New private home sales down 42.6% in June amid school-holiday lull, no new launches
Developers sold 156 units, from the 272 units moved in June 2025
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[SINGAPORE] Developers in Singapore sold 156 private homes in June, down 42.6 per cent from the 272 units moved a year earlier, data released by the Urban Redevelopment Authority showed on Wednesday (Jul 15).
The latest June sales figure – which excludes executive condominiums (ECs) – is also about a third of the 447 units sold in May this year.
The lower sales tally followed a month with no new private home launches – a first since records began in 2007, noted Nicholas Mak, Mogul.sg chief research officer.
Including ECs, 184 units were sold in June with no new launches, versus the 305 units sold and 103 units launched in the same month in 2026. In comparison, 493 units were sold and 357 units were launched in May 2026.
Sales activity and new project launches typically slow during the June school holiday period, said Huttons Asia chief executive Mark Yip.
“Developers were likely waiting for an opportune time like (July) to launch their projects.”
Among the three market segments, the Rest of Central Region, or city fringe, led in condo and private apartment sales, accounting for 53.8 per cent of sales in June.
This was followed by the suburban Outside Central Region, which accounted for 36.5 per cent of primary sales, and the prime Core Central Region, which made up 9.6 per cent of new sales last month.
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