If you thought the luxury market was slowing down, think again. 2025 is shaping up to be a year where high-net-worth buyers and investors are back in full swing, chasing rare formats, penthouses with a view, and condos that double as legacy pieces. With interest rates dipping and a wave of new launches in the Core Central Region (CCR), the stage was set… and the numbers don’t disappoint.

Are Condos Making a Comeback? 

Yes! And in a big way. In H1 2025, 45 units sold for S$584.3M, a 53.9% surge from last year. Average luxury prices also rose 6.2% to S$3,736 psf.

👉 Rozi’s Field Notes: When borrowing costs dip and launches sparkle, big money flows back. Safe haven vibes? Still intact.

Which Projects Stole the Spotlight? 

The head-turners this season:

  • 21 Anderson: 4 units snapped up at S$20M–24M each.
  • 32 Gilstead: 7 four-bedders moved at S$13M–15M.
  • Skywaters Residences: One unit went for a record S$30.9M (S$5,841 psf).

👉 Rozi’s Field Notes: These aren’t just homes, they’re trophies. Buyers are chasing size, status, and skyline views.

What’s Going On with Rents? 

Luxury rents edged up 4.6% in Q2 to about S$15,300/month. Four-bedders led the climb, averaging close to S$19,000/month.

👉 Rozi’s Field Notes: For investors, this is comfort food. Stable rentals = stronger holding power. It makes holding that Orchard 4-bedder a lot easier.

Why Did GCBs Slow Down? 

Only 14 GCBs sold in H1 worth S$459.6M, almost half the previous half-year. Prices softened 12.8% to S$2,122 psf, with more sales in fringe enclaves like Caldecott Hill and Chestnut Ave.

👉 Rozi’s Field Notes: This feels more like a pause than a downturn. With softer rates and stock markets buzzing, I expect Nassim and Cluny to steal back attention in H2.

What’s Next for the Rest of 2025? 

Expect more action. With 1,600 new millionaires set to move into Singapore this year, plus prime CCR launches like Upperhouse at Orchard Boulevard, the luxury condo market looks set to keep glowing. And resale is already buzzing with 120 luxury resale homes sold in Q2, beating the two-year average.

👉 Rozi’s Field Notes: New launches light the spark, but the resale market keeps the fire burning. Miss out on launch day? Buyers will happily pay a premium in resale. Bottom line: Singapore’s luxury scene isn’t slowing. It’s glowing. Condos are leading the story, rentals are steady, and GCBs are just waiting for their turn to shine again.