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Office rental growth to slow as firms downsize and competition rises
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.
High-end rents rise 3% whilst mid-market rents decline
Affluent local families drove the High-end rent increase.
Hotel ADRs to outperform in 2024 with packed event calendar
April 2024 year-to-date Average Daily Rates was $288.
Singapore tops SEA fintech funding in H1 with US$518M
The city accounts for 58% of SEA's total funds raised.
Power constraints keep Singapore's data centre vacancy rate at 1%
The country only has 7.2 MW of available capacity.
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