Research
Implications of Higher Seller’s Stamp Duty (SSD) and an Extended Holding Period for Singapore Property Owners
The Government has announced two changes to the Seller’s Stamp Duty (SSD) for residential properties: (a) An increase in the holding period from three to
1H 2025 Luxury Homes Report: Has The Luxury Home Market Turned The Corner?
In 1H 2025, demand for luxury ($5 million and above) and ultra-luxury ($10 million and above) non-landed homes held resilient despite the heightened economic uncertainty.
2Q 2025 URA Private Residential Report: Sales Dip Driven by June Holiday, Election Timing and Fewer Launches
According to URA’s flash estimates, the All-Residential Property Price Index exhibited a modest increase of 0.5% quarter-on-quarter (q-o-q) in 2Q 2025, while the total transaction
2Q 2025 HDB Quarterly Report: HDB Prices Continue to Grow Despite Lower Demand
Resale Price Index (RPI) Continues to Grow in Moderation According to the Housing and Development Board (HDB)’s flash estimates, the HDB RPI rose to 202.8,
Government Land Sale (GLS) Site Analysis – Dunearn Road
The tender for the Government Land Sale (GLS) parcel at Dunearn Road closed today on 26 June 2025. It drew strong developer interest, with nine
May 2025 Monthly Developer Sales Report: New Home Sales Anchored by Investor-Centric Properties Amid a Lull Month
In May 2025, developer sales reached 312 new private homes (excluding ECs), reflecting a 52.9% month-on-month (m-o-m) decline. The lower number of new home sales
2H 2025 GLS: 5 Private Residential Sites, 3 Mixed-Use Sites, and 2 EC Sites on Confirmed List
The 2H 2025 Government Land Sales (GLS) program introduced 4,725 private residential units in the Confirmed List. This brings our total annual Confirmed List supply
Government Land Sale (GLS) Site Analysis – Lakeside Drive
The tender for the Government Land Sale (GLS) parcel at Lakeside Drive closed today on 03 June 2025. It drew strong developer interest, with six
1Q 2025 Rental Report: Private Home and HDB Rents see a Minor Uptick
In 1Q 2025, the All-Private Residential property rental index increased slightly to 158.5, marking a 0.4% increase q-o-q and y-o-y. This slight growth follows a
GFA Harmonisation Explained: What We Observed One Year After the First ‘Harmonised’ Project?
It has been slightly more than a year ago, the first project that was subjected to the new Harmonisation of Gross Floor Area (GFA) rule,
April 2025 Monthly Developer Sales Report: Investor-Centric Projects Take Centre Stage in New Private Home Market
In April 2025, developer sales reached 663 new private homes (excluding ECs), reflecting a 9.1% month-on-month (m-o-m) decline. A total of three projects made their
1Q 2025 Industrial Property Market: Escalating Trade Tension Weighs on Industrialists’ Sentiment
Economic Overview Singapore’s economy further expanded by 3.8% year-on-year (y-o-y) in 1Q 2025, an increase from the 4.4% growth in 2024. However, on a quarter-on-quarter