Monthly price report

Singapore property prices, January 2025

The median HDB resale price in January 2025 was S$610,000, down 0.2% on December. Private condos and apartments resold at a median S$1,685 psf, up 0.6% on December.

Key figures

Private figures cover condominiums, apartments and executive condominiums. New sales are shown apart because new launches cost more per square foot and their share of sales changes from month to month.

MeasureJan 2025Change
HDB resale median priceS$610,000−0.2%
HDB resale median psfS$590 psf+0.2%
Private resale median psfS$1,685 psf+0.6%
Private new sale median psfS$2,655 psf+31.2%

HDB resale prices by flat type

Median resale price of each flat type with at least 20 resales in both months.

Flat typeJan 2025Change
3-roomS$440,000+2.3%
4-roomS$612,888−1.1%
5-roomS$710,000−1.1%
ExecutiveS$868,444−0.9%

HDB towns by price change

Median resale price per square foot in each town with at least 20 resales in both months, largest rise first. A town's median moves with the mix of flats sold, so read one month's change with the months around it.

TownJan 2025Change
Toa PayohS$765 psf+11.8%
SerangoonS$651 psf+7.2%
ClementiS$627 psf+6.1%
TampinesS$622 psf+3.8%
PunggolS$672 psf+1.7%
YishunS$575 psf+1.6%
Kallang/WhampoaS$679 psf+1.5%
Bukit BatokS$578 psf+1.4%
BedokS$592 psf+1.0%
Ang Mo KioS$577 psf+0.7%
Choa Chu KangS$503 psf−0.6%
WoodlandsS$519 psf−0.6%
QueenstownS$853 psf−0.8%
SengkangS$624 psf−0.8%
HougangS$590 psf−1.0%
BishanS$726 psf−1.2%
Bukit PanjangS$553 psf−1.4%
SembawangS$620 psf−1.4%
Pasir RisS$541 psf−1.5%
Jurong WestS$497 psf−2.4%
Jurong EastS$525 psf−3.0%
GeylangS$602 psf−3.5%
Bukit MerahS$734 psf−7.4%

Private districts by price change

Median resale price per square foot of condominiums and apartments in each postal district with at least 15 resales in both months, largest rise first.

DistrictJan 2025Change
D22 · Jurong, Boon LayS$1,491 psf+19.7%
D21 · Clementi, Upper Bukit TimahS$1,926 psf+18.9%
D11 · Newton, NovenaS$2,088 psf+7.2%
D03 · Queenstown, Tiong Bahru, Bukit MerahS$2,203 psf+4.1%
D15 · East Coast, Marine ParadeS$1,784 psf+3.9%
D09 · Orchard, River ValleyS$2,417 psf+3.4%
D20 · Bishan, Ang Mo KioS$1,868 psf+3.0%
D10 · Tanglin, HollandS$2,185 psf+2.9%
D04 · Telok Blangah, Harbourfront, Bukit MerahS$1,800 psf+1.9%
D16 · Bedok, Upper East CoastS$1,582 psf+1.3%
D14 · Geylang, Paya LebarS$1,921 psf+0.8%
D25 · Woodlands, AdmiraltyS$1,201 psf+0.8%
D05 · Pasir Panjang, ClementiS$1,837 psf−0.9%
D12 · Toa Payoh, Balestier, Kallang, WhampoaS$1,706 psf−1.0%
D23 · Bukit Batok, Bukit Panjang, Choa Chu KangS$1,375 psf−1.5%
D18 · Tampines, Pasir RisS$1,442 psf−1.7%
D19 · Serangoon, Hougang, Sengkang, PunggolS$1,549 psf−2.0%
D27 · Yishun, SembawangS$1,302 psf−2.8%
D17 · Changi, LoyangS$1,162 psf−3.1%
D13 · Macpherson, Potong PasirS$1,886 psf−3.4%
D28 · Seletar, Yio Chu Kang, SengkangS$1,475 psf−3.4%
D01 · Raffles Place, MarinaS$1,978 psf−3.6%

About this report

How are these figures worked out?
Each figure is a median: half of the homes sold for more and half for less. HDB figures cover every resale registered in January 2025; price per square foot divides each price by the flat's floor area. Private figures cover sales of non-landed homes with a contract date in January 2025. Each change compares the month with December 2024.
Where does the data come from?
HDB resale flat prices (data.gov.sg) and URA REALIS private residential transactions. Homejourney imports both and rebuilds this page daily.
How do I cite this report?
Homejourney, "Singapore property prices, January 2025", https://www.homejourney.sg/reports/singapore-property-prices/january-2025. Please link to this page when you quote a figure.