Key projects drove sales volume and prices Following a subdued first quarter with only 613 new homes launched, developers launched 1,956 new homes for sale in the second quarter. Market sentiments improved…
Category: Market Watch
LUXURY HOME PRICES UP DESPITE LOWER SALES
Singapore Luxury Homes 2022H1 SLOWDOWN IN LUXURY HOME SALES A lower number of luxury homes were sold in 2022H1 compared to 2021H2 as sticky inflation, interest rates hikes, recession risks and uncertainties…
Residential Market Watch Q1 2022 : PRICES STAYED FIRM ON LOW SUPPLY
Home prices resilient despite lower sales The residential market had a slow start in 2022Q1 with minimum new project launches, the lowest new sales volume and the smallest rise in prices since…
Sotheby’s International Realty’s Luxury Outlook Report 2022: Where Are Luxury Buyers Relocating In 2022?
Global trends are prompting wealthy buyers across the world to make moves abroad. According to Henley & Partners, a global citizenship and residence advisory firm, when it comes to relocation trends, “all…
Sotheby’s International Realty’s Luxury Outlook Report 2022: Luxury Buyers Keep Cities Thriving Despite Pandemic
For hundreds—or sometimes thousands—of years, cities around the globe have defied predictions of their death, including alarms set off during the start of the Covid-19 pandemic. In fact, many global cities began…
Commercial Market Watch H2 2021: Brighter Outlook Ahead For Office Market
OFFICE MARKET MOVING OUT OF THE SHADOWS Singapore’s economic expansion in 2021 beats forecast The Singapore economy grew by 7.6% year-on-year (y-o-y) in 2021, higher than earlier estimates of 7.2%. According to…
Alert on Soaring Home Prices
Residential Market Watch Q4 2021 Residential market kept up buoyant pace The rise of home prices picked up speed in Q4 2021 to register 5% q-o-q after a 1.1% gain in Q3…
SINGAPORE LUXURY HOMES ACED THE PANDEMIC TEST
SINGAPORE LUXURY HOMES – H2 2021 SURGE IN LUXURY SALES VOLUME AND PRICES In 2021, at least 665 luxury residential properties were sold, according to caveat data compiled by URA. This is…
The Biggest Deals In 2021
2021 has been a year of uncertainty. From bleak economic outlooks to new variants of Covid-19 emerging throughout the world, it has changed the market outlook significantly. Despite this, the private property…
Blue Skies for Residential Market
Residential Market Watch Q3 2021 Sales volume and prices continued to riseThe pace of private residential sales continued unabated despite the spike in Covid-19 infections from August onwards. Singapore is trying to…