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Residential
Launches and new sales moderate
Price gain slows further on falling sales volume and resistance higher price levels
Unsold inventory expands steadily for the third consecutive quarter but remains low
Islandwide rental decline slows in 2Q24, pointing towards a potential stabilising of the leasing market
Outlook
Office
Bifurcated economic drivers shape office leasing
Outlook
Retail
The broader retail property market remains stable
Outlook
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1Q24 2Q24
Overall 1.4% 0.9%
Non-landed 1.0% 0.6%
CCR 3.4% -0.3%
RCR 0.3% 1.6%
OCR 0.2% 0.2%
Landed 2.6% 1.9%