Developer sales in July experienced a robust rebound, with 731 new private homes sold, marking a significant increase from the 156 units transacted in June. This surge was largely attributed to the successful launches of Lentor Gardens Residences and Dunearn House, which revitalised buyer interest after a month of no new private residential launches.
The introduction of 889 units across six projects in July provided buyers with a wider array of choices, significantly boosting market activity. Lentor Gardens Residences and Dunearn House were the primary contributors, launching 499 and 250 units respectively, and together accounting for 83.3% of the month’s new supply. These two projects alone represented 65.9% of all new private homes sold, underscoring the critical role of new launches in driving sales.
Lentor Gardens Residences emerged as the top-selling project with 270 units sold at a median price of $2,357 per square foot (psf). Dunearn House followed closely with 212 units at a median price of $3,111 psf. The strong performance of these projects indicates sustained buyer confidence in well-located and competitively priced developments.
Looking ahead, the market is poised for continued activity with several anticipated launches, including Lucerne Grand and Thomson Reserve. Whilst a temporary dip in sales is expected in August due to the Hungry Ghost Festival, the introduction of new projects is likely to sustain momentum in the latter half of 2026.
