Singapore
Singapore retail rental and price indices rise for second consecutive quarter in Q3
Singapore retail rental and price indices rise for second consecutive quarter in Q3
Retail rental and price indices grew 0.5% and 0.6% in Q3, respectively.
Singapore real estate investments grow 8.5% to SGD7b in Q3
Thanks to a few Government Land Sales deals.
Signs that Singapore is finally achieving balance in residential supply and demand
Home prices are showing signs of stabilisation, inching up 0.8% in Q3.
Singapore office rental index jumps 4.9% in Q3
Rents have now grown by 12.8% in the first nine months of the year.
Singapore private non-landed residential rents could rise by up to 10%: Savills
Rents have already increased by 7% year-to-date.
Singapore’s 2023 total investment sales to fall short of S$25b forecast
The projection dropped 20% to S$19 to S$20 billion.
Singapore’s hospitality sector closes first ever investment deal of the year in Q3
It’s a deal worth over S$500m for the sale of PARKROYAL on Kitchener Road.
Singapore office rents to decline by up to 3% in 2024
Rents are expected to soften as supply surges from both CBD and non-CBD areas.
Singapore’s biggest commercial real estate transaction in Q3 revealed
It was a deal worth S$908.0 million.
This sector accounted for almost half of Singapore’s property investments in Q3
The total investment volume in this sector reached S$3.43b during the quarter.
Singapore real estate investments hit over S$7b in Q3
This is double the investment levels in the previous quarter.
Singapore Grade A office vacancy hits record highs since Q1 2022
The vacancy rate reached 7.1% in Q3 2023.
Singapore office rents grow for the seventh consecutive quarter in Q3
Rents inched up by 0.1% during the quarter.
Why office tenants in Singapore won't relocate until 2025
Right-sizing is a more attractive option whilst they adopt a wait-and-see approach.
Singapore office investment deals hit over S$160m in Q3
The number of transactions declined from 11 in Q2 to just 6 in Q3.
Singapore real estate investment sales to hit S$18 to S$20b this year
This is adjusted from the previous projection of S$20-S$22b.
Outbound Singapore investments drop 62% to S$2.7b in Q3
Blame it on rising interest rates and market uncertainties.
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