The Singapore property market in 2026 presents a complex picture — moderated price growth, cooling measure effects, and shifting demand patterns across segments. Here is what the data shows and what it means for buyers and investors.
Price Trends
After several years of strong growth (especially 2021-2023), the market has entered a more measured phase. Cooling measures introduced in 2023 (higher ABSD for foreigners and investors) have had a noticeable effect on transaction volumes. Private property prices have stabilised with moderate growth, while HDB resale prices continue to rise due to sustained upgrading demand.
Transaction Volumes
Resale volumes have held up better than new launch sales, as buyers increasingly seek immediate occupancy and value. New launch volumes remain healthy but are concentrated in well-priced projects in desirable locations. Luxury segment sales have slowed due to the higher ABSD for foreign buyers.
Cooling Measure Impacts
The 60% ABSD on foreign buyers has significantly reduced foreign participation. Developer sentiment has shifted toward targeting local upgraders and investors. The HDB housing grant adjustments have supported first-time buyers entering the market.
Sector Outlook
HDB: Resale prices likely to continue moderate growth driven by upgraders selling their flats and BTO demand remaining strong.
Suburban Condos (OCR): Stable demand from upgraders and first-time private buyers. Well-priced new launches in this segment are performing well.
City Fringe (RCR): Strong demand from professionals and investors, but pricing has become elevated in some locations.
Core Central (CCR): Luxury segment facing headwinds from reduced foreign demand, but prime district properties are holding value.
Bottom Line
The 2026 market rewards patience and selectivity. There are opportunities in well-priced resale units and new launches that offer genuine value. If you want a market briefing tailored to your specific situation, book a consultation.