Singapore new home sales surge 19% to 1,548 in April

This marks the highest monthly sales in six months.

According to a PropNex report, sales of new private homes in Singapore surged to a six-month high in April 2026 as two mass-market new launches supercharged sales. Developers sold 1,548 new homes (ex. Executive Condominiums) during the month, marking a 19% increase from the 1,300 units transacted in March. It is also the highest monthly sales since 2,424 units (ex. EC) were sold in October 2025.

“On a year-on-year basis, developers’ sales more than doubled from the 675 new units shifted in April 2025. Including the transactions done in Q1 2026, developers sold a combined 3,561 new units (ex. EC) in the first four months of this year – about a third of the 10,815 units sold in the whole of 2025,” the report said.

Here’s more from PropNex:

Two new launches accounted for about 79% of the new homes sales in April. They were Vela Bay and Tengah Garden Residences which represent the first private condo projects launched in new housing precincts Bayshore and Tengah, respectively. During the month, developers placed 1,426 new units (ex. EC) for sale, up by about 37% from the 1,043 units launched in March.

The Outside Central Region (OCR) drove new home sales during the month with 1,358 units (ex. EC) transacted, the highest monthly developers’ sales for the sub-market in over a year since 1,469 units changed hands in February 2025, where Parktown Residence had propped up OCR sales then. April’s sales were more than two times higher than the 665 units shifted in the previous month. The best-selling OCR projects in April were Tengah Garden Residences which moved 855 out of its 863 units (99%) at a median price of $2,111 psf, while the 515-unit Vela Bay in Bayshore sold 370 units (72%) at a median price of $2,865 psf when they were launched in the month.

Meanwhile, developers’ sales fell in the other two sub-markets due to a lack of new project launches in April. The Rest of Central Region (RCR) saw 160 new sale transactions in April, dipping by about 2% from 163 units sold in March. The top-seller in the RCR was freehold development The Continuum which shifted 34 units at a median price of $2,796 psf. New private home sales have been muted in the RCR for some time now with no new RCR projects being launched since The Sen hit the market in November 2025. To this end, the sales activity could likely pick up in May with the upcoming launch of Hudson Place Residences in Media Circle – the first RCR new launch in 2026.

Over in the Core Central Region (CCR), developers sold 30 new homes, sharply down from the 472 units transacted in March where River Modern had boosted sales. The most popular CCR project in April was River Modern which sold 11 units at a median price of $3,363 psf. Meanwhile, the top three priciest new private homes sold in the month were two units at 21 Anderson which had fetched $22.5 million and $21.9 million respectively, and a unit at Skywaters Residences which was sold for about $12.5 million, based on caveats lodged.

In the EC segment, developers sold 101 new units, significantly lower than the 637 units shifted in March where Rivelle Tampines was launched. In April, the top-selling EC project was Rivelle Tampines which sold 76 units at a median price of $1,918 psf when sales booking opened to more second-timer buyers after the lapse of the month-long priority period for first-time buyers.