PropNex Research has released its 2026 Property Market Outlook, highlighting a projected 3-4% growth in both private residential and HDB resale flat prices. The report, published today, outlines the performance of various property segments in 2025 and anticipates key market drivers for the coming year.
The report notes that despite macroeconomic uncertainties, Singapore’s residential property market demonstrated remarkable resilience in 2025, with strong home sales and measured price growth. The Core Central Region (CCR) saw a significant recovery in new home sales, with developers selling over 10,600 units by 30 November 2025, marking the first time in nearly four years that sales exceeded 10,000 units.
In the HDB resale segment, prices rose at a slower pace compared to the previous year’s 9.7% increase, indicating greater market stability and affordability. However, certain areas still experienced strong demand, pushing the number of million-dollar flat resales to a record high in 2025.
Looking ahead, PropNex anticipates that favourable interest rates, resilient housing demand, and attractive new projects will support moderate price increases in 2026. However, potential risks include slowing global growth and geopolitical tensions, with PropNex remaining cautious about further cooling measures.
Executive Chairman of PropNex, Ismail Gafoor, stated, “The impressive rebound in home sales in 2025 has been underpinned by solid fundamentals—resilient demand, more accommodative interest rates, and a tight labour market.”
The report also highlights opportunities for homebuyers and investors, including new mixed-use developments and projects near MRT stations. However, challenges such as tighter launch supply and mismatched price expectations between buyers and sellers may persist.
