- Total of 13,406 transactions recorded in August 2025 (+0.3% MoM).
- Median sale price per square foot: $2,138, up 8.3% from last month.
- Median monthly rent: $4,500 (+0.0% MoM).
- Most active district: District 26 (Upper Thomson, Springleaf) with 912 sales.
- Highest gross yield: 3.45% in the CCR segment.
Based on URA REALIS data, the Singapore private residential market recorded 13,406 total transactions in August 2025, up 0.3% from the previous month. Sales volume stood at 3,908 units with a median price of $2,138 per square foot, while the rental market saw 9,498 leases at a median rent of $4,500/month. For an overview of the buying process, see our JTC Industrial Property Investment — B1 vs B2, Yields & Rules.
Highest-Value Transactions
The top 5 transactions by total price in August 2025:
| Project | District | Price | PSF | Size (sqft) | Type |
|---|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | D9 | $75,000,000 | $4,173 | 17,974 | Resale |
| CAPITOL PARK | D11 | $55,000,000 | $3,955 | 13,906 | Resale |
| 21 ANDERSON | D10 | $52,250,000 | $4,999 | 10,452 | New Sale |
| LANDED HOUSING DEVELOPMENT | D10 | $26,500,000 | $3,153 | 8,406 | Resale |
| CHIKU MANSIONS | D15 | $22,230,000 | $2,138 | 10,398 | Resale |
Key Figures at a Glance
Sales Market Deep Dive
The private residential sales market recorded 3,908 transactions in August 2025, representing an increase of 40.1% month-on-month and up 109.0% year-on-year. The median price per square foot was $2,138 (up 8.3% MoM), while the median transaction price stood at $1,849,750.
Transaction Mix: Resale: 1,522 (38.9%) · New Sale: 2,299 (58.8%) · Sub Sale: 87 (2.2%)
Segment Performance: CCR, RCR & OCR
Performance across Singapore's three market segments shows differentiated pricing and demand patterns.
| Segment | Sales Vol. | Median PSF | Rentals | Median Rent | Gross Yield |
|---|---|---|---|---|---|
| CCR (Core Central Region) | 748 | $3,009 | 2,908 | $5,700 | 3.45% |
| RCR (Rest of Central Region) | 983 | $2,476 | 3,194 | $4,500 | 2.49% |
| OCR (Outside Central Region) | 2,177 | $2,008 | 3,396 | $4,000 | 2.87% |
For a deeper comparison, see Novena vs Bishan: Family Heartland Comparison.
Top Districts by Activity
The most active districts by sales volume in August 2025:
| District | Area | Segment | Transactions | Median PSF |
|---|---|---|---|---|
| District 26 (Upper Thomson, Springleaf) | Upper Thomson, Springleaf | OCR | 912 | $2,167 |
| District 9 (Orchard, Cairnhill, River Valley) | Orchard, Cairnhill, River Valley | CCR | 556 | $3,071 |
| District 3 (Queenstown, Tiong Bahru) | Queenstown, Tiong Bahru | RCR | 382 | $2,889 |
| District 27 (Yishun, Sembawang) | Yishun, Sembawang | OCR | 281 | $1,962 |
| District 19 (Serangoon Garden, Hougang, Punggol) | Serangoon Garden, Hougang, Punggol | OCR | 223 | $1,582 |
Notable Transactions
The highest-value transactions by price per square foot in August 2025:
| Project | District | PSF | Price | Size (sqft) | Type |
|---|---|---|---|---|---|
| 21 ANDERSON | D10 | $4,999 | $52,250,000 | 10,452 | New Sale |
| 21 ANDERSON | D10 | $4,692 | $21,060,160 | 4,489 | New Sale |
| LANDED HOUSING DEVELOPMENT | D9 | $4,642 | $8,000,000 | 1,723 | Resale |
| BOULEVARD 88 | D10 | $4,392 | $7,800,000 | 1,776 | Resale |
| LANDED HOUSING DEVELOPMENT | D9 | $4,173 | $75,000,000 | 17,974 | Resale |
| BOULEVARD 88 | D10 | $4,041 | $5,307,000 | 1,313 | Resale |
| BOULEVARD 88 | D10 | $4,002 | $5,254,800 | 1,313 | Resale |
| TOMLINSON HEIGHTS | D10 | $3,971 | $10,900,000 | 2,745 | Resale |
| BOULEVARD 88 | D10 | $3,959 | $11,079,000 | 2,799 | Resale |
| CAPITOL PARK | D11 | $3,955 | $55,000,000 | 13,906 | Resale |
Rental Market Snapshot
The rental market recorded 9,498 leases in August 2025, down 10.2% month-on-month. The median monthly rent was $4,500 (up 0.0% MoM).
Median Rent by Bedroom Type:
| Type | Median Rent |
|---|---|
| 1BR | $3,300 |
| 2BR | $4,200 |
| 3BR | $5,500 |
| 4BR | $8,800 |
| 5BR | $10,250 |
| 6BR | $22,000 |
| NA | $5,850 |
Most Active Rental Projects:
| Project | Leases |
|---|---|
| LANDED HOUSING DEVELOPMENT | 181 |
| NON-LANDED HOUSING DEVELOPMENT | 123 |
| MIDTOWN MODERN | 62 |
| PARK COLONIAL | 59 |
| THE SAIL @ MARINA BAY | 55 |
Planning to rent? Check out our Buy vs Rent: Finding Your Break-Even Point.
6-Month Price Trends
Tracking median PSF and rent over the past six months reveals the underlying trend beyond monthly noise.
| Month | Median PSF | Median Rent |
|---|---|---|
| 2025-03 | $1,798 | $4,300 |
| 2025-04 | $1,906 | $4,419 |
| 2025-05 | $1,830 | $4,300 |
| 2025-06 | $1,814 | $4,300 |
| 2025-07 | $1,973 | $4,500 |
| 2025-08 | $2,138 | $4,500 |
Market volatility assessment: Volatile (based on 6-month coefficient of variation of median PSF).
Supply & Demand Signals
Primary vs Secondary Market: New launches accounted for 2,299 units (58.8% of total), while resales made up 1,522 transactions and 87 sub-sales were recorded.
Unit Size Demand: 5BR+: 260 (6.7%) · 4BR: 362 (9.3%) · 1BR: 1,094 (28%) · 2BR: 943 (24.1%) · 3BR: 1,053 (26.9%) · Studio: 196 (5%)
Price Distribution: $500K-1M: 169 · $1M-1.5M: 934 · $1.5M-2M: 1,210 · $2M-3M: 1,012 · $3M+: 583
Explore our latest Condos with Best Views in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) for featured developments.
Outlook & What to Watch
In 2025, the market is adjusting to a normalising interest rate environment as MAS SORASORA rates gradually ease from their peak, supporting buyer sentiment.
Key takeaways for August 2025:
- Prices are trending upward with median PSF rising 8.3% month-on-month.
- Rents are holding firm with median rent up 0.0% MoM.
- New launches dominated the market, suggesting strong developer confidence and buyer appetite for new projects.
- The CCR-to-OCR price premium stands at approximately 50%, near historical averages.
Useful resources: How to Compare Mortgage Loan Packages · SSD Explained: Seller's Stamp Duty and Holding Periods
Bedroom Type Analysis
Prices and rents broken down by unit type help buyers identify value across different bedroom configurations.
| Bedroom | Median Sale Price | Median Rent | Est. Gross Yield |
|---|---|---|---|
| 0 | $1,044,444 | -- | -- |
| 1 | $1,455,000 | -- | -- |
| 1BR | -- | $3,300/mo | -- |
| 2 | $1,728,000 | -- | -- |
| 2BR | -- | $4,200/mo | -- |
| 3 | $2,222,000 | -- | -- |
| 3BR | -- | $5,500/mo | -- |
| 4 | $3,219,500 | -- | -- |
| 4BR | -- | $8,800/mo | -- |
| 5 | $5,000,000 | -- | -- |
| 5BR | -- | $10,250/mo | -- |
| 6BR | -- | $22,000/mo | -- |
| NA | -- | $5,850/mo | -- |
Yields are gross estimates: (monthly rent × 12) / median sale price. Actual net yields vary with maintenance, taxes, and vacancy.
Useful Resources
- How to Compare Mortgage Loan Packages
- How to Check TDSR and MSR Affordability
- JTC Industrial Property Investment — B1 vs B2, Yields & Rules
- Divorce & Property in Singapore — Splitting Ownership & Obligations
- Retiree Downsizing Guide — From Landed to Right-Sized Condo
- Smart Home Condos — Technology Features in Singapore's Newest Developments
- Lease Decay: How 99-Year Leasehold Values Decline
- Moving Averages: Reading Property Price Trends
- SSD Explained: Seller's Stamp Duty and Holding Periods
Official Sources: URA · URA REALIS · MAS · SORA Rates · BSD Rates · ABSD Rates · CPF Housing
Methodology & Sources
This report is compiled from transaction data published by the Urban Redevelopment Authority (URA) via the REALIS system. Median values are used throughout to minimise the impact of outliers from exceptionally high or low transactions. Month-on-month (MoM) and year-on-year (YoY) changes compare like-for-like periods.
Gross rental yield is calculated as (median monthly rent × 12) / median transaction price. Market segment classifications follow URA definitions: CCR (Core Central Region), RCR (Rest of Central Region), and OCR (Outside Central Region). Interest rate references use the Singapore Overnight Rate Average (SORA) published by MAS. Stamp duty rates reference IRAS BSD and ABSD schedules.
Data coverage: 818 condos with sales data and 1800 with rental data out of 3429 tracked properties for August 2025.