Luxury Properties SG

Luxury Properties SG We are a team of Certified Real Estate Consultants, with more than decades of expertise in real estat

Singapore’s housing landscape is changing. More people are choosing to live in private condominiums than ever before. Si...
07/07/2025

Singapore’s housing landscape is changing. More people are choosing to live in private condominiums than ever before. Singapore Department of Statistics (SingStat) data reveals that over 700,000 residents, including both Singapore Citizens (SCs) and Permanent Residents (PRs), live in private condos by 2024.

This figure almost doubled the stat from 15 years ago – a huge shift driven by changing housing preferences, higher incomes, and a strong desire to upgrade from public housing.

Nearly 17% of Singapore’s residents now live in private condominiums, a significant increase from just 10% in 2009. Read more.

Among the 40 condos launched in 2014, only 13 reported a price growth of at least 20% from the time they were launched u...
07/07/2025

Among the 40 condos launched in 2014, only 13 reported a price growth of at least 20% from the time they were launched until last year (see Table 1). Coco Palms topped the list with a price increase of 59.6%, followed by The Panorama at 53.1%. These two condos are also the only ones with a price growth exceeding 50%.

Notably, The Hillford is among the 13 condolaus, despite having a shorter-than-usual tenure of 60 years. Another key observation is that all 13 condos are located outside the Central Region, with The Hillford, Commonwealth Towers and Highline Residences being the only exceptions.

Only 13 condos achieved price growths of at least 20%.

The rental market in December 2024 showed a significant uptick in activity, breaking previous downward trends. Heightene...
07/07/2025

The rental market in December 2024 showed a significant uptick in activity, breaking previous downward trends. Heightened rental transactions in both condominiums and HDB flats can be attributed to seasonal factors, as expatriates and other tenants typically secure leases before the new year.

This increase also signals a potential pivot from a tenants’ market to a landlords’ market, supported by stabilising rental rates and a tightening inventory.

The heightened Condo and HDB rental transactions in December 2024 can be attributed to seasonal factors. Read more.

2024 is set to be a pivotal year for new property launches. Thirty-one developments are poised to enter the market, offe...
06/02/2025

2024 is set to be a pivotal year for new property launches. Thirty-one developments are poised to enter the market, offering over 12,000 new private homes. The projected launch of 23 projects will introduce approximately 8,800 units, marking a significant uptick from 2023. Large projects, ranging between six to nine, are expected to dominate these launches, potentially driving sales higher.

Explore Singapore's 2024 private housing market trends, including sales, rentals, and luxury developments, with insightful forecasts.

SINGAPORE (EDGEPROP) - Private home prices increased by 0.5% q-o-q in 3Q2023, according to flash estimates released by U...
06/02/2025

SINGAPORE (EDGEPROP) - Private home prices increased by 0.5% q-o-q in 3Q2023, according to flash estimates released by URA on Oct 2. The growth reflects a slight rebound from the 0.2% decline recorded in 2Q2023. The decline, which came off the back of cooling measures announced in April, had marked the first drop in private residential property prices after 12 consecutive quarters of growth.

The growth reflects a reversal from the 0.2% decline recorded in 2Q2023.

SINGAPORE (EDGEPROP) - The global economic slowdown and geopolitical tensions are having a knock-on effect on the privat...
06/02/2025

SINGAPORE (EDGEPROP) - The global economic slowdown and geopolitical tensions are having a knock-on effect on the private housing rental market in 2H2023, says Lee Sze Teck, senior director of Huttons Data Analytics, in a report on Dec 8.

The rental market is expected to find its footing in 2H2024.

SINGAPORE – Condominium resale prices rose by 1.5 per cent in April after trending sideways for the past six months. Thi...
30/01/2025

SINGAPORE – Condominium resale prices rose by 1.5 per cent in April after trending sideways for the past six months. This came as volumes reached a 13-month high.

Flash data from real estate portals SRX and 99.co released on May 27 showed that 1,122 condo units changed hands for the month, up from the 911 units resold in March.

The best way to find houses, condos, executive condos, rooms & HDBs for sale & rent in Singapore. Unique, authentic real estate and property listings with real photos.

Even in the face of recent headwinds, including higher interest rates, moderating economic activity, and the implementat...
30/01/2025

Even in the face of recent headwinds, including higher interest rates, moderating economic activity, and the implementation of market cooling measures in April 2023, demand for new private homes among Singaporeans has stayed steadfastly strong.

The median age of Singaporean new private home buyers has been on a downward trend, indicating that younger generations of locals will play a more significant role in the new private residential market

SINGAPORE: Prices of Housing Board (HDB) resale flats rose by 1.7 per cent in the first quarter of 2024, higher than the...
30/01/2025

SINGAPORE: Prices of Housing Board (HDB) resale flats rose by 1.7 per cent in the first quarter of 2024, higher than the 1.1 per cent growth in the previous quarter.

Flash estimates released by HDB on Monday (Apr 1) also showed Q1 resale volume, up to Mar 27, had risen 5.5 per cent to 6,928 cases from 6,567 cases in the same period last year.

Property analysts expect the HDB resale market to "remain stable" this year, while private property prices are expected to increase at a steady rate.

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