CDL sold more Singapore homes in the third quarter of 2026, but the total sales value rose much less than the unit count. For buyers, the useful lesson is to examine what was sold before reading a developer’s quarterly figures as a signal about the price of their preferred home.
In its operational update issued on 11 November, City Developments Limited said the group and its joint-venture associates sold 124 Singapore homes for S$322.6 million in the quarter ended 30 September. The corresponding quarter in 2025 recorded 88 homes and S$313.2 million. CDL said there were no new launches during Q3 2026 and sales came primarily from existing projects.
More transactions, a different average ticket
| Measure | Q3 2025 | Q3 2026 |
|---|---|---|
| Homes sold | 88 | 124 |
| Total sales value | S$313.2m | S$322.6m |
| Calculated value per home | About S$3.56m | About S$2.60m |
The unit count increased by about 41%, while sales value increased by about 3%. Dividing each quarter’s value by its unit count produces an average ticket about 27% lower in Q3 2026. Those are calculations from CDL’s aggregate figures, not a measure of how much the same apartment became cheaper.
A quarterly sales mix can change across projects, bedroom types, sizes and locations. Without matching those characteristics, the average cannot tell a buyer whether a particular three-bedroom home has been discounted. It also cannot establish a Singapore-wide price trend: this is one developer group’s reported activity, including its joint ventures.
Why an existing-project quarter matters
With no new launch in the quarter, the figures describe continued purchases from projects already on sale. That is a different setting from a quarter dominated by a large launch weekend. A comparison that ignores the launch calendar can mistake the arrival of a new product for a sudden change in underlying buyer appetite.
For a household considering a project already launched, the practical comparison is narrower: the current quote for the selected unit, the cost of a credible resale alternative and the date each home becomes usable. A headline about stronger sales is not a reason to accept a price that fails that comparison.
Record the quoted price, floor area, floor and orientation together. Add parking or maintenance commitments, likely fitting-out costs and any rent needed before moving. Two homes with a similar purchase price can leave very different amounts of cash available after completion.
Keep the next launch cycle separate
The same update points to a different choice ahead: CDL is preparing two EC launches for Q1 2027. Buyers considering that route can read our project guides to Solano Grand at Senja Close and Wynwood Grand at Woodlands Drive 17. A launch target is a planning window, rather than a completed-home moving date.
This distinction is especially useful for an upgrader. Waiting may introduce temporary accommodation, storage and financing overlap; buying a completed home may require a larger immediate payment. Compare the total cost of each route over the same period before deciding which headline price looks attractive.
Make the financing test unit-specific
A purchase budget needs an assessed loan and eligible cash/CPF funding, rather than the average ticket in a corporate announcement. Our IPA guide explains how a smaller final loan can change the required contribution.
Ask LovelyHomes for a current unit quotation, a matched alternative and a banker introduction. The strongest use of these quarterly figures is to frame better questions about the home you would actually buy, while keeping aggregate developer sales separate from its price and suitability.
Archive housing photograph for context, not a photograph of the reviewed launch. Singapore River at Robertson Quay – 2022-08-14 (photographed 2022). Photo: Wzhkevin. Source (https://commons.wikimedia.org/wiki/File:Singapore_River_at_Robertson_Quay_-_2022-08-14.jpg) · CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0). Resized and displayed cropped.
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