Can you share some information about Singapore real estate

Singapore’s housing sector can be broadly divided into public and private housing. Public housing constitutes about 76% of the total stock, with ownership and occupancy conditions regulated by the government through measures such as minimum occupation periods. Private housing, on the other hand, is more freely transacted.

In a recent snapshot:
• Approximately 13,000 private residential units valued at around $20 billion were transacted in a single year.
• About 1,000 commercial units were transacted at a total value of $4 billion.
• Around 1,700 industrial units were transacted at a total value of $11 billion.

The real estate agency landscape includes over a thousand licensed estate agents and more than 30,000 registered salespersons. Key industry players range from individual salespersons facilitating transactions to large developers that must be licensed if they build more than four units in a residential project. Government agencies also play a significant role, introducing policies and intervening to ensure sustainable growth and home ownership.