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THE LEVEL GROUND

Housing developers should brace for rougher conditions in 2026

Slower economy, more tepid HDB resale market and stiff competition for land await 

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Leslie Yee

Leslie Yee

Published Mon, Dec 1, 2025 · 10:38 AM
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    • Low interest rates may not be sufficient to keep private housing demand buoyant in 2026.
    • Low interest rates may not be sufficient to keep private housing demand buoyant in 2026. PHOTO: TAY CHU YI, BT

    [SINGAPORE] Sales is the lifeblood of any business. On that count, 2025 has been great for housing developers and property agents here.

    Excluding executive condominiums (ECs), developers sold 2,424 units of new private homes in October, about nine times the total of the month before and 224 per cent higher year on year, based on data by the Urban Redevelopment Authority.

    Analysts reckon that new private home sales, excluding ECs, could come in at 11,000 for 2025 – the highest in four years.

    The Level GroundSingapore residential propertyResidentialCONDOSProperty developers

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