Residential Properties for Sale in Singapore

The Singapore property market in 2025 is expected to see shifting trends, influenced by potential interest rate cuts and evolving buyer preferences. HDB resale prices have been growing steadily, with an 8.6% increase in 2024. However, in 2025, growth may slow down if buyers start shifting towards private properties due to falling mortgage rates. Despite this, demand for larger HDB units, such as Executive flats, is likely to remain strong due to their affordability compared to condominiums and limited supply. Condominium resale prices grew by only 3.9% in 2024, much lower than the 7.8% growth in 2023. However, with expected interest rate cuts making private properties more affordable, condominium resale prices could see higher growth in 2025. If borrowing costs drop significantly, more buyers may shift from HDB to condominiums, potentially reversing the slower growth seen in 2024.

In 2024, the average price for HDB flats reached S$611,000. By 2025, this figure has increased to S$635,843, marking a significant rise of 15.89% over the past three years. Specifically, the average prices for HDB flats in 2025 are as follows: one-bedroom units at S$260,000, two-bedroom units at S$356,000, three-room flats at S$461,000, four-room flats at S$660,000, five-room flats at S$767,000, and executive units at S$893,000. For multi-generational units, the average selling price was S$1,049,000 in 2024, but none have been sold so far in 2025. Turning to condominiums, the average price in 2025 stands at S$2,173,407, compared to S$1,998,201 in 2024. This represents a 12.06% increase over the last three years. The average prices for condos in 2025 are as follows: one-bedroom units at S$1.182 million, two-bedroom units at S$1.777 million, three-bedroom units at S$2.370 million, four-bedroom units at S$3.672 million, and five-bedroom or larger units at S$4.371 million.

In 2024, the average price per square foot (psf) for properties in Singapore was S$602. By 2025, this figure rose to S$634, reflecting an impressive increase of 19.38% over the past three years.

In Singapore, most HDB flats come with a 99-year lease. Once this lease runs out, ownership of the flat reverts to the state, and the property may be demolished or repurposed. However, there are programs to consider. Selective En bloc Redevelopment Scheme (SERS): This government initiative offers residents of selected flats the opportunity to move to new homes with a fresh 99-year lease, often at a subsidized rate. It's akin to hitting the jackpot, but only a small number of flats are chosen for SERS. Voluntary Early Redevelopment Scheme (VERS): Announced to address aging flats not selected for SERS, VERS allows residents to vote for the government to buy back their flats before the lease expires. Details are still emerging, and it's yet to be implemented. For private properties with expiring leases, owners can collectively decide to sell the property, often to developers for redevelopment. This process requires agreement from a significant majority of the owners.

Starting your home-buying journey involves several key considerations: Location: Choose an area that aligns with your lifestyle and priorities, such as proximity to work, schools, or public transportation.
Property Age and Lease: Decide between newer properties with longer leases or older ones that might offer more space but have shorter remaining leases.
Budget: Evaluate properties based on their price per square foot (PSF) and total cost to ensure they fit within your financial plan.
Future Plans: Consider your long-term goals, such as starting a family or potential resale value, to choose a home that suits your evolving needs.
Balancing these factors will help you make an informed decision that aligns with both your current lifestyle and future aspirations.

Yes, foreigners can buy property in Singapore, but there are certain restrictions depending on the type of property.
Properties that require approval: If you're a foreigner looking to purchase a landed home – such as a bungalow, semi-detached house, or terrace house – you must first obtain approval under the Residential Property Act. This also applies to properties at Sentosa Cove, certain shophouses, and some mixed-use developments. To qualify, you typically need to have been a Singapore Permanent Resident (SPR) for at least five years and demonstrate a significant economic contribution, which is usually assessed based on your taxable income in Singapore. Each application is reviewed individually.
Properties you can buy without approval: If you're looking for a condo or apartment, the process is much simpler. Foreigners can freely purchase: Condominium and flat units Strata-landed homes within an approved condo project Leasehold landed homes with a lease of no more than seven years Commercial properties like shophouses for business use, industrial buildings, and hotels However, HDB flats, executive condominiums (ECs), and HDB shophouses are generally off-limits unless you meet specific HDB eligibility criteria. If you're considering buying property in Singapore, it's always a good idea to check the latest regulations and requirements to ensure a smooth purchase process.

Yes, a Singaporean can own two properties, but certain regulations apply depending on the types of properties involved. Owning Multiple HDB Flats: Singapore Citizens are not permitted to own more than one HDB flat at a time. If you wish to purchase a second HDB flat, you must sell your existing one within a stipulated timeframe. Specifically, upon receiving the keys to your new HDB flat, you are required to dispose of your current flat within six months. Owning an HDB Flat and a Private Property: After fulfilling the Minimum Occupation Period (MOP) of five years for your HDB flat, Singapore Citizens are allowed to purchase private residential property without selling their HDB flat. However, it's important to note that acquiring a second residential property will subject you to the Additional Buyer's Stamp Duty (ABSD). As of April 2023, the ABSD rate for Singapore Citizens purchasing a second property is 20%.

There are 27405 + Condos for Sale in Singapore available on 99.co.

There are 13037 + HDB Flats for Sale in Singapore available on 99.co.

There are 7020 + Landed Property for Sale in Singapore available on 99.co.

There are 1034 + Executive Condos for Sale in Singapore available on 99.co

Use our price range filter to find properties that fit your budget. We offer diverse options from budget-friendly HDB flats to luxurious condos.

When considering buying a property in Singapore, one of the key questions you'll need to address is how much you can borrow. Understanding the loan limits and regulations can help you make informed decisions on your property purchase. Here’s a helpful overview of what you need to know.
1. Loan-to-Value (LTV) Ratio: In Singapore, the maximum Loan-to-Value (LTV) ratio determines how much you can borrow against the property's value. For your first property, the LTV can be as high as 75%, meaning you can finance up to 75% of the property's value through a loan. For subsequent properties, the LTV decreases, typically to 45% for the second and 40% for any additional properties.
2. Total Debt Servicing Ratio (TDSR): Another crucial factor is the Total Debt Servicing Ratio (TDSR), which limits the amount of your monthly income that can go towards servicing loans. The TDSR is capped at 55% of your gross monthly income. This means that your total monthly debt obligations, including your new property loan, should not exceed 55% of your income.
3. Mortgage Servicing Ratio (MSR): If you're buying a residential property that is not HDB, the Mortgage Servicing Ratio (MSR) also comes into play. The MSR is capped at 30% of your gross monthly income and applies to your loan repayments for residential properties.
4. Credit Assessment: Lenders will conduct a credit assessment to evaluate your financial health. Factors such as your credit score, income stability, and existing debts will influence how much you can borrow. A strong credit profile can enhance your borrowing capacity.
5. Down Payment: Remember that you’ll need to make a down payment as well. For your first property, this is typically at least 25% of the purchase price (or the property valuation, whichever is lower) after accounting for the LTV.