Residential
Jakarta serviced apartment rents to increase by 1-2% by year-end
Jakarta serviced apartment rents to increase by 1-2% by year-end
This is due to an influx of new supply in the second half of the year.
Singapore private home prices to increase by 3-4% this year
Prices rose by 2.3% in the first half of 2024.
Is Singapore’s residential leasing market finally stabilising?
Private home rents fell for the third straight quarter in Q2.
Singapore new private home launches plunge to a half-year low of 1,938 units in H1 2024
Launches slumped 73.3% to 634 units in Q2 alone.
Singapore unsold private residential inventory remains below 5-year pre-covid quarterly average
The unsold stock grew by 15.8% YoY to 20,758 units in Q2.
Asian expats dominate Jakarta’s housing market
Majority of them prefer to stay in apartments instead of landed houses.
Singapore private home price growth slows for second consecutive quarter in Q2
Private residential price index rose by 0.9% QoQ.
Jakarta serviced apartment supply to reach 7,793 units by end-2025
These will be from four upcoming projects.
Jakarta to see 19 new residential projects in 2026
These projects will yield over 8,500 units.
Singapore private home sales to hit 14,000 to 16,000 units this year
It’s down from the initial forecast of up to 18,000.
Hong Kong residential transactions to increase by 5-10% in FY2024
CBRE expects up to 48,000 transactions to complete this year.
Existing projects dominate Jakarta’s Q2 residential sales
Nearly 69% of the sales were from existing projects, thanks to buyer preference for established developments.
Hong Kong residential prices to drop by 5-10% this year
Prices already declined by 1.7% in the first five months of the year.
Singapore non-landed residential sales drop 6.3% to 3,694 units in Q2
This marks the fourth straight quarter of decline.
Singapore new home sales hit lowest half-year mark in 24 years
Sales dropped by 43.4% YoY to 1,916 units in H1 2024.
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