# Singapore luxury home transaction value eases in Q2 despite resilient resale market

- **Source:** Real Estate Asia
- **Published:** 2026-07-20T23:32:21.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/residential/news/singapore-luxury-home-transaction-value-eases-in-q2-despite-resilient-resale-market
- **Topics:** Private Residential, New Launches, Government & Policy

## Featured rationale

The contrasting 6.1% rise in resale value signals demand shifting toward available completed properties, potentially supporting resale liquidity until new luxury launches return.

## AI summary

Singapore luxury residential transaction value fell 3.6% quarter-on-quarter to S$1.67 billion in Q2 2026 as new-home value dropped 40.7%.

## Original article

The total transaction value eased 3.6% to S$1.67b during the quarter.

Singapore's luxury residential market saw total transaction value ease 3.6 per cent quarter-on-quarter (QoQ) to S$1.67 billion in Q2 2026 from S$1.73 billion in Q1 2026, according to Realion (OrangeTee & ETC) Research. The figures include bulk transactions.

The research found that the decline was driven by weaker new home sales, with the total value of luxury new transactions falling 40.7 per cent QoQ from S$371 million to S$220 million. In contrast, luxury resale transaction value rose 6.1 per cent over the same period to S$1.43 billion from S$1.35 billion.

Citing URA Realis caveat data, Realion Research also noted that the number of Core Central Region condominiums transacted for at least S$5 million and above S$3,000 psf, excluding bulk deals, fell to 52 units in Q2 from 73 units in Q1. In the absence of new luxury launches, new sales in this price segment declined to 19 units from 50 units, with transactions recorded at projects including 21 Anderson, 32 Gilstead, Park Nova, River Modern, Skye at Holland, Skywaters Residences, The Giverny Residences, UPPERHOUSE at Orchard Boulevard and Watten House.

The highest psf price achieved during the quarter was S$5,947 psf for a 195 sq m unit at Skywaters Residences, which was sold for S$12.5 million in April. This was followed by a unit at 21 Anderson that changed hands at S$5,013 psf, or S$22.5 million, also in April, according to the report.

## Chinese translation

> Translation model: grok

### 新加坡豪华住宅成交总额第二季回落，转售市场仍具韧性

新加坡豪华住宅市场成交总额环比下降3.6%，由2026年第一季的17.3亿新元降至第二季的16.7亿新元

本季成交总额回落3.6%至16.7亿新元。

根据Realion（OrangeTee & ETC）Research的数据，新加坡豪华住宅市场成交总额环比（QoQ）下降3.6%，由2026年第一季的17.3亿新元降至2026年第二季的16.7亿新元。上述数字包含大宗交易。

研究显示，跌幅主要受新盘销售走弱拖累，豪华新盘成交总额环比下跌40.7%，由3.71亿新元降至2.20亿新元。相比之下，豪华转售成交额同期上升6.1%，由13.5亿新元增至14.3亿新元。

Realion Research引用市区重建局（URA）Realis caveat数据亦指出，核心中央区（Core Central Region）成交价至少500万新元、且每平方英尺超过3,000新元的共管公寓成交量（不含大宗交易），由第一季的73个单位降至第二季的52个单位。由于没有新的豪华盘推出，该价位段的新盘成交由50个单位降至19个单位，成交项目包括21 Anderson、32 Gilstead、Park Nova、River Modern、Skye at Holland、Skywaters Residences、The Giverny Residences、UPPERHOUSE at Orchard Boulevard以及Watten House。

本季录得的最高每平方英尺成交价为Skywaters Residences一套195平方米单位，达5,947新元/平方英尺，于4月以1,250万新元售出。其次是21 Anderson的一套单位，同样在4月以5,013新元/平方英尺成交，总价2,250万新元。