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Leedon Green Singapore

Singapore Private Home Sales Hit Nearly 14-Year Low Amid Launch Lull

Leedon Green Singapore

2023/01/16 by Christopher Caillavet Leave a Comment

Developers sold a mere 170 new private homes in Singapore last month, the lowest monthly tally since 108 units were transacted in January 2009, according to government data released Monday.

The anaemic sales figures, which were updated by the Urban… Read More>>

Developers sold a mere 170 new private homes in Singapore last month, the lowest monthly tally since 108 units were … Read more>>>

Lujiazui Shanghai

Shanghai Saw 74% Plunge in Net Office Take-Up in Q4 as Tenants Pulled Back

Lujiazui Shanghai

2023/01/11 by Greg Isaacson Leave a Comment

Shanghai’s office market continued to struggle in the last quarter of 2022, as the mainland financial hub was battered by COVID-19 chaos and sluggish leasing activity, but the market is poised to bounce back this year amid a broader economic… Read More>>

Shanghai’s office market continued to struggle in the last quarter of 2022, as the mainland financial hub was battered … Read more>>>

Simon Smith of Savills

Hong Kong Strata Industrial Sales Crash 66% in Q4 as Supply Chain Woes Continue

Simon Smith of Savills

2023/01/10 by Greg Isaacson Leave a Comment

Modern warehouse rents in Hong Kong declined 1.5 percent in the fourth quarter of last year as a slumping logistics market weighed on local third-party logistics (3PL) operators, while sales of stratified industrial space plunged 66 percent during the quarter,… Read More>>

Modern warehouse rents in Hong Kong declined 1.5 percent in the fourth quarter of last year as a slumping logistics … Read more>>>

christine sun orangetee

Singapore Housing Market Preps for Return of PRC Buyers 

christine sun orangetee

2023/01/09 by Beatrice Laforga Leave a Comment

In a much-awaited move, China lifted COVID-driven travel restrictions on its citizens on Sunday, with property analysts in Singapore expecting the move to help prop up home sales in the city-state this year as mainlanders turn to the city’s safe… Read More>>

In a much-awaited move, China lifted COVID-driven travel restrictions on its citizens on Sunday, with property analysts … Read more>>>

Store Capital GIC (Getty Images)

Singapore’s GIC Leads Sovereign Funds After Boosting Spending to $40.3B in 2022

Store Capital GIC (Getty Images)

2023/01/03 by Christopher Caillavet Leave a Comment

Singapore’s GIC once again led all sovereign wealth and pension funds with $40.3 billion deployed in 2022, a “very challenging” year in which the state-owned investor segment shrank in terms of asset value for the first time ever, according to… Read More>>

Singapore’s GIC once again led all sovereign wealth and pension funds with $40.3 billion deployed in 2022, a “very … Read more>>>

Lentor-Hills-Residences Singapore

Singapore Home Price Growth Slows to 0.2% in Q4 as Market Cools 

Lentor-Hills-Residences Singapore

2023/01/03 by Beatrice Laforga Leave a Comment

Limited project launches have slowed down home sales and dampened Singapore’s housing market in the fourth quarter, causing prices for new private homes to rise by a mere 0.2 percent from the preceding three months and temper full-year price growth… Read More>>

Limited project launches have slowed down home sales and dampened Singapore’s housing market in the fourth quarter, … Read more>>>

Simon Smith of Savills

Hong Kong Retail Rents Not Likely to Rise More Than 5% in 2023

Simon Smith of Savills

2022/12/30 by Christopher Caillavet Leave a Comment

Investors hoping for a major turnaround in Hong Kong’s retail market in the new year may need to adjust their expectations, with property services firm Savills predicting that currently depressed rents are unlikely to rise by more than 5 percent… Read More>>

Investors hoping for a major turnaround in Hong Kong’s retail market in the new year may need to adjust their … Read more>>>

Guoco Midtown

Singapore Office Rent Growth Doubled in 2022, Set to Slow in New Year

Guoco Midtown

2022/12/26 by Beatrice Laforga Leave a Comment

Grade A office rents in Singapore’s core business districts jumped by 8.3 percent in 2022, more than double last year’s growth rate, as vacancies fell and more employees returned to their desks, according to data from CBRE Research.

CBRE said… Read More>>

Grade A office rents in Singapore’s core business districts jumped by 8.3 percent in 2022, more than double last year’s … Read more>>>

Singapore apartments

Landlord’s Market to Continue in Singapore Residential Leasing

Singapore apartments

2022/12/26 by Christopher Caillavet Leave a Comment

A landlord’s market took hold of Singapore’s residential leasing sector in 2022 and is likely to persist in the new year amid strong leasing demand and tight rental stock, according to PropNex Realty.

Delays in the completion of new condos… Read More>>

A landlord’s market took hold of Singapore’s residential leasing sector in 2022 and is likely to persist in the new year … Read more>>>

Nelson Wong JLL

Hong Kong Office Leasing Pulls Back in November as Vacancy Nears 12%

Nelson Wong JLL

2022/12/22 by Christopher Caillavet Leave a Comment

Hong Kong’s Grade A office market in November saw tenants give back 44,400 square feet (4,125 square metres) more than they took up as leasing activity slowed towards year-end and large spaces became available in some submarkets, according to JLL.

… Read More>>

Hong Kong’s Grade A office market in November saw tenants give back 44,400 square feet (4,125 square metres) more than … Read more>>>

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