Property 2021 (Sept issue)

The Covid-19 vaccination programmes and gradual resumption of air travel globally may lend further support to Singapore's private residential leasing market.

THE housing market has again taken centre stage in what many have described as a property boom, with homebuyers and investors steadily picking up residential properties of all types.

Should all the likely deals materialise, and coupled with the expected robust demand for shophouses, GCBs and high-end apartments, there is potential for sales this year to inch closer to the pre-pand...

Growth of the flexible-workspace sector and accelerated expansion at technology firms due to the pandemic are among the factors boosting demand for Grade A office space.

Offices will need to be revamped to support new ways of working. More occupiers are also providing satellite offices and on-demand spaces.

Projects currently on the market (Launched January 2019 till August 27, 2021)

It's not, in the long run; a sustainable growth rate for resale prices of public housing should be at most 2 to 3 per cent above inflation, in line with the economy and income growth.

The uptrend in occupancy and rents is expected to be sustained, underpinned by healthy demand on the back of strong manufacturing output.

The perennial interest in these coveted assets and their limited future supply ensure they will maintain a lasting appeal among those who can afford them.