Singapore
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.
Only 4 out of 82 auction listings in Singapore were sold in Q2
The success rate was at 4.9%.
Demand for resale condos in Singapore remains healthy despite higher prices
Sales only dipped 1.5% to 2,376 units in Q2.
What’s the most expensive HDB flat ever sold in Singapore?
It was a 4-room jumbo flat sold in June.
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Empire East Land Holdings lands two wins at Real Estate Asia Awards 2024
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Co-Written / Partner
The company believes innovation and data-driven strategies are paramount to a sustainable future.
The company believes innovation and data-driven strategies are paramount to a sustainable future.
