While this was higher than sales figures from the prior two months, October 2025 was significantly higher with developer sales at 2,424 units excluding ECs and 2,446 units including ECs.
January emerged as the strongest-performing month for new home sales since October 2025, staging a strong rebound at the start of the year and reversing the seasonal slowdown typically observed at the end of the year.
New home sales excluding executive condominiums (ECs) rose 137% m-o-m to 466 units in January, up from just 197 units sold in December 225. When ECs are included, total developer sales climbed to 990 units in January, compared with 234 units in the preceding month.
