Fewer new condo launches expected in 2026, with significant number in suburbs

Developers are expected to roll out fewer private homes in 2026, following a surge in new home sales in 2025 that pushed transactions to a four-year high.

- Joyce Lim Senior Correspondent

A 2026 market outlook report by OrangeTee, a member of Realion Group, estimated that new private condominium launches, excluding executive condominiums (ECs), will fall from 26 projects in 2025 to 17 in 2026. The number of units launched will also drop by about 29 per cent, from 11,430 to 8,113.

Eight new projects will be in suburban estates such as Tengah, Tampines, Bayshore and Lakeside. The city fringe will see four new launches, and the core central region (CCR), five.

Even as the supply of new launches shrinks, more homes will be completed or will obtain their Temporary Occupation Permit (TOP) in 2026, adding to the pool of completed or near-completion units that buyers can move into quickly, the report noted.

Data from the Urban Redevelopment Authority showed that the number of private homes, excluding ECs, obtaining their TOP is projected to rise from 5,249 units in 2025 to 7,006 units in 2026.

The softer launch pipeline comes as the number of launched units from the Government Land Sales (GLS) programme’s confirmed list has declined. The Government will release land for about 4,500 private housing units on the confirmed list for the first half of 2026, down from the 4,725 units in the preceding half-year, noted OrangeTee’s report.