How do Singapore’s 2025 property laws shape a market that’s finally catching its breath after years of rapid gains? For Chuan Park buyers, the backdrop is calmer, not cold. Prices have stabilized, with the Private Residential Property Price Index up 0.81% quarter-on-quarter and 3.33% year-on-year in Q1 2025, a gentler climb than the boom years.
Non-landed homes, including condos like Chuan Park, posted 0.95% QoQ and 4.74% YoY gains, while landed prices edged 0.38% QoQ but fell 1.30% YoY.
CBRE still projects 3–4% growth in 2025, citing tight unsold inventory. Typical downpayments range from 20–25%, with at least 5% cash needed for private purchases.
Policy signals are firmer. ABSD, raised in April 2023 and retained in 2025, remains steep for non-residents: 60% for individual foreigners, and up to 65% for entities and trusts, with no exemptions. PRs enjoy lower tiers, while Singaporeans face 20% on a second home. For Chuan Park’s audience, mostly condo-focused, that matters, because landed purchases still require approval, and many foreigners simply look to non-landed stock. Financing remains conservative, with loans capped at up to 75% LTV and fixed mortgage rates around 2.30%–2.80%, all subject to TDSR.
Lease tenure also bites: homes with less than 60 years left typically command lower valuations and tighter mortgage options, an unglamorous reality check, but one that keeps leverage in line.
Transaction timing has fresh wrinkles. Seller’s Stamp Duty applies if a residential or industrial property is sold within three years, at 4%–12% for residential and 5%–15% for industrial. From 4 July 2025, the holding period extends and rates rise, nudging flippers to slow down.
A one-off 2025 property tax rebate of up to 20%, capped at $1,000, helps owner-occupiers.
CPF use stays tightly policed, shaping how much buyers can deploy and when. The Minimum Occupation Period (MOP) for HDB flats typically requires five years of genuine residency before owners can sell or rent out their entire unit.
Ownership choices matter: joint tenancy gives equal shares and survivorship, while tenancy-in-common allocates proportions and allows distinct wills. Paperwork remains standard but thorough.
Legislation is shifting too. A 2025 Leasehold and Commonhold Reform Bill opened debate on alternatives to leasehold and possible conversion paths, with further consultation even testing a ban on new leasehold flats.
Planning policy was updated in December 2024, and housebuilding targets tightened; ongoing reviews of enfranchisement premiums and landlord charges aim for clearer, fairer costs for buyers today.
