FX.co ★ Singapore's Property Market Cools Down: URA Property Index Shows Significant Decline in Q1 2025

Singapore's Urban Redevelopment Authority (URA) has released its latest Property Index data, indicating a substantial slowdown in the property market for the first quarter of 2025. The Index has plummeted to 0.80% as of Q1 2025, down from 2.30% in the preceding quarter. This update was made public on April 25, 2025, highlighting a noteworthy paradigm shift in quarter-over-quarter performance.

The sharp decline suggests a deceleration in property price growth as compared to the robust expansion witnessed in the final segment of 2024. While the last quarter's rise of 2.30% marked a period of rapid property value increases, the current figure brings an air of restraint to buyers and investors, steering the property market trajectory towards a more moderated phase.

Such adjustment can have broad implications on investment dynamics and affordability, with potential ripple effects on market confidence and future investment plans ranging from residential buyers to commercial property stakeholders. As the property index continues to be a critical indicator of market trends, industry observers and policymakers keenly monitor these changes to gauge the health of Singapore's real estate sector.