Everything you need to know about the rise in Singapore private residential prices

Prices rose for the fourth consecutive quarter by 0.9% in Q3.

According to a Savills report, the continual strong demand for private residential properties in Singapore led to prices rising.

“In Q3/2025, the URA property index for all private residential properties grew for the fourth consecutive quarter by 0.9% QoQ, a slight moderation from the 1.0% registered in Q2/2025,” the report noted.

Here’s more from Savills:

While the increase in landed home prices slowed down from 2.2% in Q2/2025 to 1.4% in Q3/2025, the QoQ growth in nonlanded home prices inched up slightly to 0.8% from 0.7% in the previous quarter. For landed homes, this was the third consecutive quarter of increase, while this was the ninth consecutive quarter of growth for non-landed homes. The continual price increase in price of non-landed homes is likely to be largely attributed to the higher prices of new launches.

Across the three market segments of nonlanded properties, the largest quarterly price growth was seen in the CCR, with the QoQ increase at 1.7%. In the previous quarter, the rise was sharper, at 3.0%. This was the fourth consecutive quarter of increase and was likely due to the success of the new launches in this area.

In a similar light, prices of non-landed homes in the OCR grew further by 0.8% QoQ in Q3/2025, which was also a slowdown from the 1.1% in Q2/2025. For non-landed homes in RCR, prices rebounded after a brief decline of 1.1% in the previous quarter, with an increase of 0.3% in Q3/2025.

On a YoY basis, non-landed home prices in all three market segments continued to exhibit positive changes. Nevertheless, the moderation of price growth on a quarterly basis may mean that prices of residential homes may be plateauing for now.

For the basket of luxury non-landed private residential projects tracked by Savills, prices remained largely stable, with a marginal QoQ increase of 0.3% to S$2,626 per sq ft. This was the fourth consecutive quarter of increase. On a YoY basis, prices grew by a faster pace of 1.7% in Q3/2025, after the 0.9% in Q2/2025. This was also the largest YoY increase since Q3/2023 when prices expanded by 2.2%.