Property market sentiment dips in 4Q2025 as global uncertainties cloud outlook: NUS index
Taking into account the external problems, more sector players might be triggered to veer away from aggressive growth strategies in favour of more risk-averse methods, or a lot more conservative methods of elevating resources, she claims.
The Composite Sentiment Index incorporates the current and potential indices to derive an indicator of overall market sentiment. Resi scores vary from 0 to 10, reflecting the extent of pessimism and positive outlook of the study participants.
View in the Singapore property market is expanding aware amidst unfolding global unpredictabilities. The 4Q2025 Real Estate Sentiment Index (Resi), released by the National University of Singapore’s (NUS) Department of Real Estate and Institute of Real Estate and Urban Studies (Ireus), presented that the Composite View Index decreased to 5.8 in 4Q2025, from 6.1 in the previous quarter.
On the whole, the market shows a much more toughened up view, as participants brace for potential risks. “Overall, study outcomes paint a picture of an industry that is still healthy and balanced however is proactively preparing for a possible difficult landing,” Qian comments.
The dip in the Composite Sentiment Index comes in the middle of splitting present and future beliefs amongst market participants. The Current Sentiment Index stayed unmodified at 6.1 in 4Q2025, showing assurance across both the sell and obtain sides of the industry, stated NUS in a March 10 release.
“Being a greatly export-oriented state, Singapore is specifically susceptible to worldwide shifts in trade and politics, so while our domestic basics remain good, the study shows a clear awareness of caution regarding the outside atmosphere,” says Qian Wenlan, director of the NUS Ireus.
The Resi, which is published every three months, surveys top officers in realty companies to give an alternate measure of exclusive realty sector efficiency. It makes up an Existing View Index that record adjustments in view over the past six months, whilst a Future Sentiment Index monitor changes in sentiment by the next 6 months.
Nevertheless, the Future Sentiment Index decreased, starting from 6.0 in 3Q2025 to 5.5 in 4Q2025. NUS assumes that the “noteworthy decrease” comes from skepticisms occurring from geopolitical tensions worldwide.
Danger of a stagnation or decline in the global economy was top of mind for real estate investors, with 71% of the Resi study participants indicating this as a main concern for the following 6 months. Furthermore, 53% of participants are bothered concerning prospective job losses and a decline in the local economy over the same duration, while 47% are worried about rising construction expenses.
Furthermore, among developers studied, 50% anticipate unit rates of new launches over the following 6 months to become “reasonably higher”, while the remaining 50% anticipate costs to remain constant with the last quarter.
