
Daily Briefing: Office space demand muted in Q2; Are property auctions good sources of deals?
And are things looking up for equity markets?
New demand for Singapore office space remained muted in the second quarter of the year, with few expansions and more modest space requirements from limited new entrants, as global economic concerns continue to dampen the republic’s business outlook, a recent report from CBRE revealed. According to CBRE, islandwide net absorption stood at -74,741 sq ft in Q2 2016, or its fourth consecutive quarter of contraction. Read more here.
Thinking of buying a property? You can try buying one at an auction. Most property buyers purchase their residences or investment properties via the traditional way, through a real estate agent. Recently, however, it appears that people are turning to an alternative way of buying and selling property, that is, through property auctions. Find out more here.
Mark Matthews, Managing Director and Head of Asia Research at Bank Julius Baer, Singapore, joined Bryan Curtis and Doug Krizner for a chat on the outlook for markets at the moment - first off, are things looking up after the weekend’s U.S. jobs data and Japanese upper house election result. Read more here.