Singapore
Singapore industrial sector troubled by supply-demand imbalance
Singapore industrial sector troubled by supply-demand imbalance
There is an average annual supply of over 1 million sqm until 2026.
Singapore to see record levels of new warehouse supply in 2025
Nearly 1 million sqm of new supply is expected to come onstream, the highest since 2017.
Singapore business park rents slip by 0.1% in Q2
This is a significant slowdown from the 2.1% growth in Q1.
Singapore multiple-user factory rents up 7.3% in Q2
Meanwhile, single-user factory rents grew by 6.2%.
Singapore industrial rents rise for fifteenth consecutive quarter in Q2
The all-industrial rental index increased by 1.0% during the quarter.
Singapore prime retail rents to grow by up to 2.5% in 2024
Firm occupier demand is expected to drive vacancy rates lower for the rest of the year.
Singapore private home prices to increase by 3-4% this year
Prices rose by 2.3% in the first half of 2024.
Singapore office rental index breaches peak last seen in 2008
The rental index rebounded 3.1% in Q2.
Singapore retail vacancy dips to 6.6% in Q2
Thanks to robust occupier demand during the quarter.
Is Singapore’s residential leasing market finally stabilising?
Private home rents fell for the third straight quarter in Q2.
Singapore new private home launches plunge to a half-year low of 1,938 units in H1 2024
Launches slumped 73.3% to 634 units in Q2 alone.
Singapore unsold private residential inventory remains below 5-year pre-covid quarterly average
The unsold stock grew by 15.8% YoY to 20,758 units in Q2.
Singapore private home price growth slows for second consecutive quarter in Q2
Private residential price index rose by 0.9% QoQ.
What to expect from Singapore’s office leasing market for the rest of 2024
Savills revised its rental forecast to -1% to +1% for the year.
Singapore CBD Grade A office rents rise for 10th straight quarter in Q2
Rents increased by 0.4% YoY during the quarter.
Singapore Grade A office vacancy rate increases to 6% in Q2
It’s the first increase after two straight quarters of declines.
Singapore private home sales to hit 14,000 to 16,000 units this year
It’s down from the initial forecast of up to 18,000.