Singapore's rental market has been on a roller coaster ride in recent years, with rents soaring to unprecedented heights. But now, the ride seems to be slowing down. signaling a shift in the market dynamics. This cooling trend is raising concerns for landlords who have become accustomed to a steady stream of eager tenants and skyrocketing rental prices. The days of multiple offers above asking price...
As we reflect on the year 2023, it is evident that Singapore's property market has experienced significant events and trends that have shaped the landscape especially for those foreigners seeking investment opportunities. Singapore continues to be an attractive destination for foreigners due to its political stability, which provides a safe and secure environment for investments, robust legal system...
The Singapore real estate market is dynamic, often influenced by various factors, including economic conditions, location desirability, and changing buyer preferences. In September 2023, it was revealed that 119 new units, including Executive Condominiums (EC), were launched, while an impressive 335 units, including EC, were successfully sold. Notably, despite a decrease in the number of units launched,...
In a surprising turn of events, Singapore new home market witnessed a staggering 87% drop in sales in September 2023 compared to the same period last year. With only 217 units finding buyers, this significant decline comes in stark contrast to the robust figures of September 2022, when 913 units were sold. The primary culprit behind this downturn lies in the muted launch of new projects, with a mere 119...