---
title: "In the first quarter of this year, private residential prices rose by 0.9% month-on-month, exceeding expectations | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283915448.md"
description: "In the first quarter, private residential prices in Singapore rose by 0.9% quarter-on-quarter, exceeding the estimated 0.3%. Overall, non-landed private residential prices increased by 1.3%, while prices for mass market private homes grew by 2.2%. Prices for other central region private homes rose by 0.8%, and prices for core central region private homes increased by 0.6%. Landed property prices slightly fell by 0.4%. The Urban Redevelopment Authority expects 55,800 units to be completed in the coming years and reminds homebuyers to remain cautious in the uncertain macroeconomic environment"
datetime: "2026-04-24T01:22:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283915448.md)
  - [en](https://longbridge.com/en/news/283915448.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283915448.md)
---

# In the first quarter of this year, private residential prices rose by 0.9% month-on-month, exceeding expectations | Lianhe Zaobao

Private residential prices in Singapore have risen again, with a 0.9% quarter-on-quarter increase in the first quarter of this year, and rents slightly up by 0.3%.

According to the private residential price index report released by the Urban Redevelopment Authority on Friday (April 24), the quarter-on-quarter increase in private residential prices for the first quarter was higher than the 0.6% quarter-on-quarter increase in the fourth quarter of last year. This also exceeded the estimated increase of 0.3% announced in early April.

Overall, non-landed private residential prices rebounded by 1.3% in the first quarter, an improvement over the previous quarter's decline of 0.2%.

The largest increase continues to be in the popular mass-market private residential segment. The report shows that prices for these private residences located outside the central region (OCR) grew by 2.2%, higher than the previous quarter's increase of 1%.

Prices for other central region (RCR) private residences, representing mid-range private homes, rose by 0.8%, similar to the previous quarter's increase of 0.7%. Prices for core central region (CCR) private residences, representing high-end homes, increased by 0.6% in the first quarter, reversing the previous quarter's decline of 3.5%.

In the landed property segment, prices fell slightly by 0.4% in the first quarter, contrasting with the previous quarter's increase of 3.4%.

The Urban Redevelopment Authority stated that the supply of private residential units is good, with an expected 55,800 units, including executive condominiums, to be completed in the coming years.

The authority reminded that uncertainties in the macroeconomic outlook have increased, and individuals should continue to exercise caution when purchasing real estate and taking out loans

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