Singapore
Here’s why Singapore saw a surge of new residential project launches in Q3
Here’s why Singapore saw a surge of new residential project launches in Q3
Residential launches more than doubled QoQ to 1,284 units during the quarter.
Singapore’s residential supply overhang now ‘purged from the system’
Private residential rents are now expected to decline by 2.5% this year.
Singapore private residential vacant stock grows by 18.8% in Q3
The Rest of Central Region saw the largest QoQ growth.
Singapore private residential leasing volume surges by 24.4% to 25,731 in Q3
And the number of rental contracts also grew by 10% vs last year.
Singapore CBD Grade A office demand could remain weak until 2026
Rental movement is expected to be at -1% to 1% in 2025.
Why were Singapore’s retail rental declines delayed?
Analysts say rents should have started falling two quarters ago.
Singapore private residential rents rise for the first time in nine months
Rents inched up 0.5% in Q3 after three straight quarters of decline.
Singapore Grade A office rents inch up 0.5% in Q3
This is the second consecutive quarter of growth.
Singapore annual new retail completions in the next three years to underperform 2024 totals
New completions are expected to average only 527,00sq ft annually from 2025 to 2027.
Singapore CBD Grade A office vacancy declines for third straight quarter in Q3
The vacancy rate reached 6.2% during the quarter.
Singapore retail vacancy rate drops to 10-year low of 6.5% in Q3
The Orchard vacancy rate is at its lowest in five years.
What was the largest office investment deal in Singapore in Q3?
The transacted price was nearly S$70 million.
Singapore auction success rate to reach just under 6% in 2024
It’s at the lower end of the original projections at the start of the year.
Singapore million-dollar flat transactions in 2024 set to double last year’s totals
There were 750 million-dollar flats in the first three quarters of 2024.
Singapore HDB resale prices expected to grow by up to 8.5% for full year 2024
Prospective buyers must remain vigilant when making purchase decisions.
Why did residential owner listings decline in Singapore in Q3?
There were 24 residential owner listings recorded during the quarter.
Residential accounts for nearly half of Singapore’s Q3 mortgagee listings
The listings are for non-landed homes.
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