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Seletar Mall Singapore

Singapore Investment Volume Could Top S$25B in 2024: Cushman & Wakefield

Seletar Mall Singapore

2024/04/11 by Christopher Caillavet Leave a Comment

Total investment sales in Singapore’s real estate market could surpass S$25 billion ($18.5 billion) this year, up from S$19.2 billion in 2023, amid brighter economic prospects and growing confidence that interest rates have peaked, according to Cushman & Wakefield.

Investment… Read More>>

Total investment sales in Singapore’s real estate market could surpass S$25 billion ($18.5 billion) this year, up from … Read more>>>

Guoco Midtown

Singapore Downtown Office Rents Revived in Q1 to Reach 15-Year High: JLL

Guoco Midtown

2024/04/04 by Christopher Caillavet Leave a Comment

After a brief slump in the second half of 2023, office rents in downtown Singapore jumped 1.3 percent on a quarterly basis in the first three months of 2024 to hit a 15-year high, according to JLL.

Gross effective rents… Read More>>

After a brief slump in the second half of 2023, office rents in downtown Singapore jumped 1.3 percent on a quarterly … Read more>>>

KKR partner Henry H McVey

KKR Partner Says It’s Only Halftime for China’s Housing Market Crisis

KKR partner Henry H McVey

2024/04/04 by Christopher Caillavet Leave a Comment

China’s housing market correction may be just halfway complete, according to KKR partner Henry H McVey.

Rather than a typical correction in which housing reaches a floor as both price and volume collapse, the crisis in Asia’s biggest economy has… Read More>>

China’s housing market correction may be just halfway complete, according to KKR partner Henry H McVey. Rather than a … Read more>>>

Cathie Chung JLL

Central Rents Down 2.4% in February as Hong Kong Office Tenants Give Back More Space

Cathie Chung JLL

2024/04/02 by Christopher Caillavet Leave a Comment

Office rents in Hong Kong’s prime Central district fell 2.4 percent in February from month-earlier levels as tenants citywide gave back more Grade A space than they took up, according to JLL.

The overall market recorded a negative net absorption… Read More>>

Office rents in Hong Kong’s prime Central district fell 2.4 percent in February from month-earlier levels as tenants … Read more>>>

Lim Eng Hwee URA

Singapore Private Home Price Growth Slows to 1.5% as Q1 Sales Dive

Lim Eng Hwee URA

2024/04/01 by Christopher Caillavet Leave a Comment

Singapore’s price index for private residential properties slowed to 1.5 percent growth in the first quarter of 2024 from a 2.8 percent rise in the previous three months, according to the Urban Redevelopment Authority’s flash estimates.

A 20 percent quarterly… Read More>>

Singapore’s price index for private residential properties slowed to 1.5 percent growth in the first quarter of 2024 … Read more>>>

State Support Yet to Revive Buyer Demand as China Home Sales Slump 48% in Q1

2024/04/01 by Kevin He Leave a Comment

China’s housing crisis showed no signs of abating in the first three months of the year, as the value of new home sales by the country’s largest property developers slumped to roughly half the figure from a year earlier.

In… Read More>>

China’s housing crisis showed no signs of abating in the first three months of the year, as the value of new home sales … Read more>>>

The Kimberley Hotel

Hong Kong Hotels Neared Pre-COVID Levels With 93.4% Holiday Occupancy

The Kimberley Hotel

2024/04/01 by Christopher Caillavet Leave a Comment

Hong Kong hotels achieved an average room occupancy rate of 93.4 percent during February’s eight-day Chinese New Year holiday, just 0.4 points below the rate recorded during the same period in 2019 before the COVID-19 pandemic, according to CBRE.

The… Read More>>

Hong Kong hotels achieved an average room occupancy rate of 93.4 percent during February’s eight-day Chinese New Year … Read more>>>

Norry Lee JLL

Mainlanders Buy 70% of Hong Kong Luxury Homes After Cooling Measures End

Norry Lee JLL

2024/03/26 by Christopher Caillavet Leave a Comment

Mainland Chinese buyers account for 70 percent of primary market sales of Hong Kong luxury homes worth at least HK$30 million ($3.8 million) since the removal of cooling measures last month, up from less than 50 percent before the curbs… Read More>>

Mainland Chinese buyers account for 70 percent of primary market sales of Hong Kong luxury homes worth at least HK$30 … Read more>>>

Jack Bergin JLL

Rebound in Cross-Border Education Attracting Capital to Aussie Student Housing

Jack Bergin JLL

2024/03/18 by Christopher Caillavet Leave a Comment

International students in Australia have surpassed their pre-COVID numbers, delivering a boost to purpose-built student housing and driving a reallocation of capital into the sector, according to JLL.

Last year saw the number of international students exceed the previous 2019… Read More>>

International students in Australia have surpassed their pre-COVID numbers, delivering a boost to purpose-built student … Read more>>>

URA chief executive officer Lim Eng Hwee

Singapore February Home Sales Down 66% Amid Project Vacuum

URA chief executive officer Lim Eng Hwee

2024/03/16 by Christopher Caillavet Leave a Comment

New private home sales in Singapore fell 65.6 percent year-on-year in February in the absence of new projects, according to data released by the Urban Redevelopment Authority on Friday.

The monthly sales tally of 149 homes (excluding executive condos) was… Read More>>

New private home sales in Singapore fell 65.6 percent year-on-year in February in the absence of new projects, according … Read more>>>

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