Singapore HDB Insights 2021

12/04/2021

Singapore’s economy is expected to recover to pre-COVID-19 levels by Q4 2021 and will be one of the key markets in growth in the Asia Pacific region.

Singapore's economy is expected to recover to pre-COVID-19 levels by Q4 2021 and will be one of the key markets in growth in the Asia Pacific region.

05/04/2021

Singapore has emerged as the most desirable locations to buy investment homes for wealthy Asians within Asia and the fourth most desirable among Asian homebuyers globally.

29/03/2021

Guoco Midtown Gardens will consist of 30 thematic gardens and landscaped spaces spanning 3.8 hectare. Ten of the gardens will be made publicly accessible.

22/03/2021

On an annual basis, new home sales, excluding executive condominiums (ECs), soared 159.6% from the 620 units shifted over the same period last year, making it the highest January sales since 2013.

Normanton Park emerged as the best-selling project in January, shifting 625 units. It was followed by Parc Central Residences EC and The Reef at King’s Dock, which moved 417 and 221 units, respectively.

15/03/2021

Analysts expects demand from upgraders to continue this year as HDB resale prices rose 5% last year, or its steepest growth since 2012 when values increased 6.5%.

08/03/2021

The survey showed that while the number of household has increased, the total number of Singaporeans and permanent residents living in HDB flats declined to 3.04 million in 2018 from 3.06 million in 2013, as more people moved to private homes.

The average household size decreased to 3.1 persons in 2018 from 3.4 in 2008.

08/03/2021

The figures rebounded to 69 units in June 2020 as Singapore emerged from the circuit breaker, before peaking at 81 units in August.

08/03/2021

Residential, office and industrial sectors are expected to see the biggest economic rebound by end 2021.