Singapore private home completions hit four-quarter low in Q2

Total stock only increased by 416 units in Q2, a growth of only 0.1%.

Singapore's completed private residential stock increased only marginally in the second quarter of 2026, but the vacancy rate nevertheless rose as the number of vacant homes climbed, according to Savills, citing Urban Redevelopment Authority data.

Islandwide completed private residential stock, excluding executive condominiums, increased by 416 units, or 0.1% quarter-on-quarter, to 424,581 units at the end of Q2. Savills said this was the lowest quarterly net addition in four quarters, since the 273 units added in Q2 2025.

The limited increase reflected the small number of projects receiving temporary occupation permits during the quarter. Major completions included Bartley Vue, a 115-unit boutique apartment project in District 19, and two landed developments in District 28: Pollen Collection, comprising 132 landed homes, and Belgravia Ace, comprising 107 semi-detached and terrace houses.

Despite the limited addition to completed stock, the overall vacancy rate for completed private residential properties rose 0.2 percentage point quarter-on-quarter to 6.4% in Q2, Savills said.

The islandwide number of vacant completed homes increased by 803 units during the quarter. Almost 90% of the increase, or 721 units, came from landed housing, while vacant non-landed homes increased by just 82 units.

Savills said the rise in vacant landed homes was concentrated largely in the Outside Central Region (OCR). Part of the increase was likely transitional, reflecting the time lag between the completion of projects such as Pollen Collection and Belgravia Ace and purchasers or tenants physically moving into the properties.

However, Savills also noted that the increase could point to softer leasing demand for landed homes, suggesting a divergence from the relatively resilient rental performance seen in parts of the non-landed residential market.