A resale 2 bedroom condo in Singapore sold for a median $1,776 per square foot in 2025

In 2025 the median price of a resale 2 bedroom was $1,776 per square foot and that of a resale 4 bedroom was $1,791, according to URA caveat data for private condominiums and apartments. What a 2 bedroom costs, what it rents for, its rental yield and how big it is are covered in the 2 bedroom condo guide.

In 2025 the new launch median price per square foot fell with each step up in size: $2,883 for a 1 bedroom, $2,634 for a 2 bedroom and $2,478 for a 4 bedroom.

Resale and new launch are compared separately throughout. The reason is given in the section Why are resale and new launch compared separately?.

What is in this note

• How much does a 2 bedroom cost per square foot?: the 2025 median price per square foot of a 1, 2, 3 and 4 bedroom, resale and new launch, with the premium of new launch over resale.
• How did resale prices per square foot change by size from 2017 to 2025?: the median resale price per square foot of a 1, 2, 3 and 4 bedroom in each year, and the difference between the highest and the lowest of the four sizes.
• How did new launch prices per square foot change by size from 2017 to 2025?: the same 9 years in the new launch market, with the resale and new launch differences between the highest and lowest sizes side by side.
• Does a bigger home cost less per square foot in each market?: what a price per square foot tells a buyer about size in resale and in new launches, and the resale 2 bedroom against the 1 bedroom.
• Why are resale and new launch compared separately?: what happens to a size comparison if the two markets are pooled, using the 1 bedroom as the worked case.

How much does a 2 bedroom cost per square foot?

Median price per square foot by number of bedrooms in 2025, resale and new launch, private condominiums and apartments:

Bedrooms	Resale	New launch	Premium
One	$1,784	$2,883	+61.6%
Two	$1,776	$2,634	+48.3%
Three	$1,701	$2,482	+45.9%
Four	$1,791	$2,478	+38.4%

In the resale market the four sizes were within $90 per square foot of each other in 2025, from $1,701 for a 3 bedroom to $1,791 for a 4 bedroom. In new launches the sizes were $405 apart, from $2,478 for a 4 bedroom to $2,883 for a 1 bedroom.

How did resale prices per square foot change by size from 2017 to 2025?

• 1 bedroom
• 2 bedroom
• 3 bedroom
• 4 bedroom

In 2017 the median resale 2 bedroom was $334 per square foot below the 1 bedroom and $133 above the 3 bedroom. In 2025 it was $8 below the 1 bedroom and $75 above the 3 bedroom.

The difference between the highest and lowest of the four sizes narrowed in each of the eight year-on-year steps, from $467 in 2017 to $90 in 2025:

Year	Highest minus lowest ($ per square foot)
2017	$467
2018	$395
2019	$291
2020	$272
2021	$236
2022	$187
2023	$181
2024	$150
2025	$90

The difference narrowed in every one of the eight year-on-year steps.

How did new launch prices per square foot change by size from 2017 to 2025?

• 1 bedroom
• 2 bedroom
• 3 bedroom
• 4 bedroom

In 2017 the median new launch 2 bedroom cost 9.3% less per square foot than the 1 bedroom and 6.0% more than the 3 bedroom. In 2025 it cost 8.6% less than the 1 bedroom and 6.1% more than the 3 bedroom. Both differences moved by less than a percentage point between 2017 and 2025.

The difference between the highest and lowest of the four sizes, resale and new launch side by side:

• Resale
• New launch

Does a bigger home cost less per square foot in each market?

In the resale market, size has stopped predicting price per square foot. In 2025 the four sizes were within $90 per square foot of each other, from $1,701 for a 3 bedroom to $1,791 for a 4 bedroom. In 2017 they spanned $467, from $1,073 for a 3 bedroom to $1,540 for a 1 bedroom, and comparing the price per square foot of homes of different sizes meant adjusting for size first. In 2025 a comparison across sizes needs less adjustment for size than in 2017.

In new launches, a larger home cost less per square foot in 2025. From a 1 bedroom to a 2 bedroom the median fell $249 per square foot, and from a 2 bedroom to a 3 bedroom another $152. On a 700 square foot home, $249 per square foot is about $174,000. A project's headline price per square foot is an average across sizes that still differ by up to $405.

The resale 2 bedroom is now almost level with the 1 bedroom. The median resale 2 bedroom cost 21.7% less per square foot than the 1 bedroom in 2017 and 0.4% less in 2025.

Why are resale and new launch compared separately?

A single national figure for a size mixes both markets, and the mix has changed a great deal. New launch and resale price per square foot differ by 38% to 62% depending on the size, so a size whose sales shift toward new launches will look like it is getting more expensive even if nothing changed in either market.

1 bedroom sales fell from 3,463 in 2017 to 2,937 in 2025. The new launch sales inside that total fell from 1,769 to 835, so the new launch share of 1 bedroom sales went from 51.1% to 28.4%. 2 bedroom sales rose from 6,485 to 8,650, and new launch 2 bedroom sales rose from 3,440 to 4,537, so their share went from 53.0% to 52.5%. In 2025 a new launch 2 bedroom cost $2,634 per square foot against $2,883 for a new launch 1 bedroom, and a resale 2 bedroom cost $1,776 against $1,784 for a resale 1 bedroom.

Every comparison in this article is therefore made within one market at a time.

What this tells you

In 2025 the median price of a resale 2 bedroom was $1,776 per square foot and that of a resale 4 bedroom was $1,791, according to URA caveat data. The larger home cost more per square foot, and the four sizes were within $90 of each other.

In new launches in 2025 the median price per square foot fell with each step up in size: $2,883 for a 1 bedroom, $2,634 for a 2 bedroom, $2,482 for a 3 bedroom and $2,478 for a 4 bedroom. The two markets therefore give different answers to the same question about size.

In resale the four sizes converged. In 2017 the highest and lowest of the four sizes were $467 per square foot apart. In 2025 they were $90 apart, and the difference narrowed in each of the eight year-on-year steps.

In new launches the difference between the highest and lowest of the four sizes narrowed in four of the eight year-on-year steps and widened in the other four steps. It was $363 in 2017 and $405 in 2025.

In resale, size told a buyer less about price per square foot in 2025 than in 2017: the four sizes were within $90 of each other. In new launches the median fell $249 per square foot from a 1 bedroom to a 2 bedroom and another $152 to a 3 bedroom, which on a 700 square foot home is about $174,000 for the first step.

The two markets are compared separately because the new launch share of 1 bedroom sales fell from 51.1% to 28.4% between 2017 and 2025, while for 2 bedrooms it was 53.0% in 2017 and 52.5% in 2025. 1 bedroom sales fell from 3,463 in 2017 to 2,937 in 2025, and the new launch sales inside that total fell from 1,769 to 835. 2 bedroom sales rose from 6,485 to 8,650, with new launches rising from 3,440 to 4,537. In 2025 a new launch 2 bedroom cost $2,634 per square foot against $2,883 for a new launch 1 bedroom, and a resale 2 bedroom cost $1,776 against $1,784 for a resale 1 bedroom.

What this does not tell you

• Why the resale market converged. We can measure the narrowing precisely and we cannot see the cause in transaction data. Changing stock, changing buyers and changing financing would all leave the same footprint.
• Whether it continues. Eight consecutive year-on-year narrowings do not forecast the next year-on-year step. At $90 there is little room to narrow further, and the records do not show whether the difference will hold, reopen or invert.
• What any particular unit is worth. These are middle values across hundreds of projects. Floor, facing, condition and project matter more than the size class a home belongs to.
• Total price. A cheaper square foot in a larger home is still a larger total price. What a 2 bedroom costs in total, and how that compares to a new launch, is covered in the first article in this series.

Method and data notes. Sale data to 4 August 2026.

Figures are transacted prices from URA caveat data for private condominiums and apartments, excluding collective sales. Price per square foot is the transacted price divided by the floor area recorded in the caveat. Bedroom count is worked out from the unit record rather than stated in the caveat, and only transactions where it resolves are counted.

Resale and new launch are computed separately throughout, for the reason set out above. Sub-sales are excluded from both. Sizes of 5 bedrooms and above are excluded; they are a different market.

Records with a floor area below 200 sqft or above 6,000 sqft are treated as corrupt and excluded. In this population that removes 57 sales out of 174,836, and it moves one figure in this article: the 2025 resale 4 bedroom median, by $1.

Medians are used rather than averages, so a small number of unusual transactions does not move the figures.

Sale data to 4 August 2026.