Developers in Singapore experienced a slowdown in sales for June 2025, with only 272 new private homes sold, marking a 12.8% decrease from May’s 312 units. This decline is attributed to limited new project launches during the school holidays. Despite the dip, sales were up 19.3% compared to June 2024, according to data from the Urban Redevelopment Authority (URA).
Only two new projects were introduced in June: Arina East Residences and Amber House, both located in District 15. These projects contributed to the 187 new units launched, a significant increase from the 20 units in May. The Rest of Central Region (RCR) continued to lead sales, with 189 units sold, slightly down from 191 in May. Notable projects included One Marina Gardens and Bloomsbury Residences.
The Outside Central Region (OCR) saw a 34.9% drop in sales, with 69 units sold, the lowest in over a year. Hillock Green was the top seller in this region. In the Core Central Region (CCR), only 14 units were sold, the lowest since January 2009. High-value transactions included a $30.87 million unit at Skywaters Residences.
Executive condominiums (ECs) saw a rise in sales, with 33 units sold, up 37.5% from May. The upcoming launch of Otto Place EC is expected to boost this segment further.
Wong Siew Ying, Head of Research & Content at PropNex Realty, noted, “June was a relatively quiet month for developers’ sales, but the lull is expected to be short-lived with sales projected to pick up in July as several new launches are lined up.” Upcoming projects in July, including LyndenWoods and UpperHouse, are anticipated to revitalise the market.
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