Singapore’s prime residential market is poised for significant growth in the second half of 2026, with capital values expected to increase by 2% to 3.9%, as reported by Savills’ World Cities Prime Residential Index. This projection places Singapore among the top seven of 30 global cities anticipated to experience growth of 2% or more, alongside cities like Cape Town and Seoul.
In the first half of 2026, Singapore’s prime capital values saw a modest rise of 0.4%, whilst prime rents climbed 1.7%, surpassing the global average rental growth of 1.1%. At $1,850 per square foot as of June 2026, Singapore remains the most expensive prime residential market in Southeast Asia, significantly outpacing Kuala Lumpur and Bangkok.
Alan Cheong, Executive Director of Research & Consultancy at Savills Singapore, noted, “The relatively modest growth in Singapore’s prime residential values in the first half masks a market that remains fundamentally well supported. Underlying demand remains resilient, whilst higher land prices over the past two years continue to support pricing expectations.”
Globally, the prime residential markets have shown resilience despite geopolitical uncertainties, with average capital values rising 0.6% in H1 2026. Savills anticipates continued positive but moderate growth into H2 2026, with 16 of the 30 cities expected to see capital value increases.
Kelcie Sellers, Associate Director at Savills World Research, highlighted the importance of selecting the right city for investment, stating, “Cities able to combine constrained supply, strong household wealth creation, and sustained international demand are likely to outperform.”
As Singapore’s market continues to show strength, it remains a key player in the global prime residential sector, with expectations of further growth in the coming months.
