New Construction in Surrey, BC: What's Coming in 2026

Surrey is in the middle of the biggest building boom in its history, and 2026 is shaping up to be a pivotal year for new construction across the city. From condo towers rising in City Centre to master-planned communities taking shape in Grandview Heights and Clayton, buyers looking at new construction in Surrey, BC have more choice — and more to think through — than ever before. As a Surrey-area real estate agent with Luxmore Realty, I spend a lot of time walking clients through presale contracts, construction timelines, and which new communities are worth watching, so I put together this guide to what's actually happening on the ground right now.

Key Takeaways

• Surrey City Centre is the epicenter of new high-density construction, anchored by projects like the planned Surrey City Centre Arena and a proposed four-tower, roughly 1,800-home development from Surrey City Development Corporation.
• Grandview Heights and Clayton/Fleetwood are the top areas for new townhomes and single-family homes, both benefiting from the Surrey-Langley SkyTrain extension now under construction along Fraser Highway.
• Fraser Valley's composite benchmark home price sat at $877,600 in July 2026, down 7% year-over-year, according to the Fraser Valley Real Estate Board — a factor that's shaping how builders price and phase new projects.
• The Surrey-Langley SkyTrain extension, with all eight stations under construction, is expected to open in late 2029 and is already influencing where new development is concentrated.

Surrey City Centre: The Heart of High-Density Growth

Surrey City Centre continues to be the most active zone for new residential towers in the city. The City of Surrey has set aside close to $200 million between 2026 and 2030 to build a new Surrey City Centre Arena near University Drive and 105A Avenue, a mixed-use project that will eventually include a hotel, conference space, retail, and residential units alongside the arena itself.

Just west of that site, Surrey City Development Corporation has submitted a development application for a City-owned land assembly along 108th Avenue, 133rd Street, and University Drive that envisions four residential towers and roughly 1,800 new homes. A separate long-term redevelopment spanning nine acres near Whalley Athletic Park is also moving through the planning process, pointing to more condo and rental supply in City Centre over the next several years.

For buyers, this means City Centre will keep adding inventory across a wide range of price points — but it also means more competition among presale projects, so timing and developer track record matter more than ever.

Grandview Heights and Clayton: Where New Townhomes and Single-Family Homes Are Concentrated

If you're looking for new construction outside the high-rise core, South Surrey's Grandview Heights and the Fleetwood/Clayton corridor are where most of the action is. Grandview Heights has been developing under a Council-approved Land Use Plan since 2005, with several Neighbourhood Concept Plan areas — including Morgan Heights, Sunnyside Heights, Orchard Grove, Redwood Heights, and Darts Hill — now built out or under active construction with a mix of townhomes, boutique condos, and detached homes.

Clayton Heights, meanwhile, remains one of the more accessible entry points for families, with a steady supply of townhomes, duplexes, and homes built with mortgage-helper suites. In my work with buyers in this corridor, the biggest driver of interest right now isn't the housing stock alone — it's transit.

Why the SkyTrain Extension Matters for New Construction

The Surrey-Langley SkyTrain extension is the single biggest infrastructure project shaping where new construction gets built in this part of the region. According to the BC government's project office, all eight stations along the 16-kilometre Fraser Highway extension — Green Timbers, 152 Street, Fleetwood, Bakerview-166 Street, Hillcrest-184 Street, Clayton, Willowbrook, and Langley City Centre — are under construction, with visible above-ground progress at the Fleetwood and Green Timbers stations. TransLink expects the line to open in late 2029, connecting Langley City Centre to Waterfront Station in just over an hour.

Builders have taken notice. New townhome and low-rise projects along the Fraser Highway corridor, particularly in Fleetwood and Clayton, are increasingly marketed around future SkyTrain access, and I expect that trend to accelerate as station construction becomes more visible through 2026 and 2027.

What Current Market Conditions Mean for New Construction Buyers

New construction pricing doesn't exist in a vacuum — it's shaped by the resale market around it. According to the Fraser Valley Real Estate Board's July 2026 report, the composite benchmark price across Fraser Valley was $877,600, with single-family detached homes at $1,335,200 (down 8.3% year-over-year), townhomes at $757,300 (down 7.1%), and apartments at $469,500 (down 9.1%). The board also reported 1,089 sales in July, a nine percent drop from the same month last year.

That kind of softening resale market tends to give presale buyers more negotiating room — think incentives, extended deposit structures, and more flexible closing dates — as developers compete with a growing supply of resale inventory. If you're weighing a presale purchase against buying resale in Surrey right now, this is exactly the kind of conversation I have with clients before they sign anything.

New Investment in Community Infrastructure

New construction in Surrey isn't limited to housing. Construction on the expanded Chuck Bailey Recreation Centre in Whalley began in 2026, with a planned completion in winter 2027. The expansion will add a second gymnasium, a fitness centre, a learning kitchen, and additional arts, culture, and seniors programming space — infrastructure that tends to add long-term value to the surrounding neighbourhoods as they densify. The province has also announced funding for a new secondary school addition to support growth in Surrey's expanding communities, a sign that school capacity is being planned alongside new housing rather than after the fact.

Frequently Asked Questions About New Construction in Surrey, BC

Q: Where is most of the new construction happening in Surrey right now?
The two biggest concentrations are Surrey City Centre, where several condo towers and mixed-use projects are in planning or underway, and the Fraser Highway corridor through Fleetwood and Clayton, where townhome and single-family construction is tied closely to the Surrey-Langley SkyTrain extension.

Q: Is it a good time to buy a presale home in Surrey?
With Fraser Valley resale prices down roughly 7% year-over-year as of July 2026 per the Fraser Valley Real Estate Board, buyers generally have more negotiating leverage than they did a year or two ago. Whether a specific presale makes sense depends on the project, developer, and your timeline — I'd recommend a conversation before committing.

Q: When will the Surrey-Langley SkyTrain extension be finished?
All eight stations are under construction as of 2026, and TransLink expects the extension to open in late 2029, connecting Surrey and Langley to the rest of the Expo Line.

Q: Are new homes in Grandview Heights still being built?
Yes. Several Neighbourhood Concept Plan areas within Grandview Heights are still under active construction, with a mix of townhomes, boutique condos, and detached homes continuing to come to market.

Q: What should I watch for when buying new construction in Surrey?
Beyond price, pay close attention to the developer's track record, the presale contract's deposit and completion terms, and how nearby infrastructure — like transit, schools, and recreation facilities — is progressing. These details affect both livability and resale value down the road.

Ready to Explore New Construction in Surrey?

Surrey's new construction landscape is moving fast, from towers rising in City Centre to townhomes taking shape along the future SkyTrain line in Fleetwood and Clayton. Whether you're weighing a presale purchase, comparing new construction to resale, or just trying to figure out which projects are worth watching, I'd rather you have accurate, current information before you make a decision. If you're considering new construction in Surrey, I'd love to walk you through what's available and what's coming. Call me at (778) 960-8269 or visit stephaniewong.ca to start the conversation.