According to Savills Research, private residential leasing in Singapore surged 24.4% in Q3 2024, led by seasonal factors and corporate relocations, says Alan Cheong, Executive Director, Research & Consultancy, Savills Singapore.
Singapore’s retail vacancy hits 10-year low as prime rents rise – Savills
According to Savills Research, Singapore's retail vacancy rate has decreased slightly to 6.5% in Q3 2024, the lowest level in 10 years, says Alan Cheong, Executive Director, Research & Consultancy, Savills Singapore.
Savill’s Singapore Investment Sales & Capital Markets closes S$1.047 billion in deals
Savills Singapore's Investment Sales & Capital Markets team has achieved S$1.047 billion in sales year-to-date, marking a 169% increase compared to the same period in 2023, says Jeremy Lake, Managing Director, Investment Sales & Capital Markets, Savills Singapore.
According to Savills Research, Q2 2024 retail vacancy rate decreased marginally to 6.6% with Orchard Area rents rose slightly by 0.6% to S$23.00 psf, while Suburban Area rents stayed unchanged at S$14.70 psf.
Global industrial and logistics’s transactions rebounding higher post-Covid - Savills
Global industrial and logistics transactional activity is rebounding post-Covid-19, with $41.5 billion raised globally in H1 2024, a 30% increase over the pre-Covid-19 average despite a 16% decline compared to H1 2023, according to Savills.
Singapore private residential rents up - vacancy down - Savills
According to Savills Research, the private residential leasing market in Singapore saw a 3.1% year-on-year increase in volume, with a 1.7% quarterly rise in Q2 2024. Vacancy rates also improved, dropping to 6.1% in Q2.
Strata industrial sales in Singapore surged by 42.9% QoQ in Q2 2024 - Savills
According to Savills Research, strata industrial sales activity highest level in almost two years driven by bulk sales of multiple-user factory and warehouse spaces. The occupancy rates for older business parks remain under pressure, says Alan Cheong, Executive Director, Research &...
