I know what’s probably on your mind — what’s really going on with the market?
If you’re trying to make sense of the Singapore property market 4Q 2025, let me walk you through the key questions people are asking, and give you clear, no-fluff answers on what happened and what it may mean heading into 2026.

Did private home prices fall in 4Q 2025?

Ans: No. Prices remained firm.

In the Singapore property market 4Q 2025, URA’s Flash Estimates show the overall private residential price index rose 0.7% quarter-on-quarter.Even with softer year-end activity, prices held steady instead of pulling back.

Why did transactions slow down?

Ans; Mainly due to the year-end lull.

Total private residential transactions fell to 5,399 units, down 27.1% from 3Q.
This is typical for December, when launches slow and many buyers pause during the festive period.

In the context of the Singapore property market 4Q 2025, lower volume reflected timing — not weakening demand.

What happened to non-landed home prices?

Ans: They were largely stable, with differences across regions.

Within the Singapore property market 4Q 2025, non-landed prices edged down slightly by 0.1% q-o-q, but regional performance varied:

• CCR: –3.2% q-o-q
  Fewer big-ticket transactions led to price adjustments in the prime segment.

• RCR: +0.7% q-o-q
  City-fringe homes continued to attract upgrader and own-stay demand.

• OCR: +1.0% q-o-q
  Suburban homes remained resilient, supported by affordability.

Demand didn’t disappear — it shifted by location.

How did landed homes perform?

Ans: Landed homes outperformed the broader market.

The Landed Property Price Index rose 3.5% q-o-q in 4Q 2025, supported by limited supply and upgrader demand.

This trend reinforces a familiar pattern within the Singapore property market 4Q 2025 — well-located landed homes continue to show structural resilience.

Is the current market favouring buyers or sellers?

Ans: It’s a balanced and selective market.

• Buyers are cautious and value-driven

• Sellers need realistic expectations

• Well-priced homes are still transacting

Rather than rushing decisions, participants in the Singapore property market 4Q 2025 are taking a more considered approach.

What does the 2026 supply pipeline look like?

Ans: Supply is gradually increasing.

There are 4,575 private residential units in the 1H 2026 GLS Confirmed List.
This should support a steady flow of new homes and help moderate price movements.

What’s the outlook going into 2026?

Ans: Analystsexpects the private residential sector to remain resilient, with moderate price growth rather than sharp swings.

In practical terms, this points to a more measured and selective market in 2026 — not a boom, and not a downturn.

Several factors are shaping this outlook:

• Price resilience
  Even with slower transaction volumes in late 2025, prices held firm. This suggests underlying demand remains intact, supported by owner-occupiers and upgraders rather than speculative buying.

• More supply, but not oversupply
  The 1H 2026 GLS Confirmed List introduces additional private residential units, which should help meet demand without flooding the market. This reduces the risk of sudden price spikes, while also limiting sharp corrections.

• Buyers are more discerning
  Buyers are taking more time to compare options, assess value, and focus on liveability, location, and long-term suitability. Well-located and well-designed homes are still attracting interest, while weaker offerings may take longer to move.

• Sellers need realistic expectations
  In a market with moderate growth, pricing becomes more important than timing. Homes that are priced in line with market realities are still transacting, while over-ambitious pricing can lead to longer holding periods.

For both buyers and homeowners, micro-trends will matter more than headline numbers.
Factors such as location, property type, project fundamentals, and buyer profile are likely to play a bigger role in decision-making than broad market averages.

In short, 2026 is shaping up to be a year where clarity, strategy, and understanding the nuances of the market matter more than chasing short-term movements.

If you’re a homeowner or seller looking to make sense of your options, I’ve put together a free Seller Handbook that walks you through pricing, timing, and the current market.
You can fill in the form here to download it, or reach out to me directly if you’d like a more personalised discussion about your property.

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Source: URA Flash Estimates, ERA Research (4Q 2025)

Disclaimer: The information shared in this article is based on publicly available data from URA Flash Estimates and ERA Research as at 4Q 2025.
Market conditions, policies, and pricing may change over time. This content is intended for general information and educational purposes only and should not be relied upon as financial, investment, or property advice. Readers are encouraged to assess their own circumstances and seek professional advice where appropriate.