
Singapore Property Sector – New dwelling gross sales stay agency
Main gross sales momentum agency in 1Q25
Main gross sales demonstrated robust momentum in 1Q25, with 3,375 models bought, supported by six profitable new launches that noticed strong demand.
In the meantime, secondary gross sales recorded 3,886 models, as consumers more and more gravitated in direction of new initiatives.
Supply: URA Total, personal residential transaction volumes totalled 7,261 models in 1Q25, sustaining stable exercise ranges regardless of a 2.3% dip from the distinctive peak in 4Q24, the best since 4Q21. Supply: URA Trying forward, CBRE initiatives new dwelling gross sales to achieve 7,000 to eight,000 models in 2025, up from 6,469 models in 2024, pushed by declining rates of interest and a powerful pipeline of upcoming launches.
Supply: URA
Non-public residential costs rose 0.8% in 1Q25
The personal residential worth index elevated by 0.8% Quarter-On-Quarter (QoQ) in 1Q25, moderating from a 2.3% QoQ rise in 4Q24. Supply: URA This was in step with flash estimates launched…