Singapore
Singapore new home sales drop 35.4% to 203 units in October
Singapore new home sales drop 35.4% to 203 units in October
This marks the lowest monthly tally this year.
Singapore’s overall resale condo prices to grow by 4 to 6% this year
It’s relatively slower compared to the 8.7% growth recorded in 2022.
Owner listings outperform mortgage listings in Singapore for tenth consecutive quarter
Owner listings grew 22.8% to 70 in Q3 2023.
Resale condo prices between Singapore’s prime districts and city fringe achieve smallest gap in 22 years
The median price per square foot narrowed to 17.5% in Q3.
Distress residential properties now surfacing in Singapore’s auction market
Out of 29 mortgagee listings in Q3, 22 were residential properties.
Singapore auction listings increase by 24.4% to 102 in Q3
Almost half of the listings were from the residential sector.
Singapore home resale volume drops 12% to 2,748 units in Q3
Resale transactions in the OCR were least affected.
Singapore CBD office occupancy stable at 94.4% in Q3
Current occupiers are more likely to renew their lease contracts than to relocate.
Core CBD premium office rents in Singapore snap 2-year growth streak in Q3
Rents dipped by 0.1% in Q3, the first decline since Q1 2021.
Singapore industrial sales drop 13.9% to S$922.7m in Q3
This comes from 381 transactions closed during the quarter.
Singapore overall prime retail rents up 4.3% in Q3
Marina Centre, City Hall, and Bugis registered the highest annual growth of 5.3%.
Singapore retail rental and price indices rise for second consecutive quarter in Q3
Retail rental and price indices grew 0.5% and 0.6% in Q3, respectively.
Singapore real estate investments grow 8.5% to SGD7b in Q3
Thanks to a few Government Land Sales deals.
Signs that Singapore is finally achieving balance in residential supply and demand
Home prices are showing signs of stabilisation, inching up 0.8% in Q3.
Singapore office rental index jumps 4.9% in Q3
Rents have now grown by 12.8% in the first nine months of the year.
Singapore private non-landed residential rents could rise by up to 10%: Savills
Rents have already increased by 7% year-to-date.
Singapore’s 2023 total investment sales to fall short of S$25b forecast
The projection dropped 20% to S$19 to S$20 billion.