Singapore Home Price Growth Weakest in Nearly 2 Years

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.

Private home prices in Singapore rose by 0.3% quarter-on-quarter in the first quarter of 2026, slowing from a 0.6% increase in the fourth quarter of 2025, preliminary estimates showed. It marked the weakest quarterly growth since the contraction seen in the third quarter of 2024, largely driven by a decline in landed property prices, which fell 1.8%, reversing the 3.4% growth registered in Q4 2025. In contrast, the non-landed private residential rebounded to 1% from a 0.2% drop in the prior quarter. Within this segment, prices in the Core Central Region increased by 0.4%, while the Rest of Central Region and the Outside Central Region posted stronger gains of 0.9% and 1.3%, respectively. The government is maintaining a proactive stance on housing supply to support demand and ensure market stability. A total of 4,575 private residential units will be released via the Confirmed List in the first half of 2026, about 50% above the average supply per GLS programme over the past decade.