Andrea Goh Realty
Official indices · URA · JTC · HDB (data.gov.sg)
Quarterly Market Pulse

Where each sector stood — Q2 2026

The official price and rental indices, quarter on quarter and year on year. Past-tense facts from sanctioned data — the forward read is the conversation to have, never a forecast.

Q2 2026

Private Residential — Non-Landed

Non-landed price index (Q2 2026)
210.6
QoQ -0.1% · YoY +1.8%
CCR (prime) (Q2 2026)
161.5
QoQ +1.8% · YoY +0.5%
RCR (city fringe) (Q2 2026)
226.2
QoQ -1.2% · YoY +0.6%
OCR (suburban) (Q2 2026)
271.1
QoQ -0.1% · YoY +3.9%
Rental index — OCR (Q2 2026)
169.0
QoQ -0.3% · YoY +1.2%

The non-landed price index sat at 210.6 in Q2 2026 (-0.1% QoQ, +1.8% YoY). CCR 161.5 vs OCR 271.1 — the mass-market and prime gap is doing what?

Non-landed private residential price index — full history

1975198019851990199520002005201020152020202521110

Q1 1975: 10.5 → Q2 2026: 210.6 — 20.1× over 206 quarters.

Marked on the chart: 1985 recession · 1997 Asian Financial Crisis · 2003 SARS · 2008 Global Financial Crisis · 2009 recovery + early cooling rounds · Dec 2011 ABSD introduced · Jun 2013 TDSR framework · 2018 ABSD hike · 2020 COVID-19 · Dec 2021 cooling measures · Apr 2023 ABSD 60% (foreigners).

Year-by-year table (1975–2026)
YearIndex (last quarter reported)
197511.5
197611.5
197711.5
197812.1
197915.8
198031.0
198140.0
198239.6
198339.6
198433.1
198528.5
198626.5
198731.4
198834.4
198939.4
199041.8
199147.7
199256.3
199368.5
199492.3
1995105.5
1996118.8
1997102.9
199871.2
199995.1
200094.2
200182.7
200281.3
200379.9
200480.8
200584.4
200693.8
2007124.4
2008117.8
2009118.4
2010135.0
2011141.2
2012144.8
2013147.6
2014142.5
2015137.4
2016133.8
2017135.6
2018146.8
2019149.6
2020153.3
2021168.4
2022182.1
2023194.2
2024203.4
2025208.1
2026210.6

Source: URA Private Residential Property Price Index via data.gov.sg. Historical index, past-tense only — not a forecast. Base: 2009-Q1 = 100.

Q2 2026

Landed

Landed price index (Q2 2026)
258.4
QoQ +2.5% · YoY +7.0%

Landed prices printed 258.4 in Q2 2026 (+2.5% QoQ, +7.0% YoY). For district-level land $psf + redevelopment activity, run landed_brief.py.

Landed private residential price index — full history

197519801985199019952000200520102015202020252587

Q1 1975: 7.4 → Q2 2026: 258.4 — 34.9× over 206 quarters.

Marked on the chart: 1985 recession · 1997 Asian Financial Crisis · 2003 SARS · 2008 Global Financial Crisis · 2009 recovery + early cooling rounds · Dec 2011 ABSD introduced · Jun 2013 TDSR framework · 2018 ABSD hike · 2020 COVID-19 · Dec 2021 cooling measures · Apr 2023 ABSD 60% (foreigners).

Year-by-year table (1975–2026)
YearIndex (last quarter reported)
19757.9
19768.0
19777.6
19787.9
197910.6
198018.7
198126.4
198230.6
198335.5
198433.4
198528.1
198629.6
198732.6
198834.0
198937.4
199039.0
199148.1
199254.7
199384.5
1994126.7
1995135.1
1996131.7
1997116.8
199872.8
199998.8
200097.2
200187.0
200285.1
200383.1
200483.6
200585.6
200691.3
2007112.7
2008110.1
2009118.6
2010155.1
2011171.0
2012177.0
2013177.1
2014167.6
2015160.8
2016153.6
2017152.9
2018162.6
2019171.8
2020173.8
2021197.0
2022216.0
2023233.2
2024235.3
2025253.1
2026258.4

Source: URA Private Residential Property Price Index via data.gov.sg. Historical index, past-tense only — not a forecast. Base: 2009-Q1 = 100.

Q2 2026

HDB Resale

HDB resale price index (Q2 2026)
202.8
QoQ -0.3% · YoY -0.0%

The HDB resale index reached 202.8 in Q2 2026 (-0.3% QoQ, -0.0% YoY) — how does that shift the upgrader's sell-now-or-wait maths?

HDB resale price index — full history

1990199520002005201020152020202520424

Q1 1990: 24.3 → Q2 2026: 202.8 — 8.3× over 146 quarters.

Marked on the chart: 1997 Asian Financial Crisis · 2003 SARS · 2008 Global Financial Crisis · 2009 recovery + early cooling rounds · Dec 2011 ABSD introduced · Jun 2013 TDSR framework · 2018 ABSD hike · 2020 COVID-19 · Dec 2021 cooling measures · Apr 2023 ABSD 60% (foreigners).

Year-by-year table (1990–2026)
YearIndex (last quarter reported)
199024.7
199125.1
199228.6
199349.0
199454.8
199573.7
199699.0
199788.0
199872.3
199979.8
200075.8
200169.6
200269.9
200375.1
200477.1
200573.5
200674.9
200788.0
2008100.8
2009109.0
2010124.4
2011137.7
2012146.7
2013145.8
2014137.0
2015134.8
2016134.6
2017132.6
2018131.4
2019131.5
2020138.1
2021155.7
2022171.9
2023180.4
2024197.9
2025203.6
2026202.8

Source: HDB Resale Price Index via data.gov.sg. Historical index, past-tense only — not a forecast. Base: 2009-Q1 = 100.

Q2 2026

Commercial — Office · Retail · Shophouse

Office price index (Q2 2026)
111.3
QoQ +0.4% · YoY -0.4%
Retail price index (Q2 2026)
104.4
QoQ +0.8% · YoY +4.0%
Office rental index (Q2 2026)
201.8
QoQ +0.8% · YoY +0.9%
Retail rental index (Q2 2026)
80.6
QoQ +0.6% · YoY +1.5%

Office price index 111.3 (-0.4% YoY), retail 104.4 (+4.0% YoY). Conserved-shophouse value-add stayed live — 31 restoration/rebuild permits in Q2 2026, 353 over the trailing 24 months.

Office price index — full history

201520202025144110

Q1 2011: 114.8 → Q2 2026: 111.3 — 1.0× over 62 quarters.

Marked on the chart: Dec 2011 ABSD introduced · Jun 2013 TDSR framework · 2018 ABSD hike · 2020 COVID-19 · Dec 2021 cooling measures · Apr 2023 ABSD 60% (foreigners).

Year-by-year table (2011–2026)
YearIndex (last quarter reported)
2011124.5
2012126.2
2013132.8
2014138.8
2015138.6
2016134.7
2017131.4
2018138.9
2019138.1
2020123.3
2021116.1
2022116.0
2023111.1
2024113.1
2025110.7
2026111.3

Source: URA commercial price index via data.gov.sg. Historical index, past-tense only — not a forecast. Base: 1998-Q4 = 100.

Retail price index — full history

20152020202513195

Q1 2011: 116.5 → Q2 2026: 104.4 — 0.9× over 62 quarters.

Marked on the chart: Dec 2011 ABSD introduced · Jun 2013 TDSR framework · 2018 ABSD hike · 2020 COVID-19 · Dec 2021 cooling measures · Apr 2023 ABSD 60% (foreigners).

Year-by-year table (2011–2026)
YearIndex (last quarter reported)
2011121.4
2012123.8
2013129.5
2014130.7
2015129.6
2016122.6
2017111.8
2018112.5
2019114.0
2020108.9
2021104.3
202296.2
202397.4
202498.4
2025101.4
2026104.4

Source: URA commercial price index via data.gov.sg. Historical index, past-tense only — not a forecast. Base: 1998-Q4 = 100.

Q2 2026

Industrial

All-industrial price index (Q2 2026)
113.8
QoQ +0.6% · YoY +3.8%
All-industrial rental index (Q2 2026)
113.8
QoQ +0.5% · YoY +2.1%

All-industrial prices were 113.8 in Q2 2026 (+0.6% QoQ, +3.8% YoY); rents 113.8 (+2.1% YoY).

All-industrial price index — full history

1975198019851990199520002005201020152020202511412

Q1 1975: 12.7 → Q2 2026: 113.8 — 9.0× over 205 quarters.

Marked on the chart: 1985 recession · 1997 Asian Financial Crisis · 2003 SARS · 2008 Global Financial Crisis · 2009 recovery + early cooling rounds · Dec 2011 ABSD introduced · Jun 2013 TDSR framework · 2018 ABSD hike · 2020 COVID-19 · Dec 2021 cooling measures · Apr 2023 ABSD 60% (foreigners).

Year-by-year table (1975–2026)
YearIndex (last quarter reported)
197512.2
197612.5
197714.3
197813.6
197915.5
198027.7
198144.5
198238.7
198332.7
198427.7
198520.1
198617.8
198718.6
198819.8
198927.8
199034.6
199136.7
199242.1
199343.4
199457.1
199575.7
199684.1
199780.2
199854.9
199952.1
200061.2
200155.3
200247.2
200342.8
200443.3
200544.4
200647.4
200758.2
200859.0
200950.5
201062.5
201179.5
2012100.0
2013103.2
2014106.8
2015105.0
201695.4
201790.0
201890.0
201989.7
202087.3
202191.1
202297.9
2023102.9
2024106.5
2025111.8
2026113.8

Source: JTC industrial price index via data.gov.sg. Historical index, past-tense only — not a forecast. Base: 2012-Q4 = 100.

All-industrial rental index — full history

1990199520002005201020152020202511452

Q1 1990: 62.3 → Q2 2026: 113.8 — 1.8× over 146 quarters.

Marked on the chart: 1997 Asian Financial Crisis · 2003 SARS · 2008 Global Financial Crisis · 2009 recovery + early cooling rounds · Dec 2011 ABSD introduced · Jun 2013 TDSR framework · 2018 ABSD hike · 2020 COVID-19 · Dec 2021 cooling measures · Apr 2023 ABSD 60% (foreigners).

Year-by-year table (1990–2026)
YearIndex (last quarter reported)
199081.3
199187.8
199295.2
199396.5
199495.3
1995107.8
1996103.5
199798.3
199875.2
199963.9
200063.7
200161.4
200256.9
200352.2
200453.0
200555.8
200658.2
200776.7
200880.0
200969.3
201078.6
201190.8
2012100.0
2013105.0
2014102.8
2015100.6
201693.8
201791.2
201890.9
201991.0
202089.6
202191.4
202297.7
2023106.4
2024110.1
2025112.7
2026113.8

Source: JTC industrial rental index via data.gov.sg. Historical index, past-tense only — not a forecast. Base: 2012-Q4 = 100.

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Source: URA / JTC / HDB quarterly indices via data.gov.sg (keyless, official). Index values are aggregate market benchmarks, not a valuation of any property — for a specific unit, use the transacted-comp CMA. Figures are past-tense and for general information; not advice, an offer, or a price forecast. Andrea Goh · PropNex Realty Pte Ltd (Licence No. L3008022J) · CEA R000289H · 9693 7787.