# Spike in number of new private homes sold in September 2026 as larger-quantum deals dominate - **Source:** EdgeProp Singapore - **Published:** 2026-10-15T05:08:39.000Z - **Author:** Fiona Lam - **Original:** https://www.edgeprop.sg/property-news/spike-number-new-private-homes-sold-september-2026-larger-quantum-deals-dominate - **Topics:** Private Residential, New Launches, Government & Policy ## Featured rationale The rebound and concentration of deals from $2.5 million to below $10 million signal resilient higher-budget demand, potentially supporting larger homes and selected upcoming launches. ## AI summary Developers sold 296 new private homes excluding ECs in September 2026, up 93.5% from August, with 19 landed sales reaching the highest monthly volume since April 2018. ## Original article Property developers in Singapore moved 296 new homes — excluding executive condos (ECs) — this September, up 16.1% y-o-y and surging 93.5% from August, according to data released by URA on Oct 15. Sales spiked as the Lunar Seventh Month — also known as the Hungry Ghost Festival, when sales activity tends to be muted in the absence of major new launches — came to an end on Sept 10. A large share of September’s transactions were also for higher-priced properties. Of the 296 new private homes sold last month, 19 were landed properties — the highest monthly volume since April 2018, said Huttons Asia CEO Mark Yip. Explore comprehensive data about all ECs, including the average profit at 5 and 10 years “Significant wealth accumulation over the years has enabled more Singaporeans, many already staying in private residential property, to purchase new landed homes,” Yip noted. At the same time, the price premium for a new terrace home over a resale unit narrowed to 20.8% in the third quarter of 2026, down from 27.7% in the second quarter. That prompted buyers to consider a new terrace home, in Yip’s view. By region, the Rest of Central Region (RCR) or city fringe, and the Outside Central Region (OCR) or suburbs, together accounted for 256 units or 86.5% of total developer sales (excluding ECs) in September. SRI head of research and data analytics, Mohan Sandrasegeran, said the RCR made up the biggest share at 44.3%, or 131 units sold, while the OCR accounted for 42.2% with 125 units sold. The Core Central Region (CCR) or prime areas represented about 13.5% of 40 units. More units launched for sale The number of new homes put on the market in September was also higher at 158. That is up 36.2% m-o-m from 116, and 7.9 times the year-ago volume of just 20 units launched in September 2025, according to Huttons. Amberwood at Holland was the only condo project launched last month, with 24 units sold. More than 60% of these units transacted were four-bedroom and five-bedroom apartments, given Amberwood’s appeal to families. Two-thirds of the homes sold at the condo were also priced above $3 million, which Yip reckons may have limited the demand pool. Read also: Four-bedder at Bishan Park Condominium resold at $1.77 mil profit, the highest at the development The CCR project debuted on Sept 25, moving 11% of its total 212 units at an average price of about $3,019 psf. If going by the 70 units released in the first phase, the take-up rate was 33% at launch. Demand for Amberwood at Holland was primarily driven by owner-occupiers and families drawn to the spacious homes and low-density living concept, said Chistine Sun, chief researcher and strategist of Realion (OrangeTee & ETC) Group. The best-selling project by volume was Terra Hill with 32 units sold at a median price of $2,209 psf, followed by The Sen with 25 units transacted at a median of $2,386 psf. ERA CEO Marcus Chu said: “Attractive pricing may have been a key factor in the rebound in sales… The median new-sale prices for both [Terra Hill and The Sen] were below the wider RCR equivalent of $2,522 psf for new non-landed private homes in September.” Amberwood at Holland took third place. Lentor Gardens Residences and Dunearn House also made the list of best-selling projects. Sandrasegeran noted that the continued sales at such projects, after their launches in July, “suggest that buyer interest has extended beyond their initial launch periods”. “This is particularly noteworthy given the relatively quieter primary market environment in August and September,” he added. Read also: From $833 to $1,312 psf ppr: What has been driving a decade of rising GLS land prices? Meanwhile, among landed residential projects, Luxus Hills moved 18 terrace houses and Belgravia Ace sold nine semi-detached, strata landed units in September. The landed home sales pushed up the median quantum of units sold in the OCR to $3.2 million for the month, Huttons' Yip said. And in the first nine months of this year, developers launched an estimated 4,790 units for sale, which is down 41.9% y-o-y as compared to the 8,247 units in the same period last year. Sales totalled around 5,334 units in the first nine months, falling by 30.4% y-o-y. Sandrasegeran said the lower transaction volume for the nine-month period should be viewed in the context of a relatively limited new-launch pipeline during the year, with several government land sales (GLS) sites awarded in earlier periods expected to enter the market only in 2027. Homes that fetched $2.5 million and above Given the larger-quantum deals that were sealed at Amberwood at Holland, Belgravia Ace and Luxus Hills in September, almost 65% of the transactions in the month were within the price range of $2.5 million to below $10 million, Huttons data showed. Chu from ERA likewise pointed out that strong take-up of three- and four-bedroom homes at existing projects such as Lentor Mansion and Terra Hill drove much of the volume in the $2.5 million to $3 million price range. The priciest deal involved a 2,088 sq ft unit at Skywaters Residences, sold to a Singaporean for $11.48 million. It is also the only ultra-luxury condo unit sold for at least $10 million in September, compared to none in August, according to Realion’s Sun. This was followed by the sale of two semi-detached homes on Upper Neram Road and Aida Street, for $8.9 million and $8.6 million, respectively. Sun noted that luxury home demand remained firm, with two new non-landed homes in the CCR sold for at least $5 million but below $10 million. That is up from one transaction in the previous month. Both of those units were 2,056 sq ft apartments at UpperHouse at Orchard Boulevard, fetching $7.8 million and $7.3 million. New EC sales remain soft In the EC segment, developers sold 23 new homes in September, up 27.8% m-o-m from the low base of 18 units sold in August. Coastal Cabana continued to lead new EC transactions for the fourth straight months, with 19 units moved at a median of $1,811 psf, according to ERA. Rivelle Tampines, which launched in March, accounted for two of the remaining new EC units sold. Altura and Otto Place each logged one transaction. “Fresh supply has been limited in the EC market with no new EC project rolled out since Rivelle Tampines,” said PropNex. “URA figures showed that just 145 EC are unsold in launched EC projects at the end of September.” More active launch pipeline expected to support 4Q2026 sales Looking ahead, new home sales momentum is likely to continue into October, as a more active fourth-quarter launch pipeline kicks off. Lucerne Grand, situated on Lakeside Drive in Jurong, has already provided “an encouraging start to the quarter”, selling more than 61% of its units over its launch weekend on Oct 3–4, said Sandrasegeran. At least three other private residential projects are set to book sales in the year’s final quarter. The Serra Residences, launching on Oct 16, is one of two major freehold projects in the CCR coming on the market this year. It is located on Bassein Road in prime District 11. Yip noted that freehold projects are scarce in Singapore, as they are dependent on housing developers redeveloping their freehold land bank or successfully acquiring a freehold site en bloc. Meanwhile, Thomson Reserve is a highly anticipated mega project in the Thomson area, priced from $2,608 psf or $1.544 million. The 1,268-unit mega development is scheduled to debut on Oct 31, and will be the largest new private residential project to launch in Singapore this year. Over on Stevens Road, The Park Residence is a 43-unit ultra-luxury freehold project that will feature large-format units of more than 4,000 sq ft each. “We expect buyers to remain selective and will gravitate towards projects where location, layout and pricing line up,” PropNex wrote. ## Chinese translation > Translation model: grok_cli ### 2026年9月新私人住宅销量激增，大额成交占主导 上月售出的296套新私人住宅中，19套为有地住宅——为2018年4月以来最高月度成交量。 据市区重建局（URA）10月15日公布的数据，新加坡发展商今年9月售出296套新住房（不含执行共管公寓EC），同比增长16.1%，较8月激增93.5%。 销量走高，是因为农历七月——又称中元节（饿鬼节），在没有大型新盘推出时销售往往较为清淡——已于9月10日结束。 9月成交中，高价房产也占了很大比重。 合登亚洲（Huttons Asia）首席执行官Mark Yip表示，上月售出的296套新私人住宅中，19套为有地住宅，为2018年4月以来最高月度成交量。 浏览所有执行共管公寓的综合数据，包括5年和10年的平均利润 “多年来显著的财富积累，使更多新加坡人——其中许多人已居住在私人住宅——有能力购买新的有地住宅。”Yip指出。 与此同时，新排屋相对转售单位的溢价在2026年第三季收窄至20.8%，低于第二季的27.7%。在Yip看来，这促使买家考虑购买新排屋。 按区域划分，中央区其他地区（RCR，即城市边缘）与中央区以外地区（OCR，即郊区）合计占9月发展商总销量（不含EC）的256个单位，即86.5%。 SRI研究与数据分析主管Mohan Sandrasegeran表示，RCR占比最大，达44.3%，即售出131个单位；OCR占42.2%，售出125个单位。 核心中央区（CCR，即黄金地段）约占13.5%，即40个单位。 更多单位推出销售 据合登数据，9月推向市场的新住房数量也更高，达158个单位。这较8月的116个单位环比上升36.2%，并为2025年9月仅推出20个单位的7.9倍。 Amberwood at Holland是上月唯一开盘的公寓项目，售出24个单位。 鉴于Amberwood对家庭买家的吸引力，这些成交单位中超过60%为四房与五房公寓。该公寓售出住房中三分之二定价也高于新币300万元，Yip认为这可能限制了需求池。 另读：Bishan Park Condominium一套四房单位转售获利新币177万元，为该项目最高 该CCR项目于9月25日亮相，售出全部212个单位中的11%，平均价约每平方英尺新币3,019元。若按首阶段推出的70个单位计算，开盘认购率为33%。 Realion（OrangeTee & ETC）集团首席研究员兼策略师Chistine Sun表示，Amberwood at Holland的需求主要由自住者和家庭买家推动，他们看中宽敞户型与低密度居住概念。 按成交量计，最畅销项目是Terra Hill，售出32个单位，中位价为每平方英尺新币2,209元；其次是The Sen，成交25个单位，中位价为每平方英尺新币2,386元。 ERA首席执行官Marcus Chu表示：“具吸引力的定价可能是销售回升的关键因素……两者（Terra Hill与The Sen）的新盘中位价，均低于9月RCR整体新非有地私人住宅每平方英尺新币2,522元的水平。” Amberwood at Holland位列第三。Lentor Gardens Residences和Dunearn House也进入最畅销项目名单。Sandrasegeran指出，这些项目在7月开盘后持续有成交，“表明买家兴趣已延续到最初开盘期之后”。 “考虑到8月和9月一手市场环境相对清淡，这一点尤其值得注意。”他补充说。 另读：从每平方英尺容积率新币833元至1,312元：是什么推动了政府土地销售（GLS）地价十年上涨？ 与此同时，在有地住宅项目中，Luxus Hills于9月售出18套排屋，Belgravia Ace售出9套半独立式分层有地单位。 合登的Yip表示，有地住宅成交把OCR当月售出单位的中位总价推高至新币320万元。 今年前九个月，发展商估计推出4,790个单位供售，同比下降41.9%，去年同期为8,247个单位。 前九个月销量合计约5,334个单位，同比下降30.4%。 Sandrasegeran表示，九个月成交量较低，应放在年内新盘供应相对有限的背景下看待，较早时期中标的多个政府土地销售（GLS）地段预计要到2027年才入市。 成交价达新币250万元及以上的住房 合登数据显示，鉴于9月Amberwood at Holland、Belgravia Ace和Luxus Hills达成的大额成交，当月近65%的交易落在新币250万元至低于1,000万元的价格区间。 ERA的Chu同样指出，Lentor Mansion和Terra Hill等现有项目的三房与四房单位认购强劲，推动了新币250万元至300万元价格区间的大部分成交量。 最高价成交是Skywaters Residences一套2,088平方英尺单位，以新币1,148万元售予一名新加坡人。 据Realion的Sun称，这也是9月唯一一套成交价至少新币1,000万元的超豪华公寓单位，而8月为零。 其后是Upper Neram Road和Aida Street两套半独立式洋房，分别以新币890万元和860万元成交。 Sun指出，豪华住房需求保持稳健，CCR有两套新非有地住宅以至少新币500万元但低于1,000万元成交，高于上月的一宗。 这两套均为UpperHouse at Orchard Boulevard面积2,056平方英尺的公寓，成交价分别为新币780万元和730万元。 新执行共管公寓销售仍然疲软 在执行共管公寓板块，发展商9月售出23套新住房，较8月18个单位的低基数环比上升27.8%。 据ERA称，Coastal Cabana连续第四个月领跑新执行共管公寓成交，售出19个单位，中位价为每平方英尺新币1,811元。 3月开盘的Rivelle Tampines占其余新执行共管公寓成交中的两套。Altura和Otto Place各录得一宗成交。 “执行共管公寓市场新增供应有限，自Rivelle Tampines以来没有新的执行共管公寓项目推出。”PropNex表示。“市区重建局数据显示，截至9月底，已开盘执行共管公寓项目中仅有145个单位未售。” 更活跃的开盘安排料将支撑2026年第四季销售 展望未来，随着第四季开盘安排更趋活跃，新住房销售势头料将延续至10月。 Sandrasegeran表示，位于裕廊Lakeside Drive的Lucerne Grand已为“本季提供了令人鼓舞的开局”，在10月3日至4日的开盘周末售出逾61%的单位。 年内最后一季至少还有三个私人住宅项目将录得销售。 The Serra Residences将于10月16日开盘，是今年CCR入市的两个主要永久地契项目之一，位于黄金地段第11区的Bassein Road。 Yip指出，永久地契项目在新加坡较为稀缺，取决于住房发展商重新开发其永久地契土地储备，或成功以集体出售方式购得永久地契地段。 与此同时，Thomson Reserve是汤申一带备受期待的大型项目，起价为每平方英尺新币2,608元或新币154.4万元。这个拥有1,268个单位的大型发展项目定于10月31日亮相，将成为新加坡今年推出的最大新私人住宅项目。 在Stevens Road，The Park Residence是一个仅有43个单位的超豪华永久地契项目，将提供每套超过4,000平方英尺的大户型单位。 “我们预计买家仍将保持挑剔，并会倾向地点、户型与定价相互匹配的项目。”PropNex写道。