News
COMMERCIAL PROPERTY | Staff Reporter, Singapore
view(s)

Daily Briefing: Office vacancy rate could hit 10-year high; Singapore at a structural tipping point

And 79% of young couples will consider a smart home.

The vacancy rate in Singapore’s office real estate market is forecasted to rise further and could reach its highest level in more than ten years, revealed a Reuters report citing market experts. Read more here.

Growth in one of Asia's most prominent economies has reached "a structural tipping point," according to rating agency Moody's, and it remains to be seen how successful government efforts will be in reversing the slowdown. No, it's not China but tiny Singapore. Gross domestic product (GDP) in the financial hub has more than halved over the past five years. Find out more here.

Around 79 percent of young couples in Singapore will consider living in an executive condominium (EC) enabled with smart technologies, according to results from an online survey carried out earlier this year by Qingjian Realty. The study polled 100 respondents between 20 to 40 years old, to measure their attitudes towards smart living. Read more here.
 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.