Savills sees 3% rise in home prices in 2026

Savills forecasts private home prices to rise about 3% in 2026, as it expects sustained launch activity and continued buyer interest in well-located city-fringe and prime projects.

The consultancy said 2026 could see selective repricing, with Rest of Central Region prices potentially overlapping with Core Central Region pricing in some launches, narrowing the usual price gap between the segments.

Savills said new home sales reached 10,815 units in 2025, the first time above 10,000 since 2021, whilst launches rose to 11,482 units, the highest since 2013, which it said signalled developer confidence and underlying demand.

It noted new sales eased 10.6% QoQ to 2,940 units in Q4 2025 due to fewer launches, but said take-up remained firm and RCR accounted for more than half of quarterly sales.

Alan Cheong, executive director of research and consultancy at Savills Singapore, said the market may need one to two years before broader repricing reoccurs, but he expects segment-level repricing within RCR and CCR in 2026 as selected RCR launches test CCR-associated price points.