A total of 529 properties were listed for auction in 2025, marking a four-year high for the Singapore property auction market, according to ETC, a member of Realion Group.
An increase in the number of mortgagee-sale listings drove the number of overall auctions last year 22.2% higher compared to 2024. Mortgagee-sale listings accounted for 333 properties, or 62.9% of total listings, up from 184 in 2024.
Meanwhile, owner-led listings declined to 153 units, representing 28.9% of total listings in 2025.
Auctions are a “transparent and effective sales platform” says Joy Tan, ETC’s head of auction and sales. “While owner-sale listings have historically dominated auction activity, the higher proportion of mortgagee-sale listings in 2025 can be attributed in part to tighter financing conditions and a more cautious economic environment, instead of a fundamental shift in seller behaviour.”
In fact, the only other instance in recent years where mortgagee-sale listings exceeded owner-sale listings was in 2020, “a year of market disruptions that briefly shifted auction dynamics”, adds Tan.
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Residential properties continued to make up the bulk of auction listings, accounting for 50.9% of total listings last year, followed by industrial properties (22.5%), retail units (21.7%) and office assets (2.5%).
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Within residential auctions, ETC observed more listings on both ends of the value spectrum; more smaller shoebox and one-bedroom apartment units, as well as some homes above $5 million, were put up for auction — providing buyers with a range of entry points across different price brackets.
“The wide range of residential properties available for auction reflects the diversity of seller motivations. Some may be navigating tighter cash-flow positions due to higher mortgage rates locked in over the past two [to] three years,” says Tan.
Meanwhile, owners of high-value homes are turning to auction as an additional way to reach a broader pool of serious buyers and to secure ideal selling prices in a “measured” market, adds Tan.
Going, going, gone
While only a sliver of auction listings result in sales, the higher number of listings last year translated into an improved success rate. In 2025, 24 properties were sold at auction, up from 15 in 2024, lifting the success rate to 4.5%, compared with 3.5% a year earlier.
Total transaction value at auction reached $64.8 million in 2025, 126% higher y-o-y. This could be attributed to the successful sale of “several” high-value properties of more than $5 million, says ETC.
Some notable high-quantum properties that were sold last year include:
- A freehold three-storey B1 terrace factory at Tagore Industrial Avenue, sold at $9.08 million, above its opening price
- A four-bedroom apartment at The Sovereign at 99 Meyer Road sold for $7.7 million
- A freehold, two-storey detached house along Brighton Avenue sold for $7.6 million
- A two-storey corner terrace house along Hythe Road sold for $6.5 million
Looking ahead, the property auction market is expected to remain active in 2026, with a “possible uptick in high-quantum listings” as some owners recalibrate their asset-holding strategies amid evolving regulatory, financing and market conditions, according to ETC.
At the same time, the increased supply of new project completions could exert mild downward pressure on rental prices, which may affect owners’ ability to rely on rental income to service their loans, ETC adds.
Coupled with ongoing macroeconomic uncertainties and cautious business sentiment, these factors are likely to shape overall market activity in the year ahead, notes ETC, even as owner-sale listings stabilise on the back of moderating rates in 2H2026.
