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Where are the best places to invest in Singapore right now? Is the Central Business District still the top pick, or are areas like Jurong East, Punggol, and Woodlands gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with property agents, developers, and clients who invest across the island. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Singapore and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
1) Woodlands is attracting interest with its transformation into a regional business hub, boosting property values and rental demand
Woodlands is turning heads as it transforms into a bustling regional business hub.
Thanks to the Urban Redevelopment Authority's (URA) ambitious plans, over 100 hectares in Woodlands are set for development into spaces for business, industry, research, and innovation over the next 15 years. This vision is a major factor in boosting property values and rental demand in the area.
The new Thomson-East Coast MRT Line has made Woodlands much more accessible, linking it seamlessly to key spots across Singapore. This improved connectivity is crucial for attracting both businesses and residents, positioning Woodlands as a strategic hub.
Exciting projects like the Northern Agri-Tech and Food Corridor, along with mixed-use developments such as Woodlands North Coast and Woods Square, are set to ramp up commercial and industrial activities. This vibrant mix of work and leisure is expected to further drive property demand.
Real estate analysts are optimistic, predicting a rise in residential construction, with more single-family and multifamily homes on the horizon. This growth aligns with the anticipated increase in property values and rental opportunities in Woodlands.
Sources: Norwood Grand, URA, URA Master Plan
2) Jurong East is gaining interest for its strategic location near the future Jurong Lake District, promising major commercial and residential growth
Jurong East is a hot spot because of its prime location near the future Jurong Lake District.
This area is set to become Singapore's second Central Business District, promising a boom in both commercial and residential spaces. The government is pushing forward with big plans, including the sale of a 6.5-hectare site in 2023. This will pave the way for about 1,700 new homes and a lot of office and retail space.
One major draw is its closeness to key transport hubs. The Jurong East MRT interchange is already a crucial link, and it’s about to get even better with the upcoming Jurong Region Line and Cross Island Line. This means getting around the island will be a breeze for both residents and businesses. Plus, the Integrated Transport Hub, set to be ready by 2028, will bring even more offices, community spaces, and shopping options.
Commercial growth is on the upswing here. The government has put a big site up for sale to a Master Developer, who will bring in smart urban solutions like district cooling and waste systems. This development will feature a mix of office and residential spaces to meet rising demand. And let's not forget the big shopping centers like JEM, Westgate, and IMM that make the area even more attractive.
Sources: JLL, The Straits Times, JLD Official Site
We made this infographic to show you how property prices in Singapore compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
3) Toa Payoh is gaining interest for its central location and government-led urban renewal plans boosting property values
Toa Payoh is buzzing with renewed interest, and it's no wonder why.
Its central location makes it a top pick for many, and the government's urban renewal plans are set to boost its charm even more. These plans are likely to enhance property values, making Toa Payoh a hot spot for buyers and investors alike.
In recent years, particularly in 2023 and 2024, HDB resale prices in Toa Payoh have been on the rise. For example, in the second quarter of 2024, prices jumped by 2.1%, marking the 17th straight quarter of increases. This steady climb highlights a strong demand for properties in the area, signaling a promising future for property values.
The government's Toa Payoh Town Renewal Programme is a major driver of this renewed interest. This initiative aims to revamp the town to meet modern standards, with upgrades to residential blocks, community facilities, and road networks. These enhancements are expected to make Toa Payoh even more appealing.
Adding to the excitement is the new integrated development slated for completion by 2030. This project will feature a sports centre, polyclinic, and public library, transforming Toa Payoh into a lifestyle hub. The increased amenities and services are likely to draw more buyers and further boost property values.
Sources: Mogul.sg, World Habitat, Channel News Asia, The Straits Times
4) Bukit Batok is gaining attention for its affordable homes and new residential projects with strong appreciation potential
Bukit Batok is catching eyes for its affordable housing and exciting new projects.
In recent years, especially around 2023 and 2024, the Housing and Development Board (HDB) noticed a significant increase in transactions in Bukit Batok. This surge was largely due to the launch of new Build-to-Order (BTO) projects. One standout project, West BrickVille@Bukit Batok, offered 689 units with a waiting time of just two years, making it one of the fastest available options from HDB.
When it comes to resale prices, Bukit Batok is a bargain compared to other areas. For example, the median resale price for a 3-room flat in Bukit Batok was $393,000, while in Bishan, it was $525,000. This price gap makes Bukit Batok a hot spot for those seeking affordable homes.
In October 2024, HDB announced new projects, launching 2,085 BTO flats across Bukit Batok and Sengkang. Nearly 70% of these flats were four and five-room units, perfect for families needing more space. The strategic location of these projects, like West BrickVille@Bukit Batok, situated between Bukit Batok Road and Bukit Batok West Avenue 8, adds to their attractiveness.
These developments are not just about numbers; they reflect a growing trend of families and individuals looking for larger living spaces without breaking the bank. The combination of affordable prices and strategic locations makes Bukit Batok a compelling choice for potential homeowners.
Sources: HDB Resale Price, Transactions & Resale Statistics | 99.co, Bukit Batok project in October BTO launch to be completed in just 2 years, HDB to launch over 2000 flats in Bukit Batok & Sengkang with shorter waiting times in Oct. 2024
One of our partners sent us this video where Bukit Batok’s affordable housing options and new BTO developments are discussed, showing the potential for property appreciation.
5) Tampines is thriving with its mature town amenities and closeness to Changi Business Park, boosting rental demand
Tampines is a hot spot for property seekers because it's a mature town with everything you need close by.
Living in Tampines means having easy access to schools, shopping centers, and parks, all of which are well-kept and convenient. This makes it a top choice for both families and renters looking for a place that has it all.
One big reason people are flocking to Tampines is its close proximity to Changi Business Park. With an impressive occupancy rate of 83.8% at the end of 2023, the business park is bustling with companies and employees. Many of these workers choose to live in Tampines to cut down on their commute and enjoy a better work-life balance.
Tampines has also benefited from major infrastructure upgrades, especially in public transport. The Tampines Bus Package offers multiple routes that connect the area to Changi Business Park and other important spots, making it even more appealing for professionals who need to get around easily.
All these factors combined make Tampines a prime location for rental demand, as more people look for convenient and well-connected places to live. The area's growth and development continue to attract new residents, keeping the rental market lively.
Sources: 99.co, Channel News Asia, Land Transport Guru
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6) Sengkang is gaining interest for its family-friendly vibe and improved connectivity with expanding public transport links
Sengkang is becoming a hot spot for families thanks to its friendly vibe and better transport links.
In recent years, property prices in Sengkang have surged, showing that more families are eager to settle here. This trend is driven by the area's mix of comfort and convenience, making it a top choice for those with kids.
Families love Sengkang for its abundance of parks and schools. These are key for parents who want good education and fun outdoor spaces for their children. Plus, having the Sengkang General and Community Hospitals nearby means easy access to quality healthcare, which is a big draw.
What really boosts Sengkang's appeal is the expansion of public transport links. New MRT lines, like the Cross Island Line, have made getting around the city a breeze. This is a huge benefit for working families who need to commute.
With these improvements, Sengkang offers a lifestyle that balances work and family life perfectly. It's no wonder more families are choosing to call this place home.
Sources: Singapore's Residential Property Market Analysis 2024, Train - Singapore - Ministry of Transport, Sengkang General and Community Hospital
7) Queenstown is gaining interest for its central location and rejuvenation projects boosting property values
Queenstown is a prime spot in Singapore due to its central location and ongoing rejuvenation projects.
Living in Queenstown means you're close to the Central Business District (CBD) and major job centers, making it a breeze for daily commutes. This convenience gives residents more time to relax and enjoy life outside of work.
Recently, Queenstown has become Singapore’s first Health District, weaving health and wellness into daily routines. This shift has attracted health-focused individuals and families, enhancing the area's charm.
The Queenstown MRT station and a vast network of bus routes make it super accessible, perfect for those who depend on public transport. This ease of movement is a big draw for potential homeowners.
Rejuvenation projects are in full swing, with plans for new parks, green spaces, and community facilities. These changes are expected to increase property values, making it a smart investment choice.
New commercial spaces, like revamped community centers and shopping malls, are set to boost local economic activity. This development, along with infrastructure upgrades, is creating a more vibrant environment for everyone.
Sources: Local Service, Jimmy Sum Blog, Wikipedia
8) Clementi is gaining interest for its closeness to schools and new mixed-use projects, boosting property values
Clementi is a hot spot for property buyers thanks to its strategic location near top educational institutions and exciting new developments.
Families and students are drawn to Clementi because it's close to the National University of Singapore and Singapore Polytechnic. This makes it a convenient choice for those who want to be near reputable schools like Nan Hua High School.
The area is buzzing with new mixed-use projects like The Clement Canopy and Clavon. These developments combine residential, retail, and commercial spaces, offering a variety of amenities that are expected to boost property values.
There's also a big government push to develop the Jurong Lake District into Singapore's second Central Business District. This is likely to have a positive impact on property prices in Clementi, given its proximity.
Connectivity is another big plus for Clementi. The upcoming Cross Island Line MRT will make it even easier for residents to get around, enhancing the area's appeal as a place to live.
With all these factors in play, Clementi is shaping up to be a prime location for property investment, offering both convenience and potential for appreciation.
Sources: Today Online, 99.co, Rently.sg
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Singapore. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
9) Yishun is booming with affordable housing and improved amenities and transport, enhancing its livability
Yishun is turning heads with its affordable housing options.
Over the last ten years, the average price of 5-room flats in Yishun has jumped by 31.1%, moving from $305 psf to $400 psf. This still makes it a bargain compared to other parts of Singapore, drawing in homebuyers who are on the hunt for value. The area is not just about cheaper homes; it's about getting more bang for your buck.
Yishun's appeal isn't just about prices. The area has seen a boost in amenities and transport. The Thomson-East Coast Line (TEL) has made getting around a breeze, solving the old problem of limited MRT access. With the addition of Springleaf MRT station, residents find commuting much easier, making daily life more convenient.
Looking ahead, the North-South Corridor is a game-changer, set to further enhance connectivity and make Yishun even more livable. This major transport project is expected to cut travel time significantly, which is a big win for those who work in the city but want to live in a quieter area.
Yishun is also getting a facelift with new integrated developments like Chong Pang City. These projects bring in pools, gyms, and fresh shopping spots, revitalizing the local scene and offering residents more leisure options right at their doorstep.
All these changes are making Yishun a more attractive place to live, with a mix of affordability and improved lifestyle options. It's no wonder more people are considering making a move to this northern neighborhood.
Sources: Channel News Asia, AsiaOne, TODAYonline
10) Pasir Ris is gaining attention for its coastal living and new integrated developments enhancing lifestyle options
Pasir Ris is becoming a hot spot for those who crave coastal living and exciting new developments.
In recent years, the area has seen a surge in property transactions, especially with the launch of Pasir Ris 8. This project is a game-changer, featuring a two-storey retail mall and a 487-unit condominium, packed with amenities that are drawing in new residents.
As more people flock to Pasir Ris, property prices are climbing, a clear sign of its growing popularity. The Pasir Ris 8 project has been a standout success, with Kerry Properties and Allgreen securing a major part of the development back in 2019, marking a significant milestone for the area.
The government is also stepping up with infrastructure improvements. The upcoming Integrated Transport Hub, slated to open in 2025, promises better transport links, making it easier for residents to get around the island.
This new hub will feature an air-conditioned bus interchange, replacing the old one, and is part of the government's broader efforts to revitalize older estates under the HDB’s Remaking Our Heartland (ROH) Programme.
With these developments, Pasir Ris is not just about the beach anymore; it's about a lifestyle upgrade, offering a blend of convenience and coastal charm that’s hard to resist.
Sources: Straits Times, Land Transport Guru, PropertySales.SG
11) Serangoon is popular for its vibrant community and top schools, attracting families seeking long-term homes
Serangoon is a hotspot for families, thanks to its vibrant community and popular schools.
Property prices in Serangoon have been climbing, with some areas nearing SGD 1,900 per square foot, showing just how in-demand this area is. Families are flocking here, drawn by the appealing living conditions and the promise of a great community.
One major draw for families is the availability of reputable schools. While specific enrollment numbers aren't available, schools like The Kid’s Academy highlight the strong demand for quality education, making Serangoon a top choice for families focused on their children's schooling.
Beyond education, Serangoon is packed with family-friendly amenities and activities. The Serangoon Community Park offers playgrounds and fitness corners, providing a perfect spot for family relaxation. The local public library and art studios add to the area's charm, offering a variety of activities for kids.
Families looking for a vibrant community life will find Serangoon's offerings hard to resist. The combination of educational opportunities and recreational facilities makes it an ideal place for long-term residence.
With its mix of schools, parks, and activities, Serangoon is a place where families can truly thrive, making it a highly sought-after location.
Sources: The Chuan Parks
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12) Punggol is booming with rapid development and new waterfront living, attracting young families and professionals
Punggol is buzzing in the real estate scene for good reasons.
With the rise of the Punggol Digital District, the area is transforming into a tech hub, drawing in tech-savvy professionals who are eager to live and work in a vibrant community. This influx is boosting demand for both homes and commercial spaces, making Punggol a sought-after location.
New residential projects are popping up, offering stunning waterfront views that are hard to resist. Take Waterfront II @ Northshore, for instance, where residents enjoy breathtaking sea views. These scenic living options are a magnet for young families and professionals seeking a unique lifestyle.
Property transactions in Punggol are on the rise, reflecting its growing popularity. Even with a slight moderation in private housing prices, Punggol remains a top choice. In 2023, a significant chunk of the 21,284 private residential units completed were in Punggol, underscoring its appeal.
Young families and professionals are particularly drawn to Punggol's blend of modern amenities and natural beauty. The area's rapid development and introduction of new waterfront living options are key factors in its allure.
As Punggol continues to evolve, it offers a dynamic mix of urban living and serene landscapes, making it an attractive destination for those looking to invest in property. The area's transformation is a testament to its potential as a thriving community.
Sources: Janice Ong SG, Stacked Homes, URA
Our team found this video showcasing the Punggol Digital District, emphasizing the integration of waterfront residential areas and new developments attracting young families and professionals.
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.