The Business Times

Alan Cheong

SAVILLS SINGAPORE’S EXECUTIVE DIRECTOR OF RESEARCH AND CONSULTANCY

Rightsizing to rent less office space would normally mean paying higher rents per square foot, but tenants are expected to take a harder line during lease negotiations, reining in that increase.

Hybrid, flexible working set to curb Singapore office usage and rents

Meanwhile, tenants’ environmental, social and governance concerns will drive the repurposing of properties and move more occupiers to rightsize

As companies continue building resilience in the supply chain, greater use of technology and adoption of automation will be accelerated, with a larger concentration of activity in the modern logistics space sub-sector to be expected.
PROPERTY 2023

What to watch in Singapore’s industrial and logistics space this year

Rents will rise in 2023, given inflation as well as strong demand for logistics and food factory space

In Q2 2022 and for the period July and August 2022, the percentage of foreign buyers of non-landed properties in the CCR was 12.3 per cent and 11.9 per cent respectively, according to Savills. The highest percentage recorded in 2021 was 10.2 per cent.
PROPERTY 2022

Luxury non-landed private residential market returns to a world without borders

When the additional buyer’s stamp duty (ABSD) for foreigners was raised from 20 per cent to 30 per cent on Dec 16,...

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More