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In the first quarter of 2025, Singapore's overall private residential property price index rose by 0.8%, which is a slower growth compared to the previous quarter. However, this general trend may not specifically reflect the situation in Geylang.
The Rest of Central Region (RCR), where Geylang is located, saw a notable price growth. In 1Q2025, the RCR recorded the highest price growth among the three regions, with a 1.7% quarter-on-quarter increase and a 7.3% year-on-year increase. This suggests that properties in the RCR, including those in Geylang, have been experiencing significant price appreciation.
If you are comparing landed and non-landed properties in Geylang, it's worth noting that landed home prices have been rising. In 1Q2025, the average price of landed homes rose to $2,008 per square foot, marking a 3.3% quarter-on-quarter increase. However, this data is more general and may not be specific to Geylang alone.
For a more precise comparison, you would need to look at specific transaction data and price trends within Geylang. This can include analyzing recent sales transactions, new launches, and the overall demand and supply dynamics in the area.