Mortgagee sales surge 81% as auction volume hits 4-year high
Total property listings climbed to 529 units, marking a significant 22.2% annual increase.
Residential properties accounted for 50.9% of all Singapore auction listings in 2025, with the market reaching its highest volume in four years, according to ETC, a member of Realion Group.
Industrial assets followed at 22.5%, retail at 21.7%, whilst office, shophouse, and other property types made up the remaining 5% of market share.
A total of 529 properties were listed for auction during the year—a 22.2% increase from the 433 listings recorded in 2024—driven by a sharp rise in mortgagee-sale listings.
Mortgagee sales jumped 81% to 333 units, up from 184 the previous year. Owner-led listings declined to 153 units, accounting for 28.9% of the market.
Total transaction value at auction reached $64.8m, representing a 126% year-on-year increase, the report said.
The overall success rate stood at 4.5%, with buyers purchasing 24 properties in 2025, bolstered by high-quantum sales exceeding $5m.
The report cited a freehold terrace factory at Tagore Industrial Avenue sold for $9.08m and a four-bedroom apartment at The Sovereign sold for $7.7m as notable high-quantum transactions during the year.
Joy Tan, head of Auction & Sales at ETC, attributed the shift toward mortgagee sales to tighter financing conditions and a cautious economic environment.
Tan also noted that the residential segment saw an influx of both entry-level “shoebox” apartments and luxury homes exceeding $5m, as owners navigated cash-flow challenges stemming from high mortgage rates.
Looking ahead to 2026, ETC said that whilst the auction market will remain active, an increase in new project completions may put downward pressure on rental prices, affecting some owners’ ability to service loans.
Market analysts expect owner-sale listings to stabilise in the latter half of 2026 as interest rates are projected to moderate.
A Knight Frank report also projects a 5% property auction success rate for 2026, following a strong performance in 2025.