Singapore Condo Resale Market 2026
Property Guide | AsianPrime Properties | August 2026
Singapore Condo Resale Market 2026: Why Buyers Are Returning to Resale Homes
Singapore condo resale demand strengthened in June 2026, with estimated volume rising to 1,042 units while prices were broadly steady. Buyers were attracted by relative value, larger layouts and immediate occupation, especially as new-launch pricing remained high.
June resale units
MoM volume change
MoM price change
OCR share
What Happened to Condo Resale Volume?
June resale volume was estimated at 1,042 units, up 4.2% from about 1,000 units in May and around 4.1% above the five-year average for June.
The absence of new private launches in June likely allowed some buyer attention to rotate back towards the secondary market. Our analysis of why new-home sales fell in June explains how the empty launch calendar shifted demand.
What Happened to Resale Prices?
Prices were broadly steady, rising only about 0.1% month-on-month while remaining 3.8% higher year-on-year. The combination of firmer volume and modest price movement suggests that buyers were active but still price-sensitive.
This is consistent with an owner-occupier and long-term-holder market rather than a speculative surge.
Which Region Had the Most Resale Transactions?
The Outside Central Region remained the largest segment, accounting for about 48.3% of June resale activity. The RCR accounted for about 31.7% and the CCR about 20.1%.
The OCR often appeals to HDB upgraders and families seeking larger homes at lower total prices than central alternatives. The H2 2026 market outlook discusses how buyer selectivity is shaping demand across all regions.
Why Are Resale Condos Attractive in a High-Price Environment?
Resale condos can provide larger internal areas, established neighbourhoods and immediate occupation. Buyers can inspect the actual unit and development rather than relying on plans, artist impressions or assumptions about future surroundings.
The price gap with new launches can also make resale homes look more compelling on both price per square foot and usable space. For a side-by-side comparison of the two options, see our new launch vs resale guide.
What Is Happening at the High End?
Prime and distinctive resale homes continued to attract buyers. June’s highest reported condo resale was $22.95 million at Nassim Park Residences. Dakota Residences recorded a $6.388 million RCR transaction and The Hacienda recorded a $5.25 million OCR transaction.
These deals illustrate that scarcity, freehold tenure, floor area and established addresses can support premium pricing even when the broader market is measured.
What Should Sellers Do in a Selective Resale Market?
Pricing should be based on evidence. Buyers can compare many alternatives, including new launches, other resale units and HDB options. An asking price that ignores recent caveats or unit condition can lengthen the selling period.
Presentation, photography, renovation condition and clear positioning become more important when buyers are selective.
AsianPrime View
Resale condos are likely to remain relevant as long as the value gap with new launches persists. The strongest properties will be those that offer a clear combination of location, liveable space, reasonable quantum and scarcity.
For buyers, resale should not be treated as a compromise. In the right project, it can be the more rational choice.
Frequently Asked Questions
Is 2026 a good time to buy a resale condo?
It can be if the property offers good relative value and fits your holding period and financing. The market is selective, so project-level analysis is important.
Did condo resale volume rise in June 2026?
Yes. It was estimated at 1,042 units, up from about 1,000 in May.
Which region has the most resale condo activity?
The OCR was the largest segment in June, accounting for about 48.3% of transactions.
Are resale condo prices rising quickly?
June prices were broadly steady month-on-month, although they remained higher year-on-year.
Why do buyers choose resale over new launch?
Common reasons include larger layouts, immediate occupation, established locations and lower relative pricing. See our new launch vs resale comparison for a detailed breakdown.
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