Summary

Singapore's private residential market entered the second half of 2026 with momentum that is real but unevenly distributed. URA's full second-quarter statistics, released on 24 July 2026, put the overall private residential property price index at +0.5% quarter on quarter, slower than the +0.9% recorded in Q1 2026. For the first half of the year, prices rose 1.4%, below the 1.8% gain over the same period in 2025.

The headline number, however, conceals the more useful signal. Landed homes drove the quarter with a 2.5% increase, while non-landed private homes slipped 0.1% overall. Within that non-landed segment, the Core Central Region (CCR) accelerated to +1.8%, the Rest of Central Region (RCR) fell 1.2%, and the Outside Central Region (OCR) eased 0.1%.

That is a reversal of the pattern seen in Q1 2026, when the OCR led with +2.2%, the RCR added 0.8%, the CCR managed 0.6%, and landed homes declined 0.4%. PropNex's Q2 2026 review confirms the same reading of URA's finals, noting that landed homes lifted the overall index while non-landed prices edged lower.

The rental market moved in the same modest direction. Overall private residential rentals rose 0.7% in Q2 2026, with non-landed CCR rents up 1.2% — a second consecutive quarter of firmer central leasing demand after Q1's 0.3% overall gain.

Transaction activity remained steady rather than heated. Developers sold 2,141 units excluding executive condominiums, while resales reached 3,813. Vacancy for completed private residential properties excluding ECs stood at 6.4%.

Supply-side signals are worth watching. Around 60,600 units are expected to complete over the coming years, and the 2H2026 Government Land Sales Confirmed List carries 4,745 units. The full-year FY2026 Confirmed List totals 9,320 units — more than 50% above the ten-year average.

What this means for Singapore

The practical takeaway for anyone tracking the singapore property market update cycle is that "the market" is no longer a single story. The Q2 2026 data describes three regional markets moving at different speeds, and the divergence is the news.

The CCR's +1.8% non-landed print is the standout. It follows a softer +0.6% in Q1 2026 and suggests buyers with deeper capital are re-engaging with core addresses even as the broader index cools. Commentary: this looks less like a broad-based recovery and more like selective repositioning toward prime, well-located stock.

The RCR's swing from +0.8% in Q1 to −1.2% in Q2 is the sharpest move in the dataset. The city-fringe segment had been the steady middle of the market; a negative quarter there changes the calculus for owners and buyers who assumed fringe projects carried lower pricing risk than prime.

The OCR's drift from +2.2% to −0.1% matters for the largest pool of Singaporean households. The suburban segment had been carrying overall momentum through 2025 and early 2026. A flat quarter does not signal decline, but it does signal that the earlier pace is not being sustained.

Landed property is doing its own thing entirely, up 2.5% in Q2 after a 0.4% dip in Q1. Landed supply is structurally constrained, so this segment responds to different forces than the condominium market.

The supply picture adds a forward-looking consideration. With roughly 60,600 units in the completion pipeline and a Confirmed List running more than half again above the ten-year average, the volume of incoming stock is a variable that district-level analysis should now factor in.

What to do next

  • Read the districts separately. A single "singapore property prices" figure will not tell you what is happening in the CCR, RCR or OCR right now — Q2 2026 showed all three moving in different directions.
  • Watch the GLS pipeline. The 2H2026 Confirmed List of 4,745 units and the FY2026 total of 9,320 units shape the medium-term supply picture in the areas where those sites sit.
  • Track the rental line alongside prices. Overall rentals rose 0.7% and CCR non-landed rents rose 1.2% in Q2 2026 — a firmer leasing signal in the core worth monitoring against the price trend.
  • Start with a structured view of your own position and target districts: proprkey.com/en/onboarding