FX.co ★ Singapore Q2 Home Price Growth Revised Higher

In the second quarter of 2025, private home prices in Singapore saw a 1.0% increase on a quarterly basis, surpassing the initial estimate of 0.5% and slightly rising from the 0.8% growth recorded in the prior quarter. This marks the third consecutive quarter of gains, demonstrating an acceleration particularly in the landed property sector, where prices rose by 2.2% compared to 0.4% in the first quarter. Conversely, the growth in non-landed property prices eased, recording a 0.7% increase from a previous 1.0%, mainly due to a downturn in the Rest of Central Region, which declined by 1.1% against a prior rise of 1.7%. However, in other areas, namely the Core Central Region, growth accelerated to 3.0% from 0.8%, and the Outside Central Region saw an uptick to 1.1% from 0.3%. The government announced that it will continue to carefully observe economic and property market trends while ensuring a sufficient supply of private housing and commercial space to cater to the demands of both the population and the economy. In the first half of 2025, approximately 3,000 private residential units, including Executive Condominiums, reached completion.