Auction listings rise 8.8% to 148 as mortgagee sales dominate Q1

Singapore Business Review
2026.04.27 21:30
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Auction listings in Q1 2026 rose 8.8% YoY to 148, driven by 103 mortgagee sales, according to Knight Frank Singapore. Total sales value increased 13.7% YoY to $10.3m, with a success rate of 3.4%. The largest sale was a terrace house for $3.5m. Mortgagee listings surged 28.8% from the previous quarter. Residential properties dominated listings, while owner sales decreased. The auction market is expected to remain active, influenced by higher listings but cautious buyer sentiment.