Secondary sales transactions fell for the fifth consecutive quarter, declining 13.5% q-o-q and 19.9% y-o-y to 2,931 in 3Q2025.
A clear trend of demand in the primary market has emerged, as secondary market sales flounder according to data released by the Urban Redevelopment Authority (URA), Knight Frank says.
In a report released Oct 7, Knight Frank says that sales momentum picked up in 3Q2025 with an influx of new launches by developers. The boost was due to the 174.2% q-o-q increase in new sales to 3,238 units in the third quarter. On a yearly basis, this represented 204% more new sales.
