What were the top 5 projects with the highest leasing volume in Singapore in Q2?

Clinching the top spot was a project in the OCR with 179 transactions.

According to Savills, the top five non-landed residential projects in Singapore with the highest leasing volume in Q2/2024 were, Treasure At Tampines in the OCR, Normanton Park in the RCR and in the CCR, Leedon Green, The Sail @ Marina Bay and Marina One Residences. It was noted that the median rents in the three CCR projects have shown a substantial decrease compared to the previous quarter. 

“If we expand the study to include the top 20 projects, we find that the number of projects in the CCR that dropped into the top 20 list has been increasing over the last few quarters. There were nine in Q2/2024, up from five each for Q4/2023 and Q1/2024. This suggests that leasing demand for the high-end market segment has slowly returned due to softening rents,” Savills added.