Summary
Singapore's private home prices rose 1.4% in the third quarter of 2026, the Urban Redevelopment Authority (URA) said on 23 Oct, matching its flash estimate of 1 Oct. That is the fastest quarterly rise this year, after 0.5% in Q2, and puts the average quarterly increase over the first three quarters at 0.9%.
Landed homes led with a 2.9% rise. Non-landed prices rose 1.0%, driven by the Outside Central Region (OCR), where they climbed 2.3%. At the same time, the vacancy rate for completed private homes rose to 7.2% from 6.4% as 3,559 units were completed in the quarter.
What the final data show
| Measure (Q3 2026) | Change on Q2 | Q2 2026 |
|---|---|---|
| Overall private home prices | +1.4% | +0.5% |
| Landed | +2.9% | +2.5% |
| Non-landed, Core Central Region (CCR) | +0.3% | +1.8% |
| Non-landed, Rest of Central Region (RCR) | 0.0% | -1.2% |
| Non-landed, OCR | +2.3% | -0.1% |
| Overall private rents | +1.3% | +0.7% |
Source: URA, release of 3rd Quarter 2026 real estate statistics, 23 Oct 2026.
The regional pattern reversed from Q2, when CCR prices led and the RCR fell. Rents followed a similar split: non-landed rents rose 3.1% in the OCR and 1.5% in the RCR but fell 0.3% in the CCR.
Developers sold 1,183 new homes excluding executive condominiums (ECs) in Q3, down from 2,141 in Q2, and launched 1,140 units. Resales made up most of the market: 3,801 units, or 73.9% of all sale transactions, against 62.0% in Q2. Developers sold 68 EC units and launched none.
What this means for Singapore buyers
Supply is arriving faster than it is being taken up. Private housing stock excluding ECs grew by 3,491 units in Q3 while occupied stock fell by 305, URA said, and vacancy rose in every region: to 8.4% in the CCR, 7.4% in the RCR and 6.5% in the OCR.
More is coming. URA counts about 57,200 units expected to complete in the coming years, about 22,300 of them by 2028, and about 32,800 units that could be offered for sale in the next one to two years. Of the 44,738 units with planning approval at the end of September, 20,300 were unsold.
For buyers, that means rising prices in the OCR sit alongside a growing pool of completed and upcoming homes to compare. For landlords, rents are still rising, but higher vacancy means more competition for tenants, especially in newly completed areas.
What to do next
- Compare a project's price with its region's index move: OCR non-landed prices rose 2.3% in Q3, the RCR was flat.
- Check vacancy and completions near any home you plan to let out before setting a rent.
- Compare resale homes with new launches: https://proprkey.com/en/properties?segment=buyer&mode=buy
- Track the Q4 launch pipeline: https://proprkey.com/en/new-developments
- Ask a verified mortgage adviser or property lawyer to check your numbers: https://proprkey.com/en/pros?segment=legalFinance