Published quarterly, this bulletin reports on real estate investment in Singapore with insights into the latest transaction trends.
Key Highlights:
- Year 2023 was a tepid one for real estate investments in Singapore due to inflation, elevated interest rates, and Additional Buyer’s Stamp Duty (ABSD) rate increases. Despite this, the sales transaction value totaled S$21.1 billion.
- In 2024, more old developments might undergo value-adding works and more core properties may be acquired, with the potential cut in interest rates. With a more positive outlook, total investment sales is projected at S$23 billion to S$25 billion.
Discover more by delving into our latest Singapore Investment Research Report below.
