Singapore residential sales reach a multi-year record high.

Despite being in the holiday off-peak season in December and a slight decrease in property transactions, Singapore's new residential sales in 2025 still hit a record high in many years. Data released by the Urban Redevelopment Authority of Singapore on Thursday showed that December is typically a slow season for property purchases, with 197 new private residential units sold that month. Based on calculations, this means that the total number of new private residential units sold in the country in 2025 may exceed 10,700 units. This annual sales figure far exceeds the 6,469 units in 2024 and also sets a new peak since 2021 when the buying frenzy during the pandemic pushed new home sales to 13,027 units. Preliminary estimates released earlier this month show that residential prices in Singapore rose by 3.4% in 2025, with the rate of increase slightly slowing down, but the upward trend in the housing market has continued for the ninth year. The final data on residential prices and sales in 2025 will be officially released next Friday.