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What does the future look like for Singapore’s industrial property market?
What does the future look like for Singapore’s industrial property market?
Analysts say industrial assets could face spillover drag from tariffs.
Hong Kong commercial property investment drops 42% in Q1
Transaction values were only at HK$4 billion during the quarter.
Tokyo average asking rents dip 0.5%
This is for 1F retail units in the city, in H2 2024.
Singapore industrial business park take-up breaches 2024 levels
Net take-up reached 446,000sq ft in Q1.
Singapore Q1 industrial sales volume drops to a 5-year low
There were only 351 transactions during the quarter.
Singapore industrial leasing volume increases by 1.3% in Q1
The number of tenancies reached almost 3,000 during the quarter.
What to expect from Singapore’s retail market in the near term
Orchard rents are expected to increase by 1-2% this year.
Singapore to see over 1.2m sq ft of new retail space by 2028
Major developments are expected to be completed by then.
Singapore retail vacancy rate rises to 6.8% in Q1
The additional 323,000sq ft of new stock took time to be absorbed.
Singapore non-landed private residential rents rebound in Q1
Rents increased by 0.5% QoQ.
These projects contributed to Singapore’s new residential stock growth
The Core Central Region accounted for over half of the new completions.
Unsold inventory accounts for over half of Singapore’s residential pipeline
The current pipeline is 35,364 units.
Singapore residential leasing volume up 4.8% to 20,724 in Q1
The non-landed segment was the key driver of growth.
What does the future look like for Singapore’s residential market?
There are two factors that will continue to drive demand.
Retail vacancy up 0.6% in Q1
New completions increased available retail space.
Which segment in Singapore saw the biggest slowdown in condo prices?
Non-landed home prices in this area only inched up by 0.3%.
Here are Singapore’s new residential launches in Q1 by region
New launches more than doubled YoY to 3,139 units in Q1.
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