Are private home prices in Singapore rising?
URA's private residential price index has tracked Singapore private home prices since 1975 — but the overall headline masks significant segment divergence. PropKaki breaks it down: non-landed by region (CCR, RCR, OCR) and the landed segment separately, so you can see which part of the market is driving the move.
As of Q1 2026, the overall URA private residential price index stands at 218.3 — up 0.9% quarter-on-quarter and up 3.4% year-on-year, and up 34.6% over the past five years. PropKaki's segment breakdown shows the headline masks divergence: the OCR (Outside Central Region) non-landed index is up 2.2% QoQ and up 5.2% YoY, the CCR (Core Central Region) is up 0.6% QoQ, and the landed index is down 0.4% QoQ — making OCR the strongest mover this quarter. Source: URA property transaction caveats via data.gov.sg, tracked by PropKaki's Singapore Private Residential Tracker.
Latest reading — overall index
| Measure | Value |
|---|---|
| URA price index (all private), Q1 2026 | 218.3 |
| Quarter-on-quarter change | +0.9% |
| Year-on-year change | +3.4% |
| Five-year change | +34.6% |
| Rental index (non-landed), Q1 2026 | 161.9 (+2.2% YoY) |
Segment breakdown — PropKaki analysis
The headline index combines all private residential transactions. PropKaki breaks it into four segments using the same official URA data: non-landed by planning region (CCR, RCR, OCR) and the landed index separately. When CCR and OCR diverge, it typically signals a rotation in buyer demand between luxury and mass-market segments.
| Segment | Index, Q1 2026 | QoQ | YoY |
|---|---|---|---|
| Non-landed — CCR (Core Central) | 158.6 | +0.6% | +1.7% |
| Non-landed — RCR (Rest of Central) | 228.9 | +0.8% | +0.7% |
| Non-landed — OCR (Outside Central) | 271.4 | +2.2% | +5.2% |
| Landed (all types) | 252.1 | −0.4% | +6.7% |
4-quarter trend — all segments
| Quarter | All private | CCR | RCR | OCR | Landed |
|---|---|---|---|---|---|
| Q2 2025 | 213.2 | 160.7 | 224.8 | 260.9 | 241.4 |
| Q3 2025 | 215.1 | 163.4 | 225.5 | 263.0 | 244.8 |
| Q4 2025 | 216.4 | 157.7 | 227.1 | 265.6 | 253.1 |
| Q1 2026 | 218.3 | 158.6 | 228.9 | 271.4 | 252.1 |
Source: URA property transaction caveats via data.gov.sg, as tracked by PropKaki Intelligence.
How to read one quarter's move
A single quarter can be noisy — launch timing and the mix of projects transacting both move the headline. The year-on-year figure smooths most of that out, and the five-year change shows the cycle. When CCR and OCR diverge, it often signals a rotation in buyer demand between luxury and mass-market segments. A rising landed index with flat non-landed — or vice versa — points to supply constraints or demand drivers specific to one sub-market.
Full price, rental, vacancy, supply and sales data with interactive charts: the Singapore Private Residential Tracker. Long-run CCR vs RCR vs OCR comparison: the Market Segments Tracker. Landed separately: Are landed property prices rising?