Perspective

Singapore (Edgeprop) - An annual survey by CBRE has found that Singapore is the third preferred destination for cross-border real estate investment in 2022, after Tokyo and Shanghai. The survey, which covers all property types, polled more than 530 Asia Pacific-based investors. This is the third consecutive year Tokyo has topped the list. Greg Hyland, CBRE’s head of capital markets, Asia Pacific,...

Singapore (Edgeprop) - Developers sold 650 new residential units (excluding executive condos or ECs) in December 2021 - a decline of 58% from the 1,547 units sold in November.Including ECs, new home sales fell by 55.4% m-o-m, from 1,611 units sold in November, to 719 units in December.Compared to 2020, new sales excluding ECs declined by 46.6% y-o-y from 1,217 units.Consultants say the lower sales volume...

SINGAPORE (EDGEPROP) - According to the latest quarterly investment report by Knight Frank Singapore, the last quarter of 2021 raked in $7.3 billion worth of real estate investment volume. This brought the total investment volume for the entire year to $25.8 billion and is a 5.3% y-o-y increase from the $24.5 billion that was recorded in 2020.The bulk of investment transactions in 4Q2021 came from the...

SINGAPORE (EDGEPROP) – The private residential market saw a surge in home prices last quarter, jumping 5% q-o-q according to the latest flash estimate of the price index by the Urban Redevelopment Authority.The latest quarterly report is a sharp increase compared to the 1.1% q-o-q increase that was registered by the private residential market in 3Q2021.For the whole of 2021, the price index for the...

Singapore (Edgeprop) - For the whole of 2021, HDB resale prices spiked 12.5% y-o-y, clocking double-digit growth since 2011 when prices increased by 10.7% y-o-y. HDB resale prices increased by 3.2% q-o-q in 4Q2021, compared to the 2.9% q-o-q growth recorded in the preceding quarter. This is also the seventh consecutive quarterly increase recorded by the market.In general, the performance of the HDB...

Singapore (Edgeprop) – Private residential sales figures for January 2021 show that developers sold 1,609 homes excluding Executive Condominiums (ECs). This is a 32.2% m-o-m increase from the 1,217 units sold in December 2020, and a 159.5% increase from the 620 units shifted in January 2020.According to Tricia Song, head of research for Singapore at Colliers International, the latest surge in developer...

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SINGAPORE (EDGEPROP) - Prices of HDB resale flats rose for its third consecutive quarter in 4Q2020, increasing by 3.1% q-o-q, according to HDB public housing data. In 4Q2020, a total of 7,642 HDB resale units changed hands, which was 1.9% lower than the 7,787 units transacted in 3Q2020. However, the transaction volume in 4Q2020 was 20.6% higher y-o-y, based on HDB data. “Against a backdrop of the worst...

 SINGAPORE (EDGEPROP) - Prices of private residential properties increased by 2.1% in 4Q2020, compared with the 0.8% increase in the previous quarter, according to URA data.For the full-year 2020, prices of private residential properties increased by 2.2%, compared with a 2.7% increase in 2019. The price increase in residential properties was mainly driven by non-landed properties in the Rest of Central...