Singapore Home Price Growth Weakest in Nearly 2 Years

Private home prices in Singapore increased 1.4% quarter-on-quarter in the third quarter of 2026, marking the fastest growth since the fourth quarter of 2024 and accelerating from a 0.5% rise in the previous quarter. Non-landed property prices rose 0.9%, reversing a 0.1% decline in Q2, supported by stronger growth in the Outside Central Region (2.2% vs -0.1%) and a recovery in the Rest of Central Region (0.2% vs -1.2%). However, prices in the Core Central Region fell 0.1% after rising 1.8%. Landed property prices increased 2.8%, accelerating from 2.5%. Sale transaction volume fell about 30% quarter-on-quarter. The government said it will maintain a high level of private housing supply, with 9,320 units on the Confirmed List for 2026, more than 50% above the 10-year annual average, while around 60,600 private residential units, including Executive Condominiums, are expected to be completed over the next few years.

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.