When & Where to Focus Your Listings: Mar 2022 Edition

Hello Agent Partners, time flies and we are in the last month of Q1!

In the recent Consumer Sentiment Study H1 2022, we are pleasantly surprised that 52% of Singaporean respondents are keeping an open mind on the Dec’21 cooling measures. Meanwhile, those who were not in favor cited greater difficulty in affording their property of choice as the main reason. Of those surveyed, 50% are considering more affordable options when seeking properties.

The good news here is, despite the cooling measures and changes in tax system, property seekers are actively looking out, which means opportunities for our agent partners! Let’s dive deep and have a look at the demand and supply gap for March.

When to Focus Your Listings

This month, Sunday scored asthe highest traffic day of the week, closely followed by Monday and the mid-week.

This shift in pattern was likely due to Chinese New Year, which allowed property seekers to stay active beyond weekends.

Browsing hours remained as usual with peak periods unchanged at 11am to 5pm and 8pm to 10pm. Be sure to catch the attention of property seekers during these periods when you Boost and Turbo your listings, however do note that our Spotlight feature will discontinue by the end of this month!

Where to Focus Your Listings 

Commercial Listings

Once again, City & South West (D01-08) and Balestier/ Geylang (D12-14) topped the monthly chart with the highest view volumes on PropertyGuru Singapore.

Serangoon/ Thomson (D19-20) and East Coast (D15-16) also remained champions as the districts with the largest market gap, together with all other districts that continue to grow in demand. To get more insights on commercial real estate trends, check out our latest Agent News featuring Commercial Real Estate Guru, Edith Tay from PropertyBank!

Residential Listings 

Meanwhile looking at residential listings, Serangoon/ Thomson (D19-20) and City & South West (D01-08) again recorded the highest view volumes of all times!

Continuing the momentum as a new rising star, Changi/ Pasir Ris (D17-18) also claimed its winning position with the largest market gap, followed by North (D25-28) and West (D22-24) right behind.

RELATED

When & Where to Focus Your Listings: Mar 2022 Edition

As your valued partner, we understand that an agent’s job is never-ending and always changing, hence our products and solutions are designed to grow with you and support you in your career.

With our strong industry knowledge and relationships with all major banks; doesn’t matter how complex (or simple) your cases are – PropertyGuru Finance offers your clients a one-stop home loan solution that helps you to close deals quickly and effortlessly.

Quote ‘NEW80’ when referring your 1st home loan to enjoy 3x guaranteed rewards:

Exclusive $80 CapitaLand Voucher

100% Referral Commission

Partner360 Reward Points

Exclusive to 1st time referrals, while stocks last. Find out more via our FAQs or start referring now!

See you next month, into the new quarter!

Always a better partner for you, 
PropertyGuru Team 

Read Next

When & Where to Focus Your Listings: Apr 2022 Edition

Entering the first month of Q2, we are greeted with delightful news of more alleviated measures in Singapore. This positive change signifies more opportunities, including our recent successful…

737 Views 0 Comments

Add Comment

Please read our Guideline for posting a comment

PropertyGuru Community Guidelines

All user submitted content is reviewed before it is published on the website.
We reserve a right not to publish content that contains any of the following:

• Content not relevant to the context
• Inappropriate language
• Offensive language towards other community members
• Racist, sexist, criminal, violent comments
• Spamming and any commercial promotion
• HTML tags in the content
• No contact information