Archive for category: Misc

In the third quarter of 2025, the property auction market in Singapore saw a notable increase in the number of properties listed for auction. According to research by Knight Frank Singapore, there were a total of 132 auction listings in the quarter, excluding properties that were sold outside of auction or were repeat listings.

This marks a 10% rise from the previous quarter, which had 120 auction listings, and a 53.5% increase compared to the same period last year. This surge in listings can be attributed to the rise in mortgagee sales, which saw 85 listings in the quarter, a 32.8% increase from the previous quarter’s 64 listings.

Knight Frank’s research points to the recent reduction of interest rates and the convenience of electronic bidding platforms as the main factors contributing to the rise in mortgagee listings. Additionally, there were 29 owner sale listings in the quarter, a decrease of 29.3% from the 41 listed in the previous quarter. The remaining 18 listings were of other property types, up from 15 in the previous quarter.

The success rate of the auction market also saw an increase in the third quarter of 2025. Of the nine properties successfully auctioned, six were sold at a discount from their opening prices, with discounts ranging from 2.2% to 14.7%. The remaining three properties were sold at a premium, including a freehold industrial property at 108 Tagore Lane, which sold for 6.8% above its opening price.

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Residential properties made up the majority of auction listings at 58.3%, up from 64 listings in the previous quarter. Industrial properties accounted for 25% of the listings, while commercial properties, including retail and office units, made up 16.7% of the listings. Sharon Lee, head of auction and sales at Knight Frank Singapore, says that the market is showing renewed momentum, particularly in the industrial and residential segments.

To summarize, the Singapore property auction market saw an increase in the number of properties listed in the third quarter of 2025, driven by a rise in mortgagee sales. The market also saw a higher success rate, with properties being sold at both a discount and a premium. Residential properties made up the majority of auction listings, followed by industrial and commercial properties.