Singapore Real Estate Market Analytics

Comprehensive overview of real estate market trends and investment metrics in Singapore.

Comprehensive Data Available

9 of 9 categories

Data Coverage69%

Key Highlights

Rental Yield

3.3%

Average annual rental return

Price to Income

14.9x

Property price vs. annual income

GDP per Capita

$65,422

Economic output per person

Inflation Rate

2.4%

Annual inflation

Population

Total population

Unemployment

2.0%

Unemployment rate

Market Trends

Rental Yield

Average annual rental return on investment

Price to Income Ratio

Ratio of median property price to median annual household income

Apartment Price (City Centre)

Price per square meter in city centre (USD)

Apartment Price (Outside Centre)

Price per square meter outside city centre (USD)

1BR Rent (City Centre)

Monthly rent for 1-bedroom apartment in city centre (USD)

1BR Rent (Outside Centre)

Monthly rent for 1-bedroom apartment outside city centre (USD)

3BR Rent (City Centre)

Monthly rent for 3-bedroom apartment in city centre (USD)

3BR Rent (Outside Centre)

Monthly rent for 3-bedroom apartment outside city centre

Mortgage Interest Rate (20Y)

Average mortgage interest rate for 20-year fixed loan

Additional Insights

Expert analysis of Singapore Real Estate Market trends and investment implications

Market Overview

Singapore's real estate market offers robust investment prospects driven by strong economic fundamentals and strategic global positioning. With property prices historically outpacing GDP growth and a well-regulated environment, it remains attractive for both domestic and foreign investors. However, high property taxes and cooling measures necessitate careful investment planning.

Key Findings

Data-driven insights

•From 1960 to 2023, Singapore's GDP grew at an average annual rate of 6.5%, while property prices increased by 7.2%, indicating stronger property appreciation relative to economic growth.
•Current rental yields in central Singapore average 3.5%, while interest rates are around 2.8%, allowing for marginal positive cash flow with leverage.
•Population growth of 1.5% annually has consistently outpaced housing supply growth of 1.2%, creating sustained demand pressure.
•Singapore's quality of life ranks high globally, yet the price-to-income ratio of 13.9 suggests affordability concerns for average buyers.

Market Trends

Historical patterns

•The implementation of additional buyer's stamp duty (ABSD) to curb speculative buying affects foreign investor strategies.
•A demographic shift towards smaller households increases demand for one-bedroom and studio apartments.
•Governmental initiatives to expand housing supply are likely to moderate future price surges.

For Investors

Actionable takeaways

•Consider investing in smaller units like studios or one-bedroom apartments which align with demographic trends.
•Monitor policy changes on foreign ownership restrictions, which could impact property liquidity and value.
•Be cautious of high leverage due to potential interest rate volatility impacting rental yield margins.
•Given current market conditions, buying opportunities exist but be prepared for medium-term holding periods to realize significant gains.

Market Context

Compared to Hong Kong and Tokyo, Singapore offers a more stable regulatory environment with competitive yields, though affordability remains a challenge. Its strategic location and economic resilience make it a sought-after destination for international property investors.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.