New Launch Monthly Digest — April 2026

New Launch Digest Dernière révision

For digest readers, the four numbers that matter for Singapore new-launch market in 2026 4 are: (a) transacted volume relative to trailing-12-month averages, (b) median PSF for the comparable-quality sample, (c) gross rental yield (where applicable), and (d) the segment-mix composition that influenced the headline aggregate. Cross-reference the chart in this digest against URA REALIS for verified caveat-level detail, and against the URA Property Price Index for the quarterly cycle-level benchmark.

The new-launch activity reading for Singapore new-launch market reflects the interplay between (1) the policy environment (IRAS ABSD rates for buyer-side cooling, IRAS BSD rates for the standard upfront stamp), (2) the financing cost environment (MAS SORA dashboard for the floating-rate benchmark plus typical 0.6–0.85% bank spread = ~4.0% all-in), and (3) the MAS TDSR / cooling measures explainer that caps debt-servicing at 55% of gross income. Each of these levers can shift period-to-period readings independently.

The 2026 4 new-launch digest digest for Singapore new-launch market sits within a defined cycle context. Singapore new-launch supply is fed by URA Government Land Sales tranches; absorption depends on cooling-measure environment and SORA-driven mortgage cost. This digest reads the period’s data alongside the structural framework set by Singapore’s post-April-2023 cooling-measure regime — foreigner ABSD at 60%, Singapore Citizen second-property ABSD at 20%, 3M SORA in the 3.0–3.5% band — that shapes how the raw figures translate into actionable buyer or seller decisions (as of 2026-4).

Key Takeaways
  • Total sold in April 2026: 1,649 units
  • Total launched: 1,426 units
  • Active projects: 54
  • Overall absorption: 115.6%

Monthly Summary

In April 2026, the Singapore new launch market saw 1,649 units sold across 54 active projects. A total of 1,426 units were launched, resulting in an overall absorption rate of 115.6%.

Top 5 Sellers

Projects with the highest sales in April 2026.

Top sellers — April 2026
ProjectDistrictSoldMedian PSF
TENGAH GARDEN RESIDENCESD24855$2,111 psf
VELA BAYD16370$2,865 psf
RIVELLE TAMPINESD1876$1,918 psf
THE CONTINUUMD1534$2,796 psf
NARRA RESIDENCESD2334$2,196 psf
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Monthly Highlight
The top seller in April 2026 was TENGAH GARDEN RESIDENCES with 855 units sold.

New Launches This Month

Projects that launched new units in April 2026.

New launches — April 2026
ProjectDistrictSegmentDeveloperUnits Launched
TENGAH GARDEN RESIDENCESD24OCRTENGAH GARDEN DEVELOPMENT PTE. LTD./TGA DEVELOPMENT PTE. LTD.863
VELA BAYD16OCRBAYSHORE WALK PTE. LTD.515
THE MYSTD23OCRCDL Aries Pte Ltd28
UNION SQUARE RESIDENCESD1RCRCDL Libra Pte. Ltd.20

District Spotlight

Top 3 districts by new launch sales volume in April 2026.

District spotlight — April 2026
DistrictUnits SoldActive Projects
D24 (Lim Chu Kang, Tengah)8583
D16 (Bedok, Upper East Coast, Eastwood, Kew Drive)3834
D18 (Tampines, Pasir Ris)864

Month-on-Month Comparison

ℹ April vs March 2026

Compared to March 2026:

  • Sales volume decreased by 14.9% (1,937 → 1,649)
  • Launches decreased by 11.7% (1,615 → 1,426)

Market Segment Breakdown

Sales distribution by market segment in April 2026.

Segment breakdown — April 2026
SegmentUnits SoldAvg PSF
OCR1,459$2,200 psf
RCR160$2,738 psf
CCR30$3,721 psf

The 2026 4 period’s new-launch activity for Singapore new-launch market reflects specific micro-level drivers. Within the aggregate figure, individual sub-segments (different unit types, floor bands, tenure types) typically move at different rates — the period’s ‘top movers’ are units or sub-cohorts whose performance deviated meaningfully from the mean. For investors and sellers, identifying these movers is more useful than the headline average because the mean smooths out the dispersion that creates actual buying or selling opportunities.

Typical top-mover categories in any digest period include: (a) freehold units in 99-year-dominated districts that command a meaningful tenure premium, (b) high-floor units in projects with strong views or panoramic orientation (5–15% PSF premium vs low-floor in same project), (c) recently-renovated stock that commands ~5–10% premium over comparable un-renovated transacted PSF, and (d) units close to recently-opened MRT lines or new developments that create proximity-premium uplift. For Singapore new-launch market in 2026 4, the dispersion across these categories is the more informative reading than the headline median. Use new launches map for cross-reference.

Conversely, soft-mover categories typically include 99-year leasehold stock approaching financing-window thresholds (lease <30 years), units with unfavourable orientation or noise exposure, and developments where MCST management quality has degraded. Cross-reference URA REALIS for the per-project caveats and assess which projects in Singapore new-launch market fall into which category.

The embedded chart for this new-launch digest digest of Singapore new-launch market in 2026 4 visualises the new-launch activity trajectory. The two readings to focus on are (1) the absolute level versus the trailing-12-month mean, and (2) the direction of change across the most recent 3–4 periods. A single-period spike or trough is rarely informative; sustained directional movement across multiple periods signals a structural shift worth acting on.

For comparative context, place Singapore new-launch market’s 2026 4 reading against (a) the corresponding national-level URA Property Price Index figure for the segment, and (b) the equivalent reading in adjacent districts or towns. The relative positioning — whether Singapore new-launch market is leading or lagging the national segment — informs whether the period’s reading is geography-specific or part of a broader cycle move. Use BSD/ABSD calculator for district-level visual comparison and mortgage calculator for direct numeric benchmarking.

Looking ahead from 2026 4, the forward variables for Singapore new-launch market new-launch activity are (a) the URA Government Land Sales pipeline within a 1km radius, which determines new-supply pressure, (b) the SORA trajectory over the next 2–4 quarters, which shapes mortgage-driven affordability, and (c) any local infrastructure changes (new MRT stations, school openings, redevelopment of neighbouring plots) that could shift relative attractiveness. Track these via URA REALIS and the MAS SORA dashboard (as of 2026-4).

FAQ

How many new launch units were sold in April 2026?
A total of 1,649 units were sold across 54 active projects.
Which project was the top seller in April 2026?
TENGAH GARDEN RESIDENCES led with 855 units sold.
What was the absorption rate for new launches in April 2026?
The overall absorption rate was 115.6% (1,649 sold out of 1,426 launched).
How does this period compare to the same period a year ago?

Year-over-year comparison strips out seasonality. The most informative read is whether 2026 4’s new-launch activity reading is materially above or below the equivalent period one year earlier, controlling for the broader Singapore property cycle. Use the URA Property Price Index for cycle-level context.

What policy environment shaped this reading?

The reading sits within the post-April-2023 cooling-measure regime: foreigner ABSD 60%, SC second-property ABSD 20%, TDSR 55% per the MAS TDSR / cooling measures explainer. SORA-linked mortgage rates near 4.0% effective shape the affordability ceiling. These structural variables affect demand-side composition across all digest periods since 2023.

Should I act on this digest?

Honest answer: depends on holding horizon and buyer profile. For owner-occupiers with 10+ year horizons, single-period digest readings rarely trigger action. For sellers or short-horizon investors, sustained directional moves across 3–4 periods may indicate timing windows. Cross-reference your specific buyer profile via the IRAS BSD rates and CPF home ownership rules alongside the digest data.

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Methodology & Sources

The dataset behind this report spans April 2026; we refresh it every month.

Transaction data sourced from URA REALIS.

  • Developer sales data from URA REALIS.
  • Sales and launch counts aggregated from monthly developer submissions.

Price-per-square-foot (PSF) here means the median deal in the period; means are reserved for volume-weighted aggregates explicitly labelled as such.