Residential

THE LEVEL GROUND

Imagining a housing market without ABSD

A world where the private homes market has fewer shackles and all locals can buy new HDB flats

The Peirce Road property is held jointly by Tan Huan Gie nee Ong – the daughter of Metro founder Ong Tjoe Kim – and Tan Cheng Han, a grandniece of Tan Kah Kee.
SINGAPORE PROPERTY

Peirce Road GCB jointly owned by Jopie Ong’s sister and kin of Tan Kah Kee being sold for S$148 million

The transaction, now at option stage, would be the biggest Good Class Bungalow deal done in years

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

Towns with the largest number of flats reaching their minimum occupation period in 2026 include Punggol, Queenstown and Toa Payoh, say market watchers.
OUTLOOK 2026

Modest HDB resale price growth expected in 2026 amid rising supply

Analysts project resale prices of Housing & Development Board flats to rise by 1-5%

Amid strong new condo sales in H2 2025, trimming new housing supply from confirmed list sites in the H1 2026 GLS programme may be counter-intuitive.
THE LEVEL GROUND

Should the government have boosted housing supply in its H1 2026 land sales programme?

More supply could help meet robust demand from homebuyers and developers, moderate prices and generate more economic activity

Two blocks in Coastal Cabana will have a communal roof terrace open to all residents in the development.
SINGAPORE PROPERTY

Preview starts for Coastal Cabana executive condo project next to Downtown East

Prices of three-bedders start from S$1.438 million for a 872 sq ft unit, reflecting S$1,649 psf

Low interest rates may not be sufficient to keep private housing demand buoyant in 2026.
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 

The state-land site in Bedok Rise is expected to yield some 380 private homes.
SINGAPORE PROPERTY

Bedok Rise site draws 10 bids, topped by Allgreen Properties’ S$1,330 psf ppr

Top bid is higher than expected, and comes after Bayshore parcel was sold for S$1,388 psf earlier this year

As more singles seek to purchase their own homes, the government has expanded public housing options in recent years.

Average HDB household size shrinks further, with 1-person households rising to 1 in 6

While most seniors prefer not to sell and move, more singles living with their families plan to buy their own home, HDB sample household survey shows