Singapore
Singapore non-landed private home sales likely to hit record lows since 2008
Singapore non-landed private home sales likely to hit record lows since 2008
New sales are expected to reach around 4,000 units in 2024.
Here’s a rundown of Singapore’s Q3 non-landed home transactions by region
New sales in the Core Central Region declined for the sixth straight quarter.
Singapore non-landed private home prices dip by 0.3% in Q3
Prices grew by 1.3% in the first nine months of the year.
Outbound property investment from Singapore drops 39.1% to S$3.2b in Q3
More activity is expected by the end of the year.
Singapore HDB resale volume declines for second straight month in September
Sales declined by 14.9% to 2,217 units during the month.
Singapore real estate investments increase by 24.8% to S$8.3b in Q3
Private sales accounted for a bigger proportion of the total investment.
Singapore records strongest quarter of HDB resale volume in three years
A total of 8,035 flats were resold in Q3 2024.
Million-dollar flat sales in Singapore hit record highs in Q3
A total of 331 units were sold during the quarter.
Singapore office vacancy rate reaches 10-quarter high of 8.3% in Q3
Meanwhile, office rental growth plateaued during the quarter.
Singapore CBD Grade A office rents inch up 0.3% in Q3
And vacancy rates increased to 5.5% during the same period.
Singapore private residential prices dip 1.1% in Q3
The decline was attributed to the lack of new launches.
What were the key drivers of Singapore office demand in Q3?
There was more activity from smaller space occupiers.
Singapore office rents to grow by 3% for full-year 2024
Learn more about the economic dynamics affecting this forecast.
Singapore prime office rents inch up 0.6% in Q3
Rents increased by 2% in the first nine months of 2024.
Ascott announces 28 new signings in SEA
The lyf brand has also added two new properties in Singapore.
Singapore private new home sales drop 47% to 208 units in August
The Outside Central Region led the sales.
Singapore condo resale volume grows by 21.7% to 1,075 units in July
The increase in sales could be partly seasonal.