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Singapore Confident Buyer Sentiment Defies Market Lull

Singapore’s private home market soared in H1 2025, with sales doubling year-on-year to 4,634 units.

BY Realty+
Published - Saturday, 26 Jul, 2025
Singapore Confident Buyer Sentiment Defies Market Lull

Defying mid-year market fluctuations, Singapore’s private residential sector has delivered a standout performance in H1 2025, with developers selling approximately 4,634 units—more than double the 1,889 units sold during the same period last year. This marks a 145% year-on-year surge, according to data released by the Urban Redevelopment Authority (URA).

Sales also eclipsed previous years, up 37% from H1 2023 and nearly 10% higher than the same period in 2022. Despite a slowdown in May and June attributed to school holiday lulls and fewer launches, analysts remain bullish about Q3. ERA CEO Marcus Chu noted that the upcoming quarter could see over 4,150 units launched, which may drive renewed sales momentum.

The sharp rise in private home sales reflects an increasingly confident buyer sentiment and strategic developer positioning. With inventory expansion on the horizon, market watchers anticipate continued traction in Singapore’s residential space—providing insights relevant to regional investors and cross-border property trends.

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