Singapore secondary home sales up 1.3% to 15,677 units in 2025

This marks the second consecutive year of growth.

Singapore’s secondary residential market recorded a modest increase in 2025, with total sales reaching 15,677 units — up 1.3% year-on-year — marking the second consecutive year of growth, according to Savills. The growth was more moderate than in 2024, when secondary sales rose 15.3%, reflecting a stabilising market amid continued strong demand for primary homes.

By region, the Core Central Region (CCR) and Rest of Central Region (RCR) each registered their second straight year of growth, with secondary sales rising 9.7% and 3.1% to 2,799 and 4,821 units respectively. In contrast, the Outside Central Region (OCR) saw a 2.4% decline to 8,057 units, indicating a relative slowdown in outer areas compared with central segments.

Quarterly trends in Q4/2025 showed a softening in secondary market activity, with sales declining 8.7% quarter-on-quarter to 3,759 units and falling 6.3% year-on-year. All three market segments posted declines, led by the RCR with a 12.5% drop to 1,124 units, likely reflecting some demand diversion to the more active primary market. The OCR fell 7.5% QoQ to 1,937 units, while the CCR recorded the smallest decrease of 5.3% to 698 units, reversing the growth seen in the prior quarter.

Savills noted that despite the Q4 slowdown, the overall secondary market remains resilient, supported by steady buyer interest in central regions, while outer regions continue to moderate as supply and demand dynamics adjust.