JLL

JLL is a leading professional services firm that specializes in real estate and investment management. JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021.

Industrial vacancy rose 8.8% YTD

Occupiers remain cost-conscious amidst global uncertainties.

Retail vacancy drops 1.5% YTD: JLL

Vacancy rates remained stable despite weaker space demand.

Office rents remain flat in Q1 with modest growth trend

Q1 marked the fourth consecutive quarter of marginal growth below 1%.

Employers and developers refurbish offices to boost attendance

Over 2 in 5 employers plan to increase investment in building refurbishment.

More buildings must have lactation rooms in Q2

Installing a lactation room in Singapore will cost $20,000 to $40,000.

Ching Shine Industrial Building for collective sale at $113m

The freehold industrial property consists of 52 strata units.

More launches, lower rates to drive 2025 housing market

Analysts are expecting between 8,000 to 14,000 units to be launched this year.

Singapore leads APAC data center investments as AI drives demand

APAC data center investment volumes reached $3.7b in YTD Q3 2024.

Singapore leads APAC in life sciences investments

Amongst notable deals in 9M24 is the US$206m acquisition of Ho Bee Land’s Elementum.

COTD: Industrial lease renewals rise in Q3 as cost concerns limit relocations

The average islandwide logistics/warehouse rent held steady with expected growth in 2025.

Tourism outlook and expansions boost Singapore's retail property market 

In Q3 2024, the island-wide retail vacancy rate fell to its lowest level since Q3 2012.

High interest rates, economic conditions impact office demand

Still, a recovery in 2025 is anticipated as the global economy improves.

Singapore’s factory, retail spaces shine as housing heads for worst in 16 years

Its manufacturing and tourism rebound will spur demand for industrial and high-street shops.