Condo Prices in Singapore (2026): URA Index, New-Launch psf and Where Hougang Sits

Condo prices in Singapore depend on which market you mean. A new launch next to an MRT station in the suburbs, a 15-year-old resale condo in the same town and a luxury project in District 10 can be more than S$1,500 psf apart. This guide starts with the national picture from URA’s price index, then narrows down to dollar-per-square-foot benchmarks, and ends with where Hougang and LinkTown Residences (Hougang Central Residences) sit on that range.

What the URA price index says

URA’s private residential property price index tracks the change in prices each quarter. It does not give a dollar psf, but it is the yardstick most analysts use.

Period	All private homes	Non-landed CCR	Non-landed RCR	Non-landed OCR
Full year 2025	+3.3%	+1.9%	+1.6%	+3.2%
Q1 2026	+0.9%	+0.6%	+0.8%	+2.2%
Q2 2026 (latest final)	+0.5%	+1.8%	−1.2%	−0.1%

Sources: URA, 4th Quarter 2025 real estate statistics (23 January 2026) and 2nd Quarter 2026 real estate statistics (24 July 2026).

Three points stand out. The 3.3% rise in 2025 was the smallest yearly gain since 2020, down from 3.9% in 2024. The suburbs (OCR) did most of the lifting in 2025 and early 2026. Then in Q2 2026 non-landed prices were flat overall, with city-fringe prices falling and the core rising. URA’s Q3 2026 flash estimate is due at the start of October 2026.

Sales volumes and supply

• New sales picked up in 2025. Developers sold 10,815 private homes (excluding ECs) in 2025, against 6,469 in 2024. In Q2 2026 they sold 2,141.
• Resale is the bigger market. There were 3,813 resale transactions in Q2 2026, 62% of all private sales that quarter.
• Supply is building. At the end of Q2 2026 there were 42,472 units with planning approval in the pipeline, 15,810 of them unsold. URA’s 1 July 2026 flash release put total expected completions over the next few years at around 61,000 units, and the 2H 2026 Government Land Sales Confirmed List adds 4,745 more.

High land supply tends to cap how fast prices can run. It also means buyers have more projects to compare, which is covered in our round-up of new condo launches for 2026 and 2027.

Condo prices per square foot: 2026 benchmarks

For a buyer, psf is more useful than an index. The table groups recent reference points by market segment. Our guide to psf explains how the figure is worked out and why it can mislead for very small or very large units.

Project	Segment	Type	Reported average psf	Basis
Dunearn House (Bukit Timah)	CCR	New launch	~S$3,140	Launch weekend, July 2026
Amberwood at Holland	CCR	New launch	~S$3,019	Launch weekend, September 2026
Pinery Residences (Tampines)	OCR	New launch, integrated	~S$2,546	Launch weekend, March 2026
Lentor Gardens Residences	OCR	New launch	~S$2,359	Sales since July 2026 launch
Parktown Residence (Tampines North)	OCR	Uncompleted, integrated	~S$2,325	Last 12 months
Sengkang Grand Residences	OCR	Resale, integrated	~S$2,067	Last 12 months
The Florence Residences (Hougang)	OCR	Resale, completed 2023	~S$1,894	Last 12 months
Riverfront Residences (Hougang)	OCR	Resale, completed 2023	~S$1,736	Last 12 months
Kingsford Waterbay (Hougang)	OCR	Resale, TOP 2018	~S$1,460	Last 12 months

Sources: EdgeProp reports on Amberwood at Holland and recent CCR launches (27 September 2026) and Pinery Residences (29 March 2026); EdgeProp project pages for Lentor Gardens Residences, Parktown Residence, Sengkang Grand Residences, The Florence Residences, Riverfront Residences and Kingsford Waterbay, read 29 September 2026.

Reading the gaps

The spread inside the OCR is almost as wide as the gap between regions. Two things drive it:

• Age and lease. A new launch starts with a full 99-year lease, new facilities and several years of construction ahead. Condos completed in 2018 or 2023 have already used some of their lease, but you can move in or rent out now.
• What is downstairs. Integrated projects with a mall, bus interchange and MRT link (Pinery, Parktown, Sengkang Grand) sit at the top of the suburban range. Our new launch vs resale guide goes through the trade-off in detail.

Where Hougang and the OCR fit

Hougang is in postal District 19 and in the Outside Central Region, URA’s most affordable segment and the one where many HDB upgraders buy. The CCR, RCR and OCR explainer covers the boundaries.

Hougang’s larger resale condos, such as Riverfront Residences and Kingsford Waterbay along the Serangoon River and The Florence Residences near Kovan, have traded between about S$1,460 and S$1,900 psf on average over the past 12 months. Age, distance to the MRT and unit size explain most of the difference between them. Our Hougang condo new launch guide compares LinkTown Residences with other launches near Hougang.

LinkTown Residences changes that. It is part of a mixed-use Government Land Sales site at Hougang Central, with about 830 homes (UOL cites more than 800), a mall of about 300,000 sq ft, a new bus interchange and a direct link to Hougang MRT, which is set to become a North-East Line and Cross Island Line interchange around 2030. The consortium paid S$1,179 psf per plot ratio for the land in January 2026.

Illustrative price range for Hougang Central Residences

Indicative unit	At S$2,500 psf	At S$2,600 psf	Same size at Hougang resale ~S$1,736 psf
1-Bedroom + Study, 506 sq ft	~S$1.27m	~S$1.32m	~S$0.88m
2-Bedroom, 678 sq ft	~S$1.70m	~S$1.76m	~S$1.18m
3-Bedroom, 1,066 sq ft	~S$2.67m	~S$2.77m	~S$1.85m
4-Bedroom, 1,496 sq ft	~S$3.74m	~S$3.89m	~S$2.60m

The analysts’ range would place Hougang Central Residences close to Pinery Residences and above Parktown Residence’s launch average of about S$2,360 psf, and well below city launches. Whether it lands there depends on the developers’ pricing and the market in 2027; our LinkTown Residences review looks at what the premium buys. Our price estimate sets out how analysts reached their figure, and the price list page will carry real prices once released.

How to track condo prices yourself

1. URA quarterly releases: the flash estimate on the first working day of each quarter, final figures three to four weeks later.
2. Caveat data: URA’s transaction search shows recent psf by project. Compare units of similar size, floor and age.
3. Launch results: launch-weekend take-up and average psf, reported in the property press, show where new projects are pricing.
4. Land prices: the psf per plot ratio paid at a land tender hints at where the eventual selling price will sit.

For the location side of the picture, see the LinkTown Residences location page.

Register to get LinkTown Residences prices by unit type as soon as they’re released.

Frequently asked questions

Are condo prices in Singapore still rising in 2026?

Slowly. URA’s private residential price index rose 0.9% in Q1 2026 and 0.5% in Q2 2026, after a 3.3% rise for 2025 as a whole, the smallest annual gain since 2020. The Q3 2026 flash estimate is due in early October 2026.

What is the average condo price per square foot in the OCR?

There is no single figure. Recent OCR new launches have averaged roughly S$2,350 to S$2,550 psf (Lentor Gardens Residences, Pinery Residences), while older suburban resale condos in Hougang averaged about S$1,460 to S$1,900 psf over the past 12 months, based on reported transaction data.

How much will LinkTown Residences cost per square foot?

No prices have been released. Analysts expect an average of about S$2,500 to S$2,600 psf. This is an estimate only; the launch is expected in early 2027, and UOL’s August 2026 results guide a 2H 2027 launch.

Where can I check official condo price data?

URA publishes the quarterly private residential price index and caveat data. Its flash estimate comes out on the first working day of each new quarter, with final figures about three to four weeks later.