Interactive Urban

Infographic: Housing Prices in Southeast Asian Capitals

Southeast Asia's housing market in early 2026 is starkly bifurcated: Singapore remains the unassailable outlier at ~US$15,540/sqm with growth decelerating to +0

Akhyari Hananto

May 8, 2026 2:21 PM GMT+7

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Data Sources

URA, HDB, NAPIC, BSP, Bank of Thailand, Bank Indonesia, NBC Cambodia, JLL, Savills, CBRE, Knight Frank, Cushman & Wakefield, Colliers International,

Southeast Asia's housing market in early 2026 is starkly bifurcated: Singapore remains the unassailable outlier at ~US$15,540/sqm with growth decelerating to +0.3% quarterly, while Vietnam's Hanoi (+25-40% YoY) and Ho Chi Minh City (+24% YoY) are experiencing the region's most explosive price surges driven by years of supply starvation; though affordability ceilings and new credit caps signal potential cooling ahead.

At the other extreme, Bangkok, Manila, and Jakarta languish under condo oversupply, with Manila's Bay Area hitting a crisis-level 57.3% vacancy and Bangkok resale units sitting 180-240 days on market, while Kuala Lumpur and Phnom Penh present the clearest value cases; KL at a 60-70% discount to Singapore with 4-6% yields, and Phnom Penh's BKK1 commanding 6-7% yields on freehold strata; both tempered by softening prices and weak absorption.

Meanwhile, Yangon's headline-grabbing 40-55% nominal gains in kyat terms are illusory in USD due to currency collapse and conflict-driven displacement, and Vientiane remains a data void where no major consultancy publishes residential research, making both markets speculative at best.

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