Private homes prices to grow up to 7% in 2025

Developers may sell 7,000–8,000 units in 2025, with resale sales at 10,000–12,000 units.

The prices of private residential units in 2025 are expected to grow between 4% and 7%, supported by strong economic growth, Huttons revealed.

Huttons expressed cautious optimism for improved performance in the new sales market in 2025, noting that some unsatisfied demand from 2024 could carry over to launches in the first quarter of 2025.

Developers are projected to sell between 7,000 and 8,000 units in 2025, whilst the resale market is expected to record sales of around 10,000 to 12,000 units.

Meanwhile, 22 new projects are expected in 2025, adding 11,787 units, including Aurelle of Tampines (760 units) and an EC at Plantation Close (560 units), Huttons said,

The Core Central Region could see up to 2,533 units launched in 2025, with notable projects like Aurea, Holland Drive, Marina View Residences, Orchard Boulevard, River Valley Green, and Robertson Walk.

The Rest of Central Region is expected to add 2,994 units, similar to the 2,900 units launched in 2024, with key projects such as Arina East Residences, Bloomsbury Residences, Margaret Drive, and The Orie.

The Outside Central Region may deliver 3,595 units, around 10% more than the 3,270 units launched in 2024, including projects like Bagnall Haus, Lentor Central Residences, and Parktown Residence.

To meet strong demand, Huttons said the government may increase its 1H 2025 GLS supply by 10% to 5,500 units.

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