Residential Property

Private homes prices to grow up to 7% in 2025

Developers may sell 7,000–8,000 units in 2025, with resale sales at 10,000–12,000 units.

Non-landed home rentals rise 3.4% YoY in 2024

There were 80,000 non-landed residential units rented out in 2024.

Tender opens for Media Circle and Bayshore Road sites

The sites can yield 326,015 residential units.

GuocoLand wins Faber Walk bid at $349.9m

The area can yield about 400 residential units and has a tenure of 99 years.

Bayshore Road and Media Circle GLS sites likely to attract 3-5 bids: experts

Top bids could hit $570m for Bayshore and $494m for Media Circle sites.

HDB rental demand recovers in H2 2024, to weaken in 2025: report

In 2025, supply is expected to decrease, and rental growth is projected to slow.

US Fed rate cuts boosts consumer confidence in resale condos

The holiday season however will cool down resale volume.

UOL-CapitaLand consortium acquires Thomson View Condominium for $810m

The consortium made the sole bid for the property’s third tender.

CDL posts mixed Q3 results with strong residential and office gains

Its total residential sales in Q3 soared 88% to $611.1m.

Condo resale prices dip 0.5% in October

However, resale volume increased by 8.1%.

Singapore real estate investment sales up 25.4% YoY in Q3

The growth was driven by the $1.85b ION Orchard sale and $1.6b industrial acquisition.

What will drive private home demand and prices in 2025?

For new homes, prices are expected to increase by 2% to 4%.

Private home prices see largest quarterly drop since 2020

Meanwhile, condo purchases rose for the third consecutive quarter.

Moderate HDB rental growth seen in 2024 as leasing activity improves

OrangTee forecasts 2%-3% growth; whilst Huttons 3%-4%.