Condo rentals hit record 9,627 in July

This is Singapore's highest transaction volume on record.

Singapore's condo rental market posted its highest transaction volume on record in July 2026, with an estimated 9,627 units rented.

This marks a 38.1% jump from June's 6,973 units, a 10.6% year-on-year increase, and a level 19.5% above the five-year July average, according to a report by 99.co and SRX.

Overall condo rental prices rose 1.6% month on month, pushing the Rental Index to 147.3 from 145.0 in June.

Prices climbed across all regions as Outside Central Region (OCR) led with a 2.2% increase, followed by Rest of Central Region (RCR) at 1.1% and Core Central Region (CCR) at 0.8%.

Year on year, overall rental prices rose 2.5% compared to July 2025, with CCR up 2.6%, RCR up 2.4%, and OCR up 2.2%.

By region, OCR accounted for the largest share of July's rental volume at 39.2%, followed by RCR at 33.2% and CCR at 27.7%.

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