Newsflash Asia – Breaking Stories, Smarter and Faster

[user-icon-header-short device='mobile']

Mortgagee sales surge in Singapore, driving auction listings up

The Singapore property auction market experienced a significant surge in 2025, with listings reaching a four-year peak. According to ETC, a member of Realion Group, 529 properties were listed for auction, marking a 22.2% rise from 433 in 2024. This increase was largely fuelled by a rise in mortgagee-sale listings, which accounted for 62.9% of the total.

The uptick in auction listings has led to a higher success rate, with 24 properties sold in 2025 compared to 15 the previous year. This raised the auction success rate to 4.5% from 3.5% in 2024. The total transaction value at auction soared to S$64.8m, a 126% year-on-year increase, driven by the sale of several high-value properties exceeding S$5m.

Joy Tan, Head of Auction & Sales at ETC, noted, “The increase in auction listings in 2025 reflected the continued use of auctions by both property owners and financial institutions as a transparent and effective sales platform.” She added that the rise in mortgagee-sale listings was due to tighter financing conditions and a cautious economic environment, rather than a fundamental change in seller behaviour.

Residential properties dominated the auction listings, making up 50.9% of the total, followed by industrial and retail properties. Notable sales included a 3-storey factory at Tagore Industrial Avenue for $9.08m and a 4-bedroom flat at The Sovereign for S$7.7m.

Looking ahead, the market is expected to remain active in 2026, with potential increases in high-quantum listings as owners adjust their asset strategies amidst changing regulatory and market conditions.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Join The Community

Join The Community

NEWSFLASH

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.