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!
Private new home sales declined in August following a strong rebound in the previous month. Developers sold 208 new units (ex. executive condos) in August, representing a 64% month-on-month fall from 571 units shifted in July. There were no fresh projects launched in August, which coincided with the lunar Ghost Month, a period that is typically sees a lower property sales volume, as people refrain from transacting and as developers hold back on putting new projects on the market. Read the latest report to see how the new homes sales market performed in August 2024!
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 Q3 2024, private home prices moderated for the first time in five quarters, since Q2 2023. The softer prices came amid tepid home sales due to limited number of launches, the market lull during the lunar seventh month period, and tentative buyer sentiment.
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
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 (Aug 2024)
Monthly Report (Jul 2024)
Monthly Report (Jun 2024)
