Singapore New Launch Market Report — December 2025

New Launch Report Updated Last reviewed

For digest readers, the four numbers that matter for Singapore new-launch market in 2025 12 are: (a) transacted volume relative to trailing-12-month averages, (b) median PSF for the comparable-quality sample, (c) gross rental yield (where applicable), and (d) the segment-mix composition that influenced the headline aggregate. Cross-reference the chart in this digest against URA REALIS for verified caveat-level detail, and against the URA Property Price Index for the quarterly cycle-level benchmark.

The new-launch activity reading for Singapore new-launch market reflects the interplay between (1) the policy environment (IRAS ABSD rates for buyer-side cooling, IRAS BSD rates for the standard upfront stamp), (2) the financing cost environment (MAS SORA dashboard for the floating-rate benchmark plus typical 0.6–0.85% bank spread = ~4.0% all-in), and (3) the MAS TDSR / cooling measures explainer that caps debt-servicing at 55% of gross income. Each of these levers can shift period-to-period readings independently.

The 2025 12 new-launch market report digest for Singapore new-launch market sits within a defined cycle context. Singapore new-launch supply is fed by URA Government Land Sales tranches; absorption depends on cooling-measure environment and SORA-driven mortgage cost. This digest reads the period’s data alongside the structural framework set by Singapore’s post-April-2023 cooling-measure regime — foreigner ABSD at 60%, Singapore Citizen second-property ABSD at 20%, 3M SORA in the 3.0–3.5% band — that shapes how the raw figures translate into actionable buyer or seller decisions (as of 2025-12).

Key Takeaways
  • 234 units sold in December 2025
  • 52 new units launched
  • Absorption rate: 450%
  • Top seller: THE CONTINUUM

Market Summary

In December 2025, Singapore's new launch market recorded 234 units sold across 106 active projects.

Top Projects

Top Projects — December 2025
ProjectDistrictSegmentSoldMedian PSF
THE CONTINUUMD15RCR31$2,498 psf
OTTO PLACED24OCR28$1,751 psf
POLLEN COLLECTION IID28OCR17$2,599 psf
NAVA GROVED21RCR15$2,641 psf
AURELLE OF TAMPINESD18OCR8$1,932 psf
PINETREE HILLD21RCR8$2,593 psf
CANBERRA CRESCENT RESIDENCESD27OCR8$2,008 psf
UPPERHOUSE AT ORCHARD BOULEVARDD10CCR7$3,410 psf
BLOOMSBURY RESIDENCESD5RCR6$2,542 psf
ONE MARINA GARDENSD1RCR6$3,066 psf

The 2025 12 period’s new-launch activity for Singapore new-launch market reflects specific micro-level drivers. Within the aggregate figure, individual sub-segments (different unit types, floor bands, tenure types) typically move at different rates — the period’s ‘top movers’ are units or sub-cohorts whose performance deviated meaningfully from the mean. For investors and sellers, identifying these movers is more useful than the headline average because the mean smooths out the dispersion that creates actual buying or selling opportunities.

Typical top-mover categories in any digest period include: (a) freehold units in 99-year-dominated districts that command a meaningful tenure premium, (b) high-floor units in projects with strong views or panoramic orientation (5–15% PSF premium vs low-floor in same project), (c) recently-renovated stock that commands ~5–10% premium over comparable un-renovated transacted PSF, and (d) units close to recently-opened MRT lines or new developments that create proximity-premium uplift. For Singapore new-launch market in 2025 12, the dispersion across these categories is the more informative reading than the headline median. Use new launches map for cross-reference.

Conversely, soft-mover categories typically include 99-year leasehold stock approaching financing-window thresholds (lease <30 years), units with unfavourable orientation or noise exposure, and developments where MCST management quality has degraded. Cross-reference URA REALIS for the per-project caveats and assess which projects in Singapore new-launch market fall into which category.

The embedded chart for this new-launch market report digest of Singapore new-launch market in 2025 12 visualises the new-launch activity trajectory. The two readings to focus on are (1) the absolute level versus the trailing-12-month mean, and (2) the direction of change across the most recent 3–4 periods. A single-period spike or trough is rarely informative; sustained directional movement across multiple periods signals a structural shift worth acting on.

For comparative context, place Singapore new-launch market’s 2025 12 reading against (a) the corresponding national-level URA Property Price Index figure for the segment, and (b) the equivalent reading in adjacent districts or towns. The relative positioning — whether Singapore new-launch market is leading or lagging the national segment — informs whether the period’s reading is geography-specific or part of a broader cycle move. Use BSD/ABSD calculator for district-level visual comparison and mortgage calculator for direct numeric benchmarking.

Looking ahead from 2025 12, the forward variables for Singapore new-launch market new-launch activity are (a) the URA Government Land Sales pipeline within a 1km radius, which determines new-supply pressure, (b) the SORA trajectory over the next 2–4 quarters, which shapes mortgage-driven affordability, and (c) any local infrastructure changes (new MRT stations, school openings, redevelopment of neighbouring plots) that could shift relative attractiveness. Track these via URA REALIS and the MAS SORA dashboard (as of 2025-12).

Frequently Asked Questions

What does the 2025 12 new-launch market report reading for Singapore new-launch market indicate?

The reading is a snapshot of transacted activity in 2025 12 for Singapore new-launch market on the new-launch activity dimension. Single-period readings are most informative when read against trailing-12-month and same-period-prior-year benchmarks. Pull verified caveats from URA REALIS for transaction-level detail (as of 2025-12).

How was this new-launch activity figure computed?

The figure is derived from URA REALIS caveats for Singapore new-launch market filed during 2025 12. new-launch activity computations follow standard methodologies: gross yield = annual rent / purchase price for the same unit cohort; transacted PSF = price / floor area; volume = caveat count for the segment. For HDB digests the equivalent source is the HDB resale portal.

How does this period compare to the same period a year ago?

Year-over-year comparison strips out seasonality. The most informative read is whether 2025 12’s new-launch activity reading is materially above or below the equivalent period one year earlier, controlling for the broader Singapore property cycle. Use the URA Property Price Index for cycle-level context.

What policy environment shaped this reading?

The reading sits within the post-April-2023 cooling-measure regime: foreigner ABSD 60%, SC second-property ABSD 20%, TDSR 55% per the MAS TDSR / cooling measures explainer. SORA-linked mortgage rates near 4.0% effective shape the affordability ceiling. These structural variables affect demand-side composition across all digest periods since 2023.

Should I act on this digest?

Honest answer: depends on holding horizon and buyer profile. For owner-occupiers with 10+ year horizons, single-period digest readings rarely trigger action. For sellers or short-horizon investors, sustained directional moves across 3–4 periods may indicate timing windows. Cross-reference your specific buyer profile via the IRAS BSD rates and CPF home ownership rules alongside the digest data.

Where can I find more new-launch market report data for Singapore new-launch market?

The authoritative source is URA REALIS for private residential, HDB resale portal for HDB. ShiokNest aggregates this data into per-geography, per-period, and per-segment views with chart visualisations and trend analysis.

Methodology & Sources

The dataset behind this report spans December 2025; we refresh it Monthly (auto-generated each period).

Transaction data sourced from URA REALIS.

  • URA developer sales data via URA REALIS
  • Prices reported as PSF (per square foot) of strata area

Price-per-square-foot (PSF) here means the median deal in the period; means are reserved for volume-weighted aggregates explicitly labelled as such.