Singapore housing pipeline rebounds as future supply expands

Residential pipeline increased 6.8% to over 38,000 units in Q1.

Singapore's pipeline of private residential housing rebounded in Q1 2026, with planned supply increasing 6.8% quarter-on-quarter to 38,133 units, reversing the 3.1% decline recorded in the previous quarter, according to Savills.

The consultancy reported that 16,095 units, or 42.2% of the pipeline, remained unsold at the end of the quarter. This marked an increase following two consecutive quarters of decline, reflecting the expansion in overall supply.

Savills noted that most projects expected to launch in the near term are relatively modest in scale, although larger developments such as Tengah Garden Residences and Vela Bay have already demonstrated strong buyer demand. Vela Bay achieved a 72% take-up rate on its launch day on 25 April, with units selling at an average price of S$2,886 per sq ft. Tengah Garden Residences recorded a 99% take-up rate during its launch weekend on 26 April, with an average selling price of S$2,210 per sq ft.

Several major projects remain in the pipeline but have yet to secure housing developer licences, including Thomson Reserve at Bright Hill Drive with 1,268 units, a residential development at Chencharu Close with 876 units, and Lucerne Grand at Lakeside Drive with 570 units. According to Savills, these developments are expected to broaden housing options across different locations and buyer segments.

Looking ahead, Savills said relatively low borrowing costs should continue to support the market. However, homebuyer sentiment may remain sensitive to global economic uncertainty and geopolitical tensions, particularly in the Middle East, with the pace of absorption dependent on overall market confidence and economic conditions.