With the release of URA lst Quarter 2020 real estate statistics, we have extracted the following tables which will enable you to make your investment decision in property. Whether you are a HDB owner, whose property is reaching Minimum Occupation Period (MOP), or an EC Owner whose property has reached its 5 year MOP and you are thinking of upgrading, right sizing or purchasing a second property for passive income, you need to assess your own situation in  the light of present economic environment, post Covid19.  To quote our DPM in Business Times, "markets cannot defy gravity.  It has to be linked back to the real economy, and if the real economy is going to be in the doldrums for a while, he does not think markets can remain buoyant and get detached." "We are in a situation where you have negative rates all over the world, and therefore, there is a scramble in the search for yield and markets are moving up because of that."

You also need to study the supply statistics. So invest wisely. If you need assistance, speak to our sales persons who have real estate experience and banking background.  Email our sales@auctionjia.com.sg or call 62232801.

Private residential market at a glance:

*Figures exclude Executive Condominium (ECs) 

(Source: URA Media Release)

Quarterly Property stock  2016-2020

(Source: Realis)

Private Residential Stock - Non Landed (2016 - 2020)

Private Landed Residential Stock (2016 - 2020)

Executive Condominiums Stock (2016 - 2020)

 Expected Year of Completion Private Condo and ECs Bar Charts

(Source: URA Media Release)

Unsold Private Residential Units and Unsold EC Units

 (Source: URA Media Release)