Private home launch pipeline expected to climb to 14-year high in 2027

The Continuum, a sold-out 816-unit freehold condominium at Thiam Siew Avenue off Tanjong Katong Road, is among the private residential developments expected to be completed in 2027. Photo by Hester Tan.

Published Oct 30, 2026, 11:45 AM

Updated Oct 30, 2026, 11:58 AM

SINGAPORE - Homebuyers are set to have more options in 2027, with developers expected to roll out the largest supply of new private homes in more than a decade.

More than 30 projects, including five executive condominiums (ECs), are expected to be ready for launch, and are likely to yield about 16,800 new homes, said Christine Sun, chief researcher and strategist at Realion (OrangeTee & ETC) Group .

Excluding ECs, there are an estimated 14,800 units in the pipeline next year – the largest since 2013, when 15,885 units were launched.

In the 2027 market outlook report by Realion Research, the firm said more than half of the 14,800 new units or 8,424 units will be in the suburbs, outside the central region (OCR).

Another 3,434 units are expected in the rest of central region (RCR), or city fringe , and 2,943 units in the core central region (CCR).

Sun said she expects the bigger supply of suburban homes, which usually have lower entry prices than those in the central areas, to appeal to HDB upgraders.

The potential launch of five EC projects with a combined 2,000 units could give young couples more housing options, she added .

Sun highlighted several developments that could draw strong interest. They include the 1,280 unit project at Bayshore Drive site, Lentor Signature in Lentor Central and Hougang Central Residences, a mixed-use integrated project.

Other potential launches to watch are the Loyang Valley en bloc redevelopment and Bedok Rise, a Government Land Sales site in the east.

The five potential ECs are Wynwood Grand in Woodlands with 430 units, Clovelle of Woodlands with 560 units, a development at Miltonia Close with 450 units, a 265-unit project at Sembawang Road and 302-unit Solano Grand in Bukit Panjang.

ERA Singapore key executive officer Eugene Lim said the five ECs would not be affected by the new EC rules which give greater priority to first-timers. That could make them more attractive to second-time buyers, noted Lim.

ECs offer HDB owners a relatively more affordable route into private housing, said Lim, although location, pricing and amenities would still influence purchases.

The Housing Board earlier said it expects about 15,000 flats to reach their minimum occupation period in 2027, up from 13,500 this year.

Huttons Asia chief executive Mark Yip said subdued HDB resale prices could dampen upgrading demand for resale condominiums.

HDB owners planning to upgrade “should understand their motivation for an upgrade and their ability to maintain mortgage payments should there be a change in interest rates or employment status”, he added.

Meanwhile, the larger supply of private new homes could also make it more challenging for owners to sell an existing condominium.

Urban Redevelopment Authority (URA) data showed that 8,868 private homes, excluding ECs, will be obtaining a temporary occupation period (TOP) in 2027, up from 7,783 units in 2026.

The sold-out 816-unit Continuum in District 15 is among the developments slated for completion in 2027, the report added.

Sun said the larger supply of new and completed homes could give buyers more housing options and greater bargaining power.

She added that resale transactions, based on estimates, are expected to fall to between 12,000 and 14,000 units in 2027, from an estimated 13,500 to 14,500 units in 2026.

Yip said new home transactions accounted for 29.5 per cent of private residential sales in 2024. In 2025, it rose to 40.8 per cent following strong sales at several developments, including The Orie, ParkTown Residences and Lentor Central Residences.

He projects the proportion of new sales to be about 35 per cent in 2026. He attributed the appeal of new launches to attractive locations, pricing and pent-up demand for homes in certain estates.

Buyers who do not need a home immediately could also favour new launches with progressive payments during construction, and a 12-month defects liability period, said Yip.

Yip added that weaker demand could put pressure on resale prices in the short term.

Lim noted that the median price gap between new and resale condominiums had narrowed from $908 per sq ft in 2023 to $772 psf this year, potentially encouraging buyers to choose new units. New projects also offer fresh facilities and, for leasehold homes, a fresh lease, said Lim.

Resale condominiums remain attractive to buyers who need to move in immediately or want larger units, added Yip. Nevertheless, softer resale demand could put pressure on prices in the short term.

Sun also touched on how interest rates could rise amid inflationary pressures, and higher borrowing costs may could potentially dampen demand for larger or more expensive homes.

Despite these headwinds, Sun said she expects overall private home sales, excluding ECs, to rise by about 10.3 per cent, to between 22,000 and 26,000 units in 2027, from an estimated 21,000 to 22,500 in 2026.

New private home sales are expected to rebound to 9,500 to 11,500 units in 2027, from an estimated 7,000 to 7,500 units in 2026.

Overall private residential prices are also expected to increase by 3% to 5% in 2027.

Property market/sector

Residential property

位于丹戎加东路附近的添秀大道上的永久产权公寓 Continuum 已售罄，共有 816 个单元，是预计将于 2027 年竣工的私人住宅开发项目之一。照片由 Hester Tan 拍摄。

发布于 2026 年 10 月 30 日上午 11:45

更新于2026年10月30日上午11:58

新加坡——2027年，购房者将有更多选择，开发商预计将推出十多年来最大规模的新私人住宅供应。

Realion（OrangeTee & ETC）集团首席研究员兼策略师Christine Sun表示，预计将有超过30个项目（包括5个执行共管公寓）准备推出，并可能提供约16800套新住宅。

不包括 EC，预计明年将有 14,800 辆汽车投入生产——这是自 2013 年以来最大的一次，当年推出了 15,885 辆汽车。

Realion Research 在 2027 年市场展望报告中表示，14,800 个新单元中超过一半（即 8,424 个单元）将位于中央区域 (OCR) 以外的郊区。

预计在中央区其他地区（RCR）或城市边缘地区还将有 3,434 套住房，在中央区核心区域（CCR）还将有 2,943 套住房。

孙女士表示，她预计郊区房屋供应量的增加（郊区房屋的入门价格通常低于中心地区的房屋）将吸引组屋升级者。

她补充说，五个共计 2000 套住房的 EC 项目的潜在推出，可以为年轻夫妇提供更多住房选择。

孙先生重点介绍了几个可能吸引众多关注的开发项目，其中包括位于海滨大道（Bayshore Drive）的拥有1280个单元的项目、位于伦多中心（Lentor Central）的伦多签名（Lentor Signature）项目以及后港中心住宅（Hougang Central Residences）——一个综合用途项目。

其他值得关注的潜在项目包括洛阳谷整体重建项目和东部的政府土地销售项目勿洛高地。

五个潜在的执行共管公寓项目分别是：位于兀兰的 Wynwood Grand（430 个单元）、位于兀兰的 Clovelle（560 个单元）、位于 Miltonia Close 的开发项目（450 个单元）、位于三巴旺路的 265 个单元项目以及位于武吉班让的 Solano Grand（302 个单元）。

ERA新加坡首席执行官林先生表示，这五栋执行共管公寓（EC）不会受到新规的影响，新规将优先考虑首次购房者。林先生指出，这可能会使它们对二次购房者更具吸引力。

林先生表示，执行共管公寓为组屋业主提供了一条相对更经济实惠的进入私人住宅的途径，尽管位置、价格和配套设施仍然会影响购买。

建屋发展局早前表示，预计到 2027 年将有约 15,000 套组屋达到最低入住年限，高于今年的 13,500 套。

Huttons Asia首席执行官Mark Yip表示，组屋转售价格低迷可能会抑制对转售公寓的升级需求。

他补充说，计划升级住房的组屋业主“应该了解自己升级住房的动机，以及在利率或就业状况发生变化时，自己是否有能力继续支付抵押贷款”。

与此同时，私人新建住宅供应量的增加也可能使业主出售现有公寓变得更加困难。

市区重建局 (URA) 的数据显示，2027 年将有 8,868 套私人住宅（不包括执行共管公寓）获得临时入住期 (TOP)，高于 2026 年的 7,783 套。

报告还指出，位于第 15 区的 816 套已售罄的 Continuum 项目是计划于 2027 年竣工的项目之一。

孙先生表示，新建和已竣工房屋供应量的增加，可以为购房者提供更多住房选择和更大的议价能力。

她补充说，根据估计，转售交易量预计将从 2026 年的 13,500 至 14,500 套下降到 2027 年的 12,000 至 14,000 套。

叶先生表示，2024年新房交易量占私人住宅销售额的29.5%。2025年，随着The Orie、ParkTown Residences和Lentor Central Residences等多个项目的强劲销售，这一比例将上升至40.8%。

他预计到 2026 年，新房销售比例将达到 35% 左右。他将新房推出的吸引力归因于优越的地理位置、合理的价格以及某些地区对住房的积压需求。

叶先生表示，不急需住房的买家也可能更倾向于选择施工期间可分期付款、并提供 12 个月缺陷责任期的新楼盘。

叶补充说，需求疲软可能会在短期内给转售价格带来压力。

林先生指出，新建公寓和二手公寓之间的价格中位数差距已从2023年的每平方英尺908美元缩小至今年的每平方英尺772美元，这可能会促使购房者选择新房。林先生还表示，新项目也提供全新的配套设施，而且对于租赁产权的房屋来说，还能获得新的租赁合同。

叶先生补充道，二手公寓对那些需要立即入住或想要更大户型的买家仍然很有吸引力。然而，二手房需求疲软可能会在短期内给价格带来压力。

孙还谈到，在通胀压力下，利率可能会上升，而更高的借贷成本可能会抑制对更大或更昂贵房屋的需求。

尽管面临这些不利因素，孙女士表示，她预计除执行共管公寓（EC）外，私人住宅整体销量将增长约10.3%，从2026年的21000至22500套增至2027年的22000至26000套。

预计到 2027 年，私人住宅新房销售量将反弹至 9,500 至 11,500 套，而 2026 年的预计销售量为 7,000 至 7,500 套。

预计到 2027 年，私人住宅价格总体也将上涨 3% 至 5%。

房地产市场/行业

住宅物业