Housing Market Insights in Singapore

Property cooling measures in Singapore are expected to persist in the near future due to ongoing demand factors supporting the housing market, according to UOB’s research head, Suan Teck Kin. During a recent conference, he highlighted the significant correlation between property price indices and the health of the Singapore economy.

He indicated that even though the private property market recorded growth for the third consecutive year, with an annual increase of 3.6% expected, the measures in place are not likely to change soon. In the first nine months of 2025, sales of new private homes reached 7,924 units, while 6,626 existing homes were sold, reflecting a strong demand trend.

Experts forecast that private home prices may see moderate growth, potentially reaching a 9% increase by the end of 2024. Analysts predict that sales will continue to be robust, with expectations for the market to clear at least 9,000 units by year-end, contributing to a multi-year high.