As of the fourth quarter of 2024, the private residential property price index was at *****, which means that private residential property prices increased by ***** percent since the first quarter of 2009. The index shows how the house prices changed in those years, compared to the base value from the first quarter of 2009, when the index value was equal to 100.

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.

Key information about Singapore Gold Production

• Singapore Real Residential Property Price Index was reported at 116.524 2010=100 in Mar 2024.
• This records an increase from the previous number of 115.141 2010=100 for Dec 2023.
• Singapore Real Residential Property Price Index data is updated quarterly, averaging 94.450 2010=100 from Mar 1998 to Mar 2024, with 105 observations.
• The data reached an all-time high of 116.524 2010=100 in Mar 2024 and a record low of 64.278 2010=100 in Dec 1998.
• Singapore Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

As of the last quarter of 2022, the residential non-landed property index value amounted to *****, which means that property prices increased by **** percent since the first quarter of 2009. The index shows how the property prices changed in those years, compared to the base value from the first quarter of 2009, when the index value was equal to 100.

In the last quarter of 2023, the index value amounted to 233.2, which means that house prices increased by 133.2 percent since the first quarter of 2009. The index shows how the house prices changed in those years, compared to the base value from the first quarter of 2009, when the index value was equal to 100.

Key information about Singapore Nominal Residential Property Price Index

• Singapore Nominal Residential Property Price Index was reported at 153.754 2010=100 in Mar 2024.
• This records an increase from the previous number of 151.646 2010=100 for Dec 2023.
• Singapore Nominal Residential Property Price Index data is updated quarterly, averaging 102.879 2010=100 from Mar 1998 to Mar 2024, with 105 observations.
• The data reached an all-time high of 153.754 2010=100 in Mar 2024 and a record low of 53.810 2010=100 in Dec 1998.
• Singapore Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

[COVID-19-IMPACT]

Key information about Singapore Real Residential Property Price Index Growth

• Singapore Real Residential Property Price Index Growth was reported at 1.844 % in Mar 2024.
• This records a decrease from the previous number of 2.717 % for Dec 2023.
• Singapore Real Residential Property Price Index Growth data is updated quarterly, averaging 1.712 % from Mar 1999 to Mar 2024, with 101 observations.
• The data reached an all-time high of 34.103 % in Jun 2010 and a record low of -25.040 % in Jun 2009.
• Singapore Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

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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 increa

In the second quarter of 2023, the price index value for industrial property in Singapore amounted to *****. The index shows how the property prices changed in those years, compared to the base value from the fourth quarter of 2012, when the index value was equal to 100.

Key information about Singapore Nominal Residential Property Price Index Growth

• Singapore Nominal Residential Property Price Index Growth was reported at 4.877 % in Mar 2024.
• This records a decrease from the previous number of 6.840 % for Dec 2023.
• Singapore Nominal Residential Property Price Index Growth data is updated quarterly, averaging 2.363 % from Mar 1999 to Mar 2024, with 101 observations.
• The data reached an all-time high of 38.195 % in Jun 2010 and a record low of -24.901 % in Jun 2009.
• Singapore Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

In 2023, the home ownership rate among residents in Singapore was at **** 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, ** 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

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

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.

Singapurs Real Residential Property Preisindex belief sich im 2024-03 auf 116.524 2010=100. Dies stellt einen Anstieg im Vergleich zu den vorherigen Zahlen von 115.141 2010=100 für 2023-12 dar. Singapurs Real Residential Property Preisindex werden vierteljährlich aktualisiert, mit einem Durchschnitt von 94.450 2010=100 von 1998-03 bis 2024-03, mit 105 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 116.524 2010=100 im 2024-03 und ein Rekordtief in Höhe von 64.278 2010=100 im 1998-12. Singapurs Real Residential Property Preisindex Daten behalten den Aktiv-Status in CEIC und werden von Bank for International Settlements gemeldet. Die Daten werden unter World Trend Pluss Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly kategorisiert.

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.

Ready-to-Move-in Luxury Homes Market Outlook

The global market size of ready-to-move-in luxury homes is projected to experience robust growth, with an estimated CAGR of 6.5% from 2024 to 2032. In 2023, the market size was valued at approximately $160 billion, and it is expected to reach around $285 billion by 2032. This surge in growth is primarily driven by increasing demand from high-net-worth individuals seeking immediate possession properties, as well as a burgeoning preference for luxury living spaces that offer convenience, exclusivity, and top-notch amenities. Urbanization and rising disposable incomes are also significant growth factors, as they enable more people to afford upscale housing options. Furthermore, as cities expand and develop, the need for premium housing that provides both luxury and immediate occupancy has become more pronounced.

One of the key growth factors for the ready-to-move-in luxury homes market is the shift in consumer behavior towards immediate gratification and convenience. Unlike traditional real estate investments that require buyers to wait for completion, ready-to-move-in properties allow purchasers to see exactly what they are buying, eliminating uncertainties associated with delays and potential discrepancies in the final product. This factor is increasingly appealing to discerning buyers who prioritize time savings and hassle-free transactions. Moreover, the pandemic has accelerated this trend as individuals now value having a secure, fully-furnished home that can serve as a sanctuary in uncertain times, thus driving demand for immediately available luxury properties.

The role of technological advancements in real estate is another pivotal growth factor in this market. The integration of smart home technologies and advanced security systems in luxury homes has heightened their appeal, providing affluent buyers with cutting-edge living experiences. Smart homes, equipped with automated systems for lighting, climate control, and security, enhance the convenience and sophistication of luxury properties. Additionally, these technologies offer energy efficiency and sustainability benefits, aligning with the growing consumer demand for green living spaces. Sellers and developers are leveraging these technologies to differentiate their offerings in an increasingly competitive market, thereby attracting a larger pool of potential buyers.

Furthermore, the global luxury real estate market is benefiting from an influx of foreign investment, particularly in regions with stable economic conditions and favorable investment climates. International buyers are drawn to ready-to-move-in luxury homes as they provide an opportunity to diversify their portfolios with tangible assets in prime locations. Tax incentives, investment-friendly policies, and the allure of a cosmopolitan lifestyle are compelling factors attracting overseas buyers. As a result, there is an increasing trend of cross-border property investments, particularly in metropolitan areas renowned for their luxury real estate markets, such as New York, London, and Singapore.

Regionally, the market dynamics are influenced by varying economic conditions and cultural preferences. In North America, the market is buoyed by a strong economy and a high concentration of affluent individuals seeking luxury properties as both primary and secondary residences. The Asia Pacific region, particularly China and India, is witnessing rapid urbanization and wealth accumulation, contributing significantly to the demand for luxury homes. Europe, with its rich cultural heritage and stable property markets, continues to attract international buyers, especially in cities like Paris and Berlin. Meanwhile, the Middle East & Africa region is capitalizing on its luxury tourism boom, with cities like Dubai becoming hotspots for high-end residential investments.

Property Type Analysis

Within the ready-to-move-in luxury homes market, the property type segment comprises apartments, villas, townhouses, and others. Each of these categories caters to diverse consumer preferences and lifestyle requirements. Apartments are often favored in densely populated urban areas where land is scarce, providing vertical living solutions with panoramic city views and convenient access to urban amenities. Luxury apartments often feature state-of-the-art facilities, including gyms, pools, and concierge services, appealing to buyers seeking a comprehensive living experience without the upkeep of standalone properties. As urban centers continue to grow, the demand for luxury apartments is expected to remain strong.

Villas, on t

Global enterprise intellectual property (IP) management software market demand is anticipated to be valued at US$ 7624.9 million in 2023, forecast a CAGR of 17.6% to be valued at US$ 38684.6 million from 2023 to 2033.Growth is attributed to the increasing advancement in end-user industries. From 2018 to 2022 a CAGR of 15.5% was registered for the enterprise intellectual property (IP) management software market.

Data Points	Key Statistics
Growth Rate (2018 to 2022)	15.5% CAGR
Projected Growth Rate (2023 to 2033)	17.6% CAGR
Expected Market Value (2023)	US$ 7624.9 million
Anticipated Forecast Value (2033)	US$ 38684.6 million

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 17.6% from 2023 to 2033
Expected Market Value (2023)	US$ 7624.9 million
Anticipated Forecast Value (2033)	US$ 38684.6 million
Base Year for Estimation	2022
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in US$ million and CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered	Module Type Service Type End User Region
Regions Covered	North America Latin America Europe Asia Pacific Middle East and Africa
Key Countries Profiled	USA Canada Mexico Brazil Germany Italy France UK Spain China Japan South Korea Malaysia Singapore Australia GCC Countries South Africa Israel
Key Companies Profiled	Anaqua Inc. Patrix AB Patracode SimpleLegal FlexTrac Lecorpio Clarivate Inteum Gridlogics
Customization	Available Upon Request

The size of the Asia Pacific Facility Management market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.42% during the forecast period.Facility management is a professional discipline whose major focus is in the efficient and effective delivery of logistics and other support services related to real property and buildings. It encompasses several disciplines within its scope so as to provide functionality, comfort, safety, and efficiency of the built environment by integrating people, place, process, and technology. Thus, this market for facility management in the Asia Pacific region is growing rapidly with the surging pace of urbanization, expansion of corporate real estate portfolios, and greater awareness towards the benefits of effective facility management practices. For businesses in the region that continue to grow and become more complex, the need for professional FM services to optimize the efficiency of operations and reduce costs is strong. Major drivers for the Asia Pacific facility management market include rapidly growing demand for integrated facility management solutions, the need for outsourcing of non-core functions, expanding smart building technologies and growing focus on sustainability and energy efficiency. The vast nature of the regional economic landscape coupled with emerging market countries such as India and China is an area where many opportunities have emerged for FM service providers. Recent developments include: February 2024: Chicago-based real estate firm JLL formed a sales platform in Singapore to connect Asian clients Based in Singapore with Australian property. The company advises clients in markets including Singapore, China, Hong Kong, and Malaysia on purchasing high-quality residential property across major cities in Australia., September 2023: CPG Corporation and Nanyang Polytechnic announced the partnership at BEX Asia 2023, Where Collaborating with educational institutes such as NYP allows CPG to refine their approach in undertaking future sustainability challenges through experimentation and an existing partnership with NYP provided the students with knowledge and insights on promoting eco-friendly practices in the industry, such as the reduction of embodied carbon through better use of construction materials.. Key drivers for this market are: Increasing Investments in Healthcare Infrastructure and the Construction of Healthcare Facilities in the China, Requirement of Building Information Modeling (BIM) in Commercial Buildings Addresses the Growth. Potential restraints include: Increased Instances of Data Breaches and Security Threats. Notable trends are: The Commercial Segment is Expected to Witness a Major Growth.

新加坡的实际住宅物业价格指数在03-01-2024达116.5242010=100，相较于12-01-2023的115.1412010=100有所增长。新加坡实际住宅物业价格指数数据按季更新，03-01-1998至03-01-2024期间平均值为94.4502010=100，共105份观测结果。该数据的历史最高值出现于03-01-2024，达116.5242010=100，而历史最低值则出现于12-01-1998，为64.2782010=100。CEIC提供的新加坡实际住宅物业价格指数数据处于定期更新的状态，数据来源于Bank for International Settlements，数据归类于世界趋势数据库的机构：房地产业 – 表 RK.BIS.RPPI：选定的不动产住宅价格指数：2010年=100：季度。