Singapore Q4 Home Prices Rise the Least in 5 Quarters

Private home prices in Singapore rose 0.5% quarter-on-quarter in Q2 2026, easing from a 0.9% increase in Q1, confirming preliminary estimates. The cumulative gain in the first half of the year reached 1.4%, below the 1.8% increase recorded in the same period of 2025. The slowdown reflected weaker non-landed property prices (-0.1% vs. 1.3% in Q1), led by declines in the Rest of Central Region (-1.2%) and Outside Central Region (-0.1%), partly offset by gains in the Core Central Region (1.8%). Landed property prices rebounded 2.5% after falling 0.4% in Q1. Rents climbed 0.7% in Q2, accelerating from 0.3% in Q1, showing resilient demand despite slower sales. Limited project launches weighed on new home purchases, though pent-up demand could support activity ahead. The government said it will maintain housing supply, with 4,745 units planned for launch in H2 2026.

Private home prices in Singapore increased 0.5% quarter-on-quarter in the second quarter of 2026, slowing from a 0.9% rise in the first quarter, preliminary estimates showed. It was the softest increase since the third quarter of 2024, when prices declined, weighed down by a fall in non-landed property prices (-0.1% vs 1.3% in Q1). The decline in non-landed property prices was driven by falls in both the Rest of Central Region (-1.4% vs 0.8%) and the Outside Central Region (-0.2% vs 2.2%). However, the decline was partly offset by a faster increase in the Core Central Region (2.0% vs 0.6%). By contrast, landed property prices rebounded (2.6% vs -0.4%). The government said in a statement that, to meet housing demand and maintain market stability, it will sustain a high and steady supply of private housing through the Government Land Sales (GLS) Programme.

Private home prices in Singapore increased by 0.9% quarter-on-quarter in the first quarter of 2026, well above preliminary estimates of 0.3% and accelerating from a 0.6% rise in the fourth quarter of 2025. The acceleration was boosted by a rebound in non-landed property (1.3% vs -0.2% in Q4), with the Core Central Region recovering (0.6% vs -3.5%), while the Rest of Central Region (0.8% vs 0.7%) and the Outside Central Region (2.2% vs 1.0%) also accelerated. By contrast, landed property prices fell 0.4% in the first quarter of 2026, reversing a 3.4% gain in the fourth quarter of 2025. The government said in a statement that the macroeconomic outlook has become more uncertain. Households should continue to exercise prudence when purchasing property and taking out mortgage loans. About 55,800 private residential units are expected to be completed over the next few years.