News

CBD Grade A vacancy rates to hit 5.6% in 2023

Cushman & Wakefield said net supply will outpace net demand this year.

10 trends shaping the way Singaporeans consume food

Interest in healthy diets and alternative proteins has increased amongst Singaporeans.

The best is yet to come for SG's hospitality market: C&W

In April, Revenue Per Available Room (RevPAR) reached a historical high of $212 per night.

Sales of prestige landed homes rise 33.2% HoH in 1H23

There were 57 deals in the first half of the year.

Private residential prices to 'trade sideways' for the next 1-2 quarters

Prices dropped for the first time in three years in 1Q23, falling 0.4% QoQ.

Remote work is still popular amongst job hunters in May

Interest in remote work is still elevated with 3.5% of searches.

Stock market booked net institutional outflows of $2.66b in H1

The net institutional outflows were led by Financial Services and REITs.

New requirements published for DPT service providers

It will mitigate the risk of loss or misuse of customers’ assets.

Demand for life science sustains as supply remains tight

Vacancy rates at Bipolis is at 4% in Q2 2023.

Suburban prime retail market seen to rise by 1.5%-3.5%

This is due to hybrid work and consumers’ patronage of essential services.

Private residential prices may be at 2% - 5% YoY

This despite the constant implementation of cooling measures.

CBD Grade A office rents seen to grow 2% to 3%

It is underpinned by a sustained flight to quality to limited new supply.

Family offices to push growth of financial wealth in Singapore

There are now 800 family offices in the city, compared to only 100 five years ago.

Credit Agricole CIB Singapore names new senior country officer

His tasks include being group coordinator for Crédit Agricole entities in Singapore