Record Transactions in 2024’s First 11 Months

The landed market hit a high note in 2024, with 1,733 units transacted in the first 11 months—surpassing 2023’s full-year total of 1,516.

Transaction values climbed 10.5% to S$9.17 billion, driven by private homeowners who accounted for a 23.1% year-on-year rise in deals. The price index grew 1.0% over the first nine months, with median prices rising across terraced, semi-detached, and detached segments.

Districts 19, 15, and 28 led the pack, highlighting diverse buyer interests from family homes to luxury estates. This growth underscores the sector’s appeal as a hedge against inflation

Source: SRI

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