Strong Increase in Residential Launches in Q3/2025
In the third quarter of 2025, there was a significant increase in the number of residential units launched in Singapore. According to a report, the total number of units reached 4,191, which is more than double the 1,520 units launched in the second quarter of the same year. This surge occurred despite the impact of the Hungry Ghost Festival during the quarter.
The festival, which took place from August 23 to September 21, influenced the timing of launches. Developers brought forward their projects before the festival began, resulting in 4,171 units being launched in July and August. Only 20 units were launched in September after the festival ended.
Compared to the same quarter last year, when 1,284 units were recorded, the current quarter’s numbers show a positive trend. The increased activity suggests that developers are aiming to capitalize on the momentum in the housing market.
Market Segment Analysis
The rise in new launches was observed across all three market segments, with the exception of the Rest of Central Region (RCR), where the number of units dropped by 32.7% compared to the previous quarter. In Q3/2025, the RCR saw 998 units launched.
In contrast, the Core Central Region (CCR) experienced a substantial rebound. The number of units launched in this region jumped from just 18 units in Q2/2025 to 1,856 units in Q3/2025. This marks the highest level since 1,988 units were launched in Q1/2010. The CCR had seen two consecutive quarters of decline before this recovery.
Similarly, the Outside Central Region (OCR) also showed a notable increase. The number of units launched in this area rose from 20 units in the previous quarter to 1,337 units in Q3/2025.
Distribution of New Launches
Across the three market segments, the CCR accounted for the largest share of new launches in Q3/2025. It made up 44.3% of the total, followed by the OCR at 31.9% and the RCR at 23.8%. The last time the CCR represented the largest portion of new launches was in Q2/2024, when it accounted for 40.9% of the total.
This distribution highlights the continued importance of the CCR as a key area for real estate development. The strong performance in the CCR and OCR indicates a growing interest in these regions, while the RCR faces challenges that may require further analysis.
Key Takeaways
- The number of residential units launched in Q3/2025 increased significantly compared to the previous quarter.
- The Hungry Ghost Festival influenced the timing of launches, with most units released before the festival began.
- The CCR saw the largest rebound in launches, reaching levels not seen since 2010.
- The OCR also experienced a major increase, while the RCR faced a decline.
- The CCR remains the leading market segment in terms of new launches, reflecting its ongoing significance in the Singapore real estate landscape.