By Megan Cheah

Private home sales in Singapore rose last month after the seasonal lull in December.

Developers sold 466 units, excluding executive condominiums, in January, rebounding from 197 units sold in December, data from the Urban Redevelopment Authority showed Monday.

The strong month-over-month increase is typical, as the year-end period is usually quieter for project launches.

However, January's sales were sharply lower than the 1,083 units sold in the same month last year, according to the URA. Sales in January 2025 were the month's strongest since 2021.

For February, analysts expect private home sales to fall due to a lack of launches during the Lunar New Year holiday. Real-estate services provider Huttons Asia estimates sales of between 200 and 250 units this month.

Still, low interest rates and Singapore's brighter economic growth outlook are likely to buoy the local property market, Huttons Asia Chief Executive Mark Yip said in an email. Private new home sales could reach between 8,000 and 10,000 units in 2026, he said.

Write to Megan Cheah at megan.cheah@wsj.com

(END) Dow Jones Newswires

February 15, 2026 23:32 ET (04:32 GMT)

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