What does it mean when January new home sales rebound 2.4 times month-on-month to 466 units as launches revive the market

In January 2026, developers sold 466 private new home units (excluding executive condominiums) in Singapore, marking a strong rebound of 2.4 times compared to the previous month. This surge was driven by renewed project launches that revived buyer interest in the market, as reported on EdgeProp Singapore. Key performers included top-selling projects like Narra Residences, Otto Place, and Grand Dunman.