The Singapore Real Estate Market Report is Segmented by Property Type (Residential and Commercial), by Business Model (Sales and Rental), by End User (Individuals/Households, Corporates & SMEs and Others), and by Region (Core Central Region (CCR), Rest of Central Region (RCR) and Outside Central Region (OCR)). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Singapore Luxury Residential Real Estate Market Report is Segmented by Property Type (Apartments & Condominiums, Villas & Landed Houses), by Business Model (Sales and Rental), by Mode of Sale (Primary (New-Build) and Secondary (Existing-Home Resale)), and by District (Central Business District (CBD), Orchard Road and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

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Singapore Real Estate Market Size 2025-2029

The singapore real estate market size is forecast to increase by USD 62.6 billion at a CAGR of 4.6% between 2024 and 2029.

The market is witnessing significant growth, driven primarily by the burgeoning demand for industrial infrastructure. This trend is fueled by the country's status as a global business hub, attracting numerous multinational corporations seeking to establish a presence. Concurrently, marketing initiatives in the real estate industry are gaining momentum, with developers increasingly adopting innovative strategies to differentiate their offerings and cater to diverse customer segments. However, this market landscape is not without challenges. Regulatory uncertainty looms large, with ongoing debates surrounding potential changes to property cooling measures and land use regulations. These uncertainties could deter investors and developers, potentially hindering market growth. As such, navigating the complex regulatory environment and staying abreast of policy developments will be crucial for companies looking to capitalize on opportunities and mitigate risks in the Singapore Real Estate market.

What will be the size of the Singapore Real Estate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The Singapore real estate market exhibits dynamic activity in various sectors. The sub-sale market experiences continuous fluctuations, influenced by property valuation models and market forecasting. Property law plays a crucial role in real estate financing and collective sales, including en bloc and strata title transactions. Property investment funds and real estate syndication provide financing options for freehold and leasehold properties. Real estate litigation arises from property disputes, necessitating ethical conduct in property management services. Proptech adoption streamlines property search engines and portfolio management, while property tax incentives stimulate investment. Rental management services and property insurance mitigate risks in the diverse real estate landscape. Property market trends encompass master plans, property crowdfunding, and real estate marketing strategies.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. AreaResidentialCommercialIndustrialMode Of BookingSalesRental and leaseTypeLanded houses and villasOffice spaceApartments and condominiumsStore spaceOthersPriceMid-tierEntry-levelLuxuryGeographyAPACSingapore

By Area Insights

The residential segment is estimated to witness significant growth during the forecast period.

The Singapore real estate market encompasses various sectors, including residential, commercial, and industrial properties. The residential segment, comprised of apartments, condominiums, single-family homes, and other living arrangements, experiences significant demand due to population growth and the country's robust economy. Urban renewal projects and sustainable development initiatives contribute to the transformation of the property market. Commercial real estate, including office buildings and retail spaces, benefit from the thriving economy and increasing business activities. Property management companies employ technology, such as virtual and augmented reality, to enhance the property buying and selling experience. Real estate investment trusts and funds provide opportunities for investors seeking capital appreciation and rental income. Property prices have been on an upward trend due to high demand and limited supply, with vacancy rates remaining relatively low. Property taxes, stamp duty, and government policies influence the market dynamics. Urban planning and infrastructure development are essential for economic growth and smart city initiatives. Real estate developers and proptech startups leverage technology, including artificial intelligence and big data, to streamline property transactions and enhance property management. The rental market, property valuation, and property development are shaped by various factors, including rental yield, housing affordability, and market sentiment. Land use planning and regulations play a crucial role in shaping the real estate landscape. Capital appreciation and rental income continue to attract investors to the market, with mortgage rates influencing affordability. Smart home technologies and green building standards add value to both residential and commercial properties.

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The Residential segment was valued at USD 100.30 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

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In 2024, investments in residential real estate in Singapore amounted to ***** billion Singapore dollars, with **** billion Singapore dollars coming from public investments. The residential real estate segment made up the largest share of real estate investment sales, bolstered by increases in private residential investment sales. Singapore ranks among the world's most expensive property markets.

In 2024, the home ownership rate among residents in Singapore was at 90.8 percent, an increase from the previous year. Singapore has high rates of home ownership, despite being among the world’s most expensive property markets. Singapore’s public housing policy hinges on high rates of home ownership Home ownership is seen as key to nation-building in Singapore, and thus makes up the core of its public housing policy. The Home Ownership Scheme, introduced in 1964, provides grants and subsidies to Singaporean citizens planning to purchase a housing unit under the management of the Housing Development Board (HDB). As a result, 80 percent of the residents in Singapore live in public housing. Priced out of the private market? While new HDB units are only available for Singaporean citizens, the resale and private housing market are open to non-citizens as well. Private residential property in Singapore is seen as an attractive and safe investment for many foreign buyers. Luxury private apartments, costing millions of dollars, are unattainable for many residents

In 2023, the Singapore Real Estate Market reached a value of USD 153.4 million, and it is projected to surge to USD 251.1 million by 2030.

Singapore's real estate market is booming, with a projected CAGR of 6.57% to 2033. Discover key market trends, leading developers (CapitaLand, GuocoLand, City Developments), and segment analysis (apartments, condos, villas) in this comprehensive report. Invest wisely in Singapore's thriving property market. Recent developments include: April 2024: Two historical buildings in the Pearl’s Hill vicinity are set to be demolished to make way for new housing developments. The government plans to build 6,000 new homes in the area over the next decade. The third housing site is located at the intersection of Chin Swee and Outram roads, while the white site sits primarily atop the underground Outram Park MRT station. The 2.9 ha white site, with a plot ratio of 6.3, has condominium units and long-term serviced apartments., March 2024: To meet the demand for homes, the government decided to launch a new housing area in Yishun and may develop a new residential neighborhood at Gillman Barracks. About 10,000 homes will be built in the new Yishun estate of Chencharu, situated near Khatib MRT station. At least 80% will be public housing, with the first Build-to-Order (BTO) project comprising 1,200 units of two-room Flexi to five-room flats to be launched in 2024.. Key drivers for this market are: Increasing Economic Growth, High Demand for Property Boosting the Market. Potential restraints include: Experiencing Slower Growth due to Government Measures, Rising Interest Rates Affecting the Growth of the Market. Notable trends are: Rise in the Residential Segment of the Singapore Real Estate Market.

In 2023, the gross domestic product (GDP) from real estate in Singapore amounted to ***** billion Singapore dollars. 2020 saw the lowest GDP contribution from real estate in the past ten years, likely due to the COVID-19 pandemic.

Source: https://www.ura.gov.sg/realEstateIIWeb/transaction/search.action

List of postal districts tagged to their approximate location is here: https://www.ura.gov.sg/realEstateIIWeb/resources/misc/list_of_postal_districts.htm

Only last 5 years are kept by URA. Can anyone from URA help release the rest? Hope to update this annually. Have fun and dont forget to upvote if you find this useful.

Singapore Real Estate Market was valued at USD 93.6 Billion in 2023 and is projected to reach USD 128.10 Billion by 2031, growing at a CAGR 4% from 2024-2031.The Singapore real estate market encompasses the buying, selling, leasing, and development of properties in the city-state. It includes residential, commercial, industrial, and mixed-use developments, catering to the diverse needs of individuals, businesses, and investors. The market is highly regulated, with policies designed to maintain stability, affordability, and sustainable growth. Singapore’s strategic location, robust legal framework, and reputation as a global financial hub make its real estate sector an attractive investment avenue.

1 Singapore Dollar == 0.70 United States Dollar 1 Singapore Dollar == 0.72 Euro 1 Singapore Dollar == 5.11 Chinese Yuan 1 Singapore Dollar == 3.64 Brazilian Real 1 Singapore Dollar == 58.24 Indian Rupee 1 Singapore Dollar == 2.65 Saudi Riyal 1 Singapore Dollar == 2.58 United Arab Emirates Dirham 1 Singapore Dollar == 153.95 Pakistani Rupee 1 Singapore Dollar == 14.05 Mexican Peso 1 Singapore Dollar == 10,967.44 Indonesian Rupiah 1 Singapore Dollar == 1.12 Australian Dollar

Structured dataset containing contact details of all Council for Estate Agencies (CEA) registered salespersons in Singapore.

In 2023, foreign direct investments in the real estate sector in Singapore amounted to approximately ** billion Singapore dollars. This amounted to a small percentage of the total foreign direct investment in Singapore in that year, which amounted to about **** trillion Singapore dollars.

Singapore real estate market analysis (2019-2033): Discover key trends, market size ($208.63B in 2025), CAGR, leading companies (CapitaLand, City Developments, Frasers Property), and investment opportunities in residential, commercial, and industrial sectors. Explore the projected growth and future outlook.

Housing Index in Singapore increased to 210.70 points in the first quarter of 2025 from 209.40 points in the fourth quarter of 2024. This dataset provides the latest reported value for - Singapore Property Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The ASEAN office real estate market, valued at approximately $100 million in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 9% from 2025 to 2033. This expansion is fueled by several key factors. The region's burgeoning economies, particularly in Vietnam, Indonesia, and the Philippines, are attracting significant foreign direct investment, driving demand for modern office spaces. Technological advancements and the rise of the digital economy are also contributing to increased office space needs, particularly in tech hubs across the ASEAN nations. Furthermore, a growing middle class and a young, increasingly skilled workforce are bolstering the demand for high-quality office accommodations in major cities like Singapore, Bangkok, Ho Chi Minh City, and Jakarta. However, challenges remain. Supply chain disruptions and global economic uncertainties could impact the market's trajectory. Additionally, varying regulatory frameworks across different ASEAN countries may pose obstacles for seamless market integration and development. Despite potential challenges, the long-term outlook remains positive. Strategic investments in infrastructure development, coupled with government initiatives to enhance business environments, are expected to sustain market growth. The increasing adoption of flexible workspaces and sustainable building practices will also shape future market dynamics. Competition among established players like Savills, CBRE, Hines, and local developers is expected to intensify, leading to innovations in design, technology integration, and tenant service offerings. This competitive landscape, along with the underlying economic strength of the region, promises continued expansion for the ASEAN office real estate market in the coming years. While precise regional breakdowns are unavailable, Singapore and Thailand are likely to dominate in terms of market share given their established economies and mature real estate markets. Vietnam, Indonesia, and the Philippines represent high-growth areas with significant potential. Recent developments include: October 2023: The Instant Group (a leading global platform for flexible workspaces) secured a three-year managed office agreement with Arvato Systems Malaysia. The existing office space of Arvato Systems Malaysia in Kuala Lumpur, a pivotal development center for the Arvato Systems Group, is expected to undergo renovation and expansion. Expected to be finished in 2024, the total office space of Arvato Systems Malaysia will be 26,720 sq. ft, with 15,963 sq. ft undergoing refurbishment and an additional 10,757 sq. ft being custom-fit for the company's needs.January 2023: TAM Group, a GSSA (general sales and service agent) based in Hong Kong, expanded its presence in Southeast Asia by opening three new offices. Responding to the increased demand in the region, TAM Group partnered with Thailand’s GP Group and Vietnam’s TP Cargo Transport Services to establish offices in key strategic areas, including Bangkok, Ho Chi Minh City, and Hanoi.. Key drivers for this market are: 4., Increasing Demand for Co-Working Spaces. Potential restraints include: 4., Increasing Demand for Co-Working Spaces. Notable trends are: Demand for Co-Working Spaces is Driving the Market.

Singapore Real Estate Software Market is expected to grow during 2025-2031

The size of the Singapore Luxury Residential Real Estate Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.00">> 3.00% during the forecast period. Key drivers for this market are: Rapid urbanization, Government initiatives. Potential restraints include: High property prices, Regulatory challenges. Notable trends are: UHNWI in Asia Driving the Demand for Luxury Properties.

Singapore Real Estate Investment Trusts (REITs): Index data was reported at 1,219.813 Jul2002=100 in Sep 2018. This records an increase from the previous number of 1,215.983 Jul2002=100 for Aug 2018. Singapore Real Estate Investment Trusts (REITs): Index data is updated monthly, averaging 743.600 Jul2002=100 from Jul 2002 (Median) to Sep 2018, with 195 observations. The data reached an all-time high of 1,243.819 Jul2002=100 in Jan 2018 and a record low of 99.620 Jul2002=100 in Jan 2003. Singapore Real Estate Investment Trusts (REITs): Index data remains active status in CEIC and is reported by Singapore Exchange. The data is categorized under Global Database’s Singapore – Table SG.Z004: Singapore Stock Exchange (SGX): Real Estate Investment Trusts.

Graph and download economic data for Real Residential Property Prices for Singapore (QSGR628BIS) from Q1 1998 to Q2 2025 about Singapore, residential, HPI, housing, real, price index, indexes, and price.