KEY TAKEAWAYS
- The number of launches fell by 37.2% quarter-on-quarter (QoQ) to 2,632 units in Q4/2025, while new home sales declined by 10.6% QoQ to 2,940 units.
- After two consecutive quarters of growth, secondary sales eased by 8.7% QoQ to 3,759 units in Q4/2025.
- Total non-landed residential sales by Singaporeans fell 15.5% QoQ to 4,900 units, while sales to Singapore permanent residents (PRs) contracted moderately by 1.5% QoQ to 929 units.
- In Savills’ basket of luxury nonlanded private residential projects, prices continued to rise 0.5% QoQ to S$2,640 per sq ft in Q4/2025.
- Following the significant islandwide price resetting that began around mid-2022, it may take another one to two years before a broader, marketwide repricing reoccurs. In 2026, we are likely to see some repricing within the Rest of Central Region (RCR) and Core Central Region (CCR), as selected RCR launches are expected to see prices overlap into CCR territory. Overall, we project private residential prices to rise by about 3% in 2026.
