The commercial property market simmered in the first quarter of 2024. The office and industrial sectors saw fewer deals recorded during the quarter. Meanwhile leasing demand in both sectors have moderated amidst the cautious business environment, resulting in easing rentals and occupancies. Read this report for insights on how the office and industrial property sectors performed in Q1 2024!
Shophouse transaction activity was relatively muted during the first quarter of 2024, amid the cautious market sentiment, mismatch in pricing expectation, and tighter due diligence checks likely dragging out sales process. Despite the cautious sentiment, shophouse prices, especially in the central region, remained resilient and continued showing signs of growth. Read this report for more insights today!
Residential property prices continued to rise in Q1 2024, with private home prices rising at a faster pace quarter-on-quarter – propped up by transactions at new launches. Price growth momentum in the public housing resale market also picked up during the quarter, amidst a record number of million-dollar HDB flat transactions achieved in a quarter. Read this report for insights of how the private residential and HDB resale market performed in the first quarter of the year!
In the first half of 2024, the landed residential property market remained resilient, with more buyers coming in to snap up value deals in the landed market, taking advantage of the softer asking prices and market uncertainty. Momentum in the GCB market in 2024 was relatively tepid, achieving about 9 deals worth nearly $220 million in the year-to-date, compared to 1H 2023, where 9 deals amounting $231 million were achieved - though there were more big-ticket GCB transactions recorded during the first half of the year. Read this report for insights of how the GCB and Prestige landed market performed in the first half of the year as well as PropNex’s forecast for the rest of 2024!
新私宅销售月报（2024 年 5 月）
新私宅销售月报（2024 年 4 月）
新私宅销售月报（2024 年 3 月）
