News > Singapore Property Market Snapshot - March 2025

Singapore Property Market Snapshot - March 2025

16 April 2025

Explore how Singapore Property Market performed in March 2025 below:

Hot Topics in Singapore Property Market March 2025

1. Pair of Chinatown shophouses for sale at $35.7 mil.

A pair of conservation shophouses at Pagoda Street in Chinatown are up for sale through an expression of interest (EOI) exercise. The three-storey properties have a guide price of $35.7 million, which translates to $3,897 psf on the existing floor area of 9,162 sq ft. Read more >>

2. HDB slashes barriers, giving young couples a leg up on homeownership.

HDB in Singapore introduces new measures to make housing more accessible for young couples, easing financial burdens and offering flexibility. Changes include expanded Deferred Income Assessment and staggered down payment scheme, in addition to increased flat supply and reduced waiting times. Read more >>

3. HDB resale prices rise at a slower 1.5% pace in Q1.

HDB resale prices in Singapore increased by 1.5% in the first quarter of 2025, showing signs of moderation compared to previous quarters. The slower price growth was influenced by factors like a record low number of flats reaching the minimum occupation period and a large Sale of Balance Flats exercise. Read more >>

4. Public and private property price growth shows signs of moderation in Q1.

Singapores property market shows signs of moderation as resale HDB and private home prices grow at a slower pace in the first quarter of 2025. Alluding to increased housing supply, the HDB resale price index grew by 1.5%, the lowest in five quarters, while private residential prices increased by 0.6%. Read more >>

Price Indexes

*Index value is 1 at year 2008

Price Indexes shown are powered by REA Property Price Index - an accurate and objective indicator of the real estate market performance. Read more about our index here.

1. Residential Property Price Index (Condo, HDB, Landed)

2. Commercial Price Index (Office)

Residential Property Snapshot

1. Top 5 Districts with highest Month on Month (M-o-M) Index Change

2. Top 5 most popular Condo projects in March 2025

For Condo new sale, the most popular projects with highest transaction volume in March are: Aurelle of Tampines, Lentor Central Residences, Novo Place, Pinetree Hill and Aurea.

For Condo resale, the most popular projects are: Hundred Palms Residences, Parc Esta, The Tapestry, Stirling Residences and Parc Clematis.

Definitions by URA :

*New Sale: The sale of a unit direct by a developer before the issuance of the Certificate of Statutory Completion and the Subsidiary Strata Certificates of Title or the Certificates of Title for all the units in the development.

*Resale: The sale of a unit by a developer or subsequent purchaser after the issuance of the Certificate of Statutory Completion and the Subsidiary Strata Certificates of Title or the Certificates of Title for all the units in the development.

3. Top 5 most popular projects (HDB) in March 2025

The most popular HDB projects with highest transaction volume in March are: Tampines Greenweave, Eastcreek @ Canberra, Eastdelta at Canberra, Tampines Greenview and Fernvale Woods.

4. Top 5 highest transacted price (Condo) in March 2025

The most expensive Condo transaction in March 2025 is a 6-bedroom penthouse resale unit at St Thomas Suites, which was sold at $16.03 million for a total area of 7,685 sqft ($2,086 PSF).

5. Top 5 Transactions by Annualised Capital Gain/Loss in March 2025

The most profitable Condo transaction in March 2025 happened at The Petals in D23 after being held for 4.6 years, recording an 18.37% annualised gain.

The highest annual loss percentage of the month was seen in a unit at The Octet in D14 after a holding period of just 1 year, which recorded an annual loss of 7.69%.

Residential Listings (Condo, HDB, Landed) October 2024 - March 2025

*New Listing: the total number of listings that are newly added in that particular time period

Commercial Snapshot

1. Top 5 Office and Retail Sale (by volume and transacted price) (January 2025 - March 2025)

2. Top 5 Shophouses with Highest Transacted Price (Sale and Rent) in March 2025

*The data presented in this monthly report is accurate as of 17 April 2025. While we strive to provide the most up-to-date information available, it is important to note that there may be a small percentage of transactions that experience delays in reporting from the respective agencies and government sources. Therefore, the data provided should be interpreted with this in mind, and you are encouraged to verify the latest information for your specific needs.

*All analytical and visually interpreted data in this report is powered by RealAgent, a comprehensive app for real estate professionals. It offers a blend of property information, real-time transaction data, and advanced analytics, ensuring accurate and up-to-date insights for our report. Find out more about RealAgent here.

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Continue to read our previous monthly reports:

Singapore Property Market Snapshot - February 2025

Singapore Property Market Snapshot - January 2025

Singapore Property Market Snapshot - December 2024

Singapore Property Market Snapshot - November 2024