Singapore
A crucial factor that is always overlooked in Singapore’s residential market
Rents may have reached a plateau, but this one factor also needs to be discussed.
A crucial factor that is always overlooked in Singapore’s residential market
Rents may have reached a plateau, but this one factor also needs to be discussed.
These were the major residential projects recently completed in Singapore
One project adds nearly 1,500 units to the market.
Singapore residential leasing transactions down 1.9% in Q2
Less than 20,000 leases were closed during the second quarter.
Singapore single-user factory rents up 1.2% in Q2
Meanwhile, multiple-user factory rents grew 3.0%.
Singapore industrial rental index up 2.1% in Q2
The price index also grew by 1.5%.
Singapore residential rental growth slowed to 1-3% in Q2
But ultra luxury rents declined by 4%.
Singapore industrial transactions up 8.4% to 424 units in Q2
Resales also grew by nearly 30% for warehouses.
This was the most expensive apartment sold in Singapore in July
It was a 2,788 sq ft unit worth S$8.6 million.
Singapore monthly home sales hit a record 1,412 units in July
It’s the highest sales since November 2021.
SC Global Developments brings artsy residential living to Singapore
Cuscaden Reserve’s prices of units start from $2.35m.
Singapore’s 2023 property investment volumes to fall short of last year’s totals
Investments totalled $32.1b in 2022.
Singapore real estate investment volumes decline 11% to $3.2b in Q2
The residential sector accounted for 40% of the transactions.
Tech firms still the second largest driver of office demand in Singapore
This sector accounted for a fifth of new leases in H1.
Why auctions are gaining popularity amongst Singapore homeowners
There were 57 owner listings and only 22 mortgagee listings in Q2.
Singapore prime logistics rents up 2.2% in Q2
Business park rents dipped 0.5% during the quarter.
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.
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Henderson Land hailed as Developer of the Year at Real Estate Asia Awards 2023
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The company’s G.I.V.E. Sustainability Strategy is paving the way for a greener, more inclusive real estate sector, setting new benchmarks for sustainable development in Hong Kong and beyond.
