Developer associations report Jan-Jun 2026 transfers up 17.6% in units (167,665) and 9.8% in value, but say the market is fragile: strict loan approval, household debt and higher construction costs remain. They ask the government to assess loans on freelance income, revive the first-home policy (loan rejections now above 50%), and set a new flood-aware town plan in 2027. Nothing is law yet; these are proposals. For a builder or contractor, expect demand to stay cautious and used homes to take share; watch the 2027 flood-zoning rules if you work on land.