BANDAR SERI BEGAWAN: The Brunei Darussalam Central Bank (BDCB) which on Friday (Dec 12) published Brunei Darussalam’s Residential Property Price Index (RPPI) for the third quarter of 2025 (Q3 2025) stated that in terms of location, the majority of properties purchased were in the Brunei-Muara district (152 properties), followed by the Tutong district (21 properties), and the Belait district (14 properties).
No properties were purchased in the Temburong district in Q3 2025.
The BDCB in a release added that the top five Mukims that recorded the most purchases of private residential properties in Q3 2025 were Mukim Kilanas, Mukim Sengkurong, Mukim Lumapas, Mukim Pengkalan Batu, and Mukim Gadong.
The index is compiled using data sourced from the banks in Brunei Darussalam, and is published in cooperation from the Ministry of Development, in particular the Authority for Building Control and Construction Industry (ABCi).
RPPI measures the rate at which prices of private residential properties purchased by households are changing over time.
The release added that in Q3 2025, the RPPI was at 88.7, showing a decrease of 5.2 per cent year-on-year compared to Q3 2024, and a decrease of 8.1 per cent quarter-on-quarter compared to Q2 2025.
Based on mortgage data obtained from banks, there were 187 transactions for private residential properties in Q3 2025, indicating an increase of 28.1 per cent in the number of transactions compared to Q2 2025 and an increase of 39.6 per cent compared to a year ago.
For Q3 2025, the majority of these transactions were for detached houses (66.8 per cent), followed by terrace houses (17.7 per cent), semi-detached houses (9.1 per cent), apartments (5.9 per cent), and land (0.5 per cent).
The overall median purchase price for all types of private residential properties was BND230,000 in Q3 2025, a decrease of 9.6 per cent compared to Q2 2025 and a decrease of 7.9 per cent compared to Q3 2024.
The median purchase prices for specific property types were BND240,000 for detached houses, BND195,000 for semi-detached and terrace houses, BND250,000 for apartments, and BND70,000 for land purchases.
In compiling the RPPI, median prices are more widely used compared to average or mean prices as they offer a more stable measure that is less influenced by unusually priced properties within the house price distribution.
The BDCB stated that the published statistics and index should be treated as general information only, and one should not rely solely on these data to draw specific conclusions on a particular private residential property, as property values vary with location, land size, floor area and so on. - Borneo Bulletin/ANN
