The Urban Redevelopment Authority (URA) has published its full third-quarter statistics, and the headline for landed buyers is a small upward revision. In its release of 23 October 2026, URA says prices of landed properties rose 2.9% in the third quarter, compared with a 2.5% increase in the previous quarter. The flash estimate on 1 October had put the figure at 2.8%.
We covered the flash estimate in our earlier look at Q3 landed prices. This article updates that picture with the final numbers and the extra detail URA released on transactions, rentals and supply.
Flash estimate vs final figures
| Price index, Q3 2026 (quarter-on-quarter) | Flash (1 Oct) | Final (23 Oct) |
|---|---|---|
| Overall private residential | +1.4% | +1.4% |
| Landed | +2.8% | +2.9% |
| Non-landed (all regions) | +0.9% | +1.0% |
| Non-landed – Core Central Region | −0.1% | +0.3% |
| Non-landed – Rest of Central Region | +0.2% | 0.0% |
| Non-landed – Outside Central Region | +2.2% | +2.3% |
The landed revision is only 0.1 percentage point, so the story did not change: landed homes have now gained in two straight quarters, ahead of non-landed homes. The bigger swing was in prime condos. The Core Central Region, which covers Districts 9, 10 and 11 as well as the Downtown Core and Sentosa, moved from a flash decline of 0.1% to a final gain of 0.3%.
Landed rents are rising too
URA's rental index adds a useful second angle. Rentals of landed properties rose 2.1% in Q3, after a 2.7% increase in Q2. Non-landed rentals rose 1.2%, and overall private residential rentals rose 1.3%. Landed rents have therefore grown faster than non-landed rents for two quarters running, which is relevant to anyone weighing a landed home as a long-term hold rather than only a place to live.
Sales volumes: developers quiet, resales steady
URA's transaction annex shows a market where new launches were thin and resales did the work:
- Developers sold 1,183 private units (excluding ECs) in Q3, down from 2,141 in Q2. They launched 1,140 units, compared with 1,783 in the previous quarter.
- Resales totalled 3,801, almost unchanged from 3,813 in Q2, and made up 73.9% of all sale transactions, up from 62.0%.
- Sub-sales were 162, against 194 in Q2.
- Across Singapore, total private sale transactions came to 5,146 in Q3 (new sale, sub-sale and resale combined), from 6,148 in Q2.
URA's tables are not split into landed and non-landed, so these volume figures cover all private homes. What they do show is that resale buyers, which is where nearly all landed purchases happen, kept transacting at the same pace as the previous quarter even as developer sales roughly halved.
Supply and vacancy: the backdrop
URA stressed that the Government is sustaining a high level of private housing supply. The Confirmed List under the Government Land Sales Programme will bring 4,745 private residential units to launch in the second half of 2026, taking the full-year Confirmed List supply to 9,320 units, which URA says is more than 50% above the annual average over the past 10 years. About 57,200 private housing units are expected to be completed in the coming years.
Completions jumped to 3,559 units (including ECs) in Q3, from 1,212 in Q2, the highest quarterly total since Q3 2024. The vacancy rate of completed private homes (excluding ECs) rose to 7.2% from 6.4%. In the Core Central Region it was 8.4%, in the Rest of Central Region 7.4% and in the Outside Central Region 6.5%.
This supply is overwhelmingly condominium and apartment stock. Landed plots are not released in comparable numbers, which is one reason the landed and non-landed indices can move differently.
What buyers can take from the final numbers
- Treat the index as an average. It blends terraces, semi-detached houses and bungalows in every estate. Land size, tenure and the specific street matter more than the headline.
- Check recent caveats nearby. A quarterly percentage tells you the direction, not what a particular house is worth.
- Budget for stamp duties. If you already own property, ABSD can be a major cost. Our guide to stamp duty on a landed home explains BSD, ABSD and who can buy.
- Heed URA's caution. URA repeated that the macroeconomic outlook, including global and domestic interest rates, "remains highly uncertain", and advised households to be prudent when buying property and taking mortgage loans.
New freehold landed homes remain rare. Aurum Land has two detached bungalows at Anagram Homes, Tan Boon Chong Avenue in District 10, with 1A on sale at a guide price of S$19.8M and 1 available by private enquiry only, after its eight homes at Kheam Hock Road sold out. WhatsApp us for floor plans, prices and private viewings.
This article is for general information only and is not financial or investment advice. Figures are from the sources below as at their publication dates.
Sources
- URA, Release of 3rd Quarter 2026 real estate statistics, 23 October 2026
- URA, Annex D: Number of new sale, sub-sale and resale transactions for private residential units by market segment, 3Q2026
- URA, Release of flash estimate for 3rd Quarter 2026 private residential property price index, 1 October 2026
