Singapore’s private residential leasing market recorded 22,290 rental contracts commencing in the second quarter (Q2) of 2026, a 5.1% quarter-on-quarter (QoQ) increase and a 3% year-on-year (YoY) rise. Non-landed private residential rental transactions increased 5.4% QoQ, with all three market regions recording higher volumes. On a YoY basis, non-landed leasing volume grew 3.2% in Q2 2026, extending its growth streak to nine consecutive quarters. Treasure At Tampines was the most actively leased non-landed private residential development in Q2 2026, replacing Normanton Park at the top spot. “Thus, we maintain our view that private residential rents will remain broadly flat in 2026.”