Is 2026 a Good Time to Sell Your Condo in Singapore?

Key takeaways

• Overall private residential prices rose 0.5% quarter on quarter in 2Q 2026.
• Non-landed private residential prices fell 0.1%.
• Non-landed prices rose 1.8% in the CCR, fell 1.2% in the RCR and fell 0.1% in the OCR.
• URA recorded 3,813 private residential resale transactions, up from 3,225 in 1Q 2026.
• Business Times and EdgeProp reported that the NUS/IREUS survey’s current net balance for suburban residential property fell from positive 15% to negative 14% in 2Q 2026.
• The survey measures industry sentiment. It does not show that every suburban condominium is losing value or that a particular unit should be sold.
• Sellers should review project-level transactions, competing listings, buyer affordability, unit presentation, estimated proceeds and their next move before deciding.

Background

Singapore’s condominium market consists of many submarkets. Results can differ by district, project age, tenure, unit type, floor, facing, layout, condition and buyer profile. Even within one development, two units may attract different responses because buyers assess their usable space, renovation needs, view and asking-price position differently.

URA’s quarterly statistics provide broad evidence about prices, transaction activity and supply. Industry-sentiment surveys provide another perspective by recording how market participants view current and future conditions. Neither source replaces project-specific comparable evidence or a professional valuation where one is required.

Latest update

URA released its final 2Q 2026 real-estate statistics on 24 July 2026. It reported that overall private residential prices increased by 0.5% from the previous quarter. Landed prices rose 2.5%, while non-landed prices declined 0.1%.

The regional non-landed results were mixed. Prices increased 1.8% in the CCR, decreased 1.2% in the RCR and decreased 0.1% in the OCR. URA also recorded 3,813 resale transactions, compared with 3,225 in 1Q 2026. Resales represented 62.0% of all sale transactions during the quarter.

On 24 September, Business Times and EdgeProp reported findings from NUS/IREUS’s 2Q 2026 Real Estate Sentiment Index survey. The overall Composite Sentiment Index reportedly rose from 4.9 in 1Q to 5.6 in 2Q. However, the reported current net balance for suburban residential property moved from positive 15% to negative 14%, while its future net balance was negative 5%.

The net balance represents the difference between the proportion of survey respondents expressing positive and negative sentiment. It should therefore be read as an industry-opinion indicator, not as a measure of completed prices, transaction volumes or the likely result for a particular property.

There is no separate effective date because the survey does not introduce a rule or policy. It reflects views collected for 2Q 2026 and was released on 24 September.

Who is affected

The update is relevant to condominium owners considering a sale in 2026, especially owners of mass-market or suburban homes where buyers may be sensitive to total purchase price and financing comfort.

It is also relevant to sellers who expect to buy another property, HDB owners comparing a private-property upgrade and buyers deciding between a new launch and a resale condominium. These groups should consider both transaction evidence and household affordability rather than relying on a broad headline.

Who is not affected

The reported suburban-residential sentiment figure should not be applied directly to every OCR or RCR project. A well-located or competitively priced unit may face a different buyer pool from the wider segment.

The survey does not determine HDB resale prices, landed-home values, commercial or industrial property values, or the valuation of an individual condominium. It also does not establish that prime residential property is automatically suitable for a buyer merely because reported sentiment was different there.

Owners who are not ready for their next move should not treat one survey as a reason to accelerate a sale without reviewing the transaction and financial implications.

What remains unchanged

Sellers should still review:

• recent transactions for genuinely comparable units in the same project and nearby alternatives;
• active listings and how their asking prices, condition and presentation compare;
• the unit’s floor, facing, layout, tenure, condition and likely buyer profile;
• the estimated sale proceeds after the outstanding loan, CPF refund and transaction costs;
• tenancy obligations where the property is occupied;
• the affordability and timing of the next property; and
• applicable legal, financing, CPF and stamp-duty requirements.

No market statistic or sentiment survey guarantees a selling price, buyer response or completion timeline.

Planning considerations

Start with evidence from the project

Review recent transactions for comparable stacks and unit types, then compare active alternatives. Give more weight to evidence that is recent and genuinely similar. A record transaction from a different unit type, floor or condition may attract attention without providing a reliable asking-price benchmark.

A structured review through property valuation in Singapore can help organise the evidence before an asking-price range is set.

Test the asking price against buyer affordability

The latest sentiment report is a reminder that buyer response can weaken when total purchase quantum and financing comfort are stretched. Sellers should therefore compare the proposed asking price with the buyer’s available alternatives, not only with the highest historical transaction in the project.

The TDSR and property affordability guide explains why loan eligibility, monthly comfort, cash, CPF and a financial buffer should be considered separately.

Prepare the unit for its likely audience

Repairs, decluttering, photography and viewing preparation can affect first impressions. The appropriate work depends on the unit and target buyer. Expensive improvements do not automatically produce an equivalent return.

Use How to Prepare Your Condo for Sale in Singapore to focus on presentation and viewing readiness without over-improving the property.

Coordinate the sale with the next move

The marketing period, Option to Purchase dates, completion, loan redemption and handover should be coordinated with the owner’s next-home plan. A seller who is also buying should review financing and temporary-accommodation risks before committing to either transaction.

Estimate sale proceeds conservatively

Review the outstanding loan, CPF principal and accrued interest to be refunded, legal fees, agent fees and other applicable costs. CPF Refund When Selling Property explains the main CPF considerations. Obtain legal, tax or financial advice where required.

Review market response with evidence

Once marketing begins, assess enquiry quality, viewing feedback, competing listings and credible offers. A lack of response can reflect price, presentation, buyer fit or timing. Changes should be based on evidence rather than a single market headline.

FAQ

This article is for general educational discussion. The survey figures are attributed to secondary reports because the underlying 2Q 2026 NUS report was not directly accessible during preparation. Market-wide information does not determine the selling price or timeline of an individual property. Owners should review the latest official information, property-specific evidence and applicable requirements, and obtain legal, tax or financial advice where required.