Private home prices showed a modest increase of 0.5% quarter-on-quarter in 2Q2025, reflecting the resilience of the market amid external economic pressures. This rise follows a previous quarter’s increase of 0.8% and a more substantial 2.3% rise in the fourth quarter of 2024, indicating a consistent upward trend in private residential property values. The Urban Redevelopment Authority’s flash estimate highlighted this growth as a sign that the market is maintaining its stability despite facing various external economic shocks.
A closer examination of the different sectors within the residential market reveals that the landed housing segment experienced a price increase of 0.7%. This indicates a steady demand for landed properties, which often appeal to those seeking more space and privacy.
In contrast, the Core Central Region witnessed a significant 2.3% rise in prices, driven predominantly by premium property launches that attracted buyers looking for luxury living options. Such performance in the Core Central Region underscores the ongoing allure of prime property locations, even amidst uncertainty in the broader economic landscape.
However, not all segments performed equally well. The Rest of Central Region recorded a price decline of 1.1%, illustrating the mixed performance of various areas within the private residential market. This decline may reflect a shift in buyer preferences or an oversupply of properties in this segment. Such disparities in performance across different regions highlight the complex nature of the housing market, where localized factors can lead to divergent price movements.
Interestingly, this growth in home prices occurred amid a notable 55% drop in new private home launches, with only approximately 1,420 units launched in 2Q2025. This significant reduction in new supply could indicate a cautious approach from developers in response to current market uncertainties.
The lower number of launches may contribute to the upward pressure on prices, as limited supply can enhance competition among buyers for available units. Despite the challenges posed by external economic conditions, the resilience demonstrated by the private home market is noteworthy.
Buyers appear willing to invest in properties, particularly in sought-after locations, which supports ongoing price growth. The interplay between limited new supply and sustained demand creates a delicate balance, one that will be crucial to monitor in the coming quarters as the market navigates external pressures.
NEW CONDO LAUNCH: RIVER GREEN
River Green is an exciting new condominium set to launch in 3Q2025, with anticipated features including detailed River Green floor plans and competitive pricing.
This project promises to meet the rising demand for private residences in the Core Central Region, as evidenced by a 2.3% price increase in 2Q2025.
Potential buyers can access comprehensive River Green project information through the e-brochure, ensuring they have all the necessary details.
Don’t miss the opportunity to view the River Green ShowFlat and secure VVIP discounts.
Register or contact 6100 8822 to book a showflat appointment.
News Source: Edgeprop
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