Singapore
These were the successfully auctioned properties in Singapore in Q2
These were the successfully auctioned properties in Singapore in Q2
Only four industrial mortgagee listings were sold.
Singapore’s best-selling resale condos in Q2 revealed
The Bencoolen sold 31 units, followed by High Park Residences with 23 units.
Only 4 out of 82 auction listings in Singapore were sold in Q2
The success rate was at 4.9%.
Demand for resale condos in Singapore remains healthy despite higher prices
Sales only dipped 1.5% to 2,376 units in Q2.
What’s the most expensive HDB flat ever sold in Singapore?
It was a 4-room jumbo flat sold in June.
Singapore condo resale prices rise for the fifth consecutive quarter
Prices inched up by 0.6% to S$1,624 psf in Q2.
Singapore prime retail rents to grow by up to 5% this year
Thanks to more tourist arrivals expected in the coming months.
See which towns in Singapore hit new records for HDB prices
The highest record was S$1.5 million in Bukit Merah.
Singapore prime retail rents inch up 0.8% in Q2
It's a slower growth rate compared to the previous quarter’s 1.2%.
Singapore’s total HDB sales volume to reach up to 27,000 units this year
And the growth of resale prices may slow to 4-6%.
Singapore prime office rents to rise by 3-5% this year
This is higher than the 3% forecast released late last year.
Don’t read too much into Singapore’s June home sales slump: PropNex
There were barely any launches during the month, which caused the decline.
Singapore new private home sales hit 6-month low in June
There were only 278 units sold during the month.
What’s driving robust office demand in Singapore?
Despite firms’ plans to reduce office footprint, there will still be a net increase in office demand.
Singapore prime office rents up 1.2% in Q2
This brings total rental growth to 2.5% in H1 2023.
Nearly 2,000 new hotel rooms expected to open in Singapore this year
A total of 818 rooms were completed in Q1 alone.
Singapore's investment landscape may stay subdued for the rest of the year
Knight Frank advised that freehold properties are a popular investment.
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