What is Singapore's private property vacancy rate?

Singapore's private residential vacancy rate is 6.3% as of Q2 2026, according to the Urban Redevelopment Authority (URA). This represents approximately 26,961 vacant units out of 424,581 total private residential units. The vacancy rate rose by 0.2 percentage points quarter-on-quarter. Year-on-year, it is 0.8 percentage points lower. A vacancy rate below 5–6% is generally considered tight; above 8% suggests meaningful oversupply. Source: URA, via PropKaki's Singapore Private Residential Market Tracker.

Vacancy at a glance

Source: Urban Redevelopment Authority (URA) quarterly Real Estate Statistics. Vacant units are estimated by PropKaki as vacancy rate × total stock.

What the vacancy rate tells you

The vacancy rate measures the share of completed private residential units that are unoccupied. It is a lagging indicator of rental demand: when vacancy rises, rental prices typically soften over subsequent quarters as landlords compete for tenants. When vacancy falls, rental prices tend to firm.

Singapore's private residential vacancy rate has historically ranged from around 4% (tight, rental market favouring landlords) to over 9% (loose, tenant-friendly). The current reading is best interpreted against the historical range — not as an absolute number. PropKaki's Private Residential Tracker judges the current vacancy reading against its own 20-year historical range and publishes a directional verdict.