Singapore Property Market Trends for Rental and Sale Insights

Market Considerations Across Rental & Sale Segments

Rental Market Pulse: Demand, Trends & Price Movements

Non-Landed 1BR Median Rent: D9, D10, D11 & CCR

Rental trends for non-landed 1-bedroom units across prime districts remain largely stable, with only modest upward movement in Districts 10 and 11 over the period. The CCR luxury 1-bedroom segment continues to maintain a significant premium while showing limited fluctuation.

Non-Landed 2BR Median Rent: D9, D10, D11 & CCR

Rental trends for non-landed 2-bedroom units remain broadly stable across the prime districts, with District 9 and the CCR showing gradual upward movement over the period. The CCR luxury 2-bedroom segment continues to hold a strong premium while remaining relatively steady.

Non-Landed 3BR Median Rent: D9, D10, D11 & CCR

Rental trends for non-landed 3-bedroom units show gradual upward movement across all prime districts over the period, with District 9 maintaining the highest rental levels among the core districts. The CCR luxury 3-bedroom segment remains elevated and relatively stable despite mild fluctuations.

Non-Landed 4BR Median Rent: D9, D10, D11 & CCR

Rental trends for non-landed 4-bedroom units remain relatively stable across the prime districts, with District 10 showing the strongest upward movement over the period. The CCR luxury 4-bedroom segment continues to hold at elevated levels with only mild fluctuations.

Terrace House Median Rent PSF: D9, D10, D11 & CCR

Rental trends for terrace houses show diverging movements across the prime districts, with District 9 recording the strongest upward growth over the period. Meanwhile, CCR overall remains relatively stable while Districts 10 and 11 show softer movement.

Semi-Detached Median Rent PSF: D9, D10, D11 & CCR

Rental trends for semi-detached houses show diverging movements across the prime districts, with District 10 recording gradual upward growth while District 11 trends downward over the period. CCR overall remains relatively stable despite the widening gap between districts.

Detached House Median Rent PSF: D9, D10, D11 & CCR

Rental trends for detached houses show gradual upward movement across the period, with District 10 recording the strongest growth and converging closely with CCR overall levels. District 11 remains comparatively stable with only modest increases over time.

Non-Landed Rental Transactions vs Vacant Units & CCR Absorption

Non-landed rental demand remains relatively stable across the prime districts, with transaction volumes showing only modest fluctuations between quarters. Vacancy levels and CCR absorption rates also remain broadly steady, indicating a balanced rental market environment.

Landed Rental Transactions vs Vacant Units & CCR Absorption

Landed rental demand remains relatively stable across the prime districts despite lower transaction volumes compared to the non-landed segment. Vacancy levels and CCR absorption rates show only modest movement, indicating a broadly balanced landed rental market.

Singapore Foreign Workforce by Work Pass Type

Singapore’s foreign workforce has grown steadily since 2021, driven mainly by increases in Work Permit holders, particularly domestic workers and lower-skilled segments. EP and S Pass numbers remain relatively stable in comparison, indicating controlled growth in higher-skilled workforce tiers. Overall expansion in foreign workforce supports sustained housing and rental demand, especially in the CCR.

Sale Price Trends: Regional and Prime District Movements

District 9, 10, 11, CCR vs Luxury Tier Residential: Sale PSF Trends

Sale PSF trends across the prime districts and CCR overall remain on a gradual upward trajectory over the period, with District 9 maintaining the highest pricing among the core districts. The ultra-luxury segment continues to show significant volatility while trading at a substantial premium above the broader market.

Ardmore Cluster: Sale PSF Price Trends

Sale PSF trends within the Ardmore Park premium cluster show diverging performance across developments, with Sculptura Ardmore and The Marq on Paterson Hill recording the strongest upward growth over the period. Ardmore Park remains comparatively stable, while Park Nova continues to show higher price volatility.

Orchard & Tanglin Enclaves: Sale PSF Trends

Sale PSF trends across Orchard and Tanglin prestige developments remain varied, with The Marq on Paterson Hill recording the strongest upward growth over the period. Les Maisons Nassim continues to trade at elevated pricing levels, while Tomlinson Heights, Four Seasons Park and Grange Residences show more gradual movement.

Singapore 3 Residential Main Regions: Sale PSF Trends

Sale PSF trends across Singapore’s three residential regions continue to move upward over the period, with the CCR maintaining a clear price premium over the RCR and OCR. Growth remains broad-based across all regions despite periodic fluctuations in pricing momentum.

Rental & Sale Market Trends: Key Insights Across Districts and Regions

Rental conditions across the prime districts remain broadly stable, with transaction volumes, vacancy levels and absorption rates showing balanced market conditions. Larger unit types and luxury segments continue to hold firm rental pricing across the CCR.

On the sales side, PSF trends across the CCR, RCR and OCR continue to move upward over the long term, with prime districts maintaining a clear pricing premium. Growth, however, has become more selective across individual developments and districts.

Within the luxury segment, performance remains increasingly project-driven, with ultra-prime developments showing stronger price volatility compared to the broader market. This suggests a market that is still supported by demand, but moving with greater differentiation across segments.

Key Takeaways

• Rental demand across both non-landed and landed segments remains broadly stable, with transaction volumes, vacancy levels and CCR absorption rates showing only modest fluctuations across recent quarters.

• Larger non-landed unit types, particularly 3- and 4-bedroom homes, continue to maintain firm rental levels across the prime districts, while landed rental PSF trends show diverging movements between Districts 9, 10 and 11.

• On the sales side, CCR continues to maintain a clear pricing premium over the RCR and OCR, with long-term PSF growth remaining intact across all three regions. Prime district pricing also continues to trend upward overall, although movements vary across districts and individual developments.

• Within the luxury segment, performance remains increasingly project-driven, with developments such as The Marq on Paterson Hill and Sculptura Ardmore showing stronger growth, while ultra-luxury pricing continues to experience higher volatility compared to the broader market.

• Overall, the market remains relatively stable, although pricing trends are becoming more differentiated across districts, property types and individual developments.

Disclaimer: Data is compiled from URA and approved sources, and we thrive to collect the data to our best and present the most accurate graphs. However, all information is provided for general reference only and may be subject to change.

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