Economic Overview Based on advance estimates, the Ministry of Trade and Industry (MTI) announced that the Singapore economy grew by 4.1% year-on-year (y-o-y) in 3Q 2024. The growth is led …
Research
October 2024 Developer Sales Report: Recovery of New Sale Market Led by More Launches
In total, October saw 738 new private homes sold, representing a 84.0% month-on-month (m-o-m) uptick over September’s performance (401 units sold). Year-on-year (y-o-y), new private home sales were also up …
3Q 2024 Rental Report: Private Property Rents Recover, But Future Growth Uncertain as Completions Rise and Tenants Turn Cautious
Overview Following three consecutive quarters of decline, private home rents in Singapore reported a marginal recovery in 3Q 2024. This surprising reversal comes on the tail of a seasonal quarterly …
September 2024 Developer Sales Report: First Fed Rate Cut in Four Years Boosts Buyer Sentiment and Private Home Sales
In total, September saw 401 new private homes sold, representing a 92.8% month-on-month (m-o-m) uptick over August’s performance (208 units sold). Year-on-year (y-o-y), new private home sales were also up …
3Q 2024 HDB Quarterly Report: Resale Prices Trend Upward Supported by Robust Demand
Figures are based off the official flash estimates for HDB/URA quarterly statistics, released on 1 Oct 2024. HDB resale prices continue to trend upward supported by robust demand Continuing the …
3Q 2024 URA Private Residential Quarterly Report: Prices Inch Downwards As Buyers Stay Cautious
Figures are based off the official flash estimates for URA quarterly statistics, released on 1 Oct 2024. Weaker buyer sentiment has led to lower transaction volumes, contributing to a decline …
LTV Cooling Measure for HDB Flats in 2024, Plus More Grant Support for Low-to-Middle Income First-Time Buyers
The Ministry of Development (MND) and Housing Development Board (HDB) have jointly announced a set of cooling measures for the HDB resale market and additional grants to provide further support …