143 views
Cyrill from Pexels

Auction listings rise 10% QoQ to 132 in Q3

By property type, residential listings made up the majority at 77 (58.3%).

Auction listings in Singapore climbed to 132 in Q3 2025, marking a 10.0% increase QoQ and a 53.5% jump YoY, according to the latest market update. The rise was largely driven by a surge in mortgagee sale listings, which rose to 85, up 32.8% from 64 in the previous quarter.

The auction success rate stood at 6.8%, with nine properties sold for a combined $27.4m in gross sales value. This brings the year-to-date total to 21 properties sold at auction, already surpassing the 15 recorded in all of 2024.

Of the nine properties sold in Q3, six transacted below opening price—including a unit at Parkshore, which sold for $4.0m, or 14.7% below its S$4.7 million opening price.

Meanwhile, three sold above opening, such as 108 Tagore Lane, which fetched $9.1m, 6.8% above its $8.5m opening.

By property type, residential listings made up the majority at 77 (58.3%), followed by industrial (33 or 25.0%) and retail (20 or 15.2%). Office listings dropped to just one, and shophouse listings remained minimal.

Mortgagee listings dominated across sectors: 43 residential (32 non-landed, 11 landed), 27 industrial, and 15 retail—with notable entries including Midpoint Orchard and Sim Lim Square.

No office properties were listed under mortgagee sales. Of the nine successful sales, seven were mortgagee sales, comprising four residential and three industrial units.

Owner listings declined to 29, a 29.3% drop from the previous quarter. Only one owner-listed property was sold: a freehold 3-storey terrace factory at Tagore Lane, which transacted at 6.8% above its opening price.

The report attributed the auction market’s continued momentum to easing interest rates and the growing use of electronic bidding, which have broadened buyer participation and increased market visibility.

Demand remains particularly active in the industrial and residential segments, whilst repeated listings in older strata-titled retail properties point to ongoing financing stress in that sector.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.