Singapore

Singapore prime retail rents down 5.8% for full-year 2021

Monthly prime retail rents averaged S$25.40 psf in Q4 alone.

Singapore shophouse sales hit an all-time high of S$1.9b in 2021

This whopping transaction value exceeded that of 2019 and 2020 combined.

Singapore real estate investments up 5.3% to S$24.5b for full-year 2021

The residential market dominated the investments especially in Q4.

Singapore prime office rents up 1.5% in Q4 2021

But full-year rents declined 0.3% in 2021.

Singapore Grade A office vacancy rates to go below 4% end-2022

2021 demand was eight times higher than 2020 totals.

Co-working space now makes up 5.5% of Singapore’s CBD Grade A office supply

This could increase significantly this year, especially in decentralised office markets.

Singapore’s 5-year retail supply pipeline from 2021 to 2025 halved

The annual average is only expected to hit 560,000 sq ft.

Bizarre behaviour bared: Why Singapore residential rents flatlined despite falling vacancy rates

There were some other “stranger things” happening from Q1/2016 to Q3/2021.

Singapore non-landed homes’ price growth hits 11-year of 9.9% in 2021

A total of 28,795 units were transacted in 2021, 57.4% more than the previous year.

Singapore multiple-user factory rents up 1.6% in Q4

Majority of the tenancies were for smaller-sized deals from SMEs.

Singapore Grade A office rents grew 4.2% in 2021

JLL expects rents to grow twice as fast this year.

Singapore records strongest home price hike in a decade

Private residential prices increased 5% in Q4 2021.

Singapore HDB resale prices soar 12.5% in full-year 2021

This is the highest annual growth rate since 2011.