Savills Research indicates that while private residential transaction volumes moderated in the fourth quarter of 2025, market fundamentals remain resilient, with 2026 likely to see selective repricing between the Rest of Central Region (RCR) and the Core Central Region (CCR). As price benchmarks in certain city-fringe projects edge closer to prime levels, narrowing differentials are expected between these segments, alongside overall private residential price growth of around 3% in 2026.

In 2025, new home sales reached 10,815 units, surpassing the 10,000-unit mark for the first time since 2021 and marking a second consecutive year of growth. Total launches rose significantly to 11,482 units — the highest annual volume since 2013 — reflecting developers’ confidence in underlying demand and improved take-up conditions over the year.

Although new sales eased 10.6% quarter-on-quarter (QoQ) to 2,940 units in Q4/2025 amid fewer project launches, take-up rates remained firm, indicating that demand continues to track supply closely. The RCR accounted for more than half of new sales during the quarter, supported by strong absorption at several newly launched projects such as Penrith and Zyon Grand, while Skye at Holland in the CCR recorded one of the strongest take-ups despite its prime positioning.

Looking ahead, SAVILLS Singapore expects 2026 to see sales activity concentrated in the RCR and CCR segments, with selected RCR launches potentially overlapping into CCR pricing territory. Upcoming launches such as River Modern in River Valley and Newport Residences along Anson Road are expected to anchor pricing benchmarks in the prime districts, while a pipeline of city-fringe projects could continue to test upper-bound pricing in the RCR.

Alan Cheong, Executive Director, Research & Consultancy, SAVILLS Singapore, said:“Following the significant islandwide price reset that began around mid-2022 and kickstarted by projects such as Piccadilly Grand and Lentor Modern, it may take another one to two years before a broader market-wide repricing reoccurs. However, at the segment level, we are likely to see some repricing within the RCR and CCR in 2026, as selected RCR launches begin to test price points traditionally associated with the CCR.”

Private residential prices continued to rise in Q4/2025, albeit at a slower pace, with the URA price index increasing 0.6% QoQ. For the full year, prices grew 3.3%, supported by resilient owner-occupier demand and healthy absorption of new launches.

SAVILLS Singapore projects overall private residential prices to rise by approximately 3% in 2026, underpinned by sustained launch activity and continued buyer interest in well-located projects across city-fringe and prime districts.

TABLE 1: New Launches In Q4/2025

TABLE 2: Major Upcoming Launches from Q1/2026