Singapore
What was the largest strata retail deal in Singapore in H1 2024?
Singapore strata retail sales dropped 32.1% to S$215.5m during the period.
Singapore strata office transactions to hit S$1B in 2024
The market has had stable transaction volumes over the past year.
Singapore new retail supply to hit 783,000sq ft this year
The annual new completions for 2025 to 2027 are expected to remain below 2024 totals.
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.
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