New home sales volume

In the first quarter of 2025, the new home sales volume in Singapore saw a notable activity. Here are some key points:

- A total of 3,565 new private residential units were sold in the first quarter of 2025. This represents a 3.7% quarter-on-quarter decline from the 3,702 units sold in the fourth quarter of 2024.

- Despite the slight decline in sales volume, the market remains robust, with developers selling 1,083 new homes in January 2025 alone, indicating a strong start to the year.

- The overall market sentiment suggests that 2025 is expected to be a positive year for Singapore's private housing market, with predictions of sales ranging from 7,000 to 9,000 new homes excluding Executive Condominiums (ECs) for the entire year.