Guess how many private residential units were completed in Singapore in Q3
It has significantly increased from the prior quarter.
In a report, Savills revealed that Singapore’s stock of completed private residential properties (excluding ECs) stood at 421,656 units as of September 2025, an increase of 1,514 units, or 0.4% from three months ago.
“The completion of new private residential units (excluding ECs) rebounded to 1,776 units during the quarter, up from a low base of 341 units in Q2,” the report added.
Here’s more from Savills:
Several projects obtained their Temporary Occupation Permits (TOPs), with major ones including Lentor Modern (605 units) at Lentor Hill Estate in the OCR, Piccadilly Grand (407 units) at Farrer Park in the RCR, and One Bernam (364 units) in Tanjong Pagar in the CCR. All three projects were developed on land parcels awarded under the Government Land Sales Programme.
Despite the substantial increase in available stock, the island-wide vacancy rate in Q3/2025 fell by 0.2 ppt from the previous quarter to 6.9%, while the number of vacant units decreased by 3.7% to 28,901. This was largely attributed to a surge in leasing activity during the same period. By market segment, the CCR recorded the most significant improvement, with its vacancy rate falling by 0.8 ppt QoQ, supported by fewer new completions and stronger leasing demand.
Similarly, the RCR saw its vacancy rate improve by 0.5 ppt from the previous quarter. On the other hand, despite recording the highest leasing volume among all market segments in the reviewed quarter, the substantial number of new completions in the OCR kept its vacancy rate unchanged at 5.6%.