News

Island East recorded the biggest decline.

This reflects a 6.8% decline compared to Q2 2021.

Here are the recent landmark transactions in regional markets.

The retail real estate market is set to benefit from the return of medical tourism. 

Nearly 10% of all Grade A office occupiers downsized in the last three years.

And average asking rents in the C5W submarket rose 1.5%.

Non-IT spaces are set to dominate the market.

The supply is set to reach 69MW.

These are from eight properties currently under construction.

Completions only totalled 71,200sqm over the past 12 months.

Launches increased 192% to 3,044 units during the quarter.

Rents inched up 1.1% in Q2 2022.

The luxury segment will account for over half of this new supply.

It contracted by 72.8bps q-o-q, signalling an improvement in leasing demand.

The hotels will add 1,031 rooms to the market.

Leasing demand is back to pre-pandemic levels.