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Singapore Q3 Final: Prices Hit Record, New-Home Sales Drop 45%

  • by- Grihik
  • Oct 28, 2026
URA's final data shows private home prices up 1.4% to a record 222.5 in Q3, while developer sales fell 45% and vacancy rose to 7.2%.
Singapore Q3 Final: Prices Hit Record, New-Home Sales Drop 45%

The Urban Redevelopment Authority's final figures for the third quarter, released on October 23, confirm that private home prices rose 1.4% from the previous quarter, accelerating from 0.5% in Q2. The index reached 222.5, its highest level on record.

How did the segments do?

  • Landed homes: +2.9%
  • Non-landed homes: +1.0%, with non-landed prices outside the central region (OCR) up 2.3%
  • Suburban condos: +2.3%
  • Rents: +1.3%, after 0.7% in Q2
  • Vacancy: 7.2%

The final figures differ slightly from the October 1 flash estimates, which had landed at +2.8% and non-landed at +0.9%.

Why is it a mixed picture?

Developers sold 1,183 new units in Q3, against 2,141 in Q2, a fall of about 45%, while launches slipped to 1,140 from 1,783. With fewer new sales, resale deals made up about 74% of private transactions, up from 62%. A higher index does not mean a hotter market.

What about public housing?

The HDB Resale Price Index fell 0.1% to 202.5, its third straight quarterly dip (after -0.1% in Q1 and -0.3% in Q2), although resale transactions rose about 19.5% from Q2 to roughly 7,645.

What is coming?

The government's Confirmed List land sales for H2 2026 cover 4,745 private units, taking the full-year total to 9,320. Pipeline completions, including executive condominiums, stand at about 60,600 units over the next few years.