- Total of 13,362 transactions recorded in July 2025 (+35.6% MoM).
- Median sale price per square foot: $1,973, up 8.8% from last month.
- Median monthly rent: $4,500 (+4.7% MoM).
- Most active district: District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) with 455 sales.
- Highest gross yield: 2.86% in the OCR segment.
Based on URA REALIS data, the Singapore private residential market recorded 13,362 total transactions in July 2025, up 35.6% from the previous month. Sales volume stood at 2,790 units with a median price of $1,973 per square foot, while the rental market saw 10,572 leases at a median rent of $4,500/month. For an overview of the buying process, see our Property Tax Guide for Condo Owners.
Highest-Value Transactions
The top 5 transactions by total price in July 2025:
| Project | District | Price | PSF | Size (sqft) | Type |
|---|---|---|---|---|---|
| 21 ANDERSON | D10 | $52,250,000 | $4,999 | 10,452 | New Sale |
| LANDED HOUSING DEVELOPMENT | D11 | $31,000,000 | $1,456 | 21,293 | Resale |
| LANDED HOUSING DEVELOPMENT | D10 | $28,300,000 | $1,928 | 14,681 | Resale |
| LANDED HOUSING DEVELOPMENT | D21 | $23,000,000 | $1,415 | 16,250 | Resale |
| 21 ANDERSON | D10 | $21,060,160 | $4,692 | 4,489 | New Sale |
Key Figures at a Glance
Sales Market Deep Dive
The private residential sales market recorded 2,790 transactions in July 2025, representing an increase of 61.6% month-on-month and up 25.1% year-on-year. The median price per square foot was $1,973 (up 8.8% MoM), while the median transaction price stood at $1,940,044.
Transaction Mix: Resale: 1,478 (53%) · New Sale: 1,240 (44.4%) · Sub Sale: 72 (2.6%)
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) | 549 | $3,180 | 2,864 | $5,800 | 2.7% |
| RCR (Rest of Central Region) | 994 | $2,353 | 3,505 | $4,500 | 2.47% |
| OCR (Outside Central Region) | 1,247 | $1,694 | 4,203 | $4,000 | 2.86% |
For a deeper comparison, see Top PSF Districts vs Top Yield Districts.
Top Districts by Activity
The most active districts by sales volume in July 2025:
| District | Area | Segment | Transactions | Median PSF |
|---|---|---|---|---|
| District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) | Pasir Panjang, Hong Leong Garden, Clementi New Town | RCR | 455 | $2,441 |
| District 24 (Lim Chu Kang, Tengah) | Lim Chu Kang, Tengah | OCR | 321 | $1,746 |
| District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) | Ardmore, Bukit Timah, Holland Road, Tanglin | CCR | 263 | $3,168 |
| District 19 (Serangoon Garden, Hougang, Punggol) | Serangoon Garden, Hougang, Punggol | OCR | 234 | $1,679 |
| District 9 (Orchard, Cairnhill, River Valley) | Orchard, Cairnhill, River Valley | CCR | 223 | $3,268 |
Notable Transactions
The highest-value transactions by price per square foot in July 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 |
| BOULEVARD 88 | D10 | $4,681 | $13,000,000 | 2,777 | Resale |
| 3 ORCHARD BY-THE-PARK | D10 | $4,299 | $11,106,900 | 2,583 | Resale |
| SHAMROCK PARK | D10 | $4,150 | $13,102,820 | 3,157 | Resale |
| LANDED HOUSING DEVELOPMENT | D11 | $4,086 | $8,800,000 | 2,154 | New Sale |
| PARKVIEW ECLAT | D10 | $3,784 | $12,300,000 | 3,251 | Resale |
| UPPERHOUSE AT ORCHARD BOULEVARD | D10 | $3,737 | $3,781,000 | 1,012 | New Sale |
| UPPERHOUSE AT ORCHARD BOULEVARD | D10 | $3,729 | $3,773,000 | 1,012 | New Sale |
| UPPERHOUSE AT ORCHARD BOULEVARD | D10 | $3,724 | $7,657,000 | 2,056 | New Sale |
Rental Market Snapshot
The rental market recorded 10,572 leases in July 2025, up 30.1% month-on-month. The median monthly rent was $4,500 (up 4.7% MoM).
Median Rent by Bedroom Type:
| Type | Median Rent |
|---|---|
| 1BR | $3,300 |
| 2BR | $4,100 |
| 3BR | $5,350 |
| 4BR | $8,000 |
| 5BR | $11,800 |
| 8BR | $11,711 |
| NA | $6,000 |
Most Active Rental Projects:
| Project | Leases |
|---|---|
| LANDED HOUSING DEVELOPMENT | 215 |
| NON-LANDED HOUSING DEVELOPMENT | 136 |
| NORMANTON PARK | 114 |
| PARC RIVIERA | 106 |
| LAKE GRANDE | 82 |
Planning to rent? Check out our How to Calculate Buy-to-Rent ROI.
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 |
|---|---|---|
| 2025-02 | $2,284 | $4,400 |
| 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 |
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 1,240 units (44.4% of total), while resales made up 1,478 transactions and 72 sub-sales were recorded.
Unit Size Demand: 5BR+: 263 (9.4%) · 4BR: 343 (12.3%) · 2BR: 766 (27.5%) · 3BR: 943 (33.8%) · Studio: 145 (5.2%) · 1BR: 330 (11.8%)
Price Distribution: $500K-1M: 150 · $1M-1.5M: 468 · $1.5M-2M: 821 · $2M-3M: 748 · $3M+: 603
Explore our latest Condos with Best Views in District 14 (Geylang, Eunos) 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 July 2025:
- Prices are trending upward with median PSF rising 8.8% month-on-month.
- Rents are holding firm with median rent up 4.7% MoM.
- The resale market remained the primary source of transactions, indicating steady demand for existing stock.
- The CCR-to-OCR price premium stands at approximately 88%, near historical averages.
Useful resources: How to Check TDSR and MSR Affordability · Cash-on-Cash Return: Measuring Your Cash Investment
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 | $940,000 | -- | -- |
| 1 | $1,452,500 | -- | -- |
| 1BR | -- | $3,300/mo | -- |
| 2 | $1,775,000 | -- | -- |
| 2BR | -- | $4,100/mo | -- |
| 3 | $2,000,000 | -- | -- |
| 3BR | -- | $5,350/mo | -- |
| 4 | $3,200,000 | -- | -- |
| 4BR | -- | $8,000/mo | -- |
| 5 | $5,300,000 | -- | -- |
| 5BR | -- | $11,800/mo | -- |
| 8BR | -- | $11,711/mo | -- |
| NA | -- | $6,000/mo | -- |
Yields are gross estimates: (monthly rent × 12) / median sale price. Actual net yields vary with maintenance, taxes, and vacancy.
Useful Resources
- How to Calculate Seller's Stamp Duty (SSD)
- How to Check TDSR and MSR Affordability
- How to Compare Mortgage Loan Packages
- Property Tax Guide for Condo Owners
- How Much Can You Afford? TDSR and MSR Framework
- Private Property Rental Income Tax Guide for Singapore
- Cash-on-Cash Return: Measuring Your Cash Investment
- Lease Decay: How 99-Year Leasehold Values Decline
- TDSR and MSR: Singapore's Borrowing Limits
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: 796 condos with sales data and 1833 with rental data out of 3429 tracked properties for July 2025.