Singapore
CBD Grade A vacancy rates to hit 5.6% in 2023
CBD Grade A vacancy rates to hit 5.6% in 2023
Cushman & Wakefield said net supply will outpace net demand this year.
10 trends shaping the way Singaporeans consume food
Interest in healthy diets and alternative proteins has increased amongst Singaporeans.
The best is yet to come for SG's hospitality market: C&W
In April, Revenue Per Available Room (RevPAR) reached a historical high of $212 per night.
Sales of prestige landed homes rise 33.2% HoH in 1H23
There were 57 deals in the first half of the year.
Private residential prices to 'trade sideways' for the next 1-2 quarters
Prices dropped for the first time in three years in 1Q23, falling 0.4% QoQ.
Remote work is still popular amongst job hunters in May
Interest in remote work is still elevated with 3.5% of searches.
Stock market booked net institutional outflows of $2.66b in H1
The net institutional outflows were led by Financial Services and REITs.
New requirements published for DPT service providers
It will mitigate the risk of loss or misuse of customers’ assets.
Daily Markets Briefing: STI up 0.06%; Singapore Airlines is most active stock
Singapore Airlines was at 2.52% up.
Siemens Mobility elevates CBTC system for Singapore’s longest fully-underground MRT line
Michel Obadia, CEO of Siemens Mobility APAC, said the company is ready to mobilise its technology in the Cross Island Line.
Good Class Bungalow market marks slowest half-year performance since 1H20
Only eight GCBs were sold from January to June.
Demand for life science sustains as supply remains tight
Vacancy rates at Bipolis is at 4% in Q2 2023.
Suburban prime retail market seen to rise by 1.5%-3.5%
This is due to hybrid work and consumers’ patronage of essential services.
Private residential prices may be at 2% - 5% YoY
This despite the constant implementation of cooling measures.
CBD Grade A office rents seen to grow 2% to 3%
It is underpinned by a sustained flight to quality to limited new supply.
Family offices to push growth of financial wealth in Singapore
There are now 800 family offices in the city, compared to only 100 five years ago.
Credit Agricole CIB Singapore names new senior country officer
His tasks include being group coordinator for Crédit Agricole entities in Singapore
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