Developers in Singapore sold 663 units in April 2025, marking a 9.1% decrease from the previous month but more than doubling the sales from a year ago, according to Huttons Asia. This surge in sales comes despite global tensions and uncertainties caused by recent tariff changes. The month saw the launch of 1,344 units, a 142.2% increase from March 2025 and a 383.5% rise compared to April 2024.
Three major projects—21 Anderson, Bloomsbury Residences, and One Marina Gardens—were launched in April. 21 Anderson, an ultra-luxury project, sold three units for over $60m, reflecting strong confidence in Singapore’s high-end market. Bloomsbury Residences in Queenstown attracted buyers with its lush surroundings, selling 107 units. One Marina Gardens, located opposite Gardens By The Bay, was the standout, selling 384 units, with 1-bedroom units proving particularly popular.
Huttons Data Analytics estimates that developers sold 4,038 units in the first four months of 2025, accounting for about half of their annual sales forecast. Singaporeans made up 85.5% of buyers, with permanent residents accounting for 12%. Units priced below $1.5m were in high demand, comprising over 30% of transactions.
Looking ahead, two new projects, Arina East Residences and W Residences Marina View, are expected to launch in May 2025. However, sales may dip due to the lack of large-scale launches. Despite this, the Singapore property market remains stable, with prices forecasted to grow between 4% and 7% in 2025.
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