CONDOS

THE LEVEL GROUND

Market income supports home affordability, but ensuring prices grow in line with wages still matters

Should the HDB income ceiling account for non-employment income as well?

Among the three market segments, Outside Central Region led in condo and private apartment sales, accounting for neary 40% of sales in January.

January new home sales down 57% yoy at 466 units, with two new projects launched

Including executive condominiums, 990 units are sold that month with 1,534 units launched

Residential brokerage firm Serhant New Development is set to lead a revamped sales effort at the Mandarin Oriental residences at 685 Fifth Ave.

New York City’s Mandarin Oriental to reduce some condo prices by about 20%

Around a third of the condos have been offloaded since sales first launched in 2021

Of Newport Residences' buyers, 82% are Singaporeans, and 15% are permanent residents.

CDL’s Newport Residences launch sells 57% of project at S$3,370 psf average

Meanwhile, Narra Residences in the Dairy Farm area records take-up rate of about 25%

A transaction at Helios Residences in District 9 chalked up the biggest loss in Q4.

Share of loss-making deals in condo resales creeps up in Q4: report

The biggest losers were mainly in the prime Core Central Region, with losses of S$407,531 to S$2.2 million

Public previews for Narra Residences start from Jan 17, with sales bookings commencing on Jan 31.

Narra Residences kicks off 2026’s new launches with prices starting at S$998,000

The Santarli-led project comprises 540 units in eight blocks

What will 2026 hold for HDB resale flats, new condos, resale condos and landed homes?

Where is Singapore’s housing market headed in 2026?

Singapore’s housing market enters 2026 with a mix of relief and tension. Prices have cooled from their post-pandemic surge, but not enough to calm nerves. Mortgage rates are lower, yet economic clouds...

Price growth of bigger units was more significant for most districts in the downtown area, suggesting that both developers and buyers are starting to acknowledge the importance of “space” and pricing a premium for more square footage.

The space premium: A value proposition for larger homes

Data shows that while small-format units are more palatably priced, more spacious condos may offer better price growth potential

Including executive condos, 346 units were sold in November, with 347 units launched.

New home sales shrink in November after October spike, with only one project launched

Developers sell 325 units, down 86.6% from October’s high, and 87.3% lower on a year-on-year basis

Dreams of condo and car ownership may get harder for upper-middle-income households to realise, even if such households enjoy steady income growth. 
THE LEVEL GROUND

Are condo and car ownership getting harder for Singapore’s upper middle class?

Rise in private-home prices and car COE premiums outpaces income growth of 80th percentile of households