The latest Real Estate Sentiment Index (RESI) published by the National University of Singapore (NUS) suggests that property buying sentiment in Singapore has seen a positive shift in 3Q2024. This improvement is a result of the survey conducted by senior executives of real estate firms, which is measured quarterly by NUS’s Department of Real Estate and the NUS Institute of Real Estate and Urban Studies (IREUS).
In 3Q2024, the current sentiment index rose from 4.8 to 5.9, while the future sentiment index increased from 5.1 to 5.8. Moreover, the composite sentiment index also saw a rise from 4.9 to 5.9. …