Singapore’s Q3 new residential sales surge by nearly threefold to 3,288 units

Thanks to the healthy number of new launches in the quarter.

As a result of the surge in new residential launches in Singapore, Savills data from a recent report revealed that new sales increased by nearly threefold from 1,212 units in Q2/2025 to 3,288 units in Q3/2025. This was a rebound after a plunge in the previous quarter.

“On a YoY basis, the new sales were also 183.4% higher than in the same period a year ago.”

Here’s more from Savills:

While the sales volume increased substantially, the take-up rate (total new sales over total launched units) has been falling, from 107.5% in Q1/2025, to 79.7% in Q2/2025 and 78.5% in Q3/2025. CCR had the sharpest spike in new sales, with a surge from 44 units in the previous quarter to 903 units in the reported quarter, as the number of units launched rose significantly and narrowing of price gap between new launches in the CCR and RCR. The figure was the highest since 994 units were sold in the CCR in Q4/2010.

This was followed by the OCR, where new sales grew almost sixfold from 266 units in Q2/2025 to 1,295 units in Q3/2025, which comprised the highest sales volume across the three market segments. New sales in the RCR increased 20.8% QoQ to 1,090 units in the quarter, exceeding the number of launched units in the quarter.

As such, the OCR constituted the largest proportion of new sales in Q3/2025, accounting for 39.4%. New sales in the RCR and CCR made up 33.2% and 27.5% of total new sales respectively. For the CCR, this was the largest proportion since Q1/2023 when new sales in the region made up 43.1% of total new sales in that quarter.

In Q3/2025, all the top five best-selling projects in the primary market came from the new launches in the quarter. The projects that were newly launched in the quarter that made it to the top five were deemed to be well-located and imbued with positive site attributes, making them attractive to the local buyers that have either acquired homes for own occupation or lease to foreign professionals residing in Singapore.