Commentary on Monthly New Home Sales for June 2026

By Tricia Song (宋明蔚), Head of Research, Singapore and Southeast Asia, CBRE

In the absence of new launches amid the school holidays lull, June’s developer sales slowed to the lowest monthly level in over two years. 156 new private homes were sold, down 65.1% m-o-m from 447 units in May 2026, and down 42.6% y-o-y from 272 units in June 2026. This is also the lowest monthly sales since 153 units were sold in February 2024. 

June sales take the tally of new sales in H1 2026 to 4,164 units, 9.2% below the 4,587 units recorded in H1 2025. New sales momentum is, however, expected to pick up in the months ahead as some attractive launches test the market. Homebuying appetite appears to stay resilient despite heightened volatility and economic uncertainty from the ongoing Middle East conflict amid low mortgage rates.

Top 10 Best-selling Projects in Jun 2026 (including ECs and landed)

Project Name	Street Name	Tenure	Locality	Units Sold in the Month	Median Price ($psf) in the Month	% of project sold to date
COASTAL CABANA (EC)	JALAN LOYANG BESAR	99 yrs	OCR	21	$1,836	82.5%
HUDSON PLACE RESIDENCES	MEDIA CIRCLE	99 yrs	RCR	12	$2,577	67.6%
THE CONTINUUM	THIAM SIEW AVENUE	Freehold	RCR	11	$2,789	95.7%
UNION SQUARE RESIDENCES	HAVELOCK ROAD	99yrs	RCR	11	$2,762	48.6%
CHUAN PARK	LORONG CHUAN	99 yrs	OCR	11	$2,631	96.4%
TERRA HILL	YEW SIANG ROAD	99 yrs	RCR	9	$2,654	75.6%
ELTA	CLEMENTI AVENUE 1	99 yrs	OCR	6	$2,825	82.2%
BLOOMSBURY RESIDENCES	MEDIA CIRCLE	99 yrs	RCR	6	$2,551	86.9%
THE SEN	JALAN JURONG KECHIL	99 yrs	RCR	6	$2,341	38.3%
NARRA RESIDENCES	DAIRY FARM WALK	99 yrs	OCR	6	$2,219	34.3%
RIVELLE TAMPINES (EC)	TAMPINES STREET 95	99 yrs	OCR	6	$1,947	97.9%

Source: CBRE Research, URA

In June, as there were no new launches in June, the top 10 best-selling projects in the month were all existing launches from the RCR and OCR, including 2 EC developments.    

EC project, Coastal Cabana (748 units) at Jalan Loyang Besar, which launched in January 2026 was the best-selling project, moving another 21 units at a median price of $1,836 psf. This EC project, which was launched in January 2026, has seen renewed interest after major EC policy changes were to take effect on new EC sites sold after 8 May 2026. Key changes include doubling the Minimum Occupation Period (MOP) to 10 years, removing the Deferred Payment Scheme (DPS), and raising the first-timer quota to 90%. 

The second-best performer in June was RCR project Hudson Place Residences (327 total units) which moved 209 units at a median price of $2,465 psf last month after its mid-May launch. 12 more units were sold in June at a median price of $2,577 psf. 

Tied in third place with 11 units transacted are RCR projects The Continuum (816 units), Union Square Residences (366 units) and OCR launch Chuan Park (916 units) which saw units trade at median prices of $2,789 psf, $2,762 psf and $2,631 psf respectively. 

By market segment, June 2026’s developer sales (excluding ECs) were led by the Rest of Central Region (RCR), accounting for 84 units or 54% of total June sales, compared to 334 units (75%) in May 2026.

• The Outside Central Region (OCR) moved 57 units or 37% of total June sales after 91 units (20%) in May 2026.
• The Core Central Region (CCR) moved 15 units (10% of total June sales), down from 22 units (5%) in May.

New Home Sales (excl. ECs) by quantum

Outlook and forecasts