1   The Urban Redevelopment Authority (URA) released today the real estate statistics for 1st Quarter 2025.

PRIVATE RESIDENTIAL PROPERTIES

Private residential market at a glance:

Prices and Rentals

2   Prices of private residential properties increased by 0.8% in 1st Quarter 2025, compared with the 2.3% increase in the previous quarter.

Property Price Index of private residential properties

3   Prices of landed properties increased by 0.4% in 1st Quarter 2025, compared with the 0.1% decrease in the previous quarter. Prices of non-landed properties increased by 1.0% in 1st Quarter 2025, compared with the 3.0% increase in the previous quarter. 

4   Prices of non-landed properties in Core Central Region (CCR) increased by 0.8% in 1st Quarter 2025, compared with the 2.6% increase in the previous quarter. Prices of non-landed properties in Rest of Central Region (RCR) increased by 1.7% in 1st Quarter 2025, compared with the 3.0% increase in the previous quarter. Prices of non-landed properties in Outside Central Region (OCR) increased by 0.3% in 1st Quarter 2025, compared with the 3.3% increase in the previous quarter (see Annex A-11).

5   Rentals of private residential properties increased by 0.4% in 1st Quarter 2025 after remaining unchanged in the previous quarter.