Singapore's private home prices rose 1.4 percent quarter on quarter in the third quarter of 2026, but new developer sales fell to 1,082 units, roughly half the previous quarter, according to data from the Urban Redevelopment Authority and property consultancy CBRE.
The URA's flash estimate, released on 1 October 2026, showed the overall private residential price index up 1.4 percent from the second quarter, when it rose 0.5 percent. Landed properties led gains with a 2.8 percent increase, up from 2.5 percent in the previous quarter, while non-landed properties rose 0.9 percent, reversing a 0.1 percent decline in Q2.
Within the non-landed segment, suburban homes in the Outside Central Region gained 2.2 percent, the Rest of Central Region rose 0.2 percent, and the Core Central Region, which covers prime districts, slipped 0.1 percent after a 1.8 percent rise in the previous quarter.
CBRE counted 1,082 new private home sales excluding executive condominiums in Q3, down 49.5 percent from 2,141 in Q2 and 67 percent from 3,288 in the same period of 2025. Over the first nine months of 2026, CBRE tallied 5,236 new sales, 33.5 percent below the same period last year.
The two datasets measure different aspects of the market. A price index tracks the prices at which homes change hands and can rise on thinner volume if the units that do sell are priced higher. URA reported that overall sale transactions fell about 30 percent from Q2 to 4,296 units, using data to mid-September.
CBRE highlighted two launches during the quarter: Lentor Gardens Residences in the Outside Central Region, where 291 units sold at a median price of $2,357 per square foot, and Dunearn House in the Core Central Region, with 237 units sold at a median of $3,107 per square foot. Neither source stated what caused the slowdown in volumes.
CBRE maintained its full-year forecast of 7,500 to 8,500 new home sales in 2026, after 10,815 units in 2025, and said prices could close the year at the higher end of its 2 percent to 4 percent forecast. The URA struck a cautious tone, stating that the macroeconomic outlook remains highly uncertain, including for global and domestic interest rates, and advised households to exercise prudence when buying property and taking out mortgage loans.
On supply, the Government Land Sales Confirmed List for the second half of 2026 includes 4,745 private residential units, bringing the full-year total to 9,320, according to Little Big Red Dot. The URA's full third-quarter statistics are due on 23 October 2026, and the flash figures are preliminary.
Singapore is one of the region's most closely watched residential markets, and the third quarter presents a split picture: price momentum is concentrated in landed and suburban homes, while prime districts were flat to slightly lower and new-launch activity cooled. Readers comparing markets should read price indices alongside transaction volumes rather than in isolation.
