Singapore MAS Forecast: Exchange Rate: Mean data was reported at 1.360 SGD/USD in Mar 2019. This records a decrease from the previous number of 1.371 SGD/USD for Dec 2018. Singapore MAS Forecast: Exchange Rate: Mean data is updated quarterly, averaging 1.400 SGD/USD from Dec 1999 (Median) to Mar 2019, with 78 observations. The data reached an all-time high of 1.800 SGD/USD in Sep 2003 and a record low of 1.000 SGD/USD in Sep 2015. Singapore MAS Forecast: Exchange Rate: Mean data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.M007: Foreign Exchange Rate: Forecast: Monetary Authority of Singapore: Survey of Professional Forecasters.

The USD/SGD exchange rate fell to 1.2833 on July 18, 2025, down 0.16% from the previous session. Over the past month, the Singapore Dollar has strengthened 0.30%, and is up by 4.60% over the last 12 months. Singapore Dollar - values, historical data, forecasts and news - updated on July of 2025.

Singapore MAS Forecast: Exchange Rate: Maximum data was reported at 1.900 SGD/USD in Dec 2018. This records an increase from the previous number of 1.390 SGD/USD for Sep 2018. Singapore MAS Forecast: Exchange Rate: Maximum data is updated quarterly, averaging 1.500 SGD/USD from Dec 1999 (Median) to Dec 2018, with 77 observations. The data reached an all-time high of 2.000 SGD/USD in Mar 2001 and a record low of 1.200 SGD/USD in Mar 2013. Singapore MAS Forecast: Exchange Rate: Maximum data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.M007: Foreign Exchange Rate: Forecast: Monetary Authority of Singapore: Survey of Professional Forecasters.

Prices for USDSGD US Dollar Singapore Dollar including live quotes, historical charts and news. USDSGD US Dollar Singapore Dollar was last updated by Trading Economics this July 18 of 2025.

Key information about Singapore Exchange Rate against USD

• Singapore Exchange Rate against USD averaged 1.339 (USD/SGD) in May 2023, compared with 1.332 USD/SGD in the previous month.
• Singapore Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 3.061 in Nov 1971 and a record low of 1.209 in Aug 2011.

• In the latest reports, Singapore SIBOR: SGD: Month End: 3 Months was reported at 4.089 % pa in May 2023.
• Its Long Term Interest Rate (Government Securities: Yield: Month End: 10 Years) was reported at 2.850 % pa in May 2023.
• The cash rate (Policy Rate: Month Avg: Singapore: Overnight Rate) was set at 3.724 % pa in May 2023.

In 2024, the average exchange rate from U.S. dollars to Singapore dollars amounted to approximately 1.34, meaning that one U.S. dollar could buy 1.34 Singapore dollars. The exchange rate from U.S. dollars to Singapore dollars had been fluctuating over the observed period.

Singapore MAS Forecast: Exchange Rate: Median data was reported at 1.380 SGD/USD in Dec 2018. This records an increase from the previous number of 1.377 SGD/USD for Sep 2018. Singapore MAS Forecast: Exchange Rate: Median data is updated quarterly, averaging 1.400 SGD/USD from Dec 1999 (Median) to Dec 2018, with 77 observations. The data reached an all-time high of 1.800 SGD/USD in Sep 2003 and a record low of 1.000 SGD/USD in Sep 2015. Singapore MAS Forecast: Exchange Rate: Median data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.M007: Foreign Exchange Rate: Forecast: Monetary Authority of Singapore: Survey of Professional Forecasters.

Singapore MAS Forecast: Exchange Rate: Minimum data was reported at 0.723 SGD/USD in Dec 2018. This records a decrease from the previous number of 1.320 SGD/USD for Sep 2018. Singapore MAS Forecast: Exchange Rate: Minimum data is updated quarterly, averaging 1.400 SGD/USD from Dec 1999 (Median) to Dec 2018, with 77 observations. The data reached an all-time high of 1.800 SGD/USD in Mar 2002 and a record low of 0.723 SGD/USD in Dec 2018. Singapore MAS Forecast: Exchange Rate: Minimum data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.M007: Foreign Exchange Rate: Forecast: Monetary Authority of Singapore: Survey of Professional Forecasters.

European Union FX Reference Rate: ECB: Singapore Dollar to Euro data was reported at 1.486 EUR/SGD in Apr 2025. This records an increase from the previous number of 1.452 EUR/SGD for Mar 2025. European Union FX Reference Rate: ECB: Singapore Dollar to Euro data is updated monthly, averaging 1.741 EUR/SGD from Jan 1990 (Median) to Apr 2025, with 424 observations. The data reached an all-time high of 2.410 EUR/SGD in Jan 1991 and a record low of 1.397 EUR/SGD in Aug 2022. European Union FX Reference Rate: ECB: Singapore Dollar to Euro data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Belgium – Table BE.ECB: Euro Foreign Exchange Reference Rates.

A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to ***, whereas analysts suspected it should be around ** given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at **** percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.

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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

The price per unit in the 'Cheese' segment of the food market in Singapore was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the ***** consecutive increasing year, the price per unit is estimated to reach ***** U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Cheese' segment of the food market was continuously increasing over the past years.Find further information concerning the volume in the 'Fruits & Nuts' segment of the food market in Germany and the average volume per capita in the 'Confectionery & Snacks' segment of the food market in Portugal. The Statista Market Insights cover a broad range of additional markets.

The gross domestic product (GDP) in current prices in Singapore stood at about 547.39 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 535.31 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 150.68 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The Singapore Freight and Logistics Market Report is Segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Wholesale and Retail Trade, Oil and Gas, Mining and Quarrying, and Others), and by Logistics Function (Courier, Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services). The Market Forecasts are Provided in Terms of Value (USD).

The price, combined in the 'Tea' segment of the hot drinks market in Singapore was forecast to continuously increase between 2024 and 2029 by in total 13.8 U.S. dollars (+12.69 percent). After the ninth consecutive increasing year, the price, combined is estimated to reach 122.58 U.S. dollars and therefore a new peak in 2029. Find further information concerning the volume change, at home in the 'Coffee' segment of the hot drinks market in Poland and the volume per Capita, combined in the 'Tea' segment of the hot drinks market in Brazil. The Statista Market Insights cover a broad range of additional markets.

The size of the Singapore Data Center Construction market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.04% during the forecast period. This also puts the country in a position to become a regional hub for tech. Major global tech companies will come and establish their data centers here, so the market will be driven further. Market for Singapore Data Center Construction Market remains highly competitive; however, some of the major players such as AECOM, NTT Ltd., Fortis Construction, IBM Corporation, and Schneider Electric SE hold an important position in the market. The companies involved offer end-to-end solutions, from design to building and integration of sophisticated IT and cooling systems, to ensure efficient and sustainable data center operations. The influence of artificial intelligence, Internet of Things, and 5G technology will ensure that the data center market continues to keep on the growth trajectory. In parallel, the governing measures that are pushing the digitalization front and attracting investments in data centers also contribute toward advancing the market. The Singapore data center construction market is expected to grow at a high rate in the coming years and, therefore, this is considered as an attractive market for investors and service providers. Recent developments include: November 2022: AirTrunk completed the final phase of SGP1 data center expanding the total capacity of the data center to more than 78 MW., September 2022: Equinix, Inc. announced a partnership with the Centre for Energy Research & Technology (CERT) under the National University of Singapore's (NUS) College of Design and Engineering to explore technologies that enable the use of hydrogen as a green fuel source for mission-critical data center infrastructure.. Key drivers for this market are: Increased Migration to Cloud-based Business Operations, Rise of Green Data Centers; Government Support in the Form of Tax Incentives for Development of Data Centers. Potential restraints include: Higher Initial Investments and Low Availability of Resources. Notable trends are: Tier 3 is the Largest Tier Type.

The price per unit in the consumer electronics market in Singapore was forecast to continuously decrease between 2024 and 2029 by in total *** U.S. dollars (-**** percent). According to this forecast, in 2029, the indicator will have decreased for the sixth consecutive year to ****** U.S. dollars. Find further information concerning the revenue change in the 'Televisions' segment of the consumer electronics market in the world and the average revenue per capita in the 'Headphones' segment of the consumer electronics market in Canada. The Statista Market Insights cover a broad range of additional markets.

The price per unit in the 'Baby Food' segment of the food market in Singapore was forecast to continuously increase between 2025 and 2030 by in total three U.S. dollars (+9.29 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 35.24 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Baby Food' segment of the food market was continuously increasing over the past years.Find further information concerning the revenue in the 'Confectionery & Snacks' segment of the food market in Japan and the revenue in the 'Fresh Fruits' segment of the food market in Germany. The Statista Market Insights cover a broad range of additional markets.

The Singapore travel and tourism market size reached USD 4.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 6.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.6% during 2025-2033. There are various factors that are driving the market, which include the rising number of international cruise passengers, improving airport infrastructure, favorable visa policies, and increasing adoption of digital technologies.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2025-2033​. Our report has categorized the market based on type, service offering, purpose of visit, and booking type.

Key information about Singapore Policy Rate

• Singapore cash rate (Policy Rate: Month Avg: Singapore: Overnight Rate) was set at 4.00 % pa in Jun 2023, compared with 3.72 % pa in the previous May 2023.
• Singapore Policy Rate averaged 0.40 % pa and is updated monthly, available from Jul 2005 to Jun 2023.
• The data reached an all-time high of 4.39 % pa in Sep 2022 and a record low of 0.02 % pa in Jul 2011.

• In the latest reports, Singapore SIBOR: SGD: Month End: 3 Months was reported at 4.09 % pa in Jun 2023.
• Its Long Term Interest Rate (Government Securities: Yield: Month End: 10 Years) was reported at 3.08 % pa in Jun 2023.
• Singapore Exchange Rate against USD averaged 1.35 (USD/SGD) in Jun 2023.
• Its Real Effective Exchange Rate was 131.63 in May 2023.