Chart of the Day
Singapore's capital value growth weakens amidst new launch scarcity
It ranked 23rd globally for strongest residential capital growth.
Singapore's capital value growth weakens amidst new launch scarcity
It ranked 23rd globally for strongest residential capital growth.
Singapore leads Asia Pacific with a 10.8% YoY rise in logistics rents
Knight Frank attributed the growth to the nation's strong manufacturing.
Expert cuts shophouse sales forecast to $700m-$800m for 2024
The previous projection was $1.1b-$1.2b.
Office rental growth to slow as firms downsize and competition rises
Colliers expect full-year rental growth of 2.0%
HDB rental market may face a downturn in H2
Leasing volumes to fall to 36,500–38,000 units in 2024.
Landed home price growth slows to 1.9% in Q2 2024
For the year, prices will not see more than 6% gains.
Singapore’s real estate to outperform in cross-border investments
Knight Frank expects Singapore to account for 11% of cross-border capital trade in 2024.
Health benefits crucial for attracting new talent
It is also a highly valued EVP for existing employees.
Rising living costs and job insecurity keep employees in old roles
Seven in 10 employees stay in outgrown roles over a year.
Low Q2 shophouse transactions not reflective of market interest
In Q2, sales fell 30.4% QoQ and 66.0% YoY.
GLS tenders boost property investments to $6.5b in Q2
Investments rose 64.1% QoQ and 71.1% YoY.
Singapore ranks 38th globally for most breached accounts
It accounts for 0.2% of global incidents.
New home sales rise 2.2% in June despite lack of new project launches
Year-on-year, sales fell 18%.
Workers seek financial wellness, prompting employer support
One in three seek financial wellness workshops from employers.
Prime office market see lower vacancy rates in Q2 2024
Vacancy tightened to 2.3%.
Wealth inequality in Singapore surpasses other APAC nations
Inequality rose by 22.9% between 2008-2023.
Hotel ADRs to outperform in 2024 with packed event calendar
April 2024 year-to-date Average Daily Rates was $288.