Punggol to get 3,500 MOP flats in 2026
Punggol, Queenstown, and Tampines will see the largest number MOP flats in 2026.
The towns Punggol, Queenstown, and Tampines will see the largest number of minimum occupation period (MOP) flats in 2026, with 3,500, 2,500, and 2,200, respectively.
As a result, these towns may experience more pressure on rents, Huttons data showed.
This is amidst the almost 70% increase of flats that are expected to fulfill the five-year MOP in 2026, which will add to the competition for tenants, it added.
The number of resale flats reaching their five-year MOP is projected to more than double in 2026, rising to 13,484 units from 6,973 units in the previous year, according to the Private Residential & HDB Rental Market Outlook Report 2026 by OrangeTee.
The supply of MOP flats is expected to grow further to 18,939 units in 2027 and 21,393 units in 2028, the report added.
Meanwhile, the most expensive flat resold in November was a five-room flat at Natura Loft, sold for $1.63m.
The 2026 forecast will also follow the rental transactions of Housing & Development Board (HDB) flats that are expected to rise by 2.3% to 37,500 in 2025, up from 36,673 recorded last year, Huttons said.