Private home prices in Singapore rose 0.5% quarter-on-quarter in the second quarter of 2026, easing from a 0.9% increase in the first quarter, according to preliminary estimates. This marked the slowest pace of growth since the third quarter of 2024, when prices fell.
The moderation was largely due to a decline in non-landed property prices, which slipped 0.1% after a 1.3% gain in Q1. This downturn was driven by price falls in both the Rest of Central Region (down 1.4% vs up 0.8% in Q1) and the Outside Central Region (down 0.2% vs up 2.2%). These declines were partly offset by a stronger rise in the Core Central Region, where non-landed prices climbed 2.0%, accelerating from 0.6% previously.
In contrast, landed property prices rebounded, rising 2.6% after a 0.4% decline in the previous quarter.
The government said in a statement that, to meet housing demand and support market stability, it will maintain a high and steady supply of private housing through the Government Land Sales (GLS) Programme.