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Q3 private home prices up; new home sales double over previous quarter, but rents are down

Net absorption of private residential property stays in negative territory, reaching all-time low of minus 2,605 units

Kalpana Rashiwala

Published Fri, Oct 23, 2020 · 09:50 PM

Singapore

A SHARP rebound in private home sales in both primary and secondary markets in the third quarter underpinned continued gains in the official private home price index, but it was a different story in the leasing market.

Private housing rents in Singapore continued to soften in Q3 2020, albeit at a slower clip, while vacancies rose

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Property

Property

Q3 private home prices up; new home sales double over previous quarter, but rents are down

Kalpana Rashiwala

KEYWORDS IN THIS ARTICLE

Property

Swedish property group SBB's loss shrinks in Q1 and sees improving capital market

Consider housing policy tweaks to boost Singapore’s birth rate

HDB resale volumes recover in April as fewer BTO launches push demand to secondary market

More homes planned in Media Circle to support housing demand

Country Garden deadlines pose first big test of bond guarantees

Global housing shortages are crushing immigration-fuelled growth

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