Singapore’s property market is showing clear signs of moderation in Q2 2025, offering both challenges and opportunities for agents navigating this evolving landscape.
HDB Resale Market Trends
- Price Growth Slows: HDB resale flat prices rose 0.9% quarter-on-quarter in Q2 2025—the slowest pace since Q2 2020.
- Lower Transaction Volume: Resale transactions dipped 5% year-on-year, with 6,981 flats changing hands versus 7,352 in the same period last year.
- Resilient Segments: Despite the slowdown, larger flats and units in more affordable towns continue to attract solid interest.
- Temporary Dip in Demand: Search activity briefly declined amid reciprocal tariff announcements but rebounded strongly by May.
Private Residential Market Trends
- Price Increase Moderates: The URA Private Residential Property Price Index rose 0.5% in Q2 2025, easing from 0.8% growth in Q1.
- Significant Drop in Sales: Private property transaction volumes fell sharply—down about 40% quarter-on-quarter—largely due to fewer new launches.
Agent Recommendations
Manage Seller Expectations
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Educate sellers on the reality of a slower market to avoid overpriced listings that may linger unsold.
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Guide Buyers on BTO Choices
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Upcoming BTO launches mean more choices for buyers. Advise clients carefully, especially on restrictions tied to prime-location BTO flats.
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Highlight Private Market Resilience
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Emphasize that the private market remains stable, supported by lower interest rates. This could be a window of opportunity for buyers seeking value in a quieter market.
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Focus on CCR Stability
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The Core Central Region (CCR) is likely to remain robust, underpinned by upcoming new launches. Help clients explore opportunities in these prime segments.
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Key Takeaway for Agents:
While the market is moderating, proactive guidance and clear communication are crucial. Position yourself as a trusted advisor who helps clients navigate uncertainty and spot opportunities in both public and private housing segments.
