Singapore
See how Singapore’s flex space market is recovering from the pandemic
See how Singapore’s flex space market is recovering from the pandemic
Flex workspaces now have average occupancy rates of 80-90%.
Here are key factors that will affect Singapore’s retail recovery
Growth is expected to slow for the rest of the year until 2023.
Singapore industrial leasing volume down 6.3% to 3,209 tenancies in Q3
Single-user factory leases are down 21.2%.
These are the successful owner sale auction listings in Singapore in Q3
A property was sold for S$3.6m, 20.8% higher than its opening price.
Singapore strata industrial sales drop 15.7% to 452 transactions in Q3
But prices still trended up during the quarter.
Business park the only industrial segment in Singapore to improve occupancy in Q3
The vacancy rate eased by 0.1ppt to 14.8%.
Singapore private home sales drop to 2-year low of 312 units in October
It’s the lowest since 277 units were sold back in April 2020.
Singapore property investment drops 30% to USD3.7b in Q3
The total investment year-to-date is now at USD16.7b.
Singapore records highest number of industrial tenancies in a year
Industrial leases grew 7.5% to 2,451 in Q3.
Singapore mortgagee sale listings drop to just 28 in Q3
This represents a 44% decline from the previous quarter.
Singapore HDB rents up 7.5% in Q3
This is a new record for the rental levels.
Singapore private home prices mark 10th consecutive quarter of growth in Q3
Overall private residential prices grew 3.8% QOQ in Q3 2022.
Singapore auction listings up 11% to 131 in Q3
Retail and shophouse listings were the primary growth contributors this quarter.
Singapore’s office takeup forecast to double in 2022
Thanks to robust positive net absorption in the third quarter.
Singapore CBD Grade A office net demand at an all-time high since 2019
Net demand hit 580,000 sq ft in Q3 2022.
Why demand for factory space is easing in Singapore
Industrial sales declined 12.2% to S$773.1m in Q3.
Cooling down Singapore’s HDB market as flat prices ‘overheat’ to a million
Slow down in price growth may be felt by the fourth quarter of the year, OrangeTee said.
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1. Singapore CBD Grade A office rents rise for fourth straight quarter in Q1 2. Kuala Lumpur office vacancy rate amongst the highest in APAC at 24.6% in Q1 3. APAC cross-border real estate investment more than doubles to US$9.5b in Q1 4. Singapore HDB resale price growth slows to 1.6% in Q1 5. Hong Kong residential sales surge 68% to 5,367 in MarchResource Center
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