In Part 1 of our Singapore Property Market Snapshot for May 2026, we looked at overall resale trends across condos, HDBs and landed homes, including transaction volume, average prices, popular projects and highest-value transactions. In this part, we take a closer look at resale profitability by highlighting the top 5 gains and top 5 losses across each property segment: condos, HDB flats and landed homes.
Condo Resale Gains and Losses in May 2026
1. Top 5 Condo Resale Gains
Image: Top 5 Condo Resale Gains in May 2026. Source: RealInsight
The top 5 condo resale gains in May 2026 were mainly driven by freehold, large-format homes in prime districts, with gains ranging from S$3.26 million to S$7.2 million.
Honolulu Tower recorded the highest gain at S$7.2 million for a 5-bedroom unit after being held for 16.5 years, followed by Garden Apartments at S$4 million after a holding period of over 24 years.
Two Ardmore Park transactions also made the list, with gains of S$3.55 million and S$3.5 million, while Gallop Green rounded out the top five with a S$3.26 million gain.
Overall, the data shows that long holding periods, freehold tenure, large unit sizes and prime locations continued to support strong capital appreciation in the condo resale market.
2. Top 5 Condo Resale Losses
Image: Top 5 Condo Resale Losses in May 2026. Source: RealInsight
The top 5 condo resale losses in May 2026 were mostly seen among high-value units and penthouses, with losses ranging from S$1.08 million to S$3.58 million.
Marina Bay Residences recorded the largest loss, with its penthouse resold for S$12 million after being previously purchased at S$15.58 million in 2007, resulting in a S$3.58 million loss.
Another Marina Bay Residences unit also recorded a S$1.36 million loss, while Soleil @ Sinaran, Helios Residences and The Scotts Tower each saw losses above S$1 million, suggesting that selected luxury units with higher entry prices faced weaker resale outcomes.
HDB Resale Gains and Losses in May 2026
1. Top 5 HDB Resale Gains
Image: Top 5 HDB Resale Gains in May 2026. Source: RealInsight
The top 5 HDB resale gains in May 2026 were all from Executive flats, suggesting that gains were mainly driven by larger flat types.
Eunos Tenaga Ville recorded the highest gain at S$637,000, after being resold for S$1.075 million from a previous transaction price of S$438,000. Units at BLK 842 Sims Avenue and BLK 342 Woodlands Avenue 1 followed with gains of S$560,000 and S$540,000.
While the transactions were spread across both mature and non-mature estates, mature locations such as Bedok, Geylang and Siglap likely provided additional support, showing that size, flat type and estate maturity were key factors behind the gains.
2. Top 5 HDB Resale Losses
Image: Top 5 HDB Resale Losses in May 2026. Source: RealInsight
The top 5 HDB resale losses in May 2026 were relatively small, ranging from S$8,000 to S$20,000, suggesting that losses were more limited compared to private resale transactions. BLK 40 Cambridge Road recorded the largest loss at S$20,000, after being resold for S$955,000 from a previous transaction price of S$975,000 in July 2025. Most of the losses appear linked to short holding periods and purchase timing, with several units resold within a year of their previous purchase. The data suggests that recent entry prices and quick resales were the more immediate factors behind these losses.
Landed Resale Gains and Losses in May 2026
1. Top 5 Landed Resale Gains
Image: Top 5 Landed Resale Gains in May 2026. Source: RealInsight
The top 5 landed resale gains in May 2026 were concentrated mainly in prime District 11 landed homes, especially detached houses with sizeable land plots and long holding periods.
A detached house in Narooma Road recorded the highest gain at S$10.55 million, after being resold for S$14 million from a previous transaction price of S$3.45 million in 2003. Landed homes in Berrima Road and Trevose Crescent followed closely with gains of S$10.13 million and S$9.05 million, while Shamrock Park and Frankel Estate also posted strong gains above S$6 million.
Overall, the data suggests that long-term holdings, prime landed locations and larger land plots were key drivers of the strongest landed resale gains.
2. Top 3 Landed Resale Losses
Image: Top 5 Landed Resale Losses in May 2026. Source: RealInsight
Landed resale losses were rare in May 2026, with only three recorded cases, but they still showed how timing and entry price can affect outcomes even in the landed market. Palm Road saw the steepest loss at S$5.5 million after being resold for S$10.6 million, down from S$16.1 million in 2023. Rich.Residence followed with a S$1.05 million loss despite a longer holding period of over 15 years, while Jin Ding Garden recorded a smaller S$368,000 loss after just over 2 years of ownership.
Overall, the data suggests that landed resale losses were limited in May 2026, likely because landed homes are often supported by scarcity value and longer holding periods, while the losses that did occur were mainly linked to higher purchase prices, shorter holding periods and slower buyer demand.
*The data presented in this monthly report is accurate as of 17 June 2026. While we strive to provide the most up-to-date information available, it is important to note that there may be a small percentage of transactions that experience delays in reporting from the respective agencies and government sources. Therefore, the data provided should be interpreted with this in mind, and you are encouraged to verify the latest information for your specific needs.
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Read Part 1 of the Property Market Snapshot for May 2026 here, where we analyse resale trends across condos, HDBs and landed homes.
Continue to read our previous monthly reports:
Singapore Property Market Snapshot - April 2026
Singapore Property Market Snapshot - March 2026
Singapore Property Market Snapshot - February 2026
Singapore Property Market Snapshot - January 2026
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