Singapore

Rents increased 2.4% in Q1.

Savills provides a short narrative to explain the phenomenon.

Private home prices increased 3.1% in Q1, thanks to a 6.7% hike in landed property prices.

Analysts revised up pricing outlook as the probability of cooling measures wanes.

New launches increased 18.1% to 3,716 units, driving healthy sales figures.

New private home launches fell from 1,038 units in April to just 514 units in May. 

Rents of non-landed homes in this region increased 2.9%.

The leasing volume was up 8.7% to  23,567 year-on-year.

There is increasing demand from WFH locals who want their own confined space.

Transactions fell from 2,340 in April to 1,966 in May.

Despite the challenges, Drew & Napier’s Director and Co-Head for Real Estate still believe that the industry is and has always been an exciting area to work in.

Taiwan, Singapore, and Australia saw a spike in business park transactions in Q1.

The flats in Bukit Merah and Geylang could see strong demand but applicants will have to wait for longer.

This two-hour digital conference will happen on 8 June 2021.

Condos sold above S$2,000 psf accounted for 55.4% of sales in April this year.

These are necessary to understand the changes needed in the workplace.