Residential Market Watch 2023Q3 Sales momentum slows with more choices Developers launched nine new projects for sale in 2023Q3, compared to five in the previous quarter. Yet, the sales volume of new…
Category: Research
Behind the rise of landed property values
Take a walk in any landed estate at Holland Road, Dunearn Road, Serangoon Gardens or Mountbatten Road, and you will see at least one or two newer houses that stick out, looming one…
Strong Buying By Locals
Residential Market Watch 2023Q2 Hikes in ABSD caught market unaware The second quarter can be deemed as a period of transition for the residential property market due to the hike in additional…
Luxury Homes Market Up Against Headwinds
Singapore Luxury Homes 2023H1 Government stepped in to manage investment demand Caveat data showed only eight bungalow deals in the Good Class Bungalow (GCB) Areas in the first half of 2023. This…
Recovery Of Investment Sales
Residential Market Watch 2023Q1 New launches spurred sales volume and prices Advanced estimates released by the government showed that the economy grew by a mere 0.1% in 2023Q1 as the global environment…
Prices of shophouses continue to rise even as sales slow
Slower sales as mood of market changed Market sentiments have turned cautious due to higher interest rates and borrowing costs as well as the latest upward revision in buyer’s stamp duty. Transaction…
Office market responds to the change of tides
COMMERCIAL MARKET WATCH 2022 •Economy The Ministry of Trade and Industry (MTI) said Singapore’s economy grew by 3.6% in 2022, moderating from the 8.9% growth in 2021. The growth was mainly driven…
Market for Good Class Bungalows tenacious despite economic headwinds
Demand in the last few years can be attributed to a rise in newly naturalised citizens. In 2022, 44 bungalow deals in the Good Class Bungalow (GCB) Areas were sealed, going by…
MUTED PERFORMANCE IN 2022Q4
Price increase slowed as sales plunged Against the headwinds of weakening global economy, rising interest rates, persistent inflation, fresh round of cooling measures and a dearth of new launches, 2022Q4 turned in…