Real Estate in Singapore
Summary
Real Estate in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Real estate refers to physical property and consists of land and buildings. The market scope includes renting and leasing various types of real estate properties. Market volume refers to the total number of properties that are rented or leased. It does not encompass properties sold by real estate brokers or agents, nor does it include land sales, whether for rent or full purchase. The scope of market volume also excludes unoccupied properties. Market value refers to the revenue generated from renting and leasing properties.
- The Singaporean real estate industry recorded revenues of $12.6 billion in 2024, representing a compound annual growth rate (CAGR) of 3.8% between 2019 and 2024.
- Industry consumption volume increased with a CAGR of 0.9% between 2019 and 2024, reaching a total of 0.2 million units in 2024.
- Singapore captured a share of 0.3% in the Asia-Pacific real estate industry in 2024.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the real estate market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the real estate market in Singapore
- Leading company profiles reveal details of key real estate market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore real estate market with five year forecasts by both value and volume
- What was the size of the Singapore real estate market by value in 2024?
- What will be the size of the Singapore real estate market in 2029?
- What factors are affecting the strength of competition in the Singapore real estate market?
- How has the market performed over the last five years?
- How large is Singapore’s real estate market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the most notable recent developments in this industry?
- 8 Company Profiles
- 8.1. CapitaLand Group Pte Ltd
- 8.2. Keppel REIT Management Ltd
- 8.3. UOL Group Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Singapore real estate market value: $ million, 2019-24
- Table 2: Singapore real estate market volume: thousand units, 2019-24
- Table 3: Singapore real estate market category segmentation: % share, by value, 2019-24
- Table 4: Singapore real estate market category segmentation: $ million, 2019-24
- Table 5: Singapore real estate market geography segmentation: $ million, 2024
- Table 6: Singapore real estate market value forecast: $ million, 2024-29
- Table 7: Singapore real estate market volume forecast: thousand units, 2024-29
- Table 8: CapitaLand Group Pte Ltd: Key Facts
- Table 9: CapitaLand Group Pte Ltd: Key Employees
- Table 10: Keppel REIT Management Ltd: Key Facts
- Table 11: Keppel REIT Management Ltd: Annual Financial Ratios
- Table 12: Keppel REIT Management Ltd: Key Employees
- Table 13: UOL Group Ltd: Key Facts
- Table 14: UOL Group Ltd: Annual Financial Ratios
- Table 15: UOL Group Ltd: Key Employees
- Table 16: Singapore Size of Population (Million), 2020-24
- Table 17: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 18: Singapore GDP (Current Prices, $ Billion), 2020-24
- Table 19: Singapore Inflation, 2020-24
- Table 20: Singapore Consumer Price Index (Absolute), 2020-24
- Table 21: Singapore Exchange Rate, 2019-24
- List of Figures
- Figure 1: Singapore real estate market value: $ million, 2019-24
- Figure 2: Singapore real estate market volume: thousand units, 2019-24
- Figure 3: Singapore real estate market category segmentation: $ million, 2019-24
- Figure 4: Singapore real estate market geography segmentation: % share, by value, 2024
- Figure 5: Singapore real estate market value forecast: $ million, 2024-29
- Figure 6: Singapore real estate market volume forecast: thousand units, 2024-29
- Figure 7: Forces driving competition in the real estate market in Singapore, 2024
- Figure 8: Drivers of buyer power in the real estate market in Singapore, 2024
- Figure 9: Drivers of supplier power in the real estate market in Singapore, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the real estate market in Singapore, 2024
- Figure 11: Factors influencing the threat of substitutes in the real estate market in Singapore, 2024
- Figure 12: Drivers of degree of rivalry in the real estate market in Singapore, 2024
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