Chart of the Day
Mortgagee listings fall 29% QoQ to 22 in 1Q24
The residential sector accounted for the majority of the listings
1 day ago
Mortgagee listings fall 29% QoQ to 22 in 1Q24
The residential sector accounted for the majority of the listings
1 day ago
Auction listings drop 9.1% QoQ in 1Q24
There were 90 listings in the first quarter of 2024.
2 days ago
Industrial space rentals climb 1.7% QoQ in 1Q24
Year-on-year, it rose 7.8%.
3 days ago
Expert forecasts continued rise in prime office rents
In 1Q24, Singapore recorded a 3.4% YoY uptick in occupancy cost.
6 days ago
Incoming PM Wong garners broad confidence across all age groups
Gen Zs (41%) and Baby Boomers (43%) hold high expectations for Wong.
2 in 3 Gen Z firms on remote work requirement
The sentiment extends across all age groups.
Support for bans on plastic items strong across various age groups
Most (53%) support banning drinking straws,
Singapore’s 1Q24 deals plummet 21.1% YoY
In the whole of APAC, deal volume declined by 12.2% YoY.
Private home sales struggle, down 5.3% in first quarter
Year-on-year. Sales dropped 3.1%.
Property prospects mixed amidst rising supply
The office market will see a higher supply with a pipeline of 4.76 million square feet.
Stagnant growth plagues Singapore's workspace market
Demand only grew 1% since 2019.
Residential sector dominates 1Q24 investment with $1.79B
The sector's investment sales, however, dropped 48.5% QoQ.
Remote, hybrid work strains manager ties
One in four workers has a poor relationship with their managers.
F&B silver lining in dampened retail leasing market
Leasing sentiment as of 1Q24 is hovering above 40%
Which sector received the most investments in Q124?
Shophouses mainly appealed to high-net-worth investors.
Colliers forecasts slight compression in Singapore's cap rates
Over the past three years, cap rates have remained relatively stable.
Singapore dominates SEA property investments in 2023
The country accounted for 77% of SEA's investment volume.
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