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Market Update9 January 2026

Private Condo Prices in Singapore 2026: What the URA Transaction Data Shows by District

URA transaction data shows where private condo prices are rising, holding, and softening across Singapore's districts in 2026. Here is what the numbers actually mean for buyers and sellers.

Private condo prices in Singapore do not move as one market. They move as dozens of sub-markets, each shaped by supply, location, project age, and buyer demand. Understanding what is happening at the district level gives you a much sharper picture than any headline index.

Here is what the URA transaction data is showing across the three regions in 2026.

CCR: Core Central Region

The Core Central Region covers Districts 9, 10, and 11, along with the Downtown Core and Sentosa. This is Singapore's most expensive residential zone.

Prices here have been softer since the 2023 ABSD hike on foreigners (60% ABSD), which removed a significant chunk of demand. Transactions have been thinner, and some projects have seen modest price softening on resale units.

However, new launches in the CCR that are positioned for local upgraders and institutional buyers have held up relatively well. Projects near MRT stations and in established addresses like Nassim, Ardmore, and River Valley continue to command a premium.

For buyers: the CCR currently offers more room to negotiate on resale than it has in recent years. For sellers: realistic pricing matters more than ever.

RCR: Rest of Central Region

The Rest of Central Region covers areas like Queenstown, Tanjong Pagar, Tiong Bahru, Novena, Potong Pasir, and Geylang. This is where demand has been most consistent.

RCR prices have remained relatively firm. The region benefits from its connectivity, its mix of HDB upgraders and professionals, and the fact that new supply has been more measured than in OCR.

Districts like 3, 4, and 5 have seen steady demand particularly from upgraders moving out of mature HDB estates nearby. PSF levels in RCR new launches have been pushing above $2,500 in many projects.

OCR: Outside Central Region

The Outside Central Region covers the suburban areas: Sengkang, Punggol, Tampines, Jurong, Woodlands, Yishun, and Pasir Ris. This is where the bulk of transactions happen, driven by HDB upgraders.

OCR prices saw strong growth through 2022 and 2023. In 2025 and into 2026, growth has moderated. Completed OCR condos are transacting at tighter margins compared to the launch prices from a few years ago. Some mass-market projects completed in 2023 to 2024 are seeing resale units trade close to or just above their original launch price.

New launches in the OCR continue to sell, but buyers are more selective. Projects with good schools, direct MRT access, and efficient layouts are holding value better than those without.

What This Means

If you are a buyer, 2026 is a year where selectivity pays off more than speed. The data shows divergence rather than a uniform market, meaning a poorly located unit in the wrong district will not benefit from price tailwinds the way a well-positioned unit might.

If you are a seller, pricing against recent comparable transactions in your specific project, not the district average, is essential. Buyers are doing the research.

Frequently Asked Questions

Which Singapore district has the highest condo PSF in 2026?

Districts 9, 10, and 11 in the CCR typically command the highest PSF, with premium projects in Nassim, Ardmore, and River Valley transacting well above $3,000 PSF. Specific project pricing varies significantly.

Are private condo prices falling in Singapore in 2026?

Not uniformly. The CCR has seen softer conditions due to lower foreign buyer demand after the 2023 ABSD hike. The RCR has been more stable. The OCR has seen price growth moderate after strong gains in 2022 to 2023. It is a diverged market, not a falling one.

How do I find actual URA transaction data?

URA publishes transaction data on their website under the Real Estate Information System (REALIS). You can search by district, project, or date range to see actual caveat lodgements. A property consultant can also pull and interpret this data for specific projects you are evaluating.

Does district matter more than project age for resale condo pricing?

Both matter, but in different ways. District affects underlying land value and demand drivers. Project age affects condition, facilities, and remaining lease (for 99-year projects). In the OCR especially, project age and remaining lease are increasingly relevant as older condos approach the 30-year mark.

Should I buy a condo in the CCR now while foreign demand is lower?

That depends on your budget and purpose. If you are buying for own occupation and have the financial capacity, the relative softness in the CCR does present entry opportunities compared to 2021 and 2022. If you are buying for rental or resale to foreigners, the picture is more nuanced and worth discussing based on your specific budget.

Want to Know What the Numbers Look Like for a Specific Project?

Transaction data tells you what the market has done. A proper analysis tells you what it means for your decision.

If you are evaluating a specific condo purchase or considering selling, a session with Serene will give you the recent comparable data and a clear view of how to position your move.

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