New Real Estate Development Growth by Country — April 2026

New Real Estate Development Growth by Country - April 2026

This week's ranking tracks new residential real estate development activity across 15 countries, spanning Bektu's core frontier and emerging markets alongside Asia-Pacific comparisons. The figures below reflect the most recent available data from 2025 through early 2026, drawn from national statistics agencies, central banks, and major property research firms. Because direct "new development" metrics are not standardized across jurisdictions, the proxy used is noted alongside each entry. For foreign investors researching where residential construction pipelines are expanding or contracting, this snapshot offers a practical starting point.

Ranking

🇸🇬 Singapore: 72.7% (new private residential launches, 2025)

🇻🇳 Vietnam: 65.0% (primary housing supply, Q1 2026 YoY)

🇦🇱 Albania: 18.0% (housing price growth, early 2026 YoY)

🇬🇪 Georgia: 17.0% (construction permits, H1 2025 YoY)

🇦🇺 Australia: 12.8% (dwelling approvals, 2025)

🇯🇵 Japan (Fukuoka): 9.0% (residential land values, 2025 YoY)

🇮🇳 India: 8.0% (residential sales volume, 2025)

🇮🇩 Indonesia (Bali): 7.5% (property price growth, 2026 forecast midpoint)

🇳🇬 Nigeria: 5.3% (construction output, 2025)

🇰🇿 Kazakhstan: 5.1% (housing commissioned, 2025 YoY)

🇰🇪 Kenya: 5.1% (real estate market CAGR, 2025-2029)

🇵🇭 Philippines: 3.6% (residential real estate CAGR, 2025-2029)

🇹🇼 Taiwan: -2.6% (residential construction licenses, first nine months 2025)

🇲🇾 Malaysia: -12.1% (housing starts, first nine months 2025)

🇹🇭 Thailand: -21.3% (residential building permits, first nine months 2025)

Analysis

Among Bektu's core frontier markets, Vietnam and Albania stand out at the top of this week's ranking. Vietnam's housing market posted a 2.5-fold rise in new supply during the first quarter of 2026, with CBRE projecting up to 50,000 new units in the southern market this year as mega-township projects from developers like Vingroup and Masterise come online. Albania's 18% annual housing price growth is being driven by coastal demand, with cities such as Sarande and Vlore recording localized increases of 25% to 58% over the past year. Nigeria and Kenya remain in the mid-single digits, reflecting steady but not accelerating pipelines. Nigeria's 2026 outlook is tied to the government's plan to begin large-scale mass housing construction across 36 states, while Kenya continues to chip away at a residential deficit of more than 2 million units. Indonesia's Bali market sits in the upper-middle band as tourism-driven demand lifts prices, though a 2026 regulatory ban on new hotel and restaurant construction in six regencies will reshape the investable footprint. Japan's Fukuoka focus registered 9.0% residential land value growth, the highest of any major Japanese city for the second consecutive year.

Singapore leads the overall ranking on the strength of a 72.7% year-over-year surge in new private residential launches during 2025, with 11,482 units brought to market. Forecasts from Huttons and PropNex point to another 8,000 to 9,700 units launching in 2026, most of them in suburban outside-central-region zones. Georgia's 17% jump in construction permits during the first half of 2025 echoes a broader Tbilisi boom, where the residential market grew 24% year-over-year in the first quarter of 2026 to a record $941 million. Australia's 12.8% increase in dwelling approvals marks a return to four-year highs, supported by lower interest rates and federal housing reform, although approvals still run below the level needed to meet the National Housing Accord's 1.2 million home target.