Monthly price report
Singapore property prices, May 2025
The median HDB resale price in May 2025 was S$630,444, up 0.4% on April. Private condos and apartments resold at a median S$1,687 psf, down 0.1% on April.
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.
| Measure | May 2025 | Change |
|---|---|---|
| HDB resale median price | S$630,444 | +0.4% |
| HDB resale median psf | S$607 psf | −0.2% |
| Private resale median psf | S$1,687 psf | −0.1% |
| Private new sale median psf | S$2,493 psf | −13.0% |
HDB resale prices by flat type
Median resale price of each flat type with at least 20 resales in both months.
| Flat type | May 2025 | Change |
|---|---|---|
| 3-room | S$449,000 | +0.9% |
| 4-room | S$630,000 | 0.0% |
| 5-room | S$735,000 | −0.4% |
| Executive | S$950,888 | +3.9% |
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.
| Town | May 2025 | Change |
|---|---|---|
| Kallang/Whampoa | S$740 psf | +8.7% |
| Sembawang | S$651 psf | +2.4% |
| Choa Chu Kang | S$526 psf | +2.3% |
| Pasir Ris | S$559 psf | +1.8% |
| Bukit Panjang | S$588 psf | +1.6% |
| Ang Mo Kio | S$591 psf | +1.5% |
| Jurong West | S$525 psf | +1.5% |
| Bedok | S$602 psf | +1.3% |
| Toa Payoh | S$708 psf | +1.1% |
| Tampines | S$620 psf | +0.5% |
| Queenstown | S$864 psf | +0.3% |
| Hougang | S$618 psf | −0.2% |
| Yishun | S$575 psf | −0.5% |
| Clementi | S$603 psf | −0.7% |
| Punggol | S$682 psf | −0.7% |
| Sengkang | S$643 psf | −0.9% |
| Serangoon | S$660 psf | −2.2% |
| Woodlands | S$528 psf | −2.4% |
| Bukit Merah | S$823 psf | −3.4% |
| Bukit Batok | S$626 psf | −3.5% |
| Bishan | S$741 psf | −3.9% |
| Geylang | S$597 psf | −4.6% |
| Jurong East | S$549 psf | −5.5% |
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.
| District | May 2025 | Change |
|---|---|---|
| D21 Clementi | S$1,998 psf | +20.3% |
| D11 Newton | S$2,149 psf | +6.2% |
| D22 Jurong | S$1,381 psf | +3.8% |
| D12 Toa Payoh | S$1,827 psf | +3.5% |
| D05 Pasir Panjang | S$1,888 psf | +3.1% |
| D28 Seletar | S$1,535 psf | +2.9% |
| D27 Yishun | S$1,395 psf | +2.0% |
| D18 Tampines | S$1,500 psf | +1.8% |
| D25 Woodlands | S$1,185 psf | +0.6% |
| D09 Orchard | S$2,293 psf | +0.5% |
| D20 Bishan | S$1,833 psf | −0.5% |
| D03 Queenstown | S$2,221 psf | −1.5% |
| D19 Serangoon | S$1,585 psf | −1.9% |
| D14 Geylang | S$1,844 psf | −2.0% |
| D16 Bedok | S$1,524 psf | −2.0% |
| D13 Macpherson | S$1,927 psf | −3.0% |
| D17 Changi | S$1,225 psf | −5.4% |
| D15 East Coast | S$1,750 psf | −5.5% |
| D04 Telok Blangah | S$1,774 psf | −5.6% |
| D23 Bukit Batok | S$1,382 psf | −5.9% |
| D10 Tanglin | S$2,201 psf | −6.7% |
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 May 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 May 2025. Each change compares the month with April 2025.
- 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, May 2025", https://www.homejourney.sg/reports/singapore-property-prices/may-2025. Please link to this page when you quote a figure.