Singapore

High rents drive tenants away from condo market: analysts

Condo rental volumes declined by 18.6%MoM in February. 

Singapore CBD Grade A office rents up 1% in Q1

This is the first time in five quarters that rental growth slowed down.

Singapore property auction success rate hits record highs since 2011

The success rate was at 9.5%, equivalent to a total gross sales value of S$90.3m in 2022. 

Singapore mortgagee sale listings plummet 61.5% to 10 in Q4

Residential properties accounted for over half of the listings in 2022.

Singapore industrial rental index rose by 6.9% in 2022

Meanwhile, the price index grew 7.5% during the year.

What homebuyers want: Three key trends reshaping the property market

GuocoLand capitalised on these trends, resulting in 84% of Lentor Modern units sold in two days.

Condo prices post first monthly decline in over 2 years: analysts

Weaker sales during the Lunar New Year and fewer sellers caused the decline.

Singapore industrial rent and price growth to ease to around 5% this year

Net absorption for multiple-factory space is also at an all-time high. 

Singapore housing supply to remain tight in the next few years

But home prices are not expected to increase significantly.

These were the top 5 shophouse deals in Singapore in H2 2022

The total shophouse transaction value declined 35.6% to S$625.2m in the same period.

Singapore home price growth at its slowest pace in over two years

Private home prices inched up by just 0.4% in Q4 2022.

Singapore’s office sector still a landlord’s market

The office rental index surged by 11.7% in 2022.

Singapore’s 2022 prime retail rents still 9.2% below pre-pandemic levels

Islandwide rents grew 1.6% to $25.15psf per month in 2022.

Singapore office investment volume hits 6-year high in 2022

Investments surged 54% to $7.3b for the whole year.