SINGAPORE ā The number and proportion of private residential properties resold at a loss jumped to their highest levels in four years in the second quarter of 2026, as price growth eased, according to data consolidated for The Business Times by real estate consultancy.
The data, which covers non-landed private homes, shows that loss-making resale deals accounted for a larger share of total transactions in Q2 2026 compared with the previous quarter and the same period a year earlier. The increase reflects a moderating price environment, with fewer sellers able to secure gains.
Market analysts attribute the trend to a combination of factors, including the recent cooling measures, higher interest rates, and a larger supply of new homes, which have put downward pressure on resale prices. The proportion of loss-making sales is still below the peaks seen during the 2015-2017 period, but the upward trend is notable.
Experts expect the trend to continue in the near term, as the market adjusts to the new demand-supply dynamics. However, they note that the overall market remains resilient, with the majority of resale transactions still profitable.