Home sales plummet in Q3 as buyers retreat amid market turmoil, while commercial property thrives Singapore

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

SINGAPORE: In the third quarter of 2024, the landed home market saw a notable slowdown, with sales volume decreasing by 3.7% quarter-on-quarter, totalling 414 transactions.

An influx of new non-landed property launches also influenced the landscape, prompting potential buyers to explore their options more thoroughly.

Semi-detached homes also experienced a decrease, albeit more moderate, with sales slipping from 136 to 130. Districts 13, 15, 16, 19, and 28 emerged as the most sought-after areas for landed homes during the quarter, reflecting shifting buyer preferences in a changing market.is holding steady, driven by robust demand for office spaces and a steady stream of investment inquiries, according to the Q3 2024 Global Commercial Property Monitor, as reported by theDemand for office space remains strong, showing a net balance of +25, up from +18 last quarter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines