Auction listings climb 10% q-o-q in 3Q2025 amid easing interest rates: Knight Frank
Three properties were knocked down at a premium, including a freehold industrial property at 108 Tagore Lane, which was sold for 6.8% above its opening price at $9.1 million (Phoro: ETC)
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The Singapore property auction market recorded a rise in the number of properties listed for auction in 3Q2025. According to research by Knight Frank Singapore, auction listings totalled 132 last quarter, including repeat listings and excluding properties sold outside of auction.
This marks a 10% q-o-q increase from the 120 auction listings seen in 2Q2024, and 53.5% higher y-o-y compared to the same period last year. This came on the back of a rise in mortgagee sale listings, which saw 85 such listings during the quarter, up 32.8% q-o-q from the 64 mortgagee sale listings in 2Q2025.
Research by Knight Frank attributes the rise in mortgagee listings to the recent easing of interest rates, as well as the increased convenience and wider exposure properties gain through electronic bidding platforms.
Owner sale listings totalled 29 in 3Q2025, down 29.3% q-o-q compared to 41 recorded in the previous quarter. There were also 18 listings of other types, up from 15 logged in 2Q2025.
The auction market also saw a higher success rate in 3Q2025. Nine listings were knocked down last quarter, reflecting a success rate of 6.8%. This marks an increase from the 4.2% success rate from the five properties sold at auction in 2Q2025. The properties successfully auctioned in 3Q2025 had a total gross sale value of $27.4 million.
Six of the properties were sold at a discount from their respective opening prices. This includes an MCST sale for a residential unit at Parkshore that changed hands for $4 million, 14.7% lower than its opening price of $4.7 million.
The remaining three properties were knocked down at a premium, including a freehold industrial property at 108 Tagore Lane, which was sold for 6.8% above its opening price at $9.1 million. Meanwhile, a two-bedder at Astoria Park and a ramp-up factory at Yishun Industrial Street 1 were knocked down at $1.2 million and $868,888 respectively, translating to premiums of 3.3% and 2.2% from their opening prices.
In terms of property type, residential properties made up the majority at 58.3% (77), up from the 64 residential listings in 2Q2025. Industrial properties made up 33 listings (25%), up from the 28 listings during the previous quarter. Meanwhile, commercial properties made up 28 (16.7%) listings, including 20 retail units and 8 office units.
“With more properties sold both before and during auctions, the market is showing renewed momentum, led by the industrial and residential segments,” says Sharon Lee, head of auction and sales at Knight Frank Singapore.
Check out the latest listings for Astoria Park, Parkshore properties
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