SINGAPORE, July 24 (Xinhua) -- Singapore's private residential price index increased by 0.5 percent in the second quarter of 2026, lower than the 0.9 percent increase in the previous quarter, official data showed on Friday.
This brought the cumulative increase for the first half of 2026 to 1.4 percent, below the 1.8 percent gain in the first half of 2025, the Urban Redevelopment Authority said in a statement.
Prices of landed homes rose 2.5 percent in the second quarter, rebounding from a 0.4 percent decline in the previous quarter. In contrast, prices of non-landed homes slipped 0.1 percent, reversing a 1.3 percent increase in the first quarter.
Private residential rents increased 0.7 percent in the second quarter, accelerating from a 0.3 percent rise in the preceding quarter.
The government said it would continue maintaining a high supply of private housing to meet demand and support market stability.
A total of 4,745 private residential units will be released under the Confirmed List of the Government Land Sales Program in the second half of 2026, lifting full-year confirmed supply to 9,320 units, more than 50 percent above the annual average over the past decade. ■
