Transaction volume of private homes shrinks 30% over Q2 while HDB volume rises 17.7%
[SINGAPORE] Private residential prices rose 1.4 per cent in the third quarter of 2026, even as resale public housing values inched down a further 0.2 per cent, government flash estimates released on Thursday (Oct 1) showed.
Private home price growth accelerated in Q3 from the slight 0.5 per cent rise in the second quarter, led by a faster increase in landed homes. Prices in the landed segment rose 2.8 per cent, picking up from a 2.5 per cent growth in the prior quarter.
The suburban market in the Outside Central Region registered the biggest rise of 2.2 per cent, swinging from a 0.1 per cent dip previously. Prices in the city fringe Rest of Central Region edged up 0.2 per cent, reversing from a 1.2 per cent decline in Q2.
Prime Core Central Region prices inched down 0.1 per cent, turning from a 1.8 per cent gain in the preceding three months.
Sales volume fell 30 per cent in Q3, with 4,296 transactions recorded as at mid-September, from 6,148 in the previous quarter. For the year to date, transaction volume fell nearly 20 per cent to 15,857, from 19,793 for the same period last year.
In the public housing market, data from the Housing & Development Board (HDB) showed a further easing of prices, with a 0.2 per cent decrease in Q3.
SEE ALSO
This marks the third consecutive quarter of resale prices falling, after a 0.3 per cent dip in Q2 and a 0.1 per cent decline in Q1.
Transaction volumes of resale flats rose 17.7 per cent to 7,528 units as at Sep 29, from 6,396 units in the previous quarter. Year on year, this was a 5.2 per cent increase from the 7,157 units recorded in the same period last year.
HDB said it has not observed a significant increase in prices and sales volumes in flats purchased by private residential property owners and former private property owners since the 15-month wait-out period was lifted on Jul 28.