Singapore Property in Q2 2026: Prices Edge Up as the Market Finds Its Balance

Singapore's private residential market kept its footing in the second quarter of 2026. Prices rose 0.5%, a measured pace that suggests a market normalising rather than losing steam, according to Urban Redevelopment Authority data released on 24 July 2026 and reported by The Straits Times.

The rental market told a story of steady demand. Private home rents climbed 0.7% in Q2, ahead of the 0.3% gain in the previous quarter. The standout was the landed segment: rents for landed homes jumped 2.7% in a single quarter, far outpacing the broader market. In the Core Central Region, home to Singapore's prime districts, non-landed rents rose 1.2%, ahead of both the city fringe and the suburbs.

For anyone watching the luxury end of the market, those two numbers matter most. Landed housing stock is finite and prime-district addresses are scarce by definition, so when demand holds firm, that scarcity shows up first in rents and then in values. This happened even as overall vacancy edged up to 6.4%, which tells you the strength is selective rather than universal.

Buying activity stayed healthy too. Developers sold 2,141 new private homes in the second quarter, up from 2,013 in the first, even with slightly fewer units launched. Looking ahead, around 5,012 private homes including executive condominiums are due to complete in the second half of 2026, part of a pipeline of more than 60,000 units over the coming few years. More choice is coming, which means well-located and well-specified homes will increasingly stand apart from the rest.

The public housing market offered a telling contrast. HDB resale prices dipped 0.3% in Q2, a second straight quarterly decline and, as CNA reported, the largest since 2019, with analysts pointing to softer demand amid economic uncertainty. For upgraders, timing the move from a flat to private property is becoming a more strategic decision than it was during the boom years.

Our take at Finest SRI: a market that rewards selectivity is a market that rewards good advice. Prime-district condominiums and landed homes continue to outperform on fundamentals, and the window before the next wave of completions is a sensible time to position. Browse our curated listings or speak with our specialists on WhatsApp at +65 6677 5000.

Sources: The Straits Times, "Private residential rents rise 0.7% in Q2 as home prices inch up 0.5%: URA" (24 Jul 2026), straitstimes.com. CNA, "HDB resale prices fall for second consecutive quarter as private home prices edge up" (1 Jul 2026), channelnewsasia.com.