Top 15 best-selling new home launches of 2025 signal broad-based market rebound
The 343-unit LyndenWoods by CapitaLand Development at Science Park Drive was over 99% sold as at Dec 16 (Photo: CapitaLand Development_
Ask Buddy
Of the 15 best-selling new home launches in 2025, nine achieved sales of over 90% — a clear signal that the year’s strong performance was driven by broad-based demand rather than a handful of standout projects.
Two developments crossed the 99% sales threshold: the 666-unit Skye at Holland, developed by a UOL Group-CapitaLand joint venture, and the 343-unit LyndenWoods by CapitaLand Development at Science Park Drive. Another project, the 477-unit Lentor Central Residences, by a consortium comprising Hong Leong Group, GuocoLand and CSC Land Group, is now fully sold.
Together, these results indicate a residential market that remained resilient and well supported in 2025, even amid global economic uncertainty and heightened geopolitical risks.
Three best-sellers of 2025
According to PropNex’s 2026 Property Market Outlook report published on Dec 16, developers sold about 10,620 new private homes (excluding executive condominiums) in the first 11 months of 2025. This exceeded the annual sales recorded in each of the past three years, from 2022 to 2024, which ranged from 6,400 to 8,000 units.
Based on total units sold, the top three best-selling residential projects of 2025 accounted for 2,748 units — about 26% of the 10,620 units sold in the first 11 months of the year.
The top seller was the 1,193-unit ParkTown Residences, the only mega development (1,000 units or more) launched in 2025. Developed by a joint venture among UOL Group, Singapore Land Group, and CapitaLand Development, the 99-year leasehold, mixed-use project will have a mall, and is integrated with a transport hub, namely the Tampines North MRT Station (Cross Island Line) and a bus interchange. It achieved an 87% take-up rate during its launch weekend in February and is 93% sold as of Dec 16.
This was followed by Springleaf Residence, a 941-unit development by GuocoLand, which is 96% sold to date. The project is a short walk to Springleaf MRT Station on the Thomson-East Coast Line and is next to the conserved Springleaf Forest.
Ranked third is The Orie, a 777-unit project in Toa Payoh — the town’s first new private residential launch in over a decade. Developed by City Developments Ltd (CDL), Frasers Property and Sekisui House, the project is 94% sold, following an 86% take-up rate during its launch weekend in January.
Prices remain measured despite strong sales
Despite robust sales momentum, overall private home prices remained relatively measured, PropNex notes.
The URA Private Property Price Index (PPI) rose 2.7% in the first nine months of 2025, setting the stage for moderate price growth for the full year.
Private home prices have now increased at a slower pace for three consecutive years since 2022. In 2024, the PPI rose 3.9%, and PropNex is forecasting price growth of 3% to 4% in the coming year.
CCR projects accounted for 23% of units launched
Around 23% of units launched in 2025 were in the Core Central Region (CCR) — the largest injection of new supply in this segment since 2021 — according to Huttons Asia in its residential market report.
New CCR launches this year include the 18-unit luxury project 21 Anderson (District 10) by Kheng Leong Co., as well as Anagram Homes by Aurum Land, a boutique landed housing development along Kheam Hock Road in prime District 11 comprising eight homes: three detached houses, two semi-detached houses and three terraced houses.
Other CCR projects launched this year include Aurea, a 188-unit luxury residential tower linked to the conserved The Golden Mile mixed-use development on Beach Road, jointly developed by Far East Organization, Perennial Holdings and Sino Group.
Larger-scale CCR projects include Skye at Holland (District 10), the 524-unit River Green by Wing Tai Holdings, and the 683-unit W Residences Marina View by IOI Properties Group.
Strong sales momentum continues in ECs
Two executive condominiums (ECs) were launched this year. The first was the 760-unit Aurelle of Tampines by Sim Lian Group. Launched in March, 682 units (90%) were taken up during the first weekend at an average price of $1,766 psf. The project was fully sold a month later, with the remaining units snapped up by second-timers — buyers who had previously received a HDB housing subsidy.
The second EC launch was Otto Place, the 600-unit development at Tengah Plantation Close, by joint-venture partners Hoi Hup Realty and Sunway Developments. A total of 351 units (59%) were sold on launch day in July at an average price of $1,750 psf. The project is now 97% sold at an average of $1,758 psf, based on caveats lodged as at Dec 16.
Pent-up demand and ample liquidity
Lee Sze Teck, senior director of data analytics at Huttons Asia, attributes the strong sales performance to attractively priced launches, pent-up demand, lower interest rates, firmer economic growth and ample liquidity.
He notes that following the first US Federal Reserve rate cut in September 2025, local borrowing rates have slipped below 2%. “Borrowing rates are at their lowest since 2023, and that has attracted several investors keen to invest in property,” he says.
Singapore’s household wealth has also expanded since 2023. Currency and deposits held by households stood at $680.154 billion as at 2Q2025 — about $90.59 billion, or 15.4%, higher than in 1Q2025, notes Huttons. “This increase in wealth is equivalent to 9,000 private luxury condos priced at $10 million each,” adds Lee.
In November, the Ministry of Trade and Industry raised its 2025 GDP growth forecast to around 4%, up from 1.5%-2.5% previously, following a stronger-than-expected 3Q2025 performance. Private-sector economists have also raised their growth projections to about 4.1% for 2025 and 2.3% for 2026.
Despite a year marked by tariffs, geopolitical tensions and global economic uncertainty, Singapore’s residential market surprised on the upside in 2025. The breadth and pace of sales suggest that housing demand remains fundamentally resilient, even amid global volatility.
Check out the latest listings for Lyndenwoods properties
Ask Buddy
Follow Us
Property updates, 24/7.
Subscribe to Newsletter
Market insights, delivered weekly.
Top Articles
Search