Your browser does not support JavaScript! Pls enable JavaScript and try again.
Mortgage Learn & Help We are here to make things a little easier for you, by giving you the full access to our mortgage expertise and solution that are tailored with you in mind.

Property Market Updates

Singapore Quarter 2, 2019
2019 Q2

15 min read
The slowing global economy and the escalation of the trade conflict between the US and China prompted the Ministry of Trade and Industry (MTI) to lower Singapore’s gross domestic product (GDP) growth forecast to 1.5 to 2.5 per cent (from 1.5 to 3.5 per cent) in May 2019. However, this revised forecast is being reviewed with early indicators suggesting that Q2’s growth rate could be less than Q1’s 1.2 per cent. Read More

Singapore Quarter 1, 2019
2019 Q1

15 min read
Singapore’s economy grew by 1.2 per cent in Q1 2019, lower than the 1.3 per cent growth in Q4 2018. The moderated growth in Q1 2019 was largely due to the contraction in manufacturing amid global trade tensions and an electronics slowdown. While the growth of the services sector was maintained at 1.5 per cent y-o-y in Q1 2019, the construction sector expanded by 2.9 per cent y-o-y in Q1 2019, a turnaround compared to the 1.2 per cent y-o-y contraction in Q4 2018. Read More

Singapore Quarter 4, 2018
2018 Q4

15 min read
Cautious optimism amid potential economic headwinds for local economy. Due to the lack of big-ticket investment deals, investment sales declined by 6.2 per cent year-on-year (y-o-y). Investment sales in the residential sector still comprised the largest proportion at 51.9 per cent. However, residential transactions fell significantly in H2 2018 with the introduction of cooling measures in July 2018. Read More

Singapore Quarter 3, 2018
2018 Q3

15 min read
The new cooling measures impacted negatively on investment sales, with residential investment sales declining by 63.2 per cent quarter-on-quarter (q-o-q), due to the slowing en bloc market. Nevertheless, 99-year leasehold Phoenix Heights was still sold after the cooling measures, for $553.01 per square foot per plot ratio (psf ppr). Read More

Singapore Quarter 2, 2018
2018 Q2

15 min read
Residential investment sales contributed to the bulk, or 61.6 per cent of total investment sales in Q2 2018, with the record sale price of Park House at $2,910 per sq ft per plot ratio (psf ppr). Read More

Singapore Quarter 1, 2018
2018 Q1

15 min read
Residential investment sales constituted 85.1 per cent of total investment sales in Q1 2018, with the collective sale of Pacific Mansions at $980m being the largest residential investment sale. Read More
Head back to Citi Mortgage Page
Our mortgage experts are here for you. 
Head back to Citi Mortgage Page
Our mortgage experts are here for you.