In a move aimed at reviving the country’s sluggish property market, the Urban Redevelopment Authority (URA) of Singapore has announced a 5% increase in the collective sales threshold. This decision comes as a response to industry concerns that the current threshold, which stands at S$75 million, has become too low, discouraging developers from participating in collective sales. As of 1 August 2026, developers will need to fork out at least S$78.75 million to acquire a freehold property through collective sale.
Industry experts have long argued that the existing threshold has resulted in fewer collective sales, reducing the supply of new housing units and exacerbating the property glut. The increased threshold is expected to attract more developers into the market, potentially leading to an increase in new housing projects. According to data from the URA, there were only 15 collective sales in the first half of 2026, a significant decline from 43 deals in the same period last year.
The increased threshold has been met with mixed reactions from industry players and analysts. While some developers have welcomed the move, citing increased liquidity in the market, others have expressed concerns that the threshold may still be too low to attract large-scale developers. The Singapore government has maintained that the increased threshold will help to strike a balance between encouraging collective sales and preventing the market from overheating. As the property market continues to navigate uncertainty, it remains to be seen whether the increased threshold will have the desired effect.