In the second quarter of 2025, the Core Central Region (CCR) emerged as a standout performer in Singapore’s real estate landscape, with non-landed home prices increasing by 3% quarter-on-quarter. This notable rise not only highlights the CCR’s resilience but also positions it as a leader amidst varying performances across other segments of the property market, which collectively saw overall private home prices edge up by a modest 1% during the same period.
A significant contributor to the CCR’s impressive performance was the launch of new projects, with 21 Anderson making headlines by selling five units at a median price of $4,811 per square foot (psf). This surge in sales reflects the increasing demand within the area, as new developments attract both local and potential buyers. The rapid sales figures from recent launches are indicative of a vibrant market, where confidence among buyers appears to be solidifying.
The month of July marked a pivotal point in the CCR’s performance, characterized by robust buyer confidence. Projects like UPPERHOUSE and The Robertson Opus reported substantial sales figures, with 54% and 41% of their units sold, respectively. Such figures not only underscore the attractiveness of these developments but also signal a shift in buyer behavior, emphasizing a preference for properties located in the CCR.
The momentum generated by these projects likely fueled the quarter-on-quarter rise in non-landed home prices, as buyers vie for premier locations that promise both lifestyle and investment potential.
Local buyers have played a crucial role in driving demand within the CCR, effectively mitigating the impact of reduced foreign buyer activity. According to JLL’s Chia, the ongoing demand from local purchasers has been instrumental in maintaining the region’s appeal, demonstrating a shift in market dynamics.
As foreign buyer participation wanes, the resilience and adaptability of local buyers have become central to sustaining property values in the region. This trend reflects a growing confidence among domestic purchasers who are increasingly willing to invest in high-value properties within the CCR.
As a result of these factors, the CCR has distinguished itself as the outperformer in Singapore’s real estate market. It has successfully navigated the complexities of the current economic landscape, where external influences could have otherwise dampened growth.
The continued interest in non-landed homes within the CCR indicates a strong belief in the long-term value of properties in this prime area, further reinforcing its reputation as a desirable location.
NEW CONDO LAUNCH: SPRINGLEAF MODERN
Springleaf Modern is an exciting new condominium project strategically located in Singapore’s Rest of Central Region (RCR).
With its recent launch, prospective buyers can explore detailed information, including the Springleaf Modern Floor Plan and pricing options.
Given the current market conditions, the project is poised to attract significant interest, especially with its unique offering amid a tightening unsold inventory landscape.
Interested buyers are encouraged to view the Springleaf Modern ShowFlat and secure VVIP discounts by registering or contacting 6100 8822 for an appointment.
News Source: Edgeprop
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