25 Jul 2025
New Private Home Sales More Than Double in 1H2025
Property Insight

The private residential market in Singapore demonstrated resilience in 1H2025, despite a moderation in the second quarter. Private resale volumes rose 11.1% year-on-year to 7,212 transactions, up from 6,491 in 1H2024. This growth reflects continued demand for move-in-ready homes, particularly among upgraders. In the resale segment, large-scale developments with full facilities and strong MRT connectivity remained top choices. Treasure at Tampines led with 45 transactions, followed by Parc Esta (33), The Tapestry (31), and Riverfront Residences (30), reaffirming buyer preference for projects with practical layouts and location advantages.

New home sales recorded a remarkable surge in 1H2025, jumping from 1,889 to 4,587 units. This more than twofold increase signals strong buyer confidence and renewed interest in project launches. The Rest of Central Region (RCR) accounted for much of this growth, driven by successful launches such as One Marina Gardens, Bloomsbury Residences, and The Orie. The Outside Central Region (OCR) also saw robust demand, especially for affordably priced projects offering suburban convenience.

Newly launched luxury projects such as Robertson Opus saw strong uptake, with over 41% of units sold—primarily 2- and 3-bedroom units. This reflects continued appetite for well-curated, prime residences that offer exclusivity and long-term value.

Launches such as LyndenWoods, which sold 94% of its units on launch day, along with strong previews at River Green and Promenade Peak, suggest that underlying buyer confidence remains intact. These developments, located in tightly held areas near Great World MRT, offer rare opportunities for buyers seeking new supply in established neighbourhoods.

Despite global uncertainties, Singapore’s private residential market is expected to maintain its overall stability, anchored by sound fundamentals and buyer confidence.

Click here for the full report 

Prepared By:

Mohan Sandrasegeran

Head of Research & Data Analytics

Email: research@sri.com.sg

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Property Insight
04 Nov 2025
Kingsford Tops Bid for Telok Blangah Road GLS Site at $1,326 psf ppr

Kingsford Development has emerged as the top bidder for the Telok Blangah Road Government Land Sales (GLS) site, marking a strategic expansion of its landbank into the Rest of Central Region (RCR). The developer submitted a winning bid of $918.3 million ($1,326 psf ppr), surpassing the second-highest offer by 4.4%. This reflects Kingsford’s strong conviction and competitive stance in securing a site within one of Singapore’s most ambitious urban transformations—the Greater Southern Waterfront (GSW).

With the GLS programme ramping up to ensure a steady housing pipeline, developers are exercising greater selectivity and spreading participation across more sites. The Telok Blangah Road parcel stands out as a trophy opportunity for forward-looking developers seeking early positioning in this transformative district. The site is expected to yield about 745 residential units, offering excellent connectivity and proximity to HarbourFront, VivoCity, and Sentosa Island—key lifestyle and retail anchors that enhance its attractiveness. Nearby rejuvenation works, including the planned redevelopment of HarbourFront Centre into a 33-storey mixed-use building, will further reinforce the precinct’s long-term appeal.

As the first private residential plot under the GSW transformation, the Telok Blangah Road site is expected to set early benchmarks for design, pricing, and urban integration—much like the Turf City GLS site in Bukit Timah.

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here

for the full report 

Prepared By:

Mohan Sandrasegeran

Head of Research & Data Analytics

Email: mohan@sri.com.sg

Property Insight
27 Oct 2025
3Q2025 HDB Resale Market Trends: Steady Growth and Sustained Demand
Property Insight
27 Oct 2025
Developers Regain Confidence as Private Home Sales Surge in 3Q2025

Singapore’s private residential market recorded a strong rebound in the third quarter of 2025, reflecting renewed confidence and improved buyer sentiment following the Federal Reserve’s rate cut in September. Developers launched a total of 4,746 new private homes, marking the highest quarterly launch volume since 2Q2013. The surge in supply was driven by several major projects across all market segments, including Skye at Holland, Penrith, and Faber Residence, which collectively contributed to the robust sales momentum observed during the quarter.

Sales performance was equally upbeat, with 3,320 units (excluding ECs) transacted — a sharp increase from 1,212 units sold in the previous quarter. The healthy take-up rate demonstrates buyers’ growing readiness to re-enter the market, buoyed by an improved macroeconomic outlook, greater project diversity, and stabilising interest rates. Many of these launches stemmed from Government Land Sales (GLS) sites, underlining the government’s continued effort to ensure a sustainable supply pipeline to meet housing needs.

The primary market’s resilience was complemented by sustained activity in the resale segment, which benefited from a tightening pool of completed units and healthy owner-occupier demand. Despite some buyers adopting a more selective approach, resale prices held firm, underscoring the market’s underlying stability.

As Singapore continues to advance its housing pipeline through GLS and urban renewal initiatives under the upcoming Draft Master Plan 2025, the residential market is well-positioned to maintain stability and gradual growth. Buyer prudence is still encouraged, but confidence is expected to strengthen in the months ahead as both affordability and supply visibility improve.

Click

here

for the full report 

Prepared By:

Mohan Sandrasegeran

Head of Research & Data Analytics

Email: mohan@sri.com.sg