Singapore
Singapore CBD Grade A office rents rise for third straight quarter in Q4
Singapore CBD Grade A office rents rise for third straight quarter in Q4
Rents increased by 0.6% during the quarter.
Singapore CBD’s Q4 Grade A office vacancy rate hits record highs since 2018
The vacancy rate rose to 8% in Q4.
Singapore auction success rate to hit 5% this year
This is similar to the average success rate over the past decade.
Mortgagee sale listings in Singapore surge 67.5% to 67 in Q4
And owner sale listings increased 36.6% to 56.
Singapore auction gross sales value drops 17.5% to S$28.7m in 2024
This is despite auction listings growing by 16.8% to 418 during the year.
Singapore to see diverse pipeline of residential projects this year
Project- and location-specific attributes will be key sales drivers.
Singapore HDB resale prices up 2.6% in Q4
This is the 19th consecutive quarter of increase.
Singapore private home prices grow at the fastest pace in a year
Private home prices grew by 2.3% QoQ in Q4 2024.
Singapore factory prices could grow by 3-5% in 2025
Rents are also projected to grow by 1-3%.
These were the notable industrial investment deals in Singapore in Q4
Some firms were compelled to exit, but other manufacturers expanded with new investments.
Singapore industrial sales up 26.6% to S$924.1m in Q4
There were 369 transactions during the quarter.
Singapore prime retail rents to increase by 1-3% this year
Analysts expect more collaboration amongst government agencies in 2025.
Singapore prime retail rents up 1.4% in Q4 2024
Rents increased by 3.0% for the whole year.
Singapore landed home sales up 18.6% to S$6.1b in 2024
A total of 331 homes were transacted in H2 2024 alone.
Singapore new home sales hit 10-month low in December
There were only 203 units sold during the month, down 92% from November.
Singapore prime non-landed home sales volume hits record lows since 2009
The total sales value from 184 transactions dropped 22.1% to S$1.4b in 2024.
Singapore CBD office vacancy rate falls to 6.9% in Q4
Meanwhile, office rents grew by 2.4% for the full-year 2024.