Bangalore, Manila and Singapore should see firm rent growth over 3-5 years. The impact of COVID-19 for the five major sectors of the Singapore property market can be summed up as: ... COVID-19 should present the opportunity for landlords to radically change their mode of rental collection from one that charges based on a high base rent or gross turnover (GTO), whichever is higher, to a no or low base rent and higher GTO model. 7 Dec 20. Mature Estates and Non-Mature Estates rents increase by 0.6% and 0.8% respectively. Download and access our housing, apartment and office market reports Breaking down by regions, in October 2020, 39.1% of the total volumes are from OCR, 33.1% from RCR and 27.8% from CCR. More properties to be launched. 1. Due to the proximity and interdependency between Singapore and Johor, any decline in … Singapore Retail Market Update Q3 2020 View Report. Find Singapore's latest commercial real estate research reports, trends and insights. Singapore could enter phase 3 by end-2020; social gatherings of 8 people may be allowed. Singapore-based property consultant EDMUND TIE is reporting that 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 triggered by the coronavirus outbreak. This thorough report on the US rental housing market for 2020 and 2021 offers stats, insights, and trends happening as we head toward 2021. Rents. MARKET CONDITIONS AND OUTLOOK. As the global economy begins to recover, how will real estate markets respond? Uncertainty brought on by the COVID-19 pandemic dramatically slowed real estate activity in Q2 2020. Singapore Office Market Update Q3 2020 View Report. Dec 1, 2020 11:57 PM. Business confidence in Brisbane continued to climb for the third consecutive year and is now the highest of the three cities. A brief recap of the numbers and trends in 2019 and the outlook for 2020. Understanding Local Shoppers Online Shopping Behaviors & Expectations During & Post Covid-19 . As trade remains subdued in 2021, we forecast that GDP will recover by 4.1% in 2021, after a 6% slump in 2020. Moderna seeking approval for use of its Covid-19 vaccine in Singapore … … Prime Global Forecast 2021 2021 View Report. B. HDB Rental Market. Wed, Sep 19, 2018 - 4:00 PM . International Market 09 December 2020 Asian Cities 2H/2020. • As market confidence could gradually restore after 3Q2020 in this scenario, Singapore’s property market could see more transactions characterised by a rebound in overall activity beyond the 3Q2020 or 4Q2020. Premium Office Rent Tracker, December 2020 Careers; About us. Singapore’s first-quarter gross domestic product shrank by 2.2% and its full-year forecast has been slashed to a range of -4% to -1%, from an earlier estimate of -0.5% to 1.5%. Based on figures available in early Jan. Home; Research Reports; Singapore Market Outlook 2020 ; Email; Share; Tweet; Share ; Following a decade-low GDP performance in 2019, the Ministry of Trade and Industry reduced its GDP forecast further for Singapore in 2020. RETAIL sales fell for the ninth straight month in October, coming in below market expectations, even as, in a blow to demand outlook, separate government data showed signs of a weaker labour market. 2020 could be a pivotal year for the U.S. commercial real estate industry, with geopolitical, economic and local regulatory issues in keen focus. Retail Property Outlook - 2020. Singapore Industrial Market Update Q3 2020 View Report "Homework" September 2020 View Report. Continued Support for Jobs and Workers. Singapore is gradually lifting social restrictions. Property Insights ; Singapore Property News ; Area ; Buy ; International ; Invest ; Rent ; Sell ; Here are our top five predictions as the Lion City braces for slower economic growth and the possibility of a recession next year. SINGAPORE'S property market has been nothing but resilient in 2019. It also marks a wide analysis of the market focusing on the strengths, threats, weaknesses and opportunities for the global Singapore Retail market growth. October 2020 HDB rents increase 0.7% from September 2020. The number of million-dollar HDB resale deals for 11M 2020 smashed 2018’s record. COVID-19 and the outlook for Singapore’s residential property market in 2020 and beyond 30 Apr 2020 06:30PM (Updated: 07 May 2020 10:57AM) SINGAPORE, 7 April 2020 -- Colliers International (NASDAQ and TSX: CIGI), a global leader in commercial real estate services, has published its latest research report which examines the performance of the Singapore office property market in Q1 2020 and its prospects ahead.. The Covid 19 shutdowns have impacted the rental housing market, yet prices have risen and look to rise further in the face of ongoing rental housing shortages, and a housing market that may cool. Contains 14 articles "Savills Asian Cities report series for 2H/2020 covers 15 cities in 9 countries around the region. The job market in Singapore turned out to be better than expected last year. Singapore property market outlook and predictions for 2020. … As we usher in the new year following an eventful 2019, TODAY takes a look at what to expect in several areas affecting Singaporeans' lives: Economy, property, environment, politics and transport. 12 Dec 2019. Market Outlook 2020 – Private Residential and HDB. Nov 30, 2020. Singapore Retail market report also defines the complete study of the major regions of the Singapore Retail market, one of the vibrant characteristic of the global Singapore Retail market report provides. Employment growth was at its highest in five years. Yunita Ong btnews@sph.com.sg @YunitaOngBT. Office markets have diverged. Explore the real estate and economic indicators guiding recovery for the top cities around the world. Daily Briefing: HDB issues $600m fixed rate notes; More youths, including ITE and poly students, join REACH panel. About JLL Locations ... Get upsides in rent through F&B upgrades, alternative use, or complete overhaul of retail space. Despite transformational changes to our business, CBRE’s 2020 U.S. Outlook predicts a very good year for commercial real estate. According to CBRE’s latest research report “Real Estate Market Outlook 2020 – Singapore”, the property market in Singapore is expected to remain resilient in the year ahead. Certain cities continue to grow fast, notably in India and South China. The country has injected an aggregated S$100.9bn (US$73.7bn) stimulus into the economy, its biggest in history. The reports take a more in-depth look at how selected property sectors are evolving in the … Renovate or redevelop Evolve your retail space to keep pace with the ever-changing experiential and consumer-driven retail world. Resilient economic activi Singapore Market Outlook 2020. In particular, the residential primary sales market stood out as demand strengthened in the second half of the year even as trade tensions between the United States and China escalated, and the 2019 economic outlook for Singapore dimmed. Prime Global Cities Index Q3 2020 View Report. 30 December 2019, 1:31 am. Singapore property market facing 'many challenges': Redas president. The PropertyGuru Property Market Outlook 2020 looks at the factors that have shaped the local real estate landscape in the past decade, and examines the state-of-play of the Singapore property market today. Singapore retail; outlook 2020; BREAKING NEWS. January 7, 2020 Download ... HDB Rental. Property Market Outlook Singapore provides 2020 trends and insights for the real estate investment market, economy, office space sector, retail or logistics sector. % of population 65+ years of age in key Asian markets 6.8% 2000 2040 (projected) 7.2% 17.1% 23.8% 33.0% 35.2% Insurers must choose the demographics on which they want to focus, while keeping a close eye on the rapidly changing market dynamics. Government & Economy. What is the outlook for Singapore property market in 2020? New GLS focuses on residential housing . Confidence that Melbourne will be a landlord friendly market in the year ahead has dropped from over 75% of respondents in 2019 to less than 50% in 2020. Singapore and Hong Kong positive outlook and over 90% of The Landmark units launched sold on first day - Colliers' thought-leaders weigh in on this week's property news highlights. The vacancy rate forecast by the CMHC Housing Market Outlook for 2020 is 1.8 per cent for Halifax. Heart of the Matter . Extension of Relief Periods under the COVID-19 (Temporary Measures) Act for Specified Categories of Contracts . Dec 2, 2020 12:15 AM. Knight Frank’s predictions for the retail market in 2020. 2020 is around the corner. When adjusted for inflation, house prices rose by 1.86% y-o-y last year. Download Report Most major economies have begun lifting restrictions to varying degrees. Modern and luxury smart home rental apartment buildings in Singapore, seen from above. The vibrant entertainment enclave of Clarke Quay in Singapore. The private residential property index rose by 2.67% during 2019, a sharp slowdown from a strong growth of 7.86% in 2018, according to the Urban Redevelopment Authority (URA). Government & Economy . SRA COVID-19 Updates - Rental Relief Framework for SMEs. What's your ambition? Read More. 4 Dec 20. Singapore. Singapore Investment Market Update Q3 2020 View Report . ASIA MARKET OUTLOOK 2020 COLLIERS OUTLOOK ASIA | COMMERCIAL PROPERTY | 13 JANUARY 2020 Growth in Asia is slowing but not collapsing. 12:15 AM. Read full article . Not only that: a new decade is about to begin. (PHOTO: Getty Creative) SINGAPORE — Here is a close look at the forces in the local property market that will give a hint of what to expect in the new year. After a shortlived recovery, Singapore’s housing market is slowing, amidst plunging demand. Real Estate Market Outlook 2020 shows rents for office and logistics real estate to hold steady while rental pressure remains for retail. Expert Spotlight: John Bin, Senior Manager, Capital Markets & Investment Services. Worst may be over, with better prospects for Singapore's economy in 2020 Manufacturing, which has been a constant drag this year, showing promise of recovery The prices of mass market homes remain firm, with analysts offering a positive outlook for 2021. 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