Summary
Singapore’s private residential market moderated further in Q2 2026. The Urban Redevelopment Authority’s 1 July 2026 flash estimate put the overall private residential property price index up 0.5% quarter on quarter, slower than the 0.9% rise in Q1 2026.
Under the hood (URA flash): non-landed private prices fell a marginal 0.1% quarter on quarter (after +1.3% in Q1), while landed prices rose 2.6% and carried the headline. Within non-landed, Core Central Region rose 2.0%, Rest of Central Region fell 1.4%, and Outside Central Region eased 0.2%.
PropNex’s 24 July 2026 summary of URA’s final statistics confirmed the same 0.5% overall print and 1.4% cumulative growth for 1H 2026. Final landed print in that table is +2.5% QoQ; non-landed −0.1%; CCR +1.8%, RCR −1.2%, OCR −0.1%. Treat flash estimates with URA’s own caution: they can differ from final statistics.
Do not invent yields or claim a crash from a half-point overall gain.
What this means for Singapore
This is a moderation tape — price-firm in aggregate, softer in parts of non-landed — not a distress narrative. Asia-Pacific buyers comparing Singapore to other markets should keep cooling-measure costs in the same frame as the URA index when modelling an entry. Empty shelves until checks clear are intentional under a verified-only listing posture.
What to do next
- Cite URA for the official index; name the quarter and whether the figure is flash or final.
- Separate landed versus non-landed when explaining the 0.5% headline.
- Developers and Pros: join the verified path at proprkey.com/en/onboarding