All posts
URA and HDB price indices, quarter by quarter: a series

Published 26 October 2026

Last updated 30 October 2026

URA's private home index rose 1.4% in Q3 2026, with landed up 2.9% and the OCR up 2.3%

By Realila · URA release of 23 Oct 2026 · Realila index to Q2 2026, provisional

URA's price index for private homes rose 1.4% in the third quarter of 2026, from July to September, after a rise of 0.5% in the second quarter, in URA's release of 23 October 2026. Prices of landed homes rose 2.9% and prices of non-landed homes (condominiums and apartments) rose 1.0%.

What is in this note

What URA reported

IndexQ2 2026Q3 2026
All private homes0.5%1.4%
Landed homes2.5%2.9%
Non-landed homes−0.1%1.0%
Change in URA's price index from the previous quarter, as published in URA's release of 23 October 2026.

Landed homes rose faster than non-landed homes (condominiums and apartments) in both the second and the third quarter of 2026. Prices of landed homes rose 2.5% in the second quarter and 2.9% in the third quarter. Prices of non-landed homes fell 0.1% in the second quarter, then rose 1.0% in the third quarter.

More on this: URA's private home price index in the previous quarter, Q2 2026

Prices by region

RegionQ2 2026Q3 2026
CCR1.8%0.3%
RCR−1.2%0.0%
OCR−0.1%2.3%
Change in URA's price index for non-landed homes (condominiums and apartments), from the previous quarter. CCR: the core central region. RCR: the rest of central region. OCR: the outside central region.

For non-landed homes, prices changed the most in the outside central region (OCR): prices there fell 0.1% in the second quarter and rose 2.3% in the third quarter. In the core central region (CCR), the rise in prices slowed from 1.8% to 0.3%. In the rest of central region (RCR), prices fell 1.2% in the second quarter and were unchanged in the third quarter.

How many homes sold

SalesQ2 2026Q3 2026
New sales by developers2,1411,183
Resales3,8133,801
Sub-sales194162
Private homes sold, as counted in URA's release of 23 October 2026. New sales leave out executive condominiums. A sub-sale is a sale by a buyer who bought from the developer, made before the building is complete.

Developers sold 1,183 new private homes in the third quarter of 2026, down from 2,141 in the second quarter. Resales were almost unchanged, at 3,801 against 3,813, and sub-sales fell from 194 to 162.

URA's index against Realila's

URA's index for non-landed homes (condominiums and apartments) covers every non-landed home sold in each quarter, including homes sold at new launches, and uses a hedonic method. The Realila Same Home Price Index covers condominiums and apartments too, but counts a home only once the home has sold a second time, comparing its price with the home's own earlier sale. Because the two indices are built from different sets of sales with different methods, their figures for the same quarter can differ.

The latest quarter on Realila's published index is the second quarter of 2026, and its figures for that quarter are provisional until 27 December 2026.

RegionURARealila, provisionalPairs
All regions−0.1%0.0%2,683
CCR1.8%−1.8%436
RCR−1.2%0.9%974
OCR−0.1%0.3%1,273
Change from the first to the second quarter of 2026. URA: its non-landed index, as published on 23 October 2026. Realila: the Same Home Price Index, as shown on the Market Snapshot; the second quarter is provisional and can be revised. Pairs: the pairs of sales of the same home behind Realila's figure for the second quarter.

Across all regions, both indices barely moved in the second quarter of 2026: URA's fell 0.1% and Realila's was almost unchanged, at 0.0%. By region they differed. In the core central region (CCR), the two indices moved in opposite directions: URA's index rose 1.8% and Realila's fell 1.8%. In the rest of central region (RCR), URA's index fell 1.2% and Realila's rose 0.9%. In the outside central region (OCR), URA's fell 0.1% and Realila's rose 0.3%.

Realila's CCR figure rests on the fewest pairs of sales of the same home, 436, against 974 in the RCR and 1,273 in the OCR.

Realila's latest reading, with each later quarter as it is added, is on the Market Snapshot. A quarter is added there 30 days after it ends, and stays provisional until 180 days after it ends.

What this tells you

URA's price index for private homes rose 1.4% in the third quarter of 2026, after 0.5% in the second quarter. Landed homes rose 2.9%, and among non-landed homes (condominiums and apartments), prices rose 2.3% in the outside central region (OCR), rose 0.3% in the core central region (CCR) and were unchanged in the rest of central region (RCR). Developers sold 1,183 new homes, against 2,141 in the second quarter, while resales were almost unchanged at 3,801.

URA's index and Realila's Same Home Price Index both showed prices barely moving overall in the second quarter of 2026. By region they differed, most in the CCR, where URA's index rose and Realila's fell.

What this does not tell you

  • What a particular home is worth. An index follows prices across many sales; a home's own price depends on its project, size, floor and condition.
  • Why prices moved. URA's release reports the changes, not their causes, and this note does not measure them.
  • Realila's figures for the third quarter of 2026. Realila's index adds a quarter 30 days after it ends, so the third quarter is not yet on it.
  • Final figures for Realila's second quarter. They are provisional until 27 December 2026 and can be revised as late sales are recorded.
  • Executive condominiums. URA's count of new sales leaves them out, and Realila's index does not include them.
Method and data notes

URA figures. URA, "Release of 3rd Quarter 2026 Real Estate Statistics", 23 October 2026, ura.gov.sg. Every change is URA's own, from the previous quarter, as published; the release also gives the second quarter's figures compared here. These are URA's figures for the quarter, not its earlier flash estimate.

Realila figures. The Realila Same Home Price Index for condominiums and apartments, as published on the Market Snapshot when this note was prepared. Each change is the index for the second quarter of 2026 against the index for the first quarter. The first quarter is final; the second is provisional. Each region's pairs are the pairs of sales of the same home behind its second-quarter figure.

More on this: how Realila's Same Home Price Index is built

More on this: what a same home price index is, and how it differs from URA's index

30 October 2026. This note placed homes in market segments by postal district. URA places them by planning area, which moves about one in seven private sales between regions. The figures by region here use the earlier segments and differ from what the same records give now. How regions are set: How we measure prices and sales.

Market Snapshot: Private Condos and Apartments

From a year earlier

+0.7%

Last 90 days to 18 Oct 2026

See the Market Snapshot

More from Realila

Every number in this post comes from Realila Research, dated to when it was true. For now we publish research notes from the platform to answer the community's questions; the platform itself opens to the public later.

Join the waitlist

Leave your email and we will tell you when the research platform opens.

See all posts on the Realila Feed

Ask for a research note

A question about the market, or data you would like to see.

We read every request. We cannot write a note on every one, but the ones we do write will appear on the Feed, and we will email you if yours does.