[REVISION HISTORY]

Singapore real estate market trends

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2026-10-22 07:23 UTC → 2026-11-03 01:33 UTC · added ~~removed~~

The Singapore property market has shown divergent trends throughout late 2026. In the HDB resale sector, initial outlooks suggested a potential price rebound driven by demand for larger flats from homeowners seeking to right-size. This was supported by projections of increased housing supply as more units reach their Minimum Occupation ~~Period.~~ Period, with units expected to rise from 6,973 in 2025 to 18,939 by 2027. By the third quarter of 2026, HDB resale prices recorded a slight decline, falling 0.2% quarter-on-quarter and 0.6% year-on-year. However, a policy change removing the 15-month wait-out period for private property owners purchasing non-subsidised resale flats has generated renewed ~~interest~~ interest. Realion Group has projected modest price growth of up to 1% for 2026, noting that while million-dollar transactions may increase, they are unlikely to drive significant overall price rises. Additionally, higher income ceilings introduced in August 2026 may allow more households to qualify for Build-To-Order flats, potentially diverting demand from the resale market. In the private residential sector, the third quarter saw a rise in loss-making transactions. Data from Cushman & Wakefield indicates that 4.6% of islandwide private resale deals ended at a loss, the highest level since mid-2022, with the Core Central Region accounting for nearly half of these deals. Concurrently, the industrial sector experienced growth, with the industrial property price index rising 1% quarter-on-quarter and 4.2% year-on-year, alongside a 0.5% increase in rental indices. Despite these price gains, occupancy rates saw a slight dip to 88.9% due to redevelopment and shifting demand in suburban business parks.

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