Singapore's private residential market is poised for a significant uptick in transaction activity in the fourth quarter of 2026, with several major project launches expected to bring about 2,000 new homes to the market, according to Realion (OrangeTee & ETC) Group.
The anticipated launches of Lucerne Grand, Thomson Reserve, and The Serra are likely to drive transaction volumes in the final quarter of the year, Realion said. These three projects are expected to collectively introduce approximately 2,000 private residential units, with Thomson Reserve's 1,268 units accounting for a substantial share of the upcoming supply.
Realion Chief Researcher & Strategist Christine Sun said Thomson Reserve could have a particularly significant impact on the overall private residential price index. The project is located in the Rest of Central Region (RCR) and is expected to command prices of more than S$2,600 per square foot. According to Realion, the project's combination of scale and premium city-fringe pricing could contribute to an uplift in the overall private residential price index in Q4.
However, Sun noted that some buyers could remain cautious amid the prospect of higher interest rates. The Federal Reserve raised interest rates in September 2026 for the first time since July 2023, according to the report, signalling the possibility of further tightening if inflation remains elevated.
Realion cited several potential inflationary pressures, including higher global import tariffs, energy shocks linked to geopolitical conflict in the Middle East, and significant capital spending on artificial intelligence technologies.
The competing forces of major new launches and potentially higher borrowing costs are therefore expected to shape Singapore's private residential market through the final quarter of 2026, according to Realion.
