Presenting our array of insightful real estate reports by our PropNex Research team, comprising detailed analysis of various market segments. Be empowered with the latest property trends to make well informed investment decisions!
Developers’ sales rebounded in July, supported by fresh project launches in the mass market segment. There were 571 units of new private homes sold (ex. executive condos) in July – more than doubling the 228 units shifted in the previous month. Of note, July’s sales figure is also the highest monthly tally in four months, and the second highest monthly sales this year (only surpassed by the 718 units sold in March). Read more about which projects performed best during the month in this latest report!
In June 2024, housing developers sold 228 new private homes (ex. ECs) in June – up slightly by 2.2% month-on-month from the 223 units shifted in the previous month. On a year-on-year basis, developers’ sales were down by 18% from 278 new homes sold in June 2023. Factoring June’s sales, there were 752 new units (ex. EC) transacted in Q2 2024. Read more about which projects performed best during the month in this latest report!
In May 2024, housing developers sold just 221 new private homes (ex. ECs), falling for the second straight month as a dearth of new project launches weighed on market activity. This marks a 26.6% decline from the 301 units shifted in April. This follows the 58.1% MOM decrease in developers’ sales from March to April. It is also the lowest sales tally for the month of May recorded since 2008. Read more about which projects shined during the month in this latest report!
The commercial property market gained momentum in the second quarter of 2024. The office and industrial sectors saw more deals recorded during the quarter amidst the gradual economic recovery and business sentiment. Leasing demand also remained resilient, resulting in improved rentals and occupancies. Read this report for insights on how the office and industrial property sectors performed in Q2 2024!
Shophouse sales momentum remained tepid during the second quarter of 2024, amid the cautious market sentiment and tighter due diligence checks. Amidst the slower investment sales, shophouse rental activity remained buoyant with rentals reaching new record highs during the quarter. Read this report for more insights on the shophouse segment today
Residential property prices continued to rise at a slower pace in Q2 2024 driven by resilient resale market activity. Price growth momentum in the public housing resale market picked up during the quarter, while setting a new record high number of million-dollar HDB flat transactions achieved during a quarter. Read this report for insights of how the private residential and HDB resale market performed in the second quarter of the year!
The commercial property market gained momentum in 1H 2024 2024. The office and industrial sectors saw more deals recorded during the quarter amidst the gradual economic recovery and business sentiment. Leasing demand also remained resilient, resulting in improved rentals and occupancies. Read this report for insights on how the office and industrial property sectors performed in 1H 2024!
A survey involving nearly 1,250 HDB flat owners was conducted by PropNex in March-April 2024. The study was done to get ground sentiment of HDB flat owners and their thoughts around Executive Condominiums (EC), their relevance and affordability. Read the latest report for detailed findings from the survey done by PropNex.
A survey involving nearly 1,250 HDB flat owners was conducted by PropNex in March-April 2024. The study was done to better understand the housing needs of HDB flat owners, their attitudes towards upgrading from public housing, sentiments on home prices, and the timeframe which respondents perceive they can upgrade to a private home. Read the latest report for detailed findings from the survey done by PropNex.
Monthly Report (Jul 2024)
Monthly Report (Jun 2024)
Monthly Report (May 2024)
