Quarterly Report
In 1Q 2024, an estimated 21 shophouses were sold, which is 31.3% higher than 4Q 2023 though 34.4% lower than a year ago. The total value of transactions in 1Q 2024 was $180.3 million, 62.3% higher than the previous quarter but 39.2% lower than 1Q 2023 and the average price paid for a shophouse in…
In 1Q 2024, the transaction volume of HDB resale flats was 7,068, 8.0% higher quarter-on-quarter (QoQ) and 1.3% higher year-on-year (YoY). This is the highest 1Q volume since 2021. On the demand side, the first wave of ex-private property owners (PPO) who were waiting out the 15 months’ period to buy a 5-room or larger…
In 1Q 2024, the landed homes segment remained well-supported by aspirations and the limited new supply. Based on caveats, an estimated 295 landed homes were sold in 1Q 2024, 20.9% higher quarter-on-quarter (QoQ) and 1.0% higher year-on-year (YoY). The total value of landed homes that changed hands in 1Q 2024 was $1.6 billion, 23.0% higher…