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OCR, landed homes lead private residential price rise in 2025: URA

Jovi Ho
Jovi Ho • 5 min read
OCR, landed homes lead private residential price rise in 2025: URA
Still, the price index rose by 3.3% last year, moderating from the 3.9% increase in 2024, marking the smallest full-year increase since 2020. Photo: Bloomberg
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The overall private residential price index increased at a more modest pace of 0.6% in 4Q2025 — rising for the fifth straight quarter — compared to an increase of 0.9% in 3Q2025. For 2025, the price index rose by 3.3%, moderating from the 3.9% increase in 2024, marking the smallest full-year increase since 2020.

About 2,000 private residential units, including executive condominiums (ECs), were completed in 4Q2025, bringing the total completions for 2025 to about 8,000 units, according to 4Q2025 statistics released by URA on Jan 23, following flash estimates released Jan 2.

With the ramp-up in the supply of private housing via the Government Land Sales (GLS) programme in recent years, a “significant” supply pipeline of about 57,000 private residential units (including ECs) is expected to be completed in the next few years, adds URA.

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