Developer sales figures for the month of February 2025

Hello!

Developer sales figures for the month of February.

Developers launched 1,694 units for sale in February 2025, an 89.1% increase from January and 37.6 times more than February 2024. ELTA and PARKTOWN Residence drew strong interest, attracting over 3,000 buyers.

A total of 1,575 new homes were sold, reflecting a 45.4% rise from the previous month. PARKTOWN Residence sold 1,041 units, becoming the first mega project to surpass 1,000 units in its launch weekend since High Park Residence in July 2015, while ELTA recorded over 326 units sold.

Three new launches in March 2025—Aurea, Aurelle of Tampines (EC), and Lentor Central Residences—have collectively contributed an estimated 1,150 units sold. New home sales excluding ECs are expected to surpass 3,200 units in the first quarter of 2025.

In April, five projects—21 Anderson, Arina East Residences, Bloomsbury Residences, One Marina Gardens, and W Residences Singapore Marina View—are expected to book sales. For the full year, developers are estimated to sell between 7,500 and 8,500 units, with prices anticipated to rise between 4% and 7%.

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