# Mortgagee sales drive property auction listings to five-year high in 1H2026

- **Source:** EdgeProp Singapore
- **Published:** 2026-07-28T01:53:03.000Z
- **Author:** Atiqah Mokhtar
- **Original:** https://www.edgeprop.sg/property-news/mortgagee-sales-drive-property-auction-listings-five-year-high-1h2026
- **Topics:** Transactions & Deals

## Featured rationale

The increase signals tighter financing pressure and may expand opportunities for auction buyers, although successful sales remained limited to 13 properties worth $27.67 million.

## AI summary

Singapore recorded 292 auction listings in 1H2026, a five-year half-yearly high, including 216 mortgagee listings that rose 30.9% from 2H2025.

## Original article

The Singapore property auction market saw an uptick in mortgagee sales in 1H2026, according to research by ETC, a member of Realion Group. There were 216 mortgagee sale listings in 1H2026, 30.9% more than the 165 listings recorded in 2H2025, and 28.6% higher y-o-y.

“The larger proportion of mortgagee-sale listings this first half of the year is reflective of tighter financing conditions in the current macro-environment,” said Joy Tan, ETC’s head of auction and sales, in a July 27 release.

In contrast, owner-sale listings stood at 53 in 1H2026, dipping from 67 in 2H2025 and 86 in 1H2025. Tan attributes the decline to “a healthy resale market, which has allowed borrowers to dispose of their properties on the open market ahead of foreclosure”.

Read also: Mortgagee sale auction listings jump 28.8% q-o-q in 1Q2026, set to climb further: Knight Frank

Meanwhile, other types of sales, including estate, trustee, MCST (Management Corporation Strata Title), liquidator and sheriff sales, totalled 23 in the first half of the year. The figure edged down from 28 in 2H2025, but is higher than 15 sales recorded in 1H2025.

Overall, there were 292 auction listings in 1the first six months of 2026, 12.3% higher than the 260 listings in 2H2025, and 8.6% higher than the 269 listings in 1H2025. The 1H2026 figure represents the highest half-yearly number of listings in five years, adds Tan.

Residential listings accounted for the majority of listings, at 144, or 49.3% of the total. Industrial properties were second, with 87 listings (29.8%), followed by retail properties, with 46 (15.8%).

Tan points out that industrial listings have risen compared to the year before, driven by Business 1 and Business 2 strata factores with fewer than 30 years remaining on their leases. On the other hand, retail listings have dipped, as healthy occupancy and tight supply have supported “rapid absorption” of vacant units.

Properties that were successfully auctioned off in 1H2026 stood at 13, with a total transaction value estimated at $27.67 million. The number of transactions is on par with 2H2025 and slightly higher than in 1H2025, says ETC.

The auctioned properties were primarily residential and industrial units, with notable transactions including the sale of a terraced house at Carisbrooke Grove for $5.2 million, a single-storey intermediate terrace at Lorong 22 Geylang that fetched $3.5 million, and a three-bedder at Park Infinia, a freehold condo on Lincoln Road in District 11, that sold for $3.42 million.

Read also: Auction listings climb 10% q-o-q in 3Q2025 amid easing interest rates: Knight Frank

Looking ahead, Tan expects the auction market to remain active, with more residential and industrial mortgagee sale listings in the coming months. However, she believes total auction sales in 2H2026 will track closely to 1H2026 performance, subject to any broader macroeconomic and geopolitical changes.

## Chinese translation

> Translation model: grok

### 抵押权人强制出售推动2026上半年物业拍卖挂牌达五年高位

2026上半年有216宗抵押权人强制出售挂牌，较2025下半年的165宗增加30.9%，按年高28.6%。

根据Realion集团旗下成员ETC的研究，新加坡物业拍卖市场在2026上半年出现抵押权人强制出售（mortgagee sale）增加。2026上半年有216宗抵押权人强制出售挂牌，较2025下半年的165宗增加30.9%，按年高28.6%。

ETC拍卖与销售主管陈柔伊（Joy Tan）在7月27日的发布中表示：“今年上半年抵押权人强制出售挂牌占比上升，反映当前宏观环境下融资条件趋紧。”

相比之下，业主自行出售挂牌在2026上半年为53宗，低于2025下半年的67宗及2025上半年的86宗。陈柔伊将此下降归因于“转售市场健康，使借款人能在止赎前于公开市场处置物业”。

另读：抵押权人强制出售拍卖挂牌在2026第一季按季跳升28.8%，料将进一步攀升：莱坊

与此同时，其他类型出售——包括遗产、受托人、MCST（分层地契管理公司）、清盘人及法警出售——上半年合计23宗。该数字略低于2025下半年的28宗，但高于2025上半年的15宗。

整体而言，2026年前六个月共有292宗拍卖挂牌，较2025下半年的260宗高12.3%，较2025上半年的269宗高8.6%。陈柔伊补充，2026上半年数字为五年来半年度挂牌量最高。

住宅挂牌占多数，为144宗，占总挂牌的49.3%。工业物业次之，87宗（29.8%），其后是零售物业46宗（15.8%）。

陈柔伊指出，工业挂牌较前一年上升，主要受租约剩余不足30年的Business 1与Business 2分层工厂带动。另一方面，零售挂牌有所下降，因健康的出租率与供应紧张支持了空置单位的“快速消化”。

2026上半年成功拍卖的物业为13宗，总成交额估计约2,767万新元。ETC表示，成交宗数与2025下半年持平，略高于2025上半年。

拍卖物业主要为住宅与工业单位，值得注意的成交包括Carisbrooke Grove一栋排屋以520万新元售出、芽笼22巷一栋单层中间排屋以350万新元成交，以及位于第11区林肯路的永久地契公寓Park Infinia一套三房单位以342万新元售出。

另读：利率缓和背景下，2025第三季拍卖挂牌按季攀升10%：莱坊

展望未来，陈柔伊预计拍卖市场将保持活跃，未来数月将有更多住宅与工业抵押权人强制出售挂牌。不过她认为，2026下半年拍卖成交总量将与2026上半年表现相近，视更广泛的宏观经济与地缘政治变化而定。