# Take-up of new private homes dives 45% in Q3 as prices accelerate with 1.4% rise

- **Source:** The Business Times
- **Published:** 2026-10-23T01:28:31.000Z
- **Author:** Jeanne Mah
- **Original:** https://www.businesstimes.com.sg/property/take-new-private-homes-dives-45-q3-prices-accelerate-1-4-rise
- **Topics:** Private Residential, New Launches, Transactions & Deals

## Featured rationale

The divergence suggests reduced launches constrained sales more than underlying pricing, although 3,559 completions and substantial future supply could give buyers more options.

## AI summary

Developers sold 1,183 new private homes in 3Q2026, down 44.7% from 2,141 units in Q2, while overall private-home prices rose 1.4%.

## Original article

[SINGAPORE] The take-up of newly launched private homes took a 44.7 per cent hit in the third quarter of 2026, as developers launched fewer projects in a slow season while overall residential prices picked up their pace.

Private home prices as a whole rose 1.4 per cent in Q3, faster than the 0.5 per cent registered in the second quarter. Overall, the private residential property price index chalked up the same gain as indicated in earlier flash estimates.

On average, private residential prices have risen 0.9 per cent per quarter in the first three quarters of 2026, similar to the pace recorded over the corresponding period in 2025, said the Urban Redevelopment Authority.

Private home rents also rose, increasing 1.3 per cent in Q3 from a 0.7 per cent gain in Q2. Rents of landed homes rose 2.1 per cent, while those of non-landed homes increased 1.2 per cent.

Developers’ sales of new private homes fell to 1,183 units in Q3 2026, down almost 45 per cent from 2,141 in the previous quarter.

Some 1,140 uncompleted private residential units, excluding executive condominiums (ECs), were launched in Q3, down from 1,783 in the previous quarter. Developers also sold 68 EC units in Q3, down from 175 in Q2. No new EC units were launched for sale in either quarter.

The stock of completed private residential units, excluding ECs, grew by 3,491 units in Q3, compared with an increase of 416 units in the previous quarter. Including ECs, total completions reached 3,559 units, the highest quarterly number since Q3 2024.

Landed home prices led the index, rising 2.9 per cent in Q3, up from a 2.5 per cent increase in the previous quarter. Prices of non-landed homes also gained pace, reversing from Q2’s 0.1 per cent dip and rising 1 per cent in Q3.

Among non-landed homes, prices in the suburban Outside Central Region rose the fastest, with the 2.3 per cent gain reversing a 0.1 per cent decline in the previous quarter.

Prices in the prime Core Central Region flattened to a 0.3 per cent rise, moderating from a 1.8 per cent gain in Q2. In the Rest of Central Region, which covers city-fringe areas, prices were unchanged after falling 1.2 per cent in the previous quarter.

Meanwhile, resale transactions edged down to 3,801 units in Q3, from 3,813 in the previous quarter. Sub-sale transactions fell to 162 from 194.

On the supply front, about 57,200 private residential units, including ECs, are expected to be completed over the next few years. Of these, about 22,300 units are expected to be completed by 2028, with another 34,900 units projected from 2029 onwards.

Confirmed sites put up for sale in the government land sales programme for the second half of 2026 will offer 4,745 private residential units, bringing the full-year supply to 9,320 units.

In public housing, Housing & Development Board (HDB) resale prices fell 0.1 per cent in Q3, extending their decline for a third consecutive quarter, data from the agency showed. Prices fell 0.3 per cent in Q2 and 0.1 per cent in Q1.

Resale flat transactions rose 19.5 per cent quarter on quarter to 7,645 in Q3, from 6,396 in Q2. The number was also 5.9 per cent higher than the 7,221 transactions recorded in Q3 2025.

HDB said it had not observed a significant increase in prices or in the number of resale flats purchased by existing and former private residential property owners since the 15-month wait-out period was removed on Jul 28.

## Chinese translation

> Translation model: grok_cli

### 第三季度新私宅吸纳量骤降45%，价格加速上涨1.4%

发展商本季度售出1,183个新私宅，已竣工私人住宅单位存量则有所上升

［新加坡］2026年第三季度，新推出私宅的吸纳量下降44.7%，发展商在淡季推出的项目较少，与此同时整体住宅价格加快上涨。

私宅价格整体在第三季度上涨1.4%，快于第二季度录得的0.5%。整体而言，私人住宅价格指数录得的涨幅与早前初步估算所示相同。

2026年前三个季度，私人住宅价格平均每季度上涨0.9%，与2025年同期录得的速度相近，市区重建局表示。

私宅租金亦上涨，第三季度上升1.3%，而第二季度的涨幅为0.7%。有地住宅租金上涨2.1%，非有地住宅租金上涨1.2%。

2026年第三季度，发展商的新私宅销售降至1,183个单位，较上一季度的2,141个单位下降近45%。

第三季度推出约1,140个未竣工私人住宅单位（不包括执行共管公寓），低于上一季度的1,783个。发展商在第三季度亦售出68个执行共管公寓单位，低于第二季度的175个。两个季度均没有新的执行共管公寓单位推出发售。

不包括执行共管公寓在内，已竣工私人住宅单位存量在第三季度增加3,491个，上一季度则增加416个。若计入执行共管公寓，竣工总量达到3,559个单位，为2024年第三季度以来的最高单季数字。

有地住宅价格领涨指数，第三季度上涨2.9%，高于上一季度2.5%的涨幅。非有地住宅价格亦加快上涨，由第二季度下跌0.1%转为第三季度上涨1%。

在非有地住宅中，郊区中央区以外的价格涨幅最快，上涨2.3%，扭转了上一季度0.1%的跌幅。

黄金地段核心中央区的价格涨幅放缓至上升0.3%，低于第二季度1.8%的涨幅。涵盖城市边缘地区的其他中央区，价格在上一季度下跌1.2%后保持不变。

与此同时，第三季度转售成交微降至3,801个单位，上一季度为3,813个。未竣工转售交易从194宗降至162宗。

供应方面，未来数年预计将竣工约57,200个私人住宅单位（包括执行共管公寓）。其中约22,300个单位预计在2028年之前竣工，另有34,900个单位预计自2029年起竣工。

2026年下半年政府售地计划中推出发售的确认地段将提供4,745个私人住宅单位，使全年供应量达到9,320个单位。

在公共住房方面，建屋发展局（HDB）组屋转售价格在第三季度下跌0.1%，连续第三个季度延续跌势，该局数据显示。价格在第二季度下跌0.3%，第一季度下跌0.1%。

第三季度转售组屋成交量环比上升19.5%至7,645宗，第二季度为6,396宗。该数字亦比2025年第三季度录得的7,221宗交易高出5.9%。

建屋发展局表示，自7月28日取消15个月等待期以来，并未观察到价格显著上涨，也未观察到现有及前任私人住宅业主购买的转售组屋数量显著增加。