URA releases private residential property price index for 3rd Quarter 2026

The Urban Redevelopment Authority (URA) released the private residential property price index for 3rd Quarter 2026, showing a 1.4% increase compared to the previous quarter. This follows a 0.5% rise in 2nd Quarter 2026. The government is maintaining a high level of private housing supply through the Government Land Sales Programme to support market stability.

What was the price change?

The private residential property price index rose by 1.4% in 3rd Quarter 2026, compared to a 0.5% increase in the previous quarter. Prices of non-landed properties increased by 0.9%, while landed properties saw a 2.8% rise. The Core Central Region saw a 0.1% decrease, while the Outside Central Region experienced a 2.2% increase.

What is the supply outlook?

The Government Land Sales Programme will launch 4,745 private residential units in the second half of 2026, bringing the full-year supply to 9,320 units. This is more than 50% above the annual average over the past 10 years. The total supply of private residential units expected to be completed over the next few years is around 60,600.

What are the key warnings?

The macroeconomic outlook remains uncertain, with global and domestic interest rates affecting the market. Homebuyers are advised to exercise caution when purchasing property and taking out mortgage loans. The URA warns that flash estimates may differ from actual changes and advises the public to interpret them with care.