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Resale deals offset a sharp slowdown in new luxury home transactions during Q2.<\/strong><\/p>\n The value of Singapore’s luxury home transactions<\/a> slipped in the second quarter (Q2) as new home sales slowed, whilst resale activity continued to grow, according to Realion (OrangeTee & ETC) Research.<\/a><\/p>\n The consultancy’s Q2 2026 Luxury Market report showed total luxury home transaction value, including bulk deals, fell 3.6% quarter on quarter (QoQ) to $1.67b from $1.73b in Q1.<\/p>\n The decline was driven by weaker new home sales with new home transaction value dropping 40.7% to $220m from $371m over the same period.<\/p>\n In contrast, luxury resale transaction value rose 6.1% QoQ to $1.43b from $1.35b, according to Realion.<\/p>\n Realion Research said the decline in new home sales reflected the absence of new luxury launches during the quarter.<\/p>\n Activity also eased in the top end of the Core Central Region condominium market<\/a>. Transactions for units priced above $3,000 per square foot (psf) and at least $5m fell to 52 in Q2 from 73 in the previous quarter.<\/p>\n New sales in this segment dropped to 19 units from 50 in Q1.<\/p>\n Transactions were recorded at projects including 21 Anderson, 32 Gilstead, Park Nova, River Modern, Skye at Holland, Skywaters Residences, The Giverny Residences, UPPERHOUSE at Orchard Boulevard, and Watten House.<\/p>\n The highest-priced transaction by square foot in Q2 was a 195-square-metre unit at Skywaters Residences, which sold for $12.5m, or $5,947 psf, in April. A unit at 21 Anderson followed at $22.5m, or $5,013 psf.<\/p>\n<\/p><\/div>\n Resale deals offset a sharp slowdown in new luxury home transactions during Q2. The value of Singapore’s luxury home transactions slipped in the second quarter…<\/p>\n","protected":false},"author":1,"featured_media":69366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-69365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/69365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69365"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/69365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/69366"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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