Auction Listings Climb 10 Q O Q 3q2025 Amid Easing Interest Rates Knight Frank

The number of properties listed for auction in the Singapore market saw a significant rise in the third quarter of 2025. According to research conducted by Knight Frank Singapore, there were a total of 132 auction listings in the 3Q2025, not including repeat listings or properties that were sold outside of the auction process. This marks an increase of 10% from the 2Q2024, when there were only 120 listings, and a 53.5% increase compared to the same period last year.

One of the main reasons for this increase was the rise in mortgagee sale listings, which saw 85 properties listed for auction in the 3Q2025. This is a 32.8% increase from the previous quarter, where there were only 64 mortgagee sale listings. Knight Frank attributes this rise to the recent easing of interest rates, as well as the convenience and wider exposure that properties gain through electronic bidding platforms.

Owner sale listings, on the other hand, saw a decrease of 29.3% from the previous quarter, with only 29 properties listed for auction. There were also 18 listings of other types, an increase from the 15 logged in the 2Q2025.

The success rate for auctions also saw a significant increase in the 3Q2025. Nine properties were successfully auctioned, resulting in a success rate of 6.8%. This is an improvement from the 4.2% success rate in the 2Q2025, where only five properties were sold. The total gross sale value of these nine properties was $27.4 million.

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Out of the nine properties, six were sold at a discount from their opening prices. This includes a residential unit at Parkshore which was sold for $4 million, 14.7% lower than its opening price of $4.7 million. The remaining three properties were sold at a premium, including a freehold industrial property at 108 Tagore Lane which was sold for 6.8% above its opening price at $9.1 million.

In terms of property type, residential properties made up the majority with 58.3% (77) of the auction listings, followed by industrial properties at 33 (25%) listings and commercial properties at 28 (16.7%) listings, which includes 20 retail units and 8 office units.

Sharon Lee, head of auction and sales at Knight Frank Singapore, believes that the market is showing renewed momentum with more properties being sold both before and during auctions, led by the industrial and residential segments.