Singapore’s luxury home market remains strong in H1

Interest in Singapore’s luxury non-landed homes market remained strong, with many ultra-high-net-worth individuals (UHNWIs) expressing their desire to invest in stable locations, according to Huttons.

In its Prestige Report for Q2 2025, Huttons reported that there were 59 transactions of luxury non-landed homes in the second quarter (Q2) of the year.

Together with the sales earlier this year, 131 luxury non-landed homes were sold in the first half (H1) of 2025. This was 33.7% higher than the second half of 2024 and 19.1% higher than a year ago.

The report also said that in H1 2025, an estimated $1.1b of luxury non-landed homes were transacted, 26.3% higher than the same period in 2024.

​There were 14 transactions valued at $10m and higher in Q2 2025.

The top-selling luxury non-landed projects in Singapore for Q2 2025 were Skywaters Residences, 21 Anderson and 32 Gilstead.

For the market outlook, Huttons highlighted that Singapore is projected to experience a net inflow of 1,600 millionaires this year, according to the Henley Private Wealth Migration Report 2025.

“This will give a lift to the luxury non-landed market in the months ahead and will be positive for both sales and rental,” the report said.