Singapore's Real Estate Market: A Temperature Check

Alan Cheong, Executive Director, Savills Singapore

26-Aug-24 07:30

Singapore's Real Estate Market: A Temperature Check

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Singapore's residential market appears to have cooled this year, registering a price increase of 2.3% versus a cumulative 8% in 2023. Likewise, the rental index of private residential properties fell for a third consecutive quarter. Alan Cheong, Executive Director at Savills Singapore analyses the reasons for this.

Image Credit: shutterstock.com

Produced by: Jake Lim

Presented by: Wong Shou Ning, Keith Kam

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Categories: property, economy

Tags: singapore residential market, property market outlook,

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