With COVID-19 expected to persist through 2020 or beyond, real estate across all market segments in Singapore have weakened in response to the economic fallout.
Singapore-based real estate consultant Edmund Tie is reporting this week that in 2018, the price gap between new and resale private homes stood at a considerable 35%.
U.S. net-lease investment reached record highs in 2019, with investors increasingly attracted to opportunities in high-growth secondary and tertiary markets.
International property consultant CBRE is reporting this week that global commercial real estate investment volume in Q4 of 2019, including entity-level deals, was nearly level (-0.5%) with Q4 2018, while full-year volume fell by 2% from 2018.
A muted domestic economy, ongoing trade wars and other geopolitical tensions were all contributors to declining home sales in Singapore in 2019.
According to global real estate consultant Knight Frank, home prices across 56 countries and territories worldwide are rising at an annual rate of 3.7% on average. This marks the index's slowest rate of growth for over six years.
With capital growth in most prime residential markets around the world shrinking in 2019, the global economic landscape looks markedly different from that a year ago.
Singapore's non-landed private residential sales continued to grow for the second consecutive quarter, with new sales in Q3 2019 reaching 3,198 units, up 49.2 per cent from Q2 2019.
According to new report from CBRE, global commercial real estate investment volume, including entity-level deals, rose by 7% quarter-over-quarter but fell by 2% year-over-year in Q3 2019.
Global real estate consultant JLL is reporting that several cities in Asia are emerging as competitive real estate markets.
According to new research by global property consultant JLL, Singaporean real estate investors have emerged Asia Pacific's number one source of outbound capital in the first half of 2019, and their overseas deals are growing in scale and complexity.
Global real estate consultant JLL is reporting this week that after a bumpy 2018, investment in global commercial real estate cooled in the first half of 2019 with year-on-year volumes dropping by 9% to $341 billion.
According to new research by global real estate consultant JLL, smart city initiatives in Asia Pacific will not reach their potential if they focus on delivering cutting-edge technologies without paying enough attention to the needs and experiences of citizens.
Rising cost of leasing prime office space accelerated across the globe due to continued economic growth, job gains and limited availability of prime space in certain markets.
Co-living market is taking off in Asia Pacific as more people migrate to cities for jobs or education opportunities. This is opening up new opportunities for real estate developers and investors around the region.
In 2018, flexible workspace centre supply in Kuala Lumpur grew by 36%, making it the fastest growing key city in the APAC region, outpacing fast-growing markets in Gurugram, Chennai, Brisbane, Hong Kong, Sydney and Singapore.
According to Knight Frank's latest Global Outlook Report, Hong Kong will retain its title as the world's most expensive office market despite rents being forecast to decrease in 2019.
Global commercial real estate consultant JLL is reporting this week that Asia Pacific's overall real estate transaction volumes in 2019 are expected to rise by five per cent, though the pace of growth momentum will slow down.