Prime home values forecast to rise up to 3.9% in H2
Singapore stands as the most expensive prime residential market in Southeast Asia.
Singapore's prime residential market is forecast to rise 2% to 3.9% in the second half of 2026, placing it amongst the seven strongest of 30 world cities tracked by Savills' World Cities Prime Residential Index.
In the first half, prime capital values rose 0.4%, and rents climbed 1.7%, well ahead of the 1.1% average rental growth across the 30 cities and up from 0.5% in the second half of 2025.
At $2,351 per square foot (US$1,850) as of June 2026, the city-state is the most expensive prime residential market in Southeast Asia.
Globally, it ranks 10th of 30 cities, ahead of Milan, Rome, Lisbon and Los Angeles but well below Hong Kong $2950 (US$3,750 psf) and Tokyo $2470 (US$3,140 psf).
Across all 30 cities, average prime residential capital values rose 0.6% in the six months to June 2026, with 60% of cities recording positive growth despite heightened geopolitical uncertainty.
Average prime rents rose 1.1% globally, extending a trend of rental growth outpacing capital values that has held since mid-2022.
Savills forecasts global capital values will rise 0.5% on average in the second half, with growth in 16 markets, 10 remaining flat and four expected to decline.
($1=US$0.79)