New home sales in Singapore experienced a significant rebound in July 2025, breaking a four-month decline, as reported by the Urban Redevelopment Authority (URA).
The surge was largely attributed to the launch of five new projects, marking the highest number of releases since November 2024, Christine Sun, Chief Researcher and Strategist, Realion Group, the group behind ETC and OrangeTee, said in a note.
Sales of new homes, excluding executive condominiums (ECs), more than tripled to 940 units, a 245.6% increase from June’s 272 units. Including ECs, sales rose by 329.8% to 1,311 units.
Among the new projects, The Robertson Opus, an executive condominium, was a standout, selling 149 of its 348 units. Its 999-year leasehold tenure and prime location near Orchard Road and the Central Business District attracted buyers. Other successful projects included Otto Place, LyndenWoods, and UpperHouse at Orchard Boulevard.
The city fringe or Rest of Central Region (RCR) saw the majority of sales, accounting for 54.6% of transactions, followed by prime areas at 38% and suburban areas at 7.4%. The luxury market also showed signs of recovery, with 29 non-landed homes priced between S$5 million and S$10 million sold, up from 11 in the previous month. However, ultra-luxury condo sales were subdued, with only two transactions exceeding S$10 million.
Looking ahead, the positive sales performance is expected to boost market sentiment, encouraging hesitant buyers to invest. Sun said. With interest rates moderating, making mortgages more affordable, demand is likely to remain resilient. A robust pipeline of new project launches in the third quarter of 2025, including Springleaf Residence and The Sen, will provide more options for investors and local buyers.
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