Singapore Home Price Growth Slows in Q1 Amid Persistent Demand

Apr 01, 2026 01:01 UTC

SGX, SPH, ^STI

Medium term

Singapore private home prices rose at a slower pace in the first quarter of 2026, despite ongoing demand for new properties. The preliminary index for private residential property increased by 0.3% in Q1, down from a 0.6% rise in the previous quarter.

Private home prices in Singapore rose 0.3% in Q1 2026
Growth slowed from 0.6% in the previous quarter
Demand for new homes remains strong despite slower price increases
Market activity suggests ongoing interest in residential properties
Developers and investors may need to adapt to changing market conditions

The preliminary index for private residential property in Singapore climbed by 0.3% in the first quarter of 2026, according to the Urban Redevelopment Authority. This marks a deceleration from the 0.6% growth recorded in the fourth quarter of 2025. While the pace of price increases has moderated, the market remains active, with continued demand for new homes in the city-state. The slower growth could reflect a combination of market saturation and cautious buyer behavior in response to broader economic conditions. Developers and investors may need to adjust strategies as the market evolves, balancing supply with the current demand dynamics. The real estate and construction sectors are likely to monitor these trends closely, as they could influence future investment decisions and project developments.