Singapore - Vacancy





Singapore: Vacancy

Mnemonic HVACN.ISGP
Unit # EOP, NSA
Adjustments Not Seasonally Adjusted
Quarterly 2.91 %
Data 2023 Q4 33,340
2023 Q3 34,341

Series Information

Source Singapore Department of Statistics (DOS)
Release Available And Vacant Private Residential Properties
Frequency Quarterly
Start Date 3/31/1988
End Date 12/31/2023

Singapore: Real Estate

Reference Last Previous Units Frequency
House Price Index 2023 Q4 201.5 196 Index 2009Q1=100, NSA Quarterly
Vacancy 2023 Q4 33,340 34,341 # EOP, NSA Quarterly
Building Permits 2020 Q1 1,997 2,767 # of units, NSA Quarterly
Residential Building Completions 2020 Q1 1,528 2,298 # of units, NSA Quarterly
Residential Building Permits 2020 Q1 1,827 2,151 # of units, NSA Quarterly
Residential Housing Starts 2020 Q1 2,113 4,317 # of units, NSA Quarterly

Release Information

Counts of private residential properties that are available or vacant, with certain attributes, end of quarter, for Singapore.

Quarterly data on availability, vacancy and approval of residential properties for Singapore, collected the 4th Friday of January, April, July and October. If the scheduled date of update falls on a public holiday, it will be updated on the following working day.

Scope

The stock of private residential units covers landed and non-landed.

The stock of offices and shops covers office and shop space in commercial buildings as well as those in Housing & Development Board estates and shop houses. However, it excludes office and shop space which is ancillary to factory/warehousing developments.

The stock of hotel rooms covers only rooms in hotels which are gazetted under the Singapore Tourism (Cess Collection) Act.

The stock of factories and warehouses covers factory and warehouse space in industrial buildings. However, it excludes shop houses converted to factory or storage space and transit storage space located within port areas. In the case of factories, the statistics are categorized into multiple-user factories, single-user factories and business parks.

Changes in definition

For residential units, the statistics before the 1st Quarter of 1995 cover only units completed after 1973. From the 1st Quarter of 1995, the statistics of private residential units were expanded to include all available (occupied and vacant) private residential units in Singapore. From the 2nd Quarter of 1996, HUDC units that have not been privatized, apartments above shops and privatized residential units previously under the Government Housing Scheme for employees were also included in the statistics.

For residential units, the dataset was broken out by type of structure (detached, semi-detached, terrace, apartment, condo) from 1993 to 2016, but in 2017 was changed to landed/non-landed (with history from 1988).

Yes, when new data becomes available.

Glossary

Available Units: Completed housing units that are available for physical occupation, including both occupied and unoccupied units. Also known as stock.

Building Plan Approval (Private Sector Only): The approval granted by the Commissioner of Building Control in respect of building plans and specifications submitted in accordance with the prescribed building regulations in force.

Vacant Units/Space: Available units/space that are/is not physically occupied.

About the source

The Urban Redevelopment Authority (URA). The URA is Singapore's national land use planning authority. URA prepares long term strategic plans, as well as detailed local area plans, for physical development, and then co-ordinates and guides efforts to bring these plans to reality. Prudent land use planning has enabled Singapore to enjoy strong economic growth and social cohesion, and ensures that sufficient land is safeguarded to support continued economic progress and future development.