Singapore

Find out some key deals in the public and private sectors.

There were over 8,500 units completed in Q3, bringing the total stock to 406,000.

The steepest decline was recorded in the Core Central Region.

It’s expected to be the strongest month of sales in Q4.

The rental index grew by 2.0%, whilst the price index rose by 1.4% in Q3.

This marks the lowest monthly tally this year.

It’s relatively slower compared to the 8.7% growth recorded in 2022. 

Owner listings grew 22.8% to 70 in Q3 2023.

The median price per square foot narrowed to 17.5% in Q3.

Out of 29 mortgagee listings in Q3, 22 were residential properties.

Almost half of the listings were from the residential sector.

Resale transactions in the OCR were least affected.

Current occupiers are more likely to renew their lease contracts than to relocate.

Rents dipped by 0.1% in Q3, the first decline since Q1 2021.

This comes from 381 transactions closed during the quarter.

Marina Centre, City Hall, and Bugis registered the highest annual growth of 5.3%.