SINGAPORE PROPERTY MARKET REPORT - Q3 2022 POWERED BY PROPERTYGURU DATASENSE
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Singapore Property Market Report Q3 2022 Powered by PropertyGuru DataSense
Q3 2022
Executive Summary
Sale Demand Index Despite rising mortgage rates, Q2 2022 was a robust
162.20 (-1.18%) quarter, with the increased costs of borrowing having
Sale Price Index
a limited impact on the buying sentiment.
149.61 (3.69%)
Sale Supply Index
After a quiet first quarter, the non-landed private
84.47 (1.02%) property market seems to have recovered. New
major condo launches in Q2 2022 were well-received,
Rental Demand Index
with prices and sales volumes picking up.
241.90 (-8.83%)
Rental Price Index
Signs of an impending slowdown have been observed
152.40 (4.94%) for a while now. Prices in the HDB resale market
Rental Supply Index
maintained their upward trajectory as transaction
46.74 (18.60%) volumes declined. As the limited supply of larger flat
types gradually dwindles and buyers become
increasingly resistant to high asking prices, growth is
expected to slow further.
The already-thriving private property rental
markets are expected to receive an even greater
boost in the coming quarter as border controls relax
and foreign talents return in droves.
But construction delays in both public and private
housing are gradually improving. The introduction of
new units into the market will relieve the supply
crunch, moderating rental growth.
Likewise, the completion of the delayed BTO projects
might mean a less robust HDB rental market in
Q3 2022 as affected young families exit the HDB
rental market. Still, singles and unmarried couples,
alongside incoming foreign talent looking for more
affordable properties, may keep HDB rental prices
afloat.
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Singapore Property Market Report Q3 2022
Demand Index Price Index Supply Index
250
210.13
200.78 198.57
200 194.24
181.15 181.06
170.60
164.78 163.99 162.20
elaS
149.61
150 144.28
142.52 141.48
134.66
128.35
122.68
117.14
111.47 110.00 110.11
106.03 106.78 105.34 104.95
101.97 104.06
100.00 101.62
100 96.47 98.60 97.85 95.65 96.55
93.88 91.94
88.86
84.10 83.17 85.48 83.62 84.47
80.32
71.67
68.87
50
1Q
2Q
3Q
4
1Q
2Q
3Q
4
1Q
2Q
3Q
4
1Q
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4
1Q
2Q
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81
9
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12
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81
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81
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81
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12
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10
10
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Demand Index Price Index Supply Index
300
265.07
241.90
234.44
205.48
200 198.49
192.95
174.86 177.33
latneR
153.58 152.13 152.49 152.40
146.26 145.22
137.40
131.11 132.91
126.34 128.42
120.19 120.35 120.83 122.37
114.55 110.95 114.53
110.15 108.51 109.28
105.01
100.00 99.02 101.64
100
89.76 88.31
80.71 77.75 77.75 78.45 80.36
72.00
67.05
62.80
51.91 53.96 54.03
45.28 46.74
39.41
0
1Q
2Q
3Q
4
1Q
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4
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Powered by PropertyGuru DataSense
Note: In addition to the changes in the data set and computation methods used, the indices in the new Singapore
Property Market Report use Q1 2018 as the Base Quarter. In previous reports prior to Q1 2022, the indices used Q4
2016 as the Base Quarter.
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Contents
1 Get the GuruView
2 Singapore Property
Sale Market Index
Sale Price Index, Supply
Index and Demand Index
Top Performing Districts
and Projects
Districts and Projects
to Watch
3 Singapore Property
Rental Market Index
Rental Price Index, Supply
Index and Demand Index
Top Performing Districts
by Rental Yield
4 Conclusion
5 About This Report and
Methodology
6 About PropertyGuru
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
HDB resale market prices continued to make modest gains, with signs of slowdown observed as transaction volumes declined. HDB rental prices recorded their first dip in three years. Private property sales have recovered from the December 2021 property cooling measures, with buying interest favouring RCR properties. Private property rental prices remain red-hot, asking prices registered spikes in anticipation of returning expatriates. Interest rates continue to rise, but growing costs of financing property unlikely to cool property markets until actual mortgage rates move past the current safety margin rate of 3.5%. Demand for investment property remains resilient despite increased ABSD rates. More foreigners are investing in luxury and CCR properties in the face of macroeconomic uncertainties.
Singapore Property Sale
Market Index
Singapore Property Sale Market Index Q3 2022
220
210.13
200.78 198.57
194.24
181.15 181.06
170.60
164.78 163.99 162.20
163
149.61
142.52 144.28
141.48
134.66
128.35
122.68
117.14
111.47 110.00 110.11
106.03 106.78 105.34 104.95 106.49
107 100.00 101.97 101.62
96.47 98.60 97.85 96.55
93.88 95.65
91.94
88.86
84.10 83.17 85.48 83.62 84.47
80.32
71.67
68.87
50
1Q
2Q
3Q
4
1Q
2Q
3Q
4
1Q
2Q
3Q
4
1Q
2Q
3Q
4
1Q
2Q
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81
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0
12
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81
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81
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81
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The Demand Index tracks The Price Index tracks The Supply Index tracks
the number of enquiries of median asking prices of all the number of all
all property sale listings on property sale listings on property sale listings on
PropertyGuru Singapore. PropertyGuru Singapore. PropertyGuru Singapore.
In Q2 2022, the Singapore Property Sale Price Index picked up, recording a
3.69% quarter-on-quarter (QoQ) increase, compared to the 1.98% QoQ
growth seen from Q4 2021 to Q1 2022.
Prices in the HDB resale market continue to trend upwards as buyers
continue to pursue larger, pricier flats and value space premiums. Although
HDB resale flat prices have reached a new peak, signs of an oncoming
slowdown have already been observed – transaction volumes are steadily
declining and recorded gains are more modest than the previous year’s.
Meanwhile, the non-landed private property market seems to have
rebounded from the effects of the December 2021 property cooling
measures. Buyers took well to the Q2 2022 launch offerings. With a lineup of
attractive new projects in the upcoming quarter and resilient demand,
prices show no signs of abating.
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Asking price for HDB resale flats increase for
16 straight quarters
The median per square foot (PSF) sale prices for HDB resale flats listed on
PropertyGuru Singapore increased 2.43% QoQ. This aligns with the HDB
Resale Price Index for Q2 2022, which saw resale transaction prices rise by
2.8% QoQ. This increase marks the sixteenth straight quarter of growth for
asking prices.
Prices look set to continue making small increments in the next quarter,
despite the spreading sentiment that the average buyer is becoming more
resistant towards and unwilling to match high asking prices.
Aside from the young families unwilling to wait out long BTO completion
times fuelling demand and the influx of flats that just fulfilled their
Minimum Occupation Period (MOP) entering the resale market, prices
remain propped up due to an enduring preference for larger HDB flat
types.
Buyers are mostly private property ‘downgraders’, or HDB upgraders
willing to pay high Cash Over Valuation (COV) amounts for the dwindling
supply of larger flats. Already, these larger flats command higher prices
due to their size.
Consequently, the first million-dollar flats were seen in Woodlands, Marine
Parade and Pasir Ris in Q2 2022. As it is, the pace of million-dollar HDB flat
transactions in 2022 has already surpassed that of 2021. If this momentum
is sustained, we are looking at another record-breaking year, with more
than 300 million-dollar flats transacted.
Sale Price Index for HDB Resale Flats
150 2018 2019 2020 2021 2022
140
132.17
130 127.16
128.69 129.04
126.24
123.41 124.64
120 118.03
113.31
110.56
110
106.17
104.11
100.00 99.99 99.98 101.01 101.39 102.20
100
90
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
The rising mortgage rates appear to have little effect on the buying
sentiment. Non-landed and landed private property saw asking prices
increase by 4.78% and 3.53%, respectively, climbing for nine and 10 straight
quarters.
Strong uptake for new condominium launches boosted sales volume and
prices in Q2 2022, especially in the Rest of Central Region (RCR). Major
launches for the quarter – Piccadilly Grand and Liv @ MB – were well-
received, selling 77% and 75% of their units, respectively, on their launch
weekends. This reflects the pent-up demand for attractive projects with
compelling sales attributes, such as having a city fringe location and being
within walking distance of MRT stations and amenities.
In the same vein, AMO Residence moved 98% of its units over its launch
weekend in July 2022. If this is any indication of the quarter to come, we are
looking at a robust Q3 2022.
While price growth for landed properties is slowing, it is likely a reflection of
the widening gap between buyers’ and sellers’ expectations, rather than a
dip in demand. The finite stock of landed homes secures its status as a
highly sought-after property class. Individuals who intend to buy landed
property tend to make a purchase once they find a suitable property at an
agreeable price.
Sale Price Index for Private Property
145
2018 2019 2020 2021 2022
134 134.01
129.44
128.55
123 122.69
120.81
113.25
112
107.72
105.00 105.14 105.25
104.04
102.79 102.12
101.54
101 100.00 99.78 100.67 100.45 100.36 100.83
99.29 98.56 99.53
97.71 98.47
95.92 96.87 95.89 96.21
95.65
94.68
90
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Non-Landed Landed
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Top Performing Districts
and Projects
Top 10 Performing Condo New Launch Projects
Units Sold
Project Name District Region
in Q2 2022
1 Piccadilly Grand 324 8 Farrer Park RCR
2 Liv @ MB 231 15 Mountbatten RCR
3 North Gaia 168 27 Yishun OCR
4 Normanton Park 112 5 One-north RCR
5 Riviere 80 3 River Valley RCR
6 Bellewaters 70 19 Sengkang OCR
7 Avenue South Residence 69 3 Bukit Merah RCR
8 The Florence Residences 69 19 Hougang OCR
9 The Vales 57 19 Sengkang OCR
10 The Watergardens at Canberra 55 27 Sembawang OCR
Powered by PropertyGuru DataSense
*Data is accurate based on Option to Purchase (OTP) agreements lodged on URA from 1 April 2022 to 30
June 2022 as of 29 July 2022.
Piccadilly Grand
District 8
Farrer Park, RCR
Liv @ MB
District 15
Mountbatten, RCR
North Gaia
District 27
Yishun, OCR
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Top 5 Performing Districts for Private Property
Q1 2022 Q2 2022
District Name QoQ growth
Median PSF Median PSF
1 D8 Farrer Park/Serangoon Road $1,540 $2,139 38.90%
2 D15 East Coast/Marine Parade $1,738 $2,012 15.77%
3 D27 Sembawang/Yishun $1,181 $1,275.50 8.00%
4 D2 Chinatown/Tanjong Pagar $2,137 $2,306 7.91%
5 D28 Seletar/Yio Chu Kang $1,160.50 $1,240.50 6.89%
Powered by PropertyGuru DataSense
*Data is accurate based on median transaction prices for private properties in Q2 2022 as of 29 July 2022.
D27
Districts 8 (Farrer Park/Serangoon
Road) and 15 (East Coast/Marine D28
Parade) were the top-performing
districts in Q2 2022, primarily due to
the success of the Piccadilly Grand
and Liv @ MB launches. While
District 27 (Sembawang/Yishun) also
appeared on the list, QoQ price
growth was moderated due to the
lower-than-expected number of
units sold during the North Gaia
D8
launch. D15
The slowing OCR price growth
observed in Q2 2022 was presumably D2
due to changing work
arrangements. As more return to the
office, buyers may have turned their
attention towards RCR properties in
anticipation of daily work
commutes.
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSenseSingapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Top 5 Performing Estates for HDB Resale Flats
Median
Total
Neighbourhood Region District Transacted
transactions
Price
1 Hougang/Punggol/Sengkang 1,360 OCR 19 $542,444
2 Bukit Batok/Bukit Panjang 802 OCR 23 $505,944
3 Sembawang/Yishun 629 OCR 27 $480,000
4 Pasir Ris/Tampines 620 OCR 18 $563,500
5 Boon Lay/Jurong/Tuas 554 OCR 22 $500,000
Powered by PropertyGuru DataSense
*Data is accurate based on number of transactions for HDB resale flats in Q2 2022 as of 29 July 2022.
D27
D23 D19
D18
D22
As in previous quarters, prices climbed despite dipping transaction
volumes. The top-performing estates for HDB resale flats by
transaction volume remain unchanged, featuring HDB estates that
contain the bulk of the newly MOP-ed flats.
Young families, unwilling to wait out long BTO completion times,
continue to enter the HDB resale market. With HDB resale flat prices
at an all-time high, these buyers look towards homes in more wallet-
friendly neighbourhoods.
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSenseSingapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Districts and Projects to Watch
While the RCR was the main price driver in Q2 2022, it is likely that
prices in the Outside Central Region (OCR) will pick up in Q3 2022. As
the buying preference for larger homes persists, buyers continue to
look for homes in the OCR, where properties hit the sweet spot
between size and price point.
As it is, Bellewaters and The Vales, two Executive Condominiums (ECs)
in Sengkang, which fulfilled their 5-year Minimum Occupation Period
(MOP) this year, took the sixth and ninth spot on the list of top 10
best-selling projects for the quarter.
Aside from the launch of AMO
Residence, other notable
upcoming OCR launches include
Sceneca Residence, Lentor
Modern, and Sky Eden @ Bedok.
Tengah Garden Residences EC
and Tampines North EC are
predicted to perform well too.
These mass-market launches are
likely to attract HDB upgraders
and meet genuine occupier
demand, bumping up prices for
the districts they are situated in.
Flush with cash, HDB upgraders
who have sold their newly MOP-
ed flats will either go for these
upcoming new launches or the
larger resale HDB flats in more Sceneca Residence
attractive and expensive city-
fringe neighbourhoods.
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSenseSingapore Property
Rental Market Index
The Rental Price Index inched upwards and is now at a 16-quarter high,
while the Rental Demand and Supply Indices recorded a QoQ dip.
When looking at the list of top performing non-landed private property
rental projects by transaction volume, a preference towards properties in
the RCR and Core Central Region (CCR) was observed. Properties near the
Central Business District (CBD) and in areas traditionally favoured by
expatriates saw an increased uptake.
Correspondingly, the URA real estate statistics for Q2 2022 revealed that
rental prices of non-landed properties in the Core Central Region (CCR)
increased 7.7% in Q2 2022, as compared to 3.8% in Q1 2022 – the biggest
QoQ price growth difference among the different regions.
Singapore Property Rental Market Index Q3 2022
280
265.07
241.90 The Demand Index tracks
234.44
224 the number of enquiries of
205.48
198.49 all property rental listings
192.95
174.86 177.33 on PropertyGuru Singapore.
168
153.58 152.13 152.49 152.40
146.26 145.22
132.91
137.40 The Price Index tracks
126.34 128.42 131.11
120.19 120.35 120.83 122.37
114.53 median asking prices of all
112 110.15
105.01 105.40
108.51 109.28 110.95
100.00 99.02 101.64
89.76
property rental listings on
88.31
80.71 77.75 77.75 78.45 80.36
72.00 PropertyGuru Singapore.
67.05
62.80
56 51.91 53.96 54.03
45.28 46.74
39.41
The Supply Index tracks the
number of all property
0
rental listings on
1Q
2Q 02
3Q 102
4
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2Q 02
3
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PropertyGuru Singapore.
Q
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Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSensePrice and demand for HDB rental market dips for the first time in three years Median asking prices for HDB rental properties listed on PropertyGuru recorded the first QoQ dip in three years (following the introduction of the PropertyGuru Rental Price Index). While the 0.95% QoQ change is modest, this is perhaps a sign that the HDB rental market is finally slowing down. In the past quarter, more young families have collected their keys to their BTO flats. As the BTO flat supply moves towards being restored and construction delays alleviated, demand and prices for HDB rental flats will gradually abate. Nonetheless, singles and unmarried couples seeking space and privacy continue to rent. Foreigner talents looking for more affordable rental options will also contribute to keeping the HDB rental market buoyant. Surge in rental prices for private property brought on by low residential vacancy rates and returning expatriates Expatriates are returning to the city-state and renting private properties in droves. In anticipation of these returning expatriates, sharp spikes in asking prices for both non-landed and landed private property rental units on PropertyGuru have been observed. Median PSF asking prices of listed rental units for non-landed private property grew 8.89% QoQ from Q1 2022 to Q2 2022, compared to the 6.40% growth recorded from Q4 2021 to Q1 2022. Landed private property asking prices shot up 15.30% QoQ from Q1 2022 to Q2 2022, a huge leap from the 4.04% increase seen from Q4 2021 to Q1 2022. Consequently, these higher asking prices could translate to greater rental price growth in Q3 2022. In the short term, the tight rental supply and low residential vacancy rates create a ripe formula for enduring rental price growth in the private property markets. That said, more projects are expected to reach completion in 2023 and improve vacancy rates. This may help to moderate said growth. Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Top Performing Districts By
Rental Yield
D25 Admiralty/Woodlands
Private Property 3.79%
D25
D22 Boon Lay/Jurong/Tuas
3.14%
D23
D18
D23 Bukit Batok/
Bukit Panjang
2.91% D18 Pasir Ris/Tampines
D22 3.15%
D4 D4 Harbourfront/Telok Blangah
2.82%
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*Calculated based on median rental and sale transaction prices in Q2 2022, accurate as of 29 July 2022.
The top performing districts by rental yield for private property saw
a reshuffle, with CCR districts completely knocked off the list and
OCR districts taking four out of five spots. It is worth noting
properties in these districts situated further from the city centre
tend to be purchased at a lower price, which likely contributes to the
higher rental yield.
Nevertheless, rental properties across Singapore continue to be in
high demand. When examining the list of top performing non-
landed private property rental projects, based on the number of
converted sessions from PropertyGuru listings*, CCR properties have
made a reappearance after two quarters of absence, thanks to the
foreign talent returning to the city.
Locals primarily lean toward projects which afford them
connectivity and larger living spaces, typically in the OCR. All
favoured property rentals are within a 10-minute walk of an MRT
station.
*A converted session is when a user visits the listing page and moves on to enquire about the listing.
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSenseSingapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
HDB Flats
Ang Mo Kio: 5.60%
Jurong East: 5.95%
Jurong West: 5.76%
Geylang: 6.00%
Bedok: 6.00%
Marine Parade: 5.57%
Powered by PropertyGuru DataSense
*Calculated based on median rental and sale transaction prices in Q2 2022, accurate as of 29 July 2022.
As in previous quarters, mature HDB estates command the highest
rental yield percentages. Bedok and Geylang moved up a few spots
to tie as the top performing HDB estates by rental yield. Marine
Parade makes a return to the list, after having been replaced by
Geylang in Q1 2022.
Resale and rental prices have risen significantly in these
neighbourhoods. However, many still seek to rent in these HDB
estates as they strike a good balance between connectivity, nearby
amenities, and cost.
The local preference for HDB rental locations remains unchanged.
The top performing HDB street addresses, based on the number of
converted sessions from PropertyGuru listings, are in Ang Mo Kio,
Clementi, Toa Payoh, Bedok, Tampines, Jurong, and Yishun.
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSenseConclusion
In Q2 2022, the non-landed private property market made a sharp
recovery from the latest property cooling measures implemented on 16
December 2021. Prices and demand have stayed resilient and are expected
to remain so in Q3 2022, on the back of attractive upcoming new launches.
The robust sales have sparked discussions of new cooling measures being
introduced before the year draws to a close.
Should private home prices see sustained double-digit percentage
growth in the coming quarters, the government may intervene. If that
happens, it would be the first time two rounds of property curbs are
implemented in such a short period. More cooling measures will
probably be the last resort, as the government has already made
moves to cool the market in the medium-term by increasing the
housing supply.
Dr. Tan Tee Khoon
Country Manager, PropertyGuru Singapore
As property prices and bank interest rates continue to climb,
conversations surrounding affordability have begun to pick up. In
response, some developers are considering bringing forward launch dates.
That said, there may not actually be a need to do so, as rising mortgage
rates may not necessarily dampen buying.
‘Genuine’ homebuyers seeking to buy an own-stay property will still go
ahead with the purchase despite the higher costs of financing. To keep
within their budget, buyers may simply right-size their property purchase
and go for smaller properties or more affordable properties on lower
floors.
[Market] [Country]
Singapore Property
Property MarketMarket
ReportIndex
Q3Q4 2021
2022 – Powered by PropertyGuru DataSenseAbout This Report Buying a home is one of the most difficult decisions of our lives. It is also likely to be the most expensive decision. When committing to a home purchase, it is important to be equipped with relevant and sufficient information so that the decision can be made confidently. PropertyGuru wants to simplify this process for property seekers, including first-time homebuyers and existing homeowners who might be looking into buying their second or third properties. In that vein, we created this report to help Singaporeans understand the movement of the property market better, so that property buyers can gain greater insight on current price trends that are in line with market sentiments, and to try to time their property purchases better. As a leader in the real estate market in Singapore, PropertyGuru processes a vast amount of property data daily and delivers in-depth insights to all home seekers. In this report, we look at pricing, demand and supply indices of residential properties in Singapore, in various locations, and across different property types, to provide a comprehensive overview of property market dynamics across the city-state. Methodology Using a range of statistical techniques, the data from over 600,000 HDB flat and private home listings on PropertyGuru Singapore is aggregated and indexed for the quarterly Singapore Property Market Report – Powered by PropertyGuru DataSense. The report presents three main indices – the Price Index, Supply Index, and Demand Index, for both the sales and rental markets. This enables us to draw meaningful insights on Singapore's residential property market, based on the price fluctuations and supply-demand trends. The Price Index is indicative of sellers' optimism, based on the prices on PropertyGuru Singapore that developers and homeowners feel that they can get for their respective properties. This is complemented by the Supply Index, which provides a view of supply volumes in the market through the number of new launches and resale property listings on the platform. The responsiveness of home buyers and tenants to the Price and Supply Indices is shown in the Demand Index, which represents the proportion of interested property seekers for homes listed. From the Singapore Property Market Report Q1 2022 onwards, the Price, Supply and Demand Indices will use Q1 2018 as the base quarter. Prior to that, the PropertyGuru Singapore Property Market Index was computed using a different methodology, with Q4 2016 as the base quarter. Powered by PropertyGuru DataSense, the Singapore Property Market Report is further enriched by utilising historical property transaction data. Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
PropertyGuru Group REG PropertyGuruGroup.com | AsiaPropertyAwards.com | AsiaRealEstateSummit.com SG PropertyGuru.com.sg | CommercialGuru.com.sg MY PropertyGuru.com.my | iProperty.com.my ID Rumah.com | RumahDijual.com TH DDproperty.com | thinkofliving.com VN Batdongsan.com.vn Contact For media or press enquiries, or to understand more about the Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense, email us at mediaenquiry@propertyguru.com.sg. With Thanks Special thanks to Dr. Tan Tee Khoon for his contributions to the Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense. Disclaimer This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, PropertyGuru Group does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. About PropertyGuru DataSense PropertyGuru DataSense is the leading data technology partner in the property market - providing big data, analytics and solutions to help our partners utilise actionable insights and technology to achieve their business goals. About PropertyGuru Launched in 2007, PropertyGuru.com.sg continues to be the No.1 property marketplace in Singapore. Currently with more than 77%* market share, PropertyGuru is the preferred destination for property seekers to find, finance and own their dream home. PropertyGuru.com.sg transformed the way Singaporeans find homes by taking property online and has since been helping them make confident property decisions. In 2020, PropertyGuru launched mortgage marketplace PropertyGuru Finance offering the best loans and home advisory. For more information about PropertyGuru, please visit PropertyGuru.com.sg and PropertyGuruGroup.com, or our social media pages on Facebook, Instagram, Twitter, YouTube and LinkedIn. *Based on SimilarWeb data between October 2021 and March 2022.
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