month-on-month from 447 units in May and 42.6% year-on-year from 272 units in June 2025.…<\/p>\n","protected":false},"author":108,"featured_media":133233,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[9207],"tags":[265,231,252,476,10268,305,224,621],"class_list":["post-133232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter","tag-investment","tag-iqi-en","tag-iqi-global","tag-juwai-iqi","tag-newsletter","tag-property","tag-real-estate","tag-singapore"],"yoast_head":"\nLuxury Demand Shows Stronger Momentum<\/h2>\n\n\n\n
Outlook<\/h2>\n\n\n\n