ShiokNest Monthly Market Report — January 2026

Market Report Updated
Key Takeaways
  • Total of 10,003 transactions recorded in January 2026 (+14.5% MoM).
  • Median sale price per square foot: $1,821, down 2.0% from last month.
  • Median monthly rent: $4,350 (+1.2% MoM).
  • Most active district: District 17 (Loyang, Changi) with 523 sales.
  • Highest gross yield: 2.77% in the CCR segment.

Based on URA REALIS data, the Singapore private residential market recorded 10,003 total transactions in January 2026, up 14.5% from the previous month. Sales volume stood at 2,169 units with a median price of $1,821 per square foot, while the rental market saw 7,834 leases at a median rent of $4,350/month. For an overview of the buying process, see our En-Bloc and Collective Sale: Complete Guide for Condo Owners.

Highest-Value Transactions

The top 5 transactions by total price in January 2026:

ProjectDistrictPricePSFSize (sqft)Type
THE MARQ ON PATERSON HILLD9$37,000,000$5,9376,232Resale
GALLOP VILLASD10$31,500,000$2,06515,257Resale
LANDED HOUSING DEVELOPMENTD10$26,600,000$1,83614,490Resale
SEVEN PALMS SENTOSA COVED4$23,892,159$2,7178,794Resale
LANDED HOUSING DEVELOPMENTD4$17,800,000$2,1248,379Resale

Key Figures at a Glance

2,169
Sales Transactions
↑ 42.1% MoM
$1,821
Median PSF
↓ 2.0% MoM
$1,847,000
Median Transaction Price
7,834
Rental Leases
↑ 8.7% MoM
$4,350
Median Rent
↑ 1.2% MoM
2.77%
Best Gross Yield (CCR)

Sales Market Deep Dive

The private residential sales market recorded 2,169 transactions in January 2026, representing an increase of 42.1% month-on-month and down 9.5% year-on-year. The median price per square foot was $1,821 (down 2.0% MoM), while the median transaction price stood at $1,847,000.

Transaction Mix: Resale: 1,104 (50.9%) · New Sale: 1,016 (46.8%) · Sub Sale: 49 (2.3%)

Segment Performance: CCR, RCR & OCR

Performance across Singapore's three market segments shows differentiated pricing and demand patterns.

SegmentSales Vol.Median PSFRentalsMedian RentGross Yield
CCR (Core Central Region)321$2,8762,295$5,6002.77%
RCR (Rest of Central Region)512$2,1672,518$4,4882.15%
OCR (Outside Central Region)1,336$1,7753,021$3,9002.69%

For a deeper comparison, see Developer Track Record — Which Developers Deliver the Best Returns?.

Top Districts by Activity

The most active districts by sales volume in January 2026:

DistrictAreaSegmentTransactionsMedian PSF
District 17 (Loyang, Changi)Loyang, ChangiOCR523$1,787
District 19 (Serangoon Garden, Hougang, Punggol)Serangoon Garden, Hougang, PunggolOCR199$1,649
District 23 (Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang)Hillview, Dairy Farm, Bukit Panjang, Choa Chu KangOCR188$2,077
District 15 (Katong, Joo Chiat, Amber Road)Katong, Joo Chiat, Amber RoadRCR158$2,457
District 2 (Anson, Tanjong Pagar)Anson, Tanjong PagarCCR140$3,068

Notable Transactions

The highest-value transactions by price per square foot in January 2026:

ProjectDistrictPSFPriceSize (sqft)Type
THE MARQ ON PATERSON HILLD9$5,937$37,000,0006,232Resale
LANDED HOUSING DEVELOPMENTD9$4,715$11,399,0002,418Resale
NEWPORT RESIDENCESD2$4,185$8,650,0002,067New Sale
HENRY PARKD10$3,855$16,000,0004,151Resale
PAYA LEBAR GARDENSD19$3,754$4,800,0001,279New Sale
KING'S GARDEND10$3,672$16,650,0004,534Resale
LANDED HOUSING DEVELOPMENTD11$3,660$14,500,0003,962New Sale
LANDED HOUSING DEVELOPMENTD11$3,660$14,500,0003,962New Sale
LANDED HOUSING DEVELOPMENTD11$3,660$14,500,0003,962New Sale
NEWPORT RESIDENCESD2$3,656$2,597,000710New Sale

Rental Market Snapshot

The rental market recorded 7,834 leases in January 2026, up 8.7% month-on-month. The median monthly rent was $4,350 (up 1.2% MoM).

Median Rent by Bedroom Type:

TypeMedian Rent
1BR$3,300
2BR$4,100
3BR$5,350
4BR$8,300
5BR$9,500
6BR$3,400
NA$5,300

Most Active Rental Projects:

ProjectLeases
LANDED HOUSING DEVELOPMENT167
NON-LANDED HOUSING DEVELOPMENT135
NORMANTON PARK121
MARINA ONE RESIDENCES58
ONE BERNAM47

Planning to rent? Check out our How to Project Rental Property Cash Flow.

6-Month Price Trends

Tracking median PSF and rent over the past six months reveals the underlying trend beyond monthly noise.

MonthMedian PSFMedian Rent
2025-08$2,138$4,500
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

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 1,016 units (46.8% of total), while resales made up 1,104 transactions and 49 sub-sales were recorded.

Unit Size Demand: 5BR+: 232 (10.7%) · 4BR: 212 (9.8%) · 3BR: 830 (38.3%) · 1BR: 243 (11.2%) · Studio: 117 (5.4%) · 2BR: 535 (24.7%)

Price Distribution: $500K-1M: 115 · $1M-1.5M: 385 · $1.5M-2M: 755 · $2M-3M: 513 · $3M+: 401

Explore our latest Condos with Best Views in District 14 (Geylang, Eunos) 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 January 2026:

  • Prices have softened with median PSF falling 2.0% month-on-month.
  • Rents are holding firm with median rent up 1.2% 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 62%, 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.

BedroomMedian Sale PriceMedian RentEst. Gross Yield
0$1,020,000----
1$1,305,000----
1BR--$3,300/mo--
2$1,643,000----
2BR--$4,100/mo--
3$1,895,500----
3BR--$5,350/mo--
4$3,060,000----
4BR--$8,300/mo--
5$5,389,000----
5BR--$9,500/mo--
6BR--$3,400/mo--
NA--$5,300/mo--

Yields are gross estimates: (monthly rent × 12) / median sale price. Actual net yields vary with maintenance, taxes, and vacancy.

Useful Resources

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: 687 condos with sales data and 1702 with rental data out of 3429 tracked properties for January 2026.