Singapore Property Market in Q3 2025 — Steady Prices, Rising Rents

Despite global headwinds, Singapore’s private residential market continues to show remarkable resilience. The Urban Redevelopment Authority’s (URA) latest Q3 2025 figures highlight stable price growth, healthy rental demand, and strong supply fundamentals — signalling confidence and opportunity for both buyers and sellers.

📈 Prices Stay Steady, Reflecting Market Confidence

Private home prices rose 0.9% in Q3 2025 — matching gains from earlier quarters and maintaining the consistent growth seen through 2024.

• Landed homes led the market with a 1.4% increase, while non-landed units grew 0.8%.

By region:

• Core Central Region (CCR): +1.7%

• Rest of Central Region (RCR): +0.3%

• Outside Central Region (OCR): +0.8%

💡 What’s Driving It:

• High-net-worth buyers continue to treat prime district properties as safe-haven investments.

• Local demand remains strong, supported by steady employment and rising household incomes.

• CCR rebounded as luxury launches and high-end resale units attracted investors looking beyond short-term volatility.

💰 Rents Climb as Leasing Demand Strengthens

Private residential rents rose 1.2% in Q3 — marking the third straight quarter of increase.

• Landed rents surged 2.4% amid limited availability of larger homes.

• OCR rents led the non-landed segment with a 2.5% rise, driven by strong suburban demand.

💡 Why This Matters:

• Returning expatriates and new work pass holders are boosting rental demand.

• Upgraders waiting for new homes are renting in the interim, tightening supply.

• Rental yields are improving, helping offset higher mortgage costs for investors.

  
  

🏘️ Balanced Supply Pipeline Keeps Market Sustainable

Roughly 3,000 units were completed in Q3, bringing total completions for the first three quarters to about 6,000 units.Looking ahead, about 54,000 private homes (including ECs) are expected to be completed in the coming years, with close to 10,000 new units entering the market through the 2025 Government Land Sales (GLS) Confirmed List — 50% higher than the recent three-year average.

💡 Market Impact:

• Healthy supply helps moderate long-term price pressures.

• More diverse offerings allow buyers to find homes aligned with lifestyle and budget.

• Sellers may face a more competitive market post-2026, reinforcing the importance of strategic

  timing.

📉 Vacancy Rates Decline as Demand Absorbs New Stock

Vacancy rates fell to 6.9% in Q3, down from 7.1% in Q2, showing solid rental take-up and occupancy levels.CCR vacancies eased the most — an encouraging sign for the high-end segment’s recovery.

💡 Takeaway:

Tight vacancy rates reflect strong rental resilience, suggesting the market remains fundamentally well-balanced even as new supply builds up.

🔍 Key Takeaways for Buyers and Sellers

For Buyers:

• Prices are steady but not overheated — ideal for long-term entry.

• Explore CCR and RCR for potential value opportunities.

• Secure loan approvals early to navigate higher interest rates.

For Sellers:

• Take advantage of current demand momentum before new completions add competition.

• Focus on presentation, pricing, and timing — professionally marketed homes still command premium value.

• Consider upgrading or repositioning assets to capture rental gains.

Singapore’s property market stands out globally for its stability, transparency, and disciplined growth. While the government maintains a proactive stance to ensure affordability and adequate supply, buyers are advised to remain prudent and make informed purchases.

In the ever-evolving property market, opportunity remains for the informed buyer and seller. Whether you’re exploring your next investment, upgrading your family home, or preparing to sell, now is the time to position strategically.

📞 Reach out to our team today for a personalised property consultation and detailed insights on how to make the most of Singapore’s stable and resilient housing market. Let’s turn your next move into your smartest one yet.