Singapore

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. 

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.

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.

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.