Industrial activity was observed to be relatively robust as strata sales and vacancy rates improve gradually but uncertainties remain accoring to Savills Singapore.
'Marginal' rental declines across Singapore residential leasing market during second quarter - report
New research from Savills has shown that although weaker demand has put downward pressures on rents in Singapore, not all landlords, especially those of high-end properties, are under heavy pressure to lease their units at heavily discounted rents.
Savills Research has undertaken an in-depth analysis of emerging themes among cities, examining them for resilience, those challenging today’s order and growing mega-regions.
Monaco holds onto top spot with Hong Kong and Tokyo close behind
Savills Research reports that Monaco has the highest property prices per square metre in the world while only occupying a space smaller than New York’s Central Park. Monaco is home to 38,000 inhabitants from 139 different countries.
With the rise of satellite cities such as BSD propping up across Jabodetabek, the potential for Sentul to join this list and become a recognized satellite city is there for the taking.
Jakarta doesn't have a comprehensive transport plan and the cost to the economy is huge.The price tag is estimated in the billions of dollars every year in lost time, fuel and health. On top of this the city's traffic was ranked the unenviable title of the world's worst for 2015.
