Private home prices in Singapore rose 0.6% quarter-on-quarter in Q4 2025, below the preliminary estimate of 0.7% and following a 0.9% increase in the previous quarter. This marked the fifth consecutive quarter of growth, albeit at the slowest pace in the sequence. The moderation came as faster rises in landed property prices (3.4% vs 1.4% in Q3) partly offset a slight decline in non-landed property prices (-0.2% vs 0.8%). For the full year of 2025, home prices moderated to 3.3%, lower than earlier estimates of 3.4%, marking the smallest annual increase since 2020. Home prices grew by 3.9% and 6.8% in 2024 and 2023, respectively. This was also significantly lower than the 8.6% increase in 2022 and the 10.6% rise in 2021. The slowdown in home prices last year was weighed down by a moderation in non-landed prices, which rose 2.3%, easing from 4.7% in 2024, despite landed home prices increasing 7.6%, sharply accelerating from a 0.9% rise in 2024. source: Urban Redevelopment Authority

House Price Index MoM in Singapore decreased to 0.60 percent in the fourth quarter of 2025 from 0.90 percent in the third quarter of 2025. House Price Index MoM in Singapore averaged 1.71 percent from 1975 until 2025, reaching an all time high of 27.60 percent in the first quarter of 1981 and a record low of -14.10 percent in the first quarter of 2009. This page includes a chart with historical data for Singapore Residential Property Price Index MoM. Singapore Residential Property Price Index MoM - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

House Price Index MoM in Singapore decreased to 0.60 percent in the fourth quarter of 2025 from 0.90 percent in the third quarter of 2025. House Price Index MoM in Singapore is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Residential Property Price Index MoM is projected to trend around 0.70 percent in 2027 and 0.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-02 12:30 AM
URA Property Index QoQ Prel
Q4 0.7% 0.9% 0.7%
2026-01-23 12:30 AM
URA Property Index QoQ Final
Q4 0.6% 0.9% 0.7% 0.7%
2026-04-01 12:30 AM
URA Property Index QoQ Prel
Q1 0.6%


Related Last Previous Unit Reference
Home Ownership Rate 90.80 89.70 percent Dec 2024
URA Property Index 0.60 0.90 percent Dec 2025
Housing Index 216.40 215.10 points Dec 2025
New Home Sales 197.00 325.00 Units Dec 2025
Residential Property Prices 5.08 3.45 Percent Sep 2025


Singapore Residential Property Price Index MoM
In Singapore, Housing Index is measured by all residential property price index.
Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.90 27.60 -14.10 1975 - 2025 percent Quarterly
NSA 2009Q1=100

News Stream
Singapore Q4 Home Prices Revised Downward
Private home prices in Singapore rose 0.6% quarter-on-quarter in Q4 2025, below the preliminary estimate of 0.7% and following a 0.9% increase in the previous quarter. This marked the fifth consecutive quarter of growth, albeit at the slowest pace in the sequence. The moderation came as faster rises in landed property prices (3.4% vs 1.4% in Q3) partly offset a slight decline in non-landed property prices (-0.2% vs 0.8%). For the full year of 2025, home prices moderated to 3.3%, lower than earlier estimates of 3.4%, marking the smallest annual increase since 2020. Home prices grew by 3.9% and 6.8% in 2024 and 2023, respectively. This was also significantly lower than the 8.6% increase in 2022 and the 10.6% rise in 2021. The slowdown in home prices last year was weighed down by a moderation in non-landed prices, which rose 2.3%, easing from 4.7% in 2024, despite landed home prices increasing 7.6%, sharply accelerating from a 0.9% rise in 2024.
2026-01-23
Singapore Q4 Home Prices Rise the Least in 5 Quarters
Private home prices in Singapore increased 0.7% quarter-on-quarter in Q4 2025, following a 0.9% rise in the previous quarter, preliminary estimates showed. This marked the fifth consecutive quarter of growth, albeit at the softest pace in the sequence. The moderation came as faster rises in landed property prices (3.5% vs 1.4% in Q3) partly offset a slight decline in non-landed property prices. Non-landed property prices edged down 0.1%, reversing a 0.8% rise in Q3, weighed by a decline in the Core Central Region (-3.2% vs 1.7%), partly offset by faster increases in the Rest of Central Region (0.7% vs 0.3%) and the Outside Central Region (1.0% vs 0.8%). For the whole of 2025, home prices moderated to 3.4%, marking the smallest annual increase since 2020.
2026-01-02
Singapore Q3 Private Home Prices Revised Downward
Private home prices in Singapore rose 0.9% qoq in Q3 2025, revised down from the preliminary estimate of 1.2% and below the 1.0% increase in the previous quarter. This marked the fourth consecutive quarter of growth, albeit at a softer pace. The moderation was most evident in landed property prices, which rose 1.4% compared with 2.2% in Q2. Meanwhile, non-landed property prices accelerated slightly (0.8% vs 0.7% in Q2), driven by a rebound in the Rest of Central Region (0.3% vs -1.1%). In contrast, prices in the Core Central Region (1.7% from 3.0%) and Outside Central Region (0.8% from 1.1%) both recorded softer growth. In a statement, the government said it will continue to monitor economic and property market conditions closely and ensure adequate private housing and commercial space to meet the needs of the population and the economy.
2025-10-24