🏢Resale Condos Staying on the Market Longer: What It Means for Sellers and Smart Buyers
If you have been keeping an eye on the Singapore private property market lately, you might have noticed a shift in momentum.
According to a June 2026 report by The Straits Times, resale condominiums are staying on the market significantly longer than they did during the post-pandemic peak.
However, this is not a sign of a market crash—it is a transition into a more calculated, deliberate phase. Let us break down the key numbers and trends in a simple, easy-to-digest format.
The Reality of Today's Resale Condo Market
Listings are staying online twice as long: Back in 2023, the median time a resale condo listing stayed active on PropertyGuru before being taken down was just 39 days. As of mid-2026, active listings have a median age of 81 days.
Regional breakdown reveals slower absorption: Data from 99.co shows that in the first quarter of 2026, the median age of active listings rose significantly across all segments:
Core Central Region (CCR): Climbed to 145 days (up from 76 days in Q1 2025).
Rest of Central Region (RCR): Climbed to 116 days (up from 69 days in Q1 2025).
Outside Central Region (OCR): Climbed to 86 days (up from 60 days in Q1 2025).
Buyers have luxury of time: With a healthier supply of housing options and newly completed projects competing for attention, buyers are visiting more units (sometimes up to 30 or more) and comparing layouts, facing less pressure to make impulsive bids.
Sellers are holding prices firm: Despite the slower pace of transactions, sellers are not slashing their prices. The median resale price rose slightly to SGD 1,770 psf in mid-2026, up from SGD 1,747 psf in 2025.
High replacement costs: Sellers are resisting steep discounts because they are looking ahead. Due to high land bids and construction inflation, the cost of replacing their current home with a new property in the next 12 to 18 months is expected to stay high.
A Personal Note to Sellers: Why You Need to Wait Patiently
If your property has been listed for two, three, or even four months with plenty of viewings but no firm offers, do not panic.
Patience is your greatest asset in this market. The fundamental demand is still there.
The gap between brand-new launches and resale condominiums remains wide, with new launches often priced over 40% higher on a per-square-foot basis. This pricing structural reality means resale homes remain highly attractive to genuine buyers.
The longer transaction timeline is often a result of a "chain reaction" bottleneck—buyers need time to sell their own current flat or private home before they can free up funds to commit to yours. Transaction volumes overall remain close to Singapore’s healthy 10-year quarterly average.
Stay the course, keep your property presentable for viewings, and trust the intrinsic value of your asset. The right buyer will come along.
Looking Beyond Buying & Selling? Let's Talk Real Estate Strategy
Most property agents only reach out when you want to buy a shiny new launch or quickly sell a resale flat. But navigating Singapore's real estate landscape requires a much broader strategy.
If you need professional advice on complex property matters that go beyond transactions, let’s chat. I specialize in helping clients with:
Asset Progression Planning: Mapping out your property timeline safely without over-leveraging.
Decoupling Strategies: Navigating the legalities and financial calculations to restructure your property ownership.
Trust and Inheritance Restructuring: Setting up structures to pass real estate assets smoothly to the next generation.
Tax Optimization and Regulatory Compliance: Understanding the latest ABSD rules and finding legitimate ways to optimize your property taxes.
Corporate Leasing Portfolio Management: Managing yields for landlords with multiple investment units.
Connect with me today. Let's sit down for a coffee, review your property portfolio, and build a stress-free roadmap tailored to your financial goals.
