Luxury home sales in Singapore’s Core Central Region (CCR) saw a notable increase in Q1 2026, according to a report by Realion (OrangeTee & ETC) Group. From January to March, 188 landed and non-landed homes were sold for at least S$5m each, surpassing the previous quarters and the three-year quarterly average of 137 units.
The report highlights that luxury new sales have risen for the fourth consecutive quarter, reaching 55 units, the highest since Q4 2023. River Modern led the transactions, followed by Skye at Holland, UPPERHOUSE at Orchard Boulevard, and Watten House. Despite a 4% dip in the total transaction value to S$1.7b, the market remains robust.
A significant jump was observed in transactions for flats priced above S$3,000 per square foot (psf), with 75 units sold in Q1 2026, marking the highest quarterly transactions since Q4 2023. The Marq on Paterson Hill recorded the highest psf price at S$5,937, with a total price of S$37m.
However, the market for Good Class Bungalows (GCBs) saw a decline, with only four transactions in Q1 2026 compared to nine in the previous quarter. Despite this, the transaction volume was higher than the same period last year.
The report suggests that Singapore’s reputation as a safe haven for wealth preservation continues to attract high-net-worth individuals, ensuring sustained demand for luxury properties amidst global uncertainties.
