In June 2025, developers launched two notable projects, Amber House and Arina East Residences, marking the first time since 2023 that new projects have been introduced during the June school holidays. This move resulted in the launch of 187 units, a significant 835% increase from May 2025 and 58.5% higher than the same period last year. Despite a 12.8% month-on-month decline, developers sold 272 units, which is 19.3% higher than June 2024, according to Huttons Asia CEO, Mark Yip.
Amber House is the first project in the Amber area since 2019, whilst Arina East Residences is the first in Tanjong Rhu in 12 years. The Rest of Central Region (RCR) accounted for nearly 70% of sales, with the Outside Central Region (OCR) contributing around a quarter. Notably, Bloomsbury Residences and One Marina Gardens remained the top-selling projects for the third consecutive month.
Singaporeans dominated the buyer demographic, making up 85.3% of purchases, with permanent residents (PRs) accounting for 13.2%. High-value transactions included a $30.87 million unit at Skywaters Residences, purchased by a PR, and two $15 million units at 32 Gilstead, one acquired by a China PR.
Looking ahead, the market anticipates strong interest in upcoming projects, with 10 developments, including an executive condominium (EC), slated for launch in July and August 2025. These launches are expected to drive sales between 600 and 700 units in July, with annual sales projected to reach between 7,500 and 8,500 units. Prices are forecasted to rise by 4% to 7% in 2025.
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