Q2 2015 Market Update at a Glance !


PRIVATE RESIDENTIAL PROPERTIES

Sources: URA

Private residential market at a glance (excluding ECs):

Pte Residential Market

Prices and Rentals

Prices of private residential properties decreased by 0.9% in 2nd Quarter 2015, compared to the 1.0% decline in the previous quarter. This was the seventh straight quarter of price decline.

 

OFFICE SPACE

Office market at a glance:

office market

Prices and Rentals

Prices of office space increased by 0.3% in 2nd Quarter 2015, compared with a decrease of 0.1% in the previous quarter . Rentals of office space fell 2.6% in 2nd Quarter 2015, compared with the 0.6% increase in 1st Quarter 2015

 

RETAIL SPACE

Retail market at a glance:O

Prices and Rentals

Prices of retail space decreased by 0.5% in 2nd Quarter 2015, after remaining unchanged in the previous quarter.Rentals of retail space decreased by 0.5% in 2nd Quarter 2015, compared to the 0.3% decrease in 1st Quarter 2015

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