News

Singapore’s healthcare reform begins in July 2023.

And resale prices could climb by up to 8%.

Rents in decentralised submarkets were more resilient.

Over half of the volume came from foreign investors.

One is a 1,000-unit estate expected to be completed by 2025.

It’s currently at about 64% of the selling price.

The primary market also had a positive performance.

Resale prices rose 1% in Q1 2023.

Rents grew 2.7% q-o-q and 26.7% y-o-y.

Find out which spaces are being rented at lower prices.

The REIT plans to convert the property into a temperature-controlled distribution center.

The retail vacancy rate hit 7.6% in Q1.

The city’s KRW989.5b transaction in Q1 is a mere 26% of the volumes recorded the previous year.

Nearly 8,000 units were launched during the quarter. 

The Lion City’s fit-out cost for a basic hybrid is $113 (US$86 psf).

The market is likely to be dominated by distress sales.