Developers in Singapore sold 731 new private residential units in July 2026, more than tripling sales from 156 units in June 2026 when no new projects were launched [1, 2, 3]. The rebound followed the launch of 889 new private residential units in July, marking a recovery after a near standstill in June [2].
The two largest contributors to July’s sales were Lentor Gardens Residences and Dunearn House, which sold 270 and 212 units respectively. These two projects accounted for nearly 66% of total sales last month, reflecting strong demand for new private homes, said developer representative Mohan [2]. He added, “These projects’ strong sales show that basic demand for new private homes remains robust.”
Despite the surge from the previous month, July 2026 sales were still about 22.2% lower than the 940 units sold in July 2025 [1, 2, 3]. Meanwhile, private home prices in Singapore rose by 0.5% in the second quarter of 2026, a slowdown from 0.9% growth in the first quarter [1, 3].
Sales are expected to slow again in August as the Lunar seventh month, or "Ghost Month," begins on August 13. This period traditionally sees low transaction volumes with few new project launches, noted real estate analyst Ye Runming. He said, “August may see new home sales fall back to between 150 and 250 units due to the start of Lunar July on August 13.” Developers typically avoid launching major residential projects during this month [2].
After Lunar July ends on September 10, market activity is expected to pick up again as several projects including Amberwood at Holland, Lucerne Grand in Jurong Lake District, and The Serra Residences in Novena are scheduled for launch [2].
For the first seven months of 2026, developers launched 4,516 new private units, down 21.5% year-on-year, while sales declined 11.6% to 4,885 units. Ye added that total launches for 2026 could total about 7,000 units, the lowest since 2023, while total transactions are forecast between 7,500 and 9,000 units with prices rising 2% to 5% [2].
