Singapore among top three Asia Pacific destinations targeted by real estate investors in 2022
Singapore (Edgeprop) An annual survey by CBRE has found that Singapore is the third preferred destination for cross-border real estate investment in 2022, after Tokyo and Shanghai. The survey, which covers all property types, polled more than 530 Asia Pacific-based investors. This is the third consecutive year Tokyo has topped the list. Greg Hyland, CBRE’s [...]
Private residential sales fall 58% in December; 650 new units sold
Singapore (Edgeprop) Developers sold 650 new residential units (excluding executive condos or ECs) in December 2021 - a decline of 58% from the 1,547 units sold in November. Including ECs, new home sales fell by 55.4% m-o-m, from 1,611 units sold in November, to 719 units in December. Compared to 2020, new sales excluding ECs [...]
Singapore real estate investment in 2021 totals $25.8 billion, up 5.3% y-o-y
Singapore (Edgeprop) SINGAPORE (EDGEPROP) - According to the latest quarterly investment report by Knight Frank Singapore, the last quarter of 2021 raked in $7.3 billion worth of real estate investment volume. This brought the total investment volume for the entire year to $25.8 billion and is a 5.3% y-o-y increase from the $24.5 billion that [...]
Private home prices spike 10.6% y-o-y in FY2021, highest yearly increase in 10 years
Singapore (Edgeprop) The private residential market saw a surge in home prices last quarter, jumping 5% q-o-q according to the latest flash estimate of the price index by the Urban Redevelopment Authority. The latest quarterly report is a sharp increase compared to the 1.1% q-o-q increase that was registered by the private residential market in [...]