Private Home Prices Stabilize in Q2

The growth of private home prices in Singapore saw a slight increase of 0.5% in the second quarter of 2025, following a 0.8% rise in the first quarter. In the past three months, various factors such as the policies from the Urban Redevelopment Authority (URA) have contributed to this trend.

A total of 1,526 units were sold in the second quarter, a drop from 3,325 units during the same period last year. The prices reflected mixed sentiment in different regions, with some areas experiencing price declines. For example, the Core Central Region faced a decrease of 2.3%.

Market researchers indicated a slowdown due to challenges within the real estate sector. Transaction volumes fell significantly, indicating cautious buyer sentiment in the current market. Some industry experts warned of the impact of economic factors that could hinder future price growth.

Additionally, a potential new not-for-profit hospital has been proposed to address concerns about healthcare costs. Health Minister Ong Ye Kung mentioned that this initiative aims to alleviate pressures within the healthcare system.