Singapore recorded a slight decline in the number of private residential projects under development by the end of 2025, as unsold inventory continued to decrease due to strong demand for newly launched developments.
According to Savills, the supply of private residential units with planning approvals fell by 3.1% quarter-on-quarter to reach 35,690 units in the fourth quarter of 2025, following three consecutive quarters of growth.
Among the units under construction, 14,859 units (41.6%) remained unsold. At the same time, the decline in unsold inventory accelerated to 12.7%, compared with 7.9% in the previous quarter, reflecting strong demand for modern residential projects.
Development plans have also shifted as several large projects were completed, including Parktown Residence, Grand Dunman, and Springleaf Residence. The market currently lacks new mega-projects and is instead moving toward mid-sized launches with an average of around 500 units.
Despite the balanced distribution of launches across different segments in 2025, Savills expects future development to focus mainly on suburban areas. In the Core Central Region, only two projects are expected: Newport Residences and River Modern.
Newport Residences has already sold more than half of its units, supported by strong local demand and buyer confidence in luxury properties amid declining interest rates.
