CBRE
CBRE is the global leader in commercial real estate services and investments. With services, insights and data that span every dimension of the industry, theycreate solutions for clients of every size, in every sector and across every geography.
See below for the Latest CBRE News, Analysis, Profit Results, Share Price Information, and Commentary.
Limited supply, back-to-office momentum boost Core CBD Grade A office rents
Grade A office buildings in the CBD saw positive net absorption of 0.11 million sq ft in 3Q23.
August developer sales slump: Is it buyer fatigue or the ghost month effect?
In August, new home sales dropped by 72% YoY.
Why Champion Way site drew more bids than Lentor Central
The land parcels received six and two bids, respectively.
CBRE tops global real estate investment sales in H1
It also held the highest share across the five largest asset classes.
Freehold 5-storey shophouse along Hongkong Street on sale for $47.5m
There will be no ABSD or SSD imposed on the property transaction.
Luxury apartment sales take a hit from ABSD rate hike
In 1H23, luxury apartments’ sales value dropped to $964.67m.
.
The ABSD rate hike in April led to the sales slump in the luxury apartments market.
2-storey warehouse facility on Jalan Ahmad Ibrahim on sale for $50m
The property at 310 Jalan Ahmad Ibrahim has a potential built-up area of 564,761 square feet.
Good Class Bungalow market to stay muted in 2H23: experts
CBRE cited three factors affecting sales of GCBs.
What drove adjustment in land betterment charge rates?
Rates rose for commercial and hospitality properties but declined for residential.
New bill balances bargaining power between tenants and landlord in retail leases
A CBRE expert believes the bill will make SG attractive to new entrants in the market.
New home sales in July reach an all-new-high since 2021
Around 6,500 to 7,500 new private homes will be sold during the year.
Shophouses in Club Street, Yio Chu Kand Road for sale
The submission of expression of interest closes on 20 September, 3 pm.
Strata ground floor unit at Geylang Serai on sale for $8.3m
The 3,207 sq ft property is up for expression of interest until 29 August at 12 noon.
Core CBD Grade A rents to stabilise in 2H23
EDMUND TIE expects a lower rental growth of 0.3% -0.5% for the market in 2023.
Retail rents to see a sustained recovery in 2023
EDMUND TIE expects full-year rental growth of 1%-3% for prime retail spaces.
Private residential price growth to be muted in 2023
Experts forecast a 3%-5% growth in prices for the year.