Several new condominium developments in Singapore witnessed extraordinary sales momentum, with over 900 units sold across three launches during a single weekend in August 2025, pushing the year-to-date new launch condo sales beyond 1,820 units by early August.
The surge in buyer interest represents a notable rebound from the market lulls experienced in the earlier months of 2024, with healthy take-up rates observed across multiple developments, some of which sold out significant portions of their inventory during their launch weekends.
Buyer enthusiasm marks a decisive recovery from 2024’s slower periods, with launch-weekend sellouts becoming increasingly common.
The robust sales performance occurs within a broader context of increased supply, as Singapore is slated to see 24 new private condominium developments and three Executive Condominium projects launch throughout 2025.
Market analysts highlight that approximately 3,600 units from nine new Core Central Region condos are expected this year, with seven additional launches anticipated in the second half of 2025, strategically timed to capitalize on post-pandemic demand upswings. River Green’s impressive 88% sales rate at an average $3,130 per square foot demonstrates the strong demand in the luxury segment.
Take-up rates have rebounded particularly strongly in central and luxury segments, with demand driven by a combination of factors including pent-up buyer interest, strategic pricing strategies, and the timely introduction of new projects.
Investment buyers and upgraders constituted a significant portion of purchasers during the weekend launches, with early-bird incentives and exclusive preview events fueling the impressive initial sales figures.
The Core Central Region is expected to lead market activity in the latter half of 2025, with notable upcoming projects including The Robertson Opus, W Residences Marina View, and Newport Residences among others.
This increased traction in the ultra-luxury and high-end condominium segments spans both domestic and international buyers, reflecting renewed confidence in Singapore’s property market.
Buyers continue to show preference for quality properties with proximity to transport hubs and amenities, a trend that has remained consistent in Singapore’s real estate market.
The current sales trajectory stands in stark contrast to markets like the United States, where investor condominium purchases fell to a 10-year low in the first quarter of 2025 due to declining returns and escalating costs.
Market observers remain cautiously optimistic about the sustainability of Singapore’s current sales momentum for the remainder of 2025, with a total of 11,000 new homes projected to enter the private residential market by year-end.
