Singapore
Retail rents in Singapore’s Orchard Area to grow by 3-4% in 2024
And average rents in the Suburban Area are expected to stay flat.
Retail rents in Singapore’s Orchard Area to grow by 3-4% in 2024
And average rents in the Suburban Area are expected to stay flat.
Singapore strata office sales drop 15.6% to S$437.3 in H1 2024
There were only 154 transactions during this period.
Singapore’s residential market suffers from a “near-term indigestion problem”: analyst
New launches in H2 2024 are 3.5x more than levels seen a year ago.
Singapore suburban area records highest net retail demand in five quarters
Thanks to the healthy pre-commitment rate in Pasir Ris Mall.
Singapore private home launches in Q2 hit record lows since Q4 2022
Launches slumped by 73.3% to 634 units.
Which submarket drove Singapore residential sales in July?
Nearly 80% of the sales came from suburban projects.
Singapore unsold private residential units hit 3-year highs in Q2
20,566 units remain unsold, the highest level since Q1/2021.
Singapore warehouse and logistics rents to increase by up to 3% this year
And rents for multiple-user factory space are expected to grow by up to 2.2%.
Singapore private home launches plummet 71.4% to 616 units in July
Developers hold prices firm as the level of unsold stock remains low.
Singapore private residential stock up 0.4% to 412,002 units in Q2
There were 1,882 newly completed units during the quarter.
Singapore strata industrial sales hit two-year highs in Q2
Sales increased by 42.9% to 513 transactions during the quarter.
Singapore business park vacancy declines after six straight quarters of growth
The vacancy eased to 21.7% in Q2.
Singapore single-user factory Q2 leasing volume at its lowest since 2020
Leasing volume fell by 27.3% YoY to 144 tenancies.
Singapore non-landed residential rents drop for third consecutive quarter in Q2
The rental index dipped by 0.8% QoQ.
3 factors that prove Singapore residential rents are finally stabilising
Rents for 1- to 3-bedroom non-landed units fell 1.4% in Q2.
Singapore shophouse sales to hit up to S$800m in 2024
This is lower than the previous forecast of up to S$1.2 billion.
Singapore private home resale volume reaches two-year high in Q2
There were 3,802 resale homes transacted during the quarter.
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1. APAC office demand surges to 2.2m sqm in Q3 2. Singapore private residential vacant stock grows by 18.8% in Q3 3. Hong Kong to see nearly 3,000 new hotel rooms for remainder of 2024 4. Singapore CBD Grade A office demand could remain weak until 2026 5. Australian CBD markets record mixed signals for office demand in Q3Resource Center
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
