Singapore
Nearly 13,000 Singapore HDB flats up for grabs in Q4
Around 6,800 units will be launched in October.
New supply of business parks in Singapore to drop to 818,000 sq ft in 2025
This is a massive decline from the new supply of 3.3 million sq ft GFA projected for 2024.
Singapore business park vacancy hits record highs since 2014
The vacancy rate rose to 19.4% in Q2.
Singapore HDB resale prices rise for the 14th consecutive quarter in Q3
Prices grew by 1.2% during the quarter.
Guess which Singapore submarket saw the fastest residential price growth in Q3
Private home prices rose by 0.5% during the quarter.
Singapore shadow office space halved to 0.33m sq ft in Q3
It was at a record high of 0.7m sq ft in Q1 2023.
Singapore core CBD office rents expected to grow by 2% for full year 2023
Grade A office rents have already risen by 1.3% YTD.
Singapore’s prime residential market to see stronger interest from locals
The ABSD rate hike is expected to dampen foreign demand.
Robust demand to drive Singapore retail rents for the remainder of 2023
Thanks to the ongoing tourism recovery.
Two luxury hotels enter the Singapore market in Q2
Over 1,600 more rooms are expected to open in the remainder of the year.
Multiple-user factories drive Singapore’s Q2 industrial leasing volumes
Industrial tenancies grew 6.1% to over 3,200 in Q2.
Singapore Orchard Road rents to rise by up to 6% this year
Meanwhile, suburban retail rents could grow by up to 2%.
3 reasons why demand for Singapore’s prime freehold strata offices should endure
Singapore’s growing pool of family offices and UHNWIs is one.
Singapore home sales plummet 72.1% to 394 units in August
There were over 5,000 units sold in the first eight months of the year.
Singapore’s strata industrial sales finally recover after three consecutive quarters
Sales grew 8.4% to 424 transactions in Q2.
These were the best-selling residential projects in Singapore in August
An EC project sold over 60% of its units during the month.
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