Q2 commercial property sentiment moderates: poll

REAL estate investor and occupier sentiments in Singapore's commercial property market have fallen slightly from the previous quarter although both remain positive, according to a survey conducted by the Royal Institution of Chartered Surveyors (RICS).

The RICS Global Commercial Property Survey Singapore Report, which compiles the market opinion of chartered surveyors in the region, recorded a decrease in the local Occupier Sentiment Index for Q2 2014. The index takes into account occupier demand, level of inducements and rent expectations.

The number of respondents expecting a positive outlook fell from 27 per cent more in Q1 to 11 per cent more in Q2, leaving the index still in positive territory.