Singapore secondary residential sales hit highest quarterly increase since Q2 2024

Sales grew by 5.1% to 4,116 units in Q3.

In Singapore’s secondary residential market, Savills noted in a report that sales continued to increase for the second consecutive quarter and by a larger rate of 5.1% QoQ to 4,116 units. In the second quarter, the rise was 0.8%.

This was also the highest quarterly increase since Q2/2024 when the secondary sales volume rose 36.7%. Nevertheless, it was still 2.3% lower on a YoY basis.

Here’s more from Savills:

Across the three market segments, all three market segments recorded quarterly increases in secondary sales volume. Secondary sales in the CCR grew the most, increasing 12.5% QoQ to 737 units in Q3/2025, the largest amount since Q2/2022 when secondary sales amounted to 744 units.

Similarly, secondary sales in both the RCR and OCR rose 4.6% and 3.0% QoQ to 1,284 and 2,095 units respectively. The low-interest rate environment and high HDB resale prices, along with much higher prices of new launches and the generally larger sizes of the older resale units, may have motivated some homebuyers to the secondary sales market.