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Auction listings reach 157 in Q2 amidst selective buying

Residential and industrial properties dominated overall listings.

Singapore recorded 157 property auction listings in the second quarter (Q2) of 2026, up 6.1% quarter-on-quarter (QoQ) and 30.8% year-on-year (YoY).

According to a Knight Frank report, this marks a fifth consecutive quarterly increase since Q2 2025.

Gross sales value rose 36.1% QoQ to $14m, though this was down 34.3% from a year earlier—only nine of the 157 listings sold under the hammer, a success rate of 5.7%.

The listings comprised 109 mortgagee sale listings, 32 owner listings, and 16 others.

Residential and industrial properties dominated overall listings, rising 25.8% QoQ to 83 and 19% QoQ to 50, respectively.

Notable transactions included a 999-year leasehold terrace house on Carisbrooke Grove for $5.2m in May and a freehold terrace house on Guillemard Lane for nearly $3m in June.

Mortgagee sale listings—now above 100 for a second straight quarter, a level last seen in Q1 2021—rose 5.8% from 103 in Q1 2026, with listings split across 53 residential, 42 industrial, and 14 commercial. 

However, owner listings continued their decline, falling to 32 from a historical quarterly average above 60 between Q1 2021 and Q2 2025. Residential (16) and retail (10) made up most of these, with six industrial listings.

Knight Frank's head of auction & sales, Tan Tee Khoon, said rising listings signal more opportunities but noted buyers remain selective, favouring realistic pricing, asset quality, and occupier demand.

Looking to H2 2026, Knight Frank expects auction success rates to hold around 5%, with activity likely to increase as economic and sector-specific pressures push more owners and lenders toward auction.

Industrial assets—particularly B1/B2 units in locations like Paya Ubi Industrial Park—remain in demand among owner-occupiers, whilst a growing share of residential bidders are price-sensitive millennials.

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