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Private Home Prices Rise 1.4% in Q3 2026 as New Sales Slow and Rents Climb

URA private home prices rose 1.4% in Q3 2026, led by landed homes, while developer sales fell to 1,183 units and rents rose 1.3%. The figures and the impact.

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URA’s private home prices rose 1.4% in Q3 2026, faster than the 0.5% rise in the 2nd Quarter, the Urban Redevelopment Authority said on 23 October 2026. Landed homes led with a 2.9% gain; non-landed homes rose 1.0%.

Developer sales fell by almost half as fewer projects were launched, while resales held steady and rents rose 1.3%. For buyers, prices are firming again; for landlords, rents are rising, but so is the number of empty homes.

URA Private Home Prices in Q3 2026 by Segment

From URA’s 3rd Quarter 2026 release:

Segment Q3 2026 Q2 2026
All private homes +1.4% +0.5%
Landed +2.9% +2.5%
Non-landed +1.0% -0.1%
Core Central Region (non-landed) +0.3% +1.8%
Rest of Central Region (non-landed) 0.0% -1.2%
Outside Central Region (non-landed) +2.3% -0.1%

Quarter-on-quarter change in URA’s price index.

The flash estimate on 1 October, based on data up to mid-September, had also put the overall rise at 1.4%. The suburban Outside Central Region, where many buyers upgrade from HDB flats, went from a small fall to the biggest gain of the three regions.

Fewer New Launches, Steady Resales

Developers launched 1,140 units in the quarter, down from 1,783, and sold 1,183, down from 2,141 (both excluding Executive Condominiums). EC sales were 68 units, from 175; no new EC project was launched.

Resales were almost unchanged at 3,801 transactions, against 3,813, and made up 73.9% of all private sales, up from 62.0%. Sub-sales were 162.

The short version: Private home prices rose 1.4% in Q3 2026, led by landed homes (+2.9%) and suburban condos (+2.3%). New sales fell to 1,183 units on thin launches, resales held at about 3,800, and rents rose 1.3%. Vacancy rose to 7.2% as 3,559 homes were completed.

Rents Up, but Vacancy Rising

URA’s rental index rose 1.3%, after 0.7% in the 2nd Quarter. Non-landed rents rose 1.2%, with the Outside Central Region up 3.1%, the Rest of Central Region up 1.5% and the Core Central Region down 0.3%. Landed rents rose 2.1%.

At the same time, 3,559 homes were completed in the quarter, up from 1,212, and the vacancy rate for completed private homes rose from 6.4% to 7.2%. In the Rest of Central Region it went from 6.1% to 7.4%.

The Supply Pipeline

At the end of September, URA counted 44,738 private homes and ECs with planning approval still in the pipeline, 20,300 of them unsold. With sites that do not yet have approval, about 32,800 units could be available for sale in the next one to two years.

URA expects about 57,200 units to complete in the coming years: about 22,300 by 2028 and 34,900 from 2029.

What It Means for Buyers, Sellers and Landlords

HDB upgraders. Suburban condo prices moved up after two soft quarters. Your budget is still set by the loan limits rather than the market: the Total Debt Servicing Ratio caps all monthly debt repayments at 55% of income for a private home. Test your numbers in our home affordability calculator.

Second-property buyers. Additional Buyer’s Stamp Duty for a Singapore Citizen buying a second home is 20% of the price, according to IRAS, on top of Buyer’s Stamp Duty. Run the figures in the stamp duty calculator before you commit.

Landlords. Rents are rising, but more completions mean more competing units, especially in the Rest of Central Region. Use the rental yield calculator with a realistic vacancy allowance rather than the headline rent.

Sellers. For homes bought on or after 4 July 2025, IRAS charges Seller’s Stamp Duty of 4% to 16% on a sale within four years; see our guide to Seller’s Stamp Duty and the SSD calculator.

URA repeated its caution that households should exercise prudence when buying property and taking mortgages.

What To Do Next

  • Compare asking prices with recent caveats for the same project on URA’s property market information pages.
  • Price a purchase in full, including stamp duty and legal fees, with the purchase cost summary.
  • If you are upgrading from an HDB flat, read how to buy a house in Singapore for the order of steps.
  • Ask your bank for an In-Principle Approval before you pay any option fee.

Frequently Asked Questions

How much did private home prices rise in Q3 2026?

1.4%, according to URA's final figures released on 23 October 2026, up from 0.5% in the 2nd Quarter. Landed homes rose 2.9% and non-landed homes 1.0%.

Which region rose the most?

Non-landed homes in the Outside Central Region rose 2.3%. The Core Central Region rose 0.3% and the Rest of Central Region was unchanged.

Did private rents go up in Q3 2026?

Yes. URA's rental index rose 1.3%, after 0.7% in the 2nd Quarter. Non-landed rents in the Outside Central Region rose 3.1%, while those in the Core Central Region fell 0.3%.

How many new private homes did developers sell in Q3 2026?

1,183 units excluding ECs, down from 2,141 in the 2nd Quarter, as fewer projects were launched. Resales made up 73.9% of all private transactions.

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Sources

  1. URA: Release of 3rd Quarter 2026 real estate statistics (23 October 2026)
  2. URA: Release of flash estimate for 3rd Quarter 2026 private residential property price index (1 October 2026)
  3. IRAS: Additional Buyer's Stamp Duty
  4. IRAS: Seller's Stamp Duty for residential property
  5. MAS: MSR and TDSR rules