Singapore
Is Singapore’s residential leasing market finally stabilising?
Is Singapore’s residential leasing market finally stabilising?
Private home rents fell for the third straight quarter in Q2.
Singapore new private home launches plunge to a half-year low of 1,938 units in H1 2024
Launches slumped 73.3% to 634 units in Q2 alone.
Singapore unsold private residential inventory remains below 5-year pre-covid quarterly average
The unsold stock grew by 15.8% YoY to 20,758 units in Q2.
Singapore private home price growth slows for second consecutive quarter in Q2
Private residential price index rose by 0.9% QoQ.
What to expect from Singapore’s office leasing market for the rest of 2024
Savills revised its rental forecast to -1% to +1% for the year.
Singapore CBD Grade A office rents rise for 10th straight quarter in Q2
Rents increased by 0.4% YoY during the quarter.
Singapore Grade A office vacancy rate increases to 6% in Q2
It’s the first increase after two straight quarters of declines.
Singapore private home sales to hit 14,000 to 16,000 units this year
It’s down from the initial forecast of up to 18,000.
Rental growth in Singapore’s core CBD premium office segment to slow in H2 2024
Well-informed tenants are expected to leverage the increasing competition.
Singapore non-landed residential sales drop 6.3% to 3,694 units in Q2
This marks the fourth straight quarter of decline.
Why building mall identity is becoming increasingly crucial in Singapore
Shopping malls now have similar concepts and trade-mixes, creating a homogenous experience for consumers.
Singapore new home sales hit lowest half-year mark in 24 years
Sales dropped by 43.4% YoY to 1,916 units in H1 2024.
Singapore prime retail rents up 1.5% in H1 2024
Retail rents grew by 3.8% in Q2 alone.
Singapore real estate investment sales to hit up to S$25b this year
Investments are expected to gain momentum in H2 2024.
Hotel investments lag despite operational improvements
Interest rates continue to slow transaction activity.
Singapore cross-border investments drop 34% to S$3.7b in Q2
Global investors are adopting a wait-and-see approach.
Singapore property investment sales soar 63% to S$6.4b in Q2
Residential deals accounted for the majority of the investment activity.