Ultra-luxury condo deals climb to 15-quarter high in Q2

Six new sales and 17 resales drove the segment as Nassim Park topped Q2 at $22.95m.

Singapore’s ultra-luxury condominium market recorded 23 non-landed home transactions worth at least $10m in the second quarter (Q2) of 2026, a 15-quarter high, according to Realion (OrangeTee & ETC) Research.

The figure, which excludes bulk deals involving more than one unit, rose from 16 transactions in the first quarter (Q1) 2026 and 14 in Q2 2025.

Six of the transactions were new sales, including two units at 21 Anderson, two at Skywaters Residences, one at 32 Gilstead, and one at Park Nova with resales accounting for the remaining 17 transactions.

The most expensive deal was a 646-square-metre unit at Nassim Park Residences, which sold for $22.95m.

Ultra-luxury landed homes also recorded higher quarterly activity. Seven caveated Good Class Bungalow (GCB) transactions were recorded in Q2, up from four in Q1, although the figure was below the nine transactions recorded in Q2 2025.

The highest-value GCB deal in Q2 was a Nassim Road property that changed hands for $64.9m. Two adjacent GCBs in the Belmont Park area were also sold for $34.8m and $25.2m.

The average land rate for GCBs rose to $2,341 per square feet in Q2 from $1,803 psf in Q1, marking its highest level since Q1 2025.

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