Residential Property Market Outlook
MARKET OUTLOOK Much of the uncertainties that raised caution in the market in 2023 are expected to persist into 2024, at least in the first half of the new year. Geopolitical tensions, macroeconomic headwinds, rising costs and high interest rates will continue to influence housing demand and risk appetite. Where interest rates are concerned, there […]
Residential Property Report
Private Residential Property Q2 2024 Overview Despite the relatively tepid home sales owing to limited new project launches, overall private residential property prices continued to climb in Q2 2024 – albeit at a more moderate pace compared with the previous quarter. Price Private Home Leasing Transactions Private Residential Market Outlook In view of the slow […]
Private New Home Sales
Developers’ sales rebounded in July, supported by fresh project launches in the mass market segment. There were 571 units of new private homes sold (ex. executive condos) in July – more than doubling the 228 units shifted in the previous month. Of note, July’s sales figure is also the highest monthly tally in four months, […]