Resale condominium listings in Singapore are taking almost twice as long to sell compared to the post-Covid market peak, signaling slower activity across all regions [1, 2, 3]. Median listing durations on PropertyGuru rose from 39 days in 2023 to 81 days as of May 18, 2026, for units listed in the first quarter of this year [1, 2, 3]. Similarly, 99.co reports that resale condo listings removed from their portal stayed active for a median of 106 days in Q1 2026, up from 66 days in Q1 2025 [1, 2, 3].

Some units have lingered far longer. A two-bedroom resale condo in Serangoon first listed in early February 2026 remained unsold for at least four months into June, even after a $100,000 price cut from the original $1.92 million asking price [1, 2, 3]. An unnamed property agent noted, "Today’s buyers have many choices among resale units and they will take their time to shop for the best buy" [1]. Buyers often face hurdles such as needing to sell existing homes before closing new resale condo deals, contributing to slower transactions [1, 2, 3].

Despite the drawn-out sales process, sellers continue to hold firm on prices. Wong Shanting, director and head of research at Newmark Singapore, said, "Higher land costs mean the cost of replacing a home is expected to rise further over the next 12 to 18 months" [1]. Resale condo prices have remained steady, with experts citing factors such as macroeconomic uncertainties and gaps in new supply as reasons for market resilience [1, 2, 3]. Joel Lim, associate head of research at 99.co, stated, "The resale condo market has clearly shifted from the urgency we saw at its peak" [3].

Yao Lu, PropertyGuru Singapore managing director, added, "With listings staying up longer, buyers have more options and more time to decide, and market conditions have moved" [1]. This environment has lengthened the sales cycle and increased median listing durations across various portals.

In 2022, the median listing period for resale condos on PropertyGuru was 45 days, which briefly decreased to 39 days in 2023, before rising sharply in 2026 [1, 2, 3]. The next key data point will come after Q2 2026, offering insight on whether listing durations stabilize or continue to lengthen amid ongoing market dynamics [1, 2, 3].