- Total of 1,375 transactions recorded in February 2026 (-86.3% MoM).
- Median sale price per square foot: $1,919, up 5.4% from last month.
- Most active district: District 19 (Serangoon Garden, Hougang, Punggol) with 161 sales.
Based on URA REALIS data, the Singapore private residential market recorded 1,375 total transactions in February 2026, down 86.3% from the previous month. Sales volume stood at 1,375 units with a median price of $1,919 per square foot, while the rental market saw 0 leases. For an overview of the buying process, see our TDSR & MSR Explained — Loan Limits for Singapore Property Buyers.
Highest-Value Transactions
The top 5 transactions by total price in February 2026:
| Project | District | Price | PSF | Size (sqft) | Type |
|---|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | D11 | $43,200,000 | $2,737 | 15,783 | Resale |
| LANDED HOUSING DEVELOPMENT | D11 | $43,200,000 | $2,737 | 15,783 | Resale |
| LANDED HOUSING DEVELOPMENT | D11 | $43,200,000 | $2,737 | 15,783 | Resale |
| LANDED HOUSING DEVELOPMENT | D15 | $21,150,000 | $1,593 | 13,279 | Resale |
| LANDED HOUSING DEVELOPMENT | D10 | $21,000,000 | $2,843 | 7,386 | Resale |
Key Figures at a Glance
Sales Market Deep Dive
The private residential sales market recorded 1,375 transactions in February 2026, representing a decrease of 36.6% month-on-month and down 55.0% year-on-year. The median price per square foot was $1,919 (up 5.4% MoM), while the median transaction price stood at $2,048,000.
Transaction Mix: Resale: 1,079 (78.5%) · New Sale: 265 (19.3%) · Sub Sale: 31 (2.3%)
Segment Performance: CCR, RCR & OCR
Performance across Singapore's three market segments shows differentiated pricing and demand patterns. See our CCR, RCR, OCR: Singapore's Market Segments for segment definitions.
| Segment | Sales Vol. | Median PSF | Rentals | Median Rent | Gross Yield |
|---|---|---|---|---|---|
| CCR (Core Central Region) | 242 | $2,415 | 0 | $0 | 0% |
| RCR (Rest of Central Region) | 466 | $2,178 | 0 | $0 | 0% |
| OCR (Outside Central Region) | 667 | $1,598 | 0 | $0 | 0% |
For a deeper comparison, see Top PSF Districts vs Top Yield Districts.
Top Districts by Activity
The most active districts by sales volume in February 2026:
| District | Area | Segment | Transactions | Median PSF |
|---|---|---|---|---|
| District 19 (Serangoon Garden, Hougang, Punggol) | Serangoon Garden, Hougang, Punggol | OCR | 161 | $1,683 |
| District 15 (Katong, Joo Chiat, Amber Road) | Katong, Joo Chiat, Amber Road | RCR | 139 | $2,123 |
| District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) | Pasir Panjang, Hong Leong Garden, Clementi New Town | RCR | 94 | $2,077 |
| District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) | Ardmore, Bukit Timah, Holland Road, Tanglin | CCR | 93 | $2,323 |
| District 18 (Tampines, Pasir Ris) | Tampines, Pasir Ris | OCR | 85 | $1,455 |
Notable Transactions
The highest-value transactions by price per square foot in February 2026:
| Project | District | PSF | Price | Size (sqft) | Type |
|---|---|---|---|---|---|
| PARK NOVA | D10 | $5,161 | $15,000,000 | 2,906 | New Sale |
| BOULEVARD 88 | D10 | $4,181 | $7,425,000 | 1,776 | Resale |
| BOULEVARD 88 | D10 | $3,976 | $7,061,000 | 1,776 | Resale |
| LANDED HOUSING DEVELOPMENT | D15 | $3,871 | $5,750,000 | 1,485 | Resale |
| UNION SQUARE RESIDENCES | D1 | $3,828 | $18,500,000 | 4,833 | New Sale |
| NEWPORT RESIDENCES | D2 | $3,686 | $4,523,000 | 1,227 | New Sale |
| RIVER GREEN | D9 | $3,684 | $2,419,000 | 657 | New Sale |
| NEWPORT RESIDENCES | D2 | $3,654 | $2,596,000 | 710 | New Sale |
| THOMSON GARDEN ESTATE | D20 | $3,651 | $3,230,000 | 885 | Resale |
| SOUTH BEACH RESIDENCES | D7 | $3,643 | $6,980,000 | 1,916 | Resale |
Rental Market Snapshot
The rental market recorded 0 leases in February 2026, down 100.0% month-on-month. The median monthly rent was $0 (down 100.0% MoM).
6-Month Price Trends
Tracking median PSF and rent over the past six months reveals the underlying trend beyond monthly noise.
| Month | Median PSF | Median Rent |
|---|---|---|
| 2025-09 | $1,846 | $4,350 |
| 2025-10 | $2,550 | $4,400 |
| 2025-11 | $1,922 | $4,400 |
| 2025-12 | $1,858 | $4,300 |
| 2026-01 | $1,821 | $4,350 |
| 2026-02 | $1,919 | -- |
Market volatility assessment: Volatile (based on 6-month coefficient of variation of median PSF).
Supply & Demand Signals
Primary vs Secondary Market: New launches accounted for 265 units (19.3% of total), while resales made up 1,079 transactions and 31 sub-sales were recorded.
Unit Size Demand: 5BR+: 230 (16.7%) · 3BR: 475 (34.5%) · 4BR: 210 (15.3%) · 2BR: 253 (18.4%) · 1BR: 152 (11.1%) · Studio: 55 (4%)
Price Distribution: <$500K: 2 · $500K-1M: 88 · $1M-1.5M: 249 · $1.5M-2M: 329 · $2M-3M: 307 · $3M+: 400
Explore our latest Condos with Best Views in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) for featured developments.
Outlook & What to Watch
As 2026 begins, the Singapore property market enters a period of cautious optimism with potential interest rate cuts providing tailwinds for both the sales and rental markets.
Key takeaways for February 2026:
- Prices are trending upward with median PSF rising 5.4% month-on-month.
- Rental rates have eased with median rent down 100.0% MoM.
- The resale market remained the primary source of transactions, indicating steady demand for existing stock.
- The CCR-to-OCR price premium stands at approximately 51%, near historical averages.
Useful resources: How to Check TDSR and MSR Affordability · Moving Averages: Reading Property Price Trends
Bedroom Type Analysis
Prices and rents broken down by unit type help buyers identify value across different bedroom configurations.
| Bedroom | Median Sale Price | Median Rent | Est. Gross Yield |
|---|---|---|---|
| 0 | $885,000 | -- | -- |
| 1 | $1,246,500 | -- | -- |
| 2 | $1,580,000 | -- | -- |
| 3 | $2,050,000 | -- | -- |
| 4 | $3,120,000 | -- | -- |
| 5 | $5,428,000 | -- | -- |
Yields are gross estimates: (monthly rent × 12) / median sale price. Actual net yields vary with maintenance, taxes, and vacancy.
Useful Resources
- How to Check TDSR and MSR Affordability
- How to Compare Mortgage Loan Packages
- How to Evaluate Mortgage Refinancing
- TDSR & MSR Explained — Loan Limits for Singapore Property Buyers
- Freehold vs Leasehold — Detailed Analysis for Singapore Buyers
- Stamp Duty Complete Guide: BSD, ABSD, and SSD
- TDSR and MSR: Singapore's Borrowing Limits
- CCR, RCR, OCR: Singapore's Market Segments
- Lease Decay: How 99-Year Leasehold Values Decline
Official Sources: URA · URA REALIS · MAS · SORA Rates · BSD Rates · ABSD Rates · CPF Housing
Methodology & Sources
This report is compiled from transaction data published by the Urban Redevelopment Authority (URA) via the REALIS system. Median values are used throughout to minimise the impact of outliers from exceptionally high or low transactions. Month-on-month (MoM) and year-on-year (YoY) changes compare like-for-like periods.
Gross rental yield is calculated as (median monthly rent × 12) / median transaction price. Market segment classifications follow URA definitions: CCR (Core Central Region), RCR (Rest of Central Region), and OCR (Outside Central Region). Interest rate references use the Singapore Overnight Rate Average (SORA) published by MAS. Stamp duty rates reference IRAS BSD and ABSD schedules.
Data coverage: 650 condos with sales data and 0 with rental data out of 3429 tracked properties for February 2026.