# Non-landed private home prices edge down by 0.4% m-o-m in July on Central Region drag: NUS estimates

- **Source:** EdgeProp Singapore
- **Published:** 2026-08-31T11:59:09.000Z
- **Author:** Kalynskye Adrian
- **Original:** https://www.edgeprop.sg/property-news/non-landed-private-home-prices-edge-down-04-m-o-m-july-central-region-drag-nus-estimates
- **Topics:** Private Residential, Transactions & Deals

## Featured rationale

The simultaneous decline in prices and transactions signals softer resale demand, potentially tempering seller expectations, although the Non-Central Region’s 0.5% gain indicates uneven cross-segment movement.

## AI summary

Singapore non-landed private home prices fell 0.4% month-on-month in July, led by a 1.8% Central Region decline, while resale volume eased to 984 units.

## Original article

Both prices and resale volumes of non-landed private residential properties across Singapore fell slightly this July, as compared to June.

Overall prices dipped 0.4% m-o-m — reversing from the increase of 0.3% in the previous month — amid decreases in the Central Region, according to flash estimates of the Singapore Residential Price Index (SRPI).

The National University of Singapore’s Institute of Real Estate and Urban Studies (Ireus) released the data on Aug 28. The SRPI, built by Ireus researchers, is a transaction-based index tracking monthly price movements of private non-landed housing across the island.

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Price trend of the SRPI from March 2009 to July 2026:

In the Central Region, spanning Districts 1 to 4 and 9 to 11, prices of non-landed private homes declined by 1.8% m-o-m in July, versus the 1% increase in June.

In the Non-Central Region, prices inched up by 0.5%, reversing from the marginal drop of 0.4% in the previous month.

Meanwhile, small units — defined as non-landed homes with a strata area of 47 sq m (506 sq ft) or less — saw prices fall by 1.2% m-o-m in July, after the earlier uptick of 0.2% in June.

At the same time, Ireus noted that headline inflation softened during the month, with Singapore’s Consumer Price Index – All Items down 0.2% m-o-m in July.

Resale volume of non-landed private homes: July 2025 to July 2026:

Transaction activity also slowed in the condo and apartment segment.

Non-landed private residential resale transactions — excluding executive condos and en bloc sales — came in at 984 units in July, down by about 2.38% from June's 1,009 units, based on URA Realis data cited by Ireus on Aug 28.

## Chinese translation

> Translation model: grok_cli

### 国大估算：7月非有地私宅价格环比微跌0.4%，受中央区拖累

小型单位价格亦下跌1.2%，当月整体公寓转售成交量略减至984个单位。

新加坡各地非有地私人住宅的价格与转售成交量在今年7月均较6月略有下滑。

根据新加坡住宅价格指数（SRPI）的快报估算，整体价格环比下跌0.4%——扭转了前一个月上涨0.3%的走势——主要受中央区下跌拖累。

新加坡国立大学房地产与城市研究学院（Ireus）于8月28日发布了上述数据。SRPI由Ireus研究人员编制，是一项基于交易的指数，追踪全岛非有地私宅的月度价格变动。

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SRPI价格指数走势（2009年3月至2026年7月）：

在涵盖第1至第4区以及第9至第11区的中央区，非有地私宅价格在7月环比下跌1.8%，而6月则上涨1%。

在非中央区，价格微升0.5%，扭转了前一个月微跌0.4%的走势。

与此同时，小型单位——定义为分层面积不超过47平方米（506平方英尺）的非有地住宅——价格在7月环比下跌1.2%，此前6月曾上涨0.2%。

同时，Ireus指出当月整体通胀有所缓和，新加坡消费者物价指数（所有项目）在7月环比下降0.2%。

非有地私宅转售成交量：2025年7月至2026年7月：

公寓与共管公寓板块的成交活动也有所放缓。

根据Ireus于8月28日援引市区重建局Realis数据，非有地私人住宅转售成交——不包括执行共管公寓和集体出售——7月为984个单位，较6月的1,009个单位下降约2.38%。