In June 2025, developers sold 272 private residential units (excluding Executive Condominiums), marking a slight moderation from the 312 units transacted in May. This dip was largely anticipated due to the school holiday period, which typically sees a lull in market activity. Moreover, the lack of major new launches during the month—limited to just Arina East Residences and Amber House with a combined 187 units—contributed to the reduced buyer engagement.

Despite the monthly moderation, sales showed a 19.3% year-on-year increase from the 228 units sold in June 2024. The performance underscores the ongoing recovery in the primary market, supported by resilient demand for new homes. Looking forward, developers are preparing for a more robust launch pipeline in the second half of the year, which includes highly anticipated projects such as The Robertson Opus, Promenade Peak, River Green, and LyndenWoods—CapitaLand Development’s debut project at Singapore Science Park, which sold over 94% of its 343 units on launch day.

June’s top-selling project was One Marina Gardens, which continued its strong sales performance with 49 units transacted at a median price of $2,962 psf. Since its April launch, the project has sold more than half its units, reflecting continued demand for well-located luxury homes in the Rest of Central Region (RCR). 

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Prepared By:

Mohan Sandrasegeran

Head of Research & Data Analytics

Email: research@sri.com.sg