New home sales in Singapore experienced a significant decline in December 2025, marking the second consecutive month of reduced sales. According to data from the Urban Development Authority (URA), sales excluding Executive Condominiums (ECs) fell by 39.4%, from 325 units in November to 197 units in December. This figure also represents a 3% decrease compared to December 2024.
The dip in sales is attributed to the holiday season, during which prospective buyers were on holiday and developers typically delay new launches. December’s sales were the lowest for the year, with only one new launch, the 186-unit Pollen Collection II. The Continuum, Otto Place, and Nava Grove were among the best-selling projects.
Despite the December slump, 2025 saw a robust overall performance with 10,821 new units sold, excluding ECs. This was a significant increase from the 6,469 units sold in 2024, making it the highest annual sales volume since 2021. Christine Sun, Chief Researcher & Strategist of Realion (OrangeTee & ETC), noted that the strong sales were driven by lower interest rates, attractive project locations, and a stabilising global economy.
Looking ahead, 2026 is expected to see the launch of approximately 8,113 new homes, with many projects located in more affordable suburban areas. Prices of new homes are anticipated to rise moderately by 2 to 4%. An estimated 8,500 to 9,500 new homes may be sold in 2026, slightly less than in 2025 but more than in 2024.
