Where is Singapore’s housing market headed in 2026?

Singapore’s housing market enters 2026 with a mix of relief and tension. Prices have cooled from their post-pandemic surge, but not enough to calm nerves. Mortgage rates are lower, yet economic clouds...

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Published Tue, Dec 23, 2025 · 05:00 AM

Singapore’s housing market enters 2026 with a mix of relief and tension. Prices have cooled from their post-pandemic surge, but not enough to calm nerves. Mortgage rates are lower, yet economic clouds linger. And even with HDB resale growth moderating, million-dollar flats are becoming routine rather than newsworthy. 

In this week’s PropertyBT, a podcast of BT Correspondents, host Leslie Yee sits down with PropNex co-founder and executive chairman Ismail Gafoor to make sense of the year ahead. Together, they parse through a lot, cutting from BTO supply to upgrader instincts, private-home hotspots and the quiet strength of landed homes, with Gafoor offering the kind of grounded read only a savvy, long-term practitioner can deliver.

And with developers preparing a slimmer pipeline of new launches, the open question is whether 2026 will reward patience, boldness or something in between.

Why listen

  • HDB in a new gear: What’s really behind the price moderation and how long it may last.
  • The million-dollar question: Why these deals keep rising and why panic is optional.
  • Where condos run hot: The segments and districts that are set to draw the strongest demand in 2026.
  • Landed resilience explained: Why this segment stays firm even as households shrink and rates shift.

Yee keeps the conversation grounded, and Gafoor keeps it candid. If you want clear, practical insight on where Singapore housing may move next, this is the episode to hear before making any decisions. Listen now.

PropertyBT is a podcast of BT Correspondents. If you have thoughts or questions, email us at btpodcasts@sph.com.sg.

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Written and hosted by: Leslie Yee (lyee@sph.com.sg)

With Ismail Gafoor, co-founder and executive chairman, PropNex

Edited by: Emily Liu & Claressa Monteiro

Produced by: Leslie Yee, Emily Liu & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

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ABOUT THE PODCAST

BT Correspondents brings together some of The Business Times’ most trusted columnists in a single series. Featuring Mark to Market, WealthBT, TransportBT, and PropertyBT, weekly episodes deliver expert analysis and clear perspectives on stocks, wealth, mobility, and real estate. It is essential listening for professionals who want context, clarity, and depth.