Singapore private home prices rise 1.4 pct in Q3-Xinhua

Singapore private home prices rise 1.4 pct in Q3

Source: Xinhua

Editor: huaxia

2026-10-23 15:57:45

SINGAPORE, Oct. 23 (Xinhua) -- Singapore's private residential property price index rose 1.4 percent in the third quarter of 2026, accelerating from a 0.5 percent increase in the previous quarter, official data showed on Friday.

The index rose by an average of 0.9 percent per quarter in the first nine months of 2026, similar to the corresponding period in 2025, the Urban Redevelopment Authority said in a statement.

The government will continue to maintain a strong private housing supply through its Government Land Sales Program to meet demand and support market stability, it said.

A total of 4,745 private residential units will be launched under the confirmed list in the second half of 2026, bringing the full-year supply to 9,320 units, more than 50 percent above the 10-year annual average.

More than 32,000 private housing units, including executive condominiums, could be available for sale over the next one to two years, forming part of the 57,200 private residential units expected to be completed over the next few years. ■