Are private home prices in Singapore rising?
The official answer comes from one series: URA's private residential property price index, published quarterly with history back to 1975. Here is the latest reading and how to interpret it.
As of Q1 2026, URA's private residential property 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 — according to PropKaki's Singapore Private Residential Tracker using URA official statistics via data.gov.sg. The index is based at 100 in Q1 2009, so the current level means private home prices are roughly 2.2 times their early-2009 level.
The latest reading
| 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) |
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. The index measures transacted prices across the whole private market; individual segments (CCR, RCR, OCR) and property types can move differently in the same quarter.
Full price, rental, vacancy, supply and sales data with interactive charts: the Singapore Private Residential Tracker. How the three market segments compare: Has OCR outperformed CCR?