Private residential property prices in Singapore have continued their upward trajectory for the eighth consecutive quarter, according to the Urban Redevelopment Authority’s (URA) flash estimates for Q3 2026. The overall price index rose by 1.4%, marking the fastest quarterly growth since Q4 2024, when prices increased by 2.3%.
The landed property segment led the charge with a 2.8% increase, following a 2.5% rise in the previous quarter. Non-landed homes also saw a reversal of fortunes, climbing 0.9% after a slight dip of 0.1% in Q2 2026. Notably, non-landed properties in the suburbs, or Outside of Central Region (OCR), experienced a significant 2.2% rise, whilst the Rest of Central Region (RCR) saw a modest 0.2% increase. The Core Central Region (CCR), however, recorded a marginal decline of 0.1%.
Christine Sun, Chief Researcher and Strategist at Realion (OrangeTee & ETC) Group, attributed the accelerated price growth to a higher proportion of private homes being sold at premium prices. “The share of private homes sold for at least S$2m rose from 49.2% in Q2 2026 to 53.6% in Q3 2026,” she noted.
Looking ahead, the market anticipates a surge in transactions in Q4 2026, spurred by major launches such as Lucerne Grand, Thomson Reserve, and The Serra, which will collectively add approximately 2,000 new homes. However, potential buyers may remain cautious due to possible interest rate hikes, as indicated by the recent Federal Reserve decision to raise rates for the first time since July 2023.
