Luxury demand broadens across Singapore's prime projects in first half
Broad participation and above-average Q2 activity signal resilient investment demand, which may support transaction liquidity across prime developments rather than only leading projects.
Singapore luxury condominium transactions spanned 101 prime projects in 1H2026, with Q2 recording 162 deals versus the three-year quarterly average of 137.
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Prime luxury home buying was spread across 101 projects in 1H2026.
Demand for Singapore's luxury condominiums remained broad-based in the first half of 2026, with transactions recorded across 101 prime projects, reflecting resilient investment appetite rather than sales concentrated in a handful of developments, according to Realion (OrangeTee & ETC) Research.
Based on URA Realis caveat data, River Modern led luxury condominium transactions with 44 deals, followed by The Draycott (11 units), Goodwood Residence (eight units) and Leedon Residence (eight units).
The report also noted that luxury activity remained elevated despite easing quarter-on-quarter. There were 191 qualifying transactions in Q1 2026, the highest quarterly level in 14 quarters, before moderating to 162 deals in Q2 2026. Even so, Q2 sales remained above the three-year quarterly average of 137 transactions recorded between Q1 2023 and Q4 2025.
Realion Research said the surge in Q1 coincided with the outbreak of the Middle East war, with geopolitical uncertainty and higher oil prices prompting some investors to reallocate capital from riskier assets into prime residential property.