URA Q2 Data Shows Singapore Resales Taking 62 Percent Of Private Deals

Singapore's private residential market cooled in headline price growth during the second quarter, while resale transactions accounted for a larger share of total private-home sales.

Prices Slowed But Did Not Fall Overall

URA reported a 0.5 percent increase in the private residential price index in Q2, slower than the previous quarter. Landed prices rose, while non-landed prices softened in the Rest of Central Region and Outside Central Region.

Resales Carried The Market

There were 3,813 resale transactions in Q2, making up 62 percent of all private sale transactions. Developers sold 2,141 units in the quarter, while new launches remained measured relative to the larger pipeline.

Supply Policy Is Still Active

The government is sustaining a high confirmed-list GLS supply for the second half of 2026 and expects more than 60,000 private residential units, including ECs, to complete over coming years. That supply path is intended to limit speculative pressure.

Buyer Checks

Purchasers should compare project-level caveats, remaining lease, maintenance fees, segment performance, rental contracts and nearby GLS sites. OCR and RCR buyers should be more price-sensitive where new supply is coming, particularly if resale options already show discounts.

Outlook

Singapore's market remains stable but less one-directional. Resale evidence and future GLS competition should matter more than broad price-index gains in the next negotiation cycle.

Search for Properties for Sale and Rent: Singapore Housing Market.