Singapore private home price growth slows to 0.3% in Q1 2026

This is the weakest quarterly increase in six quarters.

Overall Singapore private home prices rose by 0.3% quarter-on-quarter (QOQ) in Q1 2026, slowing from the 0.6% growth recorded in the previous quarter, according to flash estimates cited by PropNex. This marks the weakest quarterly increase in six quarters, although PropNex noted that the final figures—due on 24 April 2026—could trend higher as more late-March transactions are incorporated.

The moderation was largely driven by the landed housing segment, where prices declined by 1.8% QOQ, reversing a 3.4% increase in Q4 2025. PropNex attributed this to a sharp drop in transaction volumes, with URA Realis caveat data showing landed home sales falling about 28% QOQ to 416 units in Q1 (as at 24 March). The agency added that weaker activity in March, potentially linked to heightened uncertainty following the late-February Middle East conflict, may have dampened buyer sentiment.

In contrast, the non-landed segment posted a 1.0% QOQ price increase, rebounding from a 0.2% decline in the previous quarter. PropNex highlighted that growth was led by the Outside Central Region (OCR), where prices rose by 1.3% QOQ—the strongest gain in five quarters—supported in part by new project activity, including Pinery Residences.

The Rest of Central Region (RCR) recorded a 0.9% QOQ increase despite the absence of new launches, building on the 0.7% growth in Q4 2025. PropNex expects relatively fewer launches in this sub-market in 2026, with projects such as Hudson Place Residences and a major Bright Hill Drive development in the pipeline.

Meanwhile, prices in the Core Central Region (CCR) edged up by 0.4% QOQ, recovering from a sharp 3.5% decline in the previous quarter. According to PropNex, this was supported by successful launches including Newport Residences and River Modern, with more projects expected to sustain activity in the prime segment through the rest of the year.