Market research data and analysis for 2Q 2025 Rental Report: Private Home Rents Poised to Stabilise After Mild Correction; Rental Take-Up Rates Inch Up

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.

Dataset from Housing & Development Board. For more information, visit https://data.gov.sg/datasets/d_23000a00c52996c55106084ed0339566/view

Market research data and analysis for Singapore Residential Rental Market Lookback (2024): Private Home Rents Moderate While HDB Rents Grow

The Car Rentals Market in Singapore Report is Segmented by Vehicle Type (Economy, Premium, and More), Booking Channel (Online and Offline), Rental Duration (Short-Term and Long-Term), Application (Tourism and General Commuting), Powertrain Type (ICE, Hybrid, and Electric Vehicle ), and End-User (Individual and Corporate). Market Forecasts are Provided in Terms of Value (USD).

Market research data and analysis for 3Q 2025 Rental Report: Rental Market Momentum Underpinned By Growing Foreign Workforce and Increasing Interim Rental Demand from Homeowners

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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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USD 0.57 Billion in 2024; projected USD 1.07 Billion by 2033; CAGR 7.21%.

In the first half of 2020, the rental price of retail colocation in Singapore was between *** and *** U.S. dollars per month. Pricing in hyperscale cloud and wholesale colocation was less expensive, with monthly costs between *** and *** U.S. dollars for the hyperscale, and *** to *** U.S. dollars for wholesale colocation. Hyperscale data centers have the largest power requirements and customers are usually a cloud or large tech company. Wholesale and retail colocation, on the other hand, have smaller power requirements.

USD 0.4 Million in 2024; projected USD 0.97 Million by 2033; CAGR 10.25%.

Over the forecast period until 2029, the sales channel distribution share is forecast to exhibit fluctuations among the two segments. Only in the segment Online, a significant increase can be observed over the forecast period. In this segment, the sales channel distribution share exhibits a difference of ***** percent between 2019 and 2029. Find further statistics on other topics such as a comparison of the sales channel distribution share in Indonesia and a comparison of the sales channel distribution share in Singapore. The Statista Market Insights cover a broad range of additional markets.

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.

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.

The Singapore real estate market, valued at $46.58 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 6.57% from 2025 to 2033. This positive trajectory is driven by several key factors. Singapore's strong economic fundamentals, a stable political environment, and a consistently high demand for residential and commercial properties contribute significantly to market expansion. Furthermore, government initiatives aimed at improving infrastructure and attracting foreign investment fuel this growth. The increasing affluence of the population, coupled with limited land availability, continues to exert upward pressure on property prices, particularly in prime locations. However, the market is not without its challenges. Rising interest rates and potential regulatory changes could act as restraints, potentially moderating growth in the coming years. Nevertheless, the long-term outlook remains optimistic, particularly given the ongoing demand fueled by a growing population and a robust economy. The market is segmented into various property types, including residential (condominiums, apartments, landed properties), commercial (office spaces, retail malls), and industrial (warehouses, factories), each exhibiting its own growth dynamics. Key players such as UOL Group Limited, CapitaLand, GuocoLand Limited, and City Developments Limited, along with several others, compete within this dynamic landscape. The historical period (2019-2024) likely saw fluctuations influenced by global economic events and local policy adjustments. Considering the 2025 market value and projected CAGR, a reasonable estimation for market size progression would show consistent growth, potentially experiencing some year-on-year variance based on economic cycles and policy changes. While specific regional data is unavailable, Singapore's relatively compact geography suggests a less pronounced regional disparity in market share compared to larger countries. The continued emphasis on urban planning and development will likely see a sustained high demand for properties across different segments and locations throughout the forecast period. The competitive landscape, marked by both established giants and emerging developers, is likely to remain dynamic, influenced by mergers and acquisitions, and innovation in property development and management. 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: Increasing Economic Growth, High Demand for Property Boosting the Market. Notable trends are: Rise in the Residential Segment of the Singapore Real Estate Market.

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 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.

In 2023, the total rental volume for Housing and Development Board (HDB) flats in Singapore was ****** units. In 2025, it was expected to reach ****** units.

The ASEAN car rental market, valued at approximately $XX million in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 15.70% from 2025 to 2033. This surge is driven by several key factors. Firstly, the burgeoning tourism sector across Southeast Asia fuels demand for short-term rentals, particularly in popular destinations like Thailand, Singapore, and Vietnam. Secondly, the increasing urbanization and traffic congestion in major cities are prompting more individuals and businesses to opt for convenient car rental solutions for commuting and daily needs, bolstering long-term rental segments. Furthermore, the rise of online booking platforms and mobile applications simplifies the rental process, enhancing accessibility and convenience for consumers. While infrastructure limitations in certain regions and fluctuating fuel prices pose some challenges, the overall market outlook remains positive, with continuous technological advancements and evolving consumer preferences contributing to its sustained growth. This growth is unevenly distributed across the region. Singapore, with its developed infrastructure and high tourist influx, likely commands a significant market share. Indonesia and Vietnam, given their large populations and expanding middle classes, are also expected to witness substantial growth in car rentals. Malaysia and Thailand, already established tourist hotspots, will continue to be important markets. The "Rest of Southeast Asia" segment, encompassing smaller economies, may experience slower yet consistent expansion. Key players like Avis Budget Group, INDORENT, and Blue Bird Group are actively competing to capture market share, investing in fleet expansion, technological upgrades, and strategic partnerships to cater to the evolving demands of this dynamic market. The competitive landscape is further shaped by the emergence of local players and the increasing popularity of peer-to-peer car sharing services. This insightful report provides a detailed analysis of the burgeoning ASEAN car rental market, encompassing historical data (2019-2024), current estimates (2025), and future projections (2025-2033). It delves into market size, segmentation, trends, and key players, offering invaluable insights for investors, businesses, and stakeholders seeking to understand and capitalize on this dynamic sector. The report uses a base year of 2025 and forecasts a market valued in the millions of units. Recent developments include: June 2022: Carro acquired a 50% stake in the rental arm of Indonesian automotive group PT Mitra Pinasthika Mustika for nearly USD 54 million, according to a statement from the companies. PT Mitra Pinasthika Mustika Rent (MPMRent) is Indonesia's largest car rental company, with a fleet of over 13,000 vehicles and financing services., July 2022: InterContinental Phuket Resort and SIXT Thailand formed a partnership that will introduce the Nissan Leaf to its rental collection in Phuket. To power this new fleet of EVs, InterContinental Phuket Resort has installed a total of six EV charging points - four AC stations and one1 DC station with two chargers., January 2022:The Middle Eastern mobility company ekar announced that it will begin operations in Thailand, starting with Bangkok and moving on to other cities later this year. With no down payments or long-term commitments, ekar's exclusive car subscription service, which is available through the ekar app, offers cars with terms of one to nine months for a single monthly fee. Peer-to-peer carsharing services from ekar will be available later in 2022.. Key drivers for this market are: Increase in Demand for Clean Energy Driving the Market. Potential restraints include: Rising Safety Concerns is Antcipated to Restrain the Market. Notable trends are: Rising Tourism Industry in the Region Drives the Market.

Discover the booming Singapore car rental market! Projected to reach $316.1 million by 2033 with a 9.84% CAGR, this report analyzes market size, trends (online bookings, premium vehicles), and key players. Learn about growth drivers and challenges in this competitive landscape. Recent developments include: In March 2022, Tribecar, a Singapore-based car-sharing platform announced that it has acquired a local auto firm, Car Club. The joint venture will provide both Tribecar and Car Club members with access to a fleet of over 1,400 vehicles, In January 2022, Cycle & Carriage (C&C) Singapore opened its new online car rental site, which is run by the leasing division of the car distributor. MyCarriage is the name of the new platform, according to the company, which enables clients to browse the variety of vehicles that are available in real-time and choose the specific model they want to hire, even down to the precise make, model, and color., In October 2021, Singapore-based electric car rental company BlueSG announced that its cars are rented out about 100,000 times a month with 4,000 subscriptions added in the same time period,. Key drivers for this market are: Rise in Tourism Across Activities the Country. Potential restraints include: Hike In Fuel Prices To Restrict The Market Growth. Notable trends are: Rising Car Prices is Boosting the Market Growth.

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.