Singapore Property Market Update — H1 2026: A Slower, Steadier Market

Sep 8

2 min read

As we move into the second half of 2026, the numbers tell a clear story: the heat has come off the market, but it hasn't turned cold. Here's what the latest URA and HDB data means for you — whether you're buying your first home, selling, or planning your next upgrade.

Private homes: growth cools, value shifts

URA's Q2 2026 figures show private home prices rose just 0.5% for the quarter, down from 0.9% in Q1. That growth is now carried almost entirely by landed homes (+2.5%), while non-landed prices slipped slightly (-0.1%). By region, the Core Central Region firmed up (+1.8%), while the city fringe (RCR, -1.2%) and suburbs (OCR, -0.1%) softened. New home sales stayed measured at around 2,140 units.

The takeaway: buyers have more room to negotiate than a year ago, and the runaway suburban price jumps have paused. Interestingly, the Core Central Region — long the laggard — is where quiet value is returning.

HDB resale: a gentle plateau

HDB resale prices eased for a second straight quarter, with the Resale Price Index slipping 0.3% to 202.7 in Q2 2026. After years of relentless increases, this is a gentle plateau rather than a cliff — but it does change the maths for upgraders.

What this means for you

If you're buying

Less urgency, more choice. This is a market that rewards patience and careful analysis over fear of missing out.

If you're selling

Pricing right matters more than ever. The buyers are there, but they're discerning — strong marketing and correct positioning are what separate a quick sale at a good price from a listing that lingers.

If you're upgrading

With HDB and private prices cooling in tandem, the 'sell high, buy high' gap has narrowed — which can be a favourable window to move, provided your timeline and financing are structured properly.

Let's look at your situation

Headline numbers only tell you so much — every family's position is different. If you'd like us to run the numbers for your specific flat, estate or target project, and map out whether now is the right time for your move, we're one message away.

Figures from URA's Q2 2026 real estate statistics and HDB's Q2 2026 flash estimate. Shared for general information, not as financial advice.