Auction Listings Climb 10 Q O Q 3q2025 Amid Easing Interest Rates Knight Frank
Singapore’s property auction market saw a significant increase in the number of properties listed for auction in the third quarter of 2025. According to Knight Frank Singapore, a total of 132 properties were listed for auction during this period, representing a 10% increase from the previous quarter and a 53.5% increase from the same period last year. This rise can be attributed to an increase in mortgagee sale listings, which totaled 85 in the third quarter, a 32.8% increase from the previous quarter.
Knight Frank’s research indicates that the increase in mortgagee listings is due to the recent drop in interest rates, as well as the growing popularity of electronic bidding platforms which offer greater convenience and wider exposure for properties. However, the number of owner sale listings decreased by 29.3% from the previous quarter, with only 29 properties listed.
The success rate of the auction market also saw an improvement in the third quarter of 2025. Nine properties were successfully sold through auction, representing a success rate of 6.8%. This is a significant increase from the 4.2% success rate in the previous quarter when only five properties were sold. The total gross sale value for these nine properties amounted to $27.4 million.
Out of the nine successful sales, six properties were sold at a discount from their opening prices. This includes a residential unit at Parkshore that was sold for $4 million, a 14.7% drop from its opening price of $4.7 million. On the other hand, three properties were sold at a premium, including a freehold industrial property at 108 Tagore Lane that was sold for 6.8% above its opening price of $9.1 million.
In terms of property type, residential properties made up 58.3% of the listings, with 77 properties listed, an increase from the previous quarter. Industrial properties accounted for 33 listings (25%), while commercial properties made up 28 listings (16.7%), consisting of 20 retail units and 8 office units.
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Sharon Lee, head of auction and sales at Knight Frank Singapore, believes that the market is showing renewed momentum, particularly in the industrial and residential segments. With more properties being sold before and during auctions, there is a positive outlook for the auction market in Singapore.