Savills

Uncertainty over hiring, relocation clouds outlook for Singapore rentals after brisk Q3: Savills

Q3 jump in leasing activity may be masking underlying weakness as expat inflows contract

Neil Brookes, executive managing director for Apac capital markets at Savills, brings over 20 years of experience advising private wealth, sovereign wealth funds, private equity firms and global institutions.

Savills appoints Neil Brookes as new executive managing director, Apac capital markets

The move reaffirms Singapore’s role as the company’s Asia-Pacific base

Cushman & Wakefield and Savills have been appointed to market The Clementi Mall, which has a five-storey retail podium and a basement level, with around 160 shops.

Cuscaden Peak to put The Clementi Mall up for sale at around S$750 million

The price tag is around 15% higher than its latest valuation of S$645 million

The private residential sector had one successful collective sale in Q1 – River Valley Apartments was sold for S$56 million.

Savills Singapore cuts 2025 investment sales value forecast on US tariffs impact

Industrial investment value falls 90.3% on lower activity from S-Reits, lacklustre response to IGLS tenders

The supply boom from the upcoming Punggol Digital District (above) and the redevelopment of 1 and 7 Science Park Drive could potentially put further pressure on rents and occupancy, particularly for older developments, said Savills.

Singapore business parks hit by highest vacancy in 14 years: Savills

The overall market sentiment for the segment remains lukewarm

Singapore had an annual net effective cost of US$146.07 per square foot for occupiers, ranking seventh across the globe in a Savills study.

Singapore 7th most expensive market for prime offices: Savills

Prime office spaces in the city-state have a price premium of 21 per cent over the broader Grade A market, the study shows

Cities that scored higher in the ranking should be better prepared to deal with the physical risks of extreme heat and the impact on their inhabitants, says Savills.

Singapore ranks 19th in index tracking heat resilience in cities

The new Savills Heat Resilience Index looks at 30 global cities in its ranking

A traditional favourite for overseas homes among Singaporeans is London. Pictured is Television Centre in White City, West London.
PROPERTY

Looking for your second property abroad: Possibilities and pitfalls

It’s worth considering an offshore property, but be sure to do due diligence 

Delfi Orchard sits on a 20,264 sq ft site along Orchard Road zoned for commercial use, with height control of up to 20 storeys.

CDL buys Delfi Orchard in en bloc deal for S$439 million

The group already owns over 80 per cent of Delfi Orchard’s units

Owners of the 23 apartments in Delfi Orchard stand to pocket between S$2.2 million and S$4.6 million each.

Delfi Orchard up for collective sale at S$438 million guide price 

DELFI Orchard, a 40-year-old strata-titled building that is majority held by City Developments Ltd (CDL), is up for collective sale at a S$438 million guide price.