Regional Trends
26 Years of Property Price Trends. What Can We Learn About 2027?
Orchard, River Valley, Bukit Timah, Marina Bay and Sentosa.
Queenstown, Tiong Bahru, Toa Payoh, Kallang and parts of the East Coast.
Tampines, Bedok, Pasir Ris, Punggol, Sengkang, Woodlands and Jurong.
Singapore's Changing Property Market
Singapore’s property market has changed significantly since 2000.
Over the years, we’ve seen property prices rise, market corrections, changing interest rates and new developments transforming neighbourhoods across the island.
But have property prices grown at the same pace across Singapore’s three regions?
Let’s explore how new launch and resale condominium prices have changed across the Core Central Region (CCR), Rest of Central Region (RCR) and Outside Central Region (OCR).
Core Central Region (CCR)
From Orchard and River Valley to Bukit Timah, Marina Bay and Sentosa, the CCR is home to many of Singapore’s prime residential addresses.
Over the past 26 years, the CCR has experienced different property market cycles, with periods of growth, corrections and recovery.
Today, the market continues to evolve with new developments, changing buyer preferences and limited opportunities to develop certain prime locations.
How have new launch and resale prices performed over the years?
Districts: 9, 10 and 11, plus selected areas in Districts 1, 2, 4, 6 and 7.
Rest of Central Region (RCR)
The RCR covers established neighbourhoods such as Queenstown, Tiong Bahru, Toa Payoh, Kallang and parts of the East Coast.
Over the years, new MRT connections, residential developments and improvements to surrounding amenities have gradually changed many of these neighbourhoods.
As the city continues to develop, the RCR offers an interesting perspective on how connectivity, location and new housing supply influence property prices.
How have prices changed as these neighbourhoods developed?
Districts: 3, 8, 12 and 13, plus selected areas in Districts 1, 2, 4, 5, 6, 7, 14, 15 and 20.
Outside Central Region (OCR)
The OCR covers much of Singapore’s suburban residential areas, including Tampines, Bedok, Pasir Ris, Punggol, Sengkang, Woodlands and Jurong.
Over the past two decades, many of these areas have undergone significant transformation.
New transport connections, shopping malls, schools, business hubs and residential developments have helped shape how people live and where they choose to buy.
Looking at the historical trends gives us a better understanding of how suburban property prices have evolved alongside Singapore’s growth.
How have new launch and resale prices changed since 2000?
Districts: 16–19 and 21–28, plus selected areas in Districts 5, 14, 15 and 20.
Note: Historical price trends are provided for general information. Some postal districts span more than one region, and classification depends on the property’s actual location. The 2026 data is year-to-date. Past performance does not guarantee future price movements.
Can We Predict Where Property Prices Are Heading Next?
Everyone wishes they had a crystal ball to see where property prices will be in 2027 and beyond.
While no one can predict the future with certainty, there are clues worth looking at.
One of them is land cost.
By studying what developers are paying for land today, we can gain a better understanding of what could influence new launch prices in the years ahead.
So, what could these numbers be telling us about 2027?
The answer may be more revealing than you think.
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© 2026 Perry Siow. All Rights Reserved.
CEA Reg: R006056B, a licensed real estate salesperson with PropNex Realty Pte Ltd L3008022J
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