GLOPRAGlobal Property Radar

Singapore rents rise 1.3% in Q3 2026 as vacancy climbs to 7.2%

Singapore's private residential rental index rose 1.3% in the third quarter of 2026, after 0.7% in the second, while the vacancy rate climbed to 7.2%.

The facts

  • The private residential rental index moved +1.3% in the third quarter of 2026, after +0.7% in the second quarter.
  • Among non-landed homes, rents rose 3.1% outside the central region, gained 1.5% in the rest of the central region and fell 0.3% in the core central region.
  • The private residential price index rose 1.4% in the quarter after 0.5% in the second, led by landed homes at 2.9%; among non-landed homes prices rose 2.3% outside the central region and 0.3% in the core central region, and held unchanged in the rest of the central region.
  • The vacancy rate of completed private residential units excluding executive condominiums reached 7.2% at the end of September, from 6.4% three months earlier.
  • Developers launched 1,140 units and sold 1,183 in the quarter, both figures excluding executive condominiums, against 1,783 launched and 2,141 sold in the previous quarter.
  • Unsold stock stood at 20,300 units with planning approval plus 12,508 that have not yet been granted it, and the release puts about 32,800 units as possibly available for sale within one to two years.

What it means for your money

  • Prices rose 1.4% against rents at 1.3%, so a purchase made now yields a little less. Vacancy at 7.2% raises the risk of empty months.
  • Glopra's Singapore figures put the gross rental yield at 2.8% on prime non-landed homes, and a foreign buyer pays a 60% additional buyer's stamp duty on top of the price.
  • Within the non-landed segment, both legs moved outside the central region: rents up 3.1%, prices up 2.3%. The quarter's largest price gain sits outside that segment, where landed homes rose 2.9% with no regional split published.
  • In the core central region the non-landed numbers run the other way for an owner already letting there: prices up 0.3%, rents down 0.3%, and the highest regional vacancy rate at 8.4%.

What to watch

  • Prices rose by an average of 0.9% per quarter across the first three quarters of 2026, the only multi-quarter figure in the release; no year-on-year change is published.
  • Vacancy is the figure to track against rents: the core central region already pairs the highest regional rate, 8.4%, with the quarter's only non-landed rent decline.

Sources: Urban Redevelopment Authority https://www.ura.gov.sg/news/media/pr26-73/; Urban Redevelopment Authority https://isomer-user-content.by.gov.sg/467/3857c910-287a-4297-8c40-3f503cbb8202/pr26-73a2.pdf

Market data: Singapore