Private home prices have shown a modest yet steady rise, with a 0.5% increase quarter-on-quarter recorded in the second quarter of 2025. This continued upward trajectory builds on a 0.8% increase in the first quarter of 2025 and a more substantial 2.3% rise in the fourth quarter of 2024. The resilience of the private residential property market is notable, particularly in light of external pressures, including ongoing US tariffs that have been affecting buyer confidence.
Despite a decline in sales transactions, home prices have managed to maintain slight growth, suggesting a robust demand among buyers.
The Core Central Region (CCR) experienced the most significant price increase, soaring by 2.3%. This surge can be attributed to several premium property launches that have captivated buyer interest, reinforcing the notion that high-end developments continue to attract investment.
In contrast, the Outside Central Region (OCR) also saw a commendable rise, albeit more modest, at 0.9%. This indicates that while the central areas are witnessing high demand, the outskirts are not lagging far behind in terms of attracting buyers, reflecting a wider appeal for various property types across different regions.
Additionally, the landed housing segment demonstrated notable resilience with a price increase of 0.7% in the second quarter of 2025. This upward trend underscores the ongoing demand for landed properties, indicating that buyers are still willing to invest in this segment, which often provides more space and privacy compared to high-rise apartments.
The combination of stable pricing in the landed housing market and the overall rise in private home prices highlights a complex but healthy market dynamic.
Looking ahead, the forecast for the private residential property market remains optimistic, with an anticipated total price growth of 3% to 4% for the year 2025. This projection reflects a cautious yet positive outlook, indicating that despite current challenges, the market fundamentals remain intact.
Economic indicators suggest that as long as employment rates stabilize and consumer confidence gradually improves, the private home market could sustain its upward momentum.
NEW CONDO LAUNCH: THE ROBERTSON OPUS
The Robertson Opus is an exciting new condominium development set to launch in 2Q2025, located in a prime area of the Core Central Region.
With luxury units expected and a competitive price point, The Robertson Opus aims to attract discerning buyers despite current market challenges.
Interested individuals can explore The Robertson Opus Floor Plan and The Robertson Opus Project Details through the comprehensive The Robertson Opus E-brochure available online.
View The Robertson Opus Showflat & Get VVIP Discount. Register or contact 6100 8822 to book showflat appointment.
News Source: Edgeprop
Images are not actual photos. For illustration purpose only.
