A sudden burst of activity—think the morning rush at a hawker centre when the chicken rice stalls open—saw private home sales in March 2026 hit 1,301 units, the strongest figure in six months. That’s a 78.3 % jump from the 729 units sold a year earlier and more than five times February’s meagre 246.
The surge wasn’t a fluke; it was a full‑blown market rebound, driven by both suburban projects and prime central launches that emptied out like a lunch line at Lau Pa Sat.
The numbers tell a story of geography. Outside the Central Region supplied just over half the sales—51.2 %—while the Core Central Region contributed 36.3 % and the fringe of the city 12.5 %. In other words, buyers are spreading out, not just crowding the CBD.
Suburban projects took the lead, yet even the high‑rise gems in the heart of the city saw strong uptake, proving that demand is not limited to one belt. Suburban estates remained popular despite modest price fluctuations, with affordability and amenities continuing to draw consistent buyer interest across the Outside Central Region.
Launch performance was spectacular. River Modern, with 455 units, sold 90 % of its inventory on the opening weekend. Rivelle Tampines EC and Pinery Residences mirrored that near‑sell‑out vibe.
Developers introduced 1,615 new units in March, a stark contrast to February’s 15. The sheer volume of launches gave buyers a buffet of choices, and they ate up the premium options like hawker stalls on a rainy afternoon.
Executive condominiums (ECs) hit a milestone: 1,087 units sold in Q1 2026, the first time in 13 quarters that the figure crossed the 1,000 mark.
March alone saw 275 ECs priced at S$2 million or more, smashing the previous record of 150. Premium pricing surged, with 411 units at S$1,900 psf and above—410 of those from Rivelle Tampines. Only ten ECs had ever reached that tier before, signalling a robust appetite for upscale suburban living.
Quarterly context tempers the optimism. Q1 private home sales fell 31.6 % from Q4 2025 and 40.4 % year‑on‑year, leaving the March surge as a bright spot in an otherwise quiet season.
Seasonal lull and Chinese New Year pull‑back explained the early‑year dip, but the near‑sell‑out launches rekindled confidence.
Price trends show a modest 3‑4 % rise in average private home prices for 2026, with premium ECs pushing per‑square‑foot rates higher. The market remains resilient despite broader economic uncertainties, thanks to accommodative financing and a pipeline of projects like Vela Bay, Tengah Garden Residences, and Lentor Gardens.
Analysts forecast roughly 9,000 private homes (excluding ECs) and 14,000‑15,000 resale units for the year, a clear sign that the momentum is set to continue.
Key takeaways
- March 2026: 1,301 units sold – six‑month high.
- Regional split: 51.2 % outside Central, 36.3 % Core Central.
- Launch success: River Modern, Rivelle Tampines, Pinery Residences near sell‑outs.
- EC boom: 1,087 Q1 units, 275 above S$2 million in March.
- Outlook: 9,000 new homes, 14‑15k resale units projected for 2026.
The Core Central Region accounted for 36.3 % of the sales, underscoring its pivotal role in the market rebound. ~1,355 new private homes were sold in Q1 2026 (excluding EC).
