Singapore Property Classifieds Market Size- By Business Model, By Rent and Sale, By Revenue Sources- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Singapore Property Classifieds Market Overview
According to SPER Market Research, the Singapore Property Classifieds Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%. Property classifieds are one method used by buyers and sellers to interact in Singapore's thriving real estate market. Online or printed listings of properties that are up for sale, hire, or lease is referred to as property classifieds. Property classifieds in Singapore can typically be located on websites like PropertyGuru, 99.co, and SRX. These websites enable users to look for properties based on a variety of factors, including location, cost, sort of property, and more. Additionally, you can find real estate ads in magazines, newspapers, and other media.
Impact of COVID-19 on the Singapore Property Classifieds MarketThe COVID-19 pandemic has had a significant impact on the Singapore property market, including the classified market. The pandemic has led to a decline in demand for rental properties, as many people have left the country because of travel restrictions and economic uncertainty. This has led to a drop in rents and an increase in vacancy rates. As a result of safe distance guidelines and limitations on in-person property viewings, more people are using virtual tours and online classifieds to look at properties.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Business Model, By Rent and Sale, By Revenue Sources.
Regions covered Central Region, East Region, North Region, North-East Region, and West Region
Companies Covered 99.co, Carousell, EdgeProperty, Greyloft, MetroResidences, Mogul, OhmyHome, Property Guru Group, Propseller, SRX Property, STProperty.
Singapore Property Classifieds Market Segmentation:
By Business Model: Based on the Business Model, Singapore Property Classifieds Market is segmented as; Listings and Classifieds, Aggregators and Co-Living
By Rent and Sale: Based on the Rent and Sale, Singapore Property Classifieds Market is segmented as; Sale, Rent
By Revenue Sources: Based on the Revenue Sources, Singapore Property Classifieds Market is segmented as; Fee for Listings (Include Subscription Packages and Commission), Advertisements