Singapore New Home Sales Surge 78% as EC Pricing Hits New Benchmarks
SH
Silas Hastings
new home sales data · Apr 15, 2026
Source: DojiDoji Data Terminal
New private home sales in March surged 78.3% over the same month last year, with 1,300 units sold. The volume of Executive Condominiums (ECs) sold for at least S$2 million hit a high in March, with 275 units moving at that price point, surpassing the previous high of 150 units in March 2025. 411 ECs were sold for S$1,900 per square foot and above in March, with 410 of those units coming from Rivelle Tampines. Historically, only 10 ECs have been sold at this price point.
This rebound follows a four-month lull characterized by year-end seasonal pullbacks and the Chinese New Year. Total first-quarter sales reached 2,012 new private homes, a 31.6% decline over the previous quarter and 40.4% lower year on year.
In March, 1,300 private homes were sold, excluding ECs. Including ECs, 1,937 units were sold against 1,615 units launched. The 455-unit River Modern in River Valley moved 90% of its units over its launch weekend. Rivelle Tampines EC and Pinery Residences in Tampines Tampines own same.
Developers launched 1,615 new private homes in March.
new home sales data
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