Private home price growth continues to slow in Q2 2025
SINGAPORE – The growth in private residential property prices continued to lose momentum in the second quarter of 2025, according to flash estimates released by the Urban Redevelopment Authority (URA) on July 1.
The private residential property price index rose by 0.5 per cent in the second quarter, compared with the 0.8 per cent growth in the first quarter.
'In line with the decline in the number of units launched for sale, sale transaction volume fell by about 40 per cent on a quarter-on-quarter basis in Q2 2025,' said URA.
There were 4,340 private homes sold in the second quarter , compared with 7,261 in the previous quarter.
Across all areas in Singapore, prices of non-landed properties increased by 0.5 per cent in the second quarter , after a 1 per cent rise in the previous quarter.
However, the price movements were mixed across regions.
In the core central region, prices of non-landed properties increased by 2.3 per cent, picking up from a 0.8 per cent gain previously.
Elsewhere in the central region, non-landed property prices dropped by 1.1 per cent, reversing a 1.7 per cent growth in the previous quarter.
Outside the central region , prices of non-landed homes increased by 0.9 per cent, compared with a 0.3 per cent increase previously.
As for landed properties, prices rose by 0.7 per cent, up from a 0.4 per cent gain in the first quarter.
To meet housing demand and maintain market stability, URA said the Government is sustaining a 'high level of private housing supply' in the Government Land Sales programme.
On June 24, URA announced that 4,725 private residential units will be launched in the second half of 2025 under the confirmed list, bringing the total confirmed supply for the year to nearly 10,000 units.
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