COTD: Luxury home market sees surge in sales volume

141 luxury homes in the core central region exceeding $5m were transacted.

Singapore’s demand for luxury homes continues to show strong momentum, with sales volumes surpassing the average number of units sold over the past two years, according to a Realion report.

According to the report, 141 luxury homes in the core central region (CCR) exceeding $5m were transacted during the second quarter of the year.

The strong demand was driven by luxury homes in the secondary market as 120 resale luxury homes were sold, which is above the quarterly average of 94 units for the past two years.

Another 19 new luxury homes were sold and most of these units were from 21 Anderson (5 units), Watten House (5 units), and 32 Gilstead (3 units).

Moreover, 94 luxury condos were sold compared to the 88 units inked in Q1 2025.