Is it profitable to do Airbnb in Singapore, Singapore?
What is the occupancy rate of Airbnb in Singapore, Singapore?
What is the average daily rate of Airbnb in Singapore, Singapore?
Singapore / Singapore
Singapore, Airbnb Market Statistics & Data, Singapore
A typical short-term rental listing in Singapore is booked for 193 nights a year, with a median occupancy rate of 53% and an average daily rate of SGD221. In 2023, a typical host income (annual revenue) was SGD42K. As of 12th September, 2024, there are 1,224 active Airbnb listings.
Average Revenue: SGD42K/yr
Occupancy Rate
53%
Avg Daily Rate
SGD221
Mid Scale
No. of Listings
2,887
Medium
YoY Revenue Change
-0.82%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
SGD3,152
Average
SGD3,773
High
SGD5,202
Is Airbnb Profitable in Singapore?
Yes, there is good short-term rental demand. A 53% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Singapore
Short-term rental regulation is lenient in Singapore. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Singapore
A typical listing recorded a 53% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 77.28% of the guests are international guests, and visitors from Singapore is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 53%
1,224 Active Listings
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Explore Singapore's Airbnb Data ⟶
Best Areas in Singapore for Airbnb
Are you wondering where to invest in Singapore? Look no further!
- Marina Bay Sands
- Gardens by the Bay
- Sentosa Island
- Singapore Botanic Gardens
- Merlion Park
- Chinatown
- Little India
- Orchard Road
- Clarke Quay
- Universal Studios Singapore
Top demand Airbnb in Singapore
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,224 listings.
See 1,224 listing Statistics
Professional Short-term rental property managers in Singapore
We've compiled a list of host profiles that manage the most Airbnb properties in Singapore. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Singapore
Here is a breakdown of short-let properties in Singapore. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
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By Channel Type