News

Vacancy rates have remained stable amidst a muted sales environment.

A new trend could have emerged in relation to the sizes of new sales units.

Demand remains steady despite negative absorption in Q3.

Thanks to a project under construction at 15 Sydney Avenue.

This new hotel added 989 rooms to the market.

Completions have underperformed for six consecutive quarters.

Thanks to six new hotels currently under construction.

Gurgaon accounted for over 80% of the sales in the quarter.

Prices contracted by 0.7% in Q3 2024.

The city will see around 13,000sqm of new stock by next year.

Vacancy rates in Outer West Sydney, West Melbourne, and South Brisbane are rising.

Four new hotels added over 1,000 rooms.

But sales are still 40% lower YoY.In line with the surge in the number of launched units, providing a wider variety of options to homebuyers, Singapore’s new sales expanded 60.0% QoQ to 1,160 units in Q3/2024, according to data from Savills. However, on a YoY basis, it was still 40.4% lower.

Thanks to new Grade A developments.

Analysts expect a holiday surge in the city’s retail sector.

Residential launches more than doubled QoQ to 1,284 units during the quarter.