What is your market trend data as of October 2023

As of the latest updates, here are some key trends in the Singapore real estate market:

- Price Growth: Singapore property price growth is expected to slow down in 2025, with estimates ranging between 0% and 1%, down from previous projections of 1% growth.
- Private Residential Prices: In the first quarter of 2025, Singapore private residential prices rose by 0.8%, driven by growth in the Rest of Central Region (RCR) and new launches. This increase has resulted in a narrower price gap between different segments of the market.
- Market Resilience: Despite a 7.3% quarter-on-quarter drop in investment deals in the first quarter of 2025, the Singapore real estate capital market remains resilient.
- Supply and Demand: The number of private home completions is expected to taper down from 10,600 units in previous years to about 5,800 units in 2025, which could lead to a tighter market for resale properties.
- Economic Factors: Expectations of slowing economic growth in 2025 could impact property demand, although easing inflation and interest rates may provide some relief.

For more detailed and personalized insights, you can use EdgeProp's market trends tracker, heatmap, and other tools to access historical property data, sales volumes, and compare similar properties.