Condo rents hit 12-month high in July

OCR led the surge with a 2.2% monthly rent rise.

Overall condo rental prices increased by 1.6% month-on-month and 2.5% year-on-year in July, according to flash estimates from 99.co and SRX.

The Singapore Property Index (SPI) reached 147.3 in July, the highest across the 12-month data. The index remained relatively flat from July to December 2025, hovering around 143.5 to 143.8.

There was a slight uptick in January 2026 at 144.6 before slipping to 144.4 in February. The SPI recovered throughout March and April, reaching 144.9 and 145.4, respectively.

It again cooled to 144.5 in May before rising to 145.0 in June.

Prices across Outside Central Region (OCR), Rest of Central Region (RCR), and Core Central Region (CCR) all reported monthly increases of 2.2%, 1.1%, and 0.8%, respectively.

Compared to July 2025, OCR grew by 2.2%, RCR by 2.4%, and CCR by 2.6%.

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