Singapore New Home Sales Close 2025 at 197 Units in December – Holiday Lull Caps a Landmark Year
AsianPrime Monthly Market Recap • December 2025
December 2025: Holiday Lull Caps the Strongest Year Since 2021 – Resilient Demand Underpins 2026 Pipeline
Singapore’s private new home market closed 2025 on a predictably quiet note, with developers selling 197 units (excluding ECs) in December – down 39.4% from November’s 325 and broadly flat year-on-year against December 2024’s 203 units. With only 52 units launched and holiday travel reducing buyer activity, the month was a natural wind-down. However, the full-year picture told a very different story: 2025 recorded the strongest new home performance since 2021, with private residential prices rising a measured 3.4% – the slowest annual increase since 2020.
Units Sold (excl. EC)
MoM Change
2025 Price Growth
Units Launched
Established Projects Clear Inventory
December’s sales were driven by projects with established buyer awareness clearing remaining inventory, rather than fresh headline launches. The Continuum (RCR) led with 31 units at S$2,498 psf, underscoring sustained interest in well-located freehold developments within the city fringe.
Otto Place EC continued its strong run in the executive condominium segment, moving 28 units at S$1,751 psf. Its pricing remained an attractive entry point for first-time buyers and HDB upgraders priced out of private condominiums, confirming the EC segment’s resilience as affordable supply tightens.
The month’s only new launch was Pollen Collection II, a landed housing development in the OCR that sold 17 units at S$2,599 psf – an uncommon product type in the primary market that demonstrated niche demand for larger family homes among buyers seeking longer-term living spaces.
Regional Breakdown: RCR Anchors a Quiet Close
The Rest of Central Region (RCR) led with 110 units (55.8% share), supported by steady absorption at established projects. The Outside Central Region (OCR) recorded 67 units (34.0%), buoyed by Pollen Collection II and continued EC demand. The Core Central Region (CCR) contributed just 20 units (10.2%), reflecting price sensitivity in the prime segment when no major headline launch is available.
| Region | Dec 2024 | Nov 2025 | Dec 2025 | MoM | YoY |
|---|---|---|---|---|---|
| CCR | 32 | 30 | 20 | -33.3% | -37.5% |
| RCR | 109 | 187 | 110 | -41.2% | +0.9% |
| OCR | 62 | 108 | 67 | -38.0% | +8.1% |
2025 in Review: Volume Surged, Prices Stayed Measured
The full-year 2025 picture painted a market in robust health. Transaction volumes soared to their highest since 2021, powered by a fuller launch calendar, easing borrowing costs, and steady owner-occupier demand. Yet private residential prices rose only 3.4% for the year – the slowest annual increase since 2020 – suggesting that developers’ competitive pricing strategies kept affordability in check even as volumes climbed.
This “high volume, moderate price growth” dynamic was healthy for the market’s long-term sustainability. It indicated genuine end-user demand rather than speculative froth, with cooling measures continuing to effectively channel activity toward owner-occupiers and away from leveraged speculation.
Frequently Asked Questions
How many new private homes were sold in December 2025?
Developers sold 197 private residential units (excluding ECs) in December 2025, down 39.4% from November’s 325 units and roughly flat compared to December 2024’s 203 units.
How did the full-year 2025 perform for new home sales?
2025 recorded the strongest full-year new home performance since 2021, with private residential prices rising a measured 3.4% – the slowest annual increase since 2020. High transaction volumes were driven by a fuller launch calendar and easing borrowing costs.
Which projects led sales in December 2025?
The Continuum (RCR) led with 31 units at S$2,498 psf, followed by Otto Place EC with 28 units at S$1,751 psf. Pollen Collection II, a landed development, was the only new launch with 17 units at S$2,599 psf.
What is the outlook for Singapore property in 2026?
A tighter launch pipeline in 2026 compared to 2025 could keep demand competing for fewer new units, particularly in the city-fringe segment. Combined with favourable borrowing conditions and steady domestic fundamentals, pricing resilience is expected even as transaction volumes normalise.
Source: AsianPrime Properties Monthly Newsletter, February 2026. Market data sourced from URA and developer sales records for December 2025 and full-year 2025.
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