The overall private residential price index increased at a more modest pace of 0.6% in 4Q2025, compared to an increase of 0.9% in 3Q2025. For 2025 as a whole, the price index rose by 3.3%, moderating from the 3.9% increase in 2024, marking the smallest full-year increase since 2020.
About 2,000 private residential units, including executive condominiums (ECs), were completed in 4Q2025, bringing the total completions for 2025 to about 8,000 units, according to 4Q2025 real estate statistics released by the Urban Redevelopment Authority (URA) on Jan 23.
With the ramp-up in the supply of private housing via the Government Land Sales (GLS) programme in recent years, a “significant” supply pipeline of about 57,000 private residential units (including ECs) is expected to be completed in the next few years, adds URA.
The overall private residential rental index decreased by 0.5% in 4Q2025, reversing from a 1.2% increase in 3Q2025, marking the first decline since 2Q2024. For 2025 as a whole, the private residential rental index registered an increase of 1.9%, reversing from a 1.9% decrease in 2024.
URA’s final 4Q2025 and 2025 real estate statistics follow the release of flash estimates on Jan 2.
See also: 2025 private property prices rise at slowest pace since 2020: URA
CCR, landed properties lead price rise
See also: Price of office space falls 2.1% in 2025 but rents rise 0.3%: URA
Prices of non-landed properties decreased by 0.2% in 4Q2025, compared with the 0.8% increase in the previous quarter. For the whole of 2025, prices of landed properties rose by 7.6% while those of non-landed properties rose by 2.3%.
Prices of non-landed properties in the Core Central Region (CCR) decreased by 3.5% in 4Q20255, compared with the 1.7% increase in the previous quarter.
Prices of non-landed properties in the Rest of Central Region (RCR) increased by 0.7% in 4Q20255, compared with the 0.3% increase in the previous quarter.
Prices of non-landed properties in the Outside Central Region (OCR) increased by 1.0% in 4Q20255, compared with the 0.8% increase in the previous quarter.
For the whole of 2025, prices of non-landed properties in CCR, RCR and OCR increased by 1.9%, 1.6% and 3.2% respectively.
RCR rentals lead the pack
Rentals of non-landed properties decreased by 0.1% in 4Q2025, compared with the 1.1% increase in the previous quarter.
Rentals of landed properties decreased by 3.0% in 4Q2025, compared with the 2.4% increase in the previous quarter.
For the whole of 2025, rentals of landed properties increased by 0.4%, while rentals of non-landed properties increased by 2.3%.
Rentals of non-landed properties in CCR properties increased by 0.7% in 4Q2025, compared with the 0.5% decrease in the previous quarter.
Rentals of non-landed properties in RCR increased by 0.6% in 4Q2025, compared with the 1.8% increase in the previous quarter.
Rentals of non-landed properties in OCR decreased by 2.0% in 4Q2025, compared with the 2.5% increase in the previous quarter.
For the whole of 2025, rentals of non-landed properties in CCR, RCR and OCR increased by 2.5%, 2.8% and 1.3% respectively
More launches, more sales in 2025
Developers launched 2,632 uncompleted private residential units (excluding ECs) for sale in 4Q2025, compared with the 4,191 units in the previous quarter.
For the whole of 2025, developers launched 11,482 uncompleted private residential properties (excluding ECs) for sale, compared with the 6,647 units in the previous year.
Developers sold 2,940 private residential units (excluding ECs) in 4Q2025, compared with the 3,288 units sold in the previous quarter.
For the whole of 2025, developers sold 10,815 private residential units (excluding ECs), compared with the 6,469 units in the previous year.
Developers did not launch any EC units for sale in 4Q2025 and sold 80 EC units in the quarter. In comparison, developers launched 600 EC units for sale and sold 571 EC units in 3Q2025.
For the whole of 2025, developers launched 1,360 EC units for sale and sold 1,630 EC units, compared with the 1,016 EC units launched and 1,227 EC units sold in 2024.
There were 3,529 resale transactions in 4Q2025, compared with the 3,881 units transacted in the previous quarter. For the whole of 2025, there were 14,622 resale transactions, compared with the 14,053 resale transactions in 2024.
There were 230 sub-sale transactions in 4Q2025, compared with the 235 units transacted in the previous quarter. For the whole of 2025, there were 1,055 sub-sale transactions, compared with the 1,428 sub-sale transactions in 2024.
Tables: URA
For more property profiles and breaking news, visit City & Country’s microsite at theedgesingapore.com/cityandcountry
