Prices of non-landmarked properties increased by 0.8 % in the Core Central Region in the first quarter of 2025, up from the 2.6 % increase in the previous quarter.
Pricing increased by 1.7 per share in Q1 2025 for the Rest of Central Region, compared to the 3.0 per cent increase in the previous quarter.
Prices in the Outside Central Region increased by 0.3 % in the first quarter of this year, up from the previous quarter’s 3.3 % increase.
The performance in Q1 2025″ suggests that demand in the secret resale segment continues to be resilient despite economic headwinds,” says Mr. Sandrasegeran.
The figures, in general, “underline a continued recuperation and interest in the resale market, especially from buyers looking for move-in available homes in the face of limited fresh launch supply.”
RENTALS
In terms of the public housing market, HDB reported that the number of uses for renting out apartments increased by 12.3 % in the first quarter of 2025, increasing from 8, 603 situations in the previous quarter to 9, 662.
This represents a 2.8 % increase compared to the same period last year, according to HDB. A total of 59, 567 HDB flats were rented out as of the end of Q1 2025, up 0.9 % from 59, 043 products in the fourth quarter of that year.
According to URA, rent of private home qualities increased by 0.4 % in Q1 2025 after remaining intact in the previous quarter.  ,
Rentals of landed properties increased by 0.3 % in the first quarter of 2025, compared to the 1.8 % decrease in the previous quarter.
Rent for non-landed qualities increased by 0.5 % in Q1 2025, compared to the 0.2 % boost in Q4 2024.
In light of the questionable economic outlook, which may have an impact on the personal rental market, Ms. Christine Sun, chief scientist and planner at OrangeTee Group, claimed that some businesses may slow down their getting of foreigners.
” The declining supply of finished homes, along with the lowering of interest levels, which helps reduce business financing expenses, does mitigate a substantial rental price correction,” she said.  ,
Rentals of non-landed properties  increased by 0.4 % in the Core Central Region in Q1 2025, compared to the 0.9 % increase in the prior quarter.
Rentals in the Rest of Central Region increased by 0.4 % in Q1 2025 from the previous quarter, when they were 0.3 % higher.
Rentals for properties located outside the Central Region increased by 0.7 % in Q1 2025, compared to the 0.8 % decrease in the previous quarter.
Mr. Hutton claimed that these financial risks have improved the standing of Singapore as a safe shelter.
” Ultra-high-net-worth individuals may choose to travel to Singapore and hire out luxurious houses in the Core Central Region,” he said.
” The Core Central Region may experience a very small supply of finished homes in the next two years.” In the upcoming times, he added, tenants may see better rent growth.