All sources have been thoroughly verified for credibility. Furthermore, an industry specialist has reviewed and approved the final article.
Everything you need to know before buying real estate is included in our Singapore Property Pack
Thinking about buying a 3-bedroom apartment in Orchard? It’s a great area, but you're probably wondering: is now the right time to buy, or should you wait for prices to drop?
And what about long-term investment—should you look into other districts like Marina Bay or Sentosa where property values might appreciate more over time?
In this article, we’ll answer these questions. We know this market quite well - and we have put all our knowledge in the Singapore Property Pack.
Will property prices increase in Singapore in 2025?
Yes, property prices in Singapore are expected to rise in 2025, driven by a combination of high demand and a limited supply of housing.
Backed by our fresh, in-depth market analysis, we’re confident that Singapore remains one of the hottest cities globally for both domestic and international investors.
Sure, there are some economic bumps like inflation and rising interest rates, but the main drivers behind Singapore’s price growth aren’t going anywhere.
Demand, especially in the prime central areas, still outstrips supply by a mile, making any major price dips a long shot. And let’s not forget—Singapore’s status as a global financial hub keeps drawing in buyers from around the world.
Signals pointing to a property price increase in Singapore
Here are some factors suggesting prices could increase:
The limited availability of land for new developments in Singapore continues to constrain supply, which is likely to push property prices higher as demand remains strong.
Singapore's strategic location and status as a global financial center continue to attract international investors, contributing to sustained demand for property.
Government initiatives to enhance infrastructure, such as new MRT lines and urban redevelopment projects, are expected to increase the attractiveness of certain areas, driving up property values.
The ongoing trend of urbanization and population growth in Singapore is expected to maintain pressure on housing demand, supporting price increases.
Singapore's stable political environment and strong economic fundamentals make it a safe haven for property investment, attracting both local and foreign buyers.
Signals pointing to a property price decrease in Singapore
Here are some factors suggesting prices could fall:
Rising interest rates could make mortgage financing more expensive, potentially dampening demand from some segments of the market.
Economic uncertainties, such as global trade tensions or a slowdown in economic growth, could impact buyer confidence and reduce demand for property.
Government cooling measures, such as additional buyer's stamp duty or loan restrictions, could be implemented to curb excessive price growth, potentially leading to a slowdown in the market.
Get fresh and reliable information about the market in Singapore
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.
If property prices go up in Singapore, how much would they increase by?
If real estate prices in Singapore were to rise in 2025, the increase would likely be between 3% to 7% of their 2024 values.
Typically, real estate in dynamic, mature markets like Singapore appreciates by approximately 3% to 7% annually over the long term. However, fluctuations can occur depending on factors such as location, economic conditions, and property type.
It means that, if you spot a lovely 2-bedroom condominium in Orchard for SGD 1,500,000 today, don't be surprised if it's priced between SGD 1,545,000 and SGD 1,605,000 this time next year.
To give you a better understanding, here is a table that shows 7 types of Singaporean real estate properties, their estimated prices in 2024, and projections for 2025 based on potential price increases of 3%, 5%, and 7%.
| Type of Property | Average Price in 2024 (SGD) | Price in 2025 (3% increase) | Price in 2025 (5% increase) | Price in 2025 (7% increase) |
|---|---|---|---|---|
| Condominium (60 sqm / 646 sqft) | SGD 1,200,000 | SGD 1,236,000 | SGD 1,260,000 | SGD 1,284,000 |
| HDB Flat (75 sqm / 807 sqft) | SGD 600,000 | SGD 618,000 | SGD 630,000 | SGD 642,000 |
| Luxury Penthouse (100 sqm / 1,076 sqft) | SGD 3,500,000 | SGD 3,605,000 | SGD 3,675,000 | SGD 3,745,000 |
| Studio (30 sqm / 323 sqft) | SGD 400,000 | SGD 412,000 | SGD 420,000 | SGD 428,000 |
| Loft (80 sqm / 861 sqft) | SGD 1,800,000 | SGD 1,854,000 | SGD 1,890,000 | SGD 1,926,000 |
| Terrace House (150 sqm / 1,615 sqft) | SGD 4,000,000 | SGD 4,120,000 | SGD 4,200,000 | SGD 4,280,000 |
| Investment Property (50 sqm / 538 sqft) | SGD 900,000 | SGD 927,000 | SGD 945,000 | SGD 963,000 |
Everything you need to know is included in our Property Pack for Singapore
If real estate prices go up in Singapore, which areas are likely to see the biggest increases?
Today, people who want to move to Singapore desire modern conveniences and vibrant social scenes, which Orchard Road delivers. Hence, we could see a price increase there in 2025.
Also, lately, there's been a shift toward more youthful, vibrant neighborhoods, and Tiong Bahru has really taken off.
We like it when information is clear and easy to digest. So, here’s a table that highlights the areas where prices might rise the most, along with the reasons behind those expected increases. It’s very high-level. If you want more details on a specific area, please check our real estate pack tailored to the Singaporean market.
| Neighborhood | Level of Increase | Why |
|---|---|---|
| Orchard Road | High | Recent development of luxury housing projects and its increasing appeal to international buyers as travel normalizes post-pandemic, driving demand. |
| Marina Bay | High | Expected rise due to limited housing stock, upcoming renovations to iconic buildings, and growing demand for prime properties in central Singapore. |
| Tiong Bahru | Medium-High | Ongoing gentrification and new transport links, along with several planned redevelopment projects in the area, are likely to push prices higher. |
| Raffles Place | Medium | The shift towards hybrid workspaces is driving demand for residential properties near business districts, combined with new mixed-use developments. |
| Bukit Timah | Medium-High | Eco-friendly urban projects and recent construction of new schools and parks are increasing its attractiveness for families, pushing prices upward. |
| Holland Village | Medium | Investment in local infrastructure, such as the extension of MRT lines and renovation of historic areas, is boosting long-term value. |
| Kampong Glam | Medium-High | With new cultural and commercial spaces being developed, this trendy neighborhood is seeing increased demand from both residents and investors. |
| Sentosa Cove | High | Upcoming large-scale urban regeneration projects and improved public transport access are expected to make this area more desirable. |
| Punggol | Medium-High | Its proximity to nature, along with new residential developments, makes it increasingly attractive to families seeking more space. |
| Chinatown | Medium | Gentrification and cultural regeneration projects are attracting new residents, leading to rising prices as the area becomes more fashionable. |
| Tanglin | High | As new luxury developments are launched, demand for premium housing among wealthy buyers is expected to further increase property values. |
| Clarke Quay | High | Upcoming restoration of historic sites and high-profile cultural projects are driving a renewed focus on this central, vibrant location. |
If I'm looking to invest in real estate, what types of properties should I focus on for the best value appreciation?
In 2025, Singapore real estate trends focus on tech-smart, energy-efficient apartments, larger suburban homes for families, properties with outdoor spaces, and eco-friendly buildings—all driving higher demand and prices. Here is a summary.
- Tech-Equipped and Energy-Efficient Apartments:
Driven by remote work and sustainability trends, these homes offer smart technology features and energy-saving systems. They cater to young professionals and tech workers, making them a hot commodity in 2025.
- Family-Sized Apartments in Suburban Areas:
With a growing demand for larger living spaces, especially among families, suburban areas near Singapore's city center are seeing increased interest. Proximity to green spaces and reputable schools is a major factor driving value.
- Properties with Outdoor Spaces:
Post-pandemic, outdoor spaces like terraces, balconies, or gardens have become highly desirable. In dense cities like Singapore, these features offer a much-needed escape and are likely to drive up property values.
- Eco-Friendly Buildings with Low Carbon Footprints:
Singapore's commitment to sustainability is boosting demand for eco-certified buildings. Buyers are increasingly valuing properties that align with the city’s green goals, leading to price appreciation in this category.
Make a profitable investment in Singapore
Better information leads to better decisions. Save time and money. Download our guide.
