Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Singapore MarketBeat Reports

Xian Yang Wong • 06/10/2023

Office:  CBD Grade A office rents grew in Q3 2023 as vacancy rates tightened. Net demand for CBD Grade A offices stayed positive with occupiers continuingly seeking quality spaces. Office rental growth in subsequent quarters, however, could moderate when more supply streams into the market.

Industrial:  Rents across most industrial property types have held constant in Q3 2023. Overall industrial vacancies continued to tighten amidst limited availability of supply. Although industrial leasing inquiries have fallen, activities could pick up towards end-2023 as the manufacturing sector improves.

Retail:  Islandwide prime retail rents continued to rise in Q3 2023, on the back of improving tenant sales and limited new supply. Orchard prime retail rents led growth amidst a pickup in visitor arrivals. Despite the weakened economic outlook, retail rental growth should persist in the short-term.

Investment: Total investment volumes rose in Q3 2023, largely driven by the residential sector. While the residential sector is poised to lead investment volumes this year, retail and hospitality sectors could also attract investor interest amidst the steady tourism recovery.

 

Learn more by downloading our latest Singapore MarketBeat reports below.

CURRENT MARKETBEATS

Office Buildings CBD
MarketBeat

Office MarketBeat Report

CBD Grade A office rents grew in Q3 2023 as vacancy rates tightened. 
Xian Yang Wong • 06/10/2023
Warehouse Internal Rack
MarketBeat

Industrial MarketBeat Report

Rents across most industrial property types have held constant in Q3 2023.
Xian Yang Wong • 06/10/2023
Shopping Retail
MarketBeat

Retail MarketBeat Report

Islandwide prime retail rents continued to rise in Q3 2023, on the back of improving tenant sales and limited new supply. 
Xian Yang Wong • 06/10/2023
Warehouse Internal Rack
MarketBeat • Investment / Capital Markets

Investment MarketBeat Report

Total investment volumes rose in Q3 2023, largely driven by the residential sector.
Xian Yang Wong • 06/10/2023

Download Previous Office Reports

Click on title to begin download:

Download Previous Industrial Reports

Click on title to begin download:

Download Previous Retail Reports

Click on title to begin download:

Download Previous Investment Reports

Click on title to begin download:

RELATED INSIGHTS

main streets across the world 2023
Research

Main Streets Across the World 2023

In this 33rd edition of Main Streets Across the World, we’ll explore the near-term outlook for the retail sector; headline rent and ranking changes for best-in-class urban locations across the world; key indicators and global main street rankings; and key trends to watch such as the cost-of-living crunch, e-commerce and more.
Dominic Brown • 21/11/2023
Reworking the office
Research • Workplace

REWORKING the Office Asia Pacific

Our ‘REWORKING’ series examines decision-making for occupiers under four key considerations: Cost, Carbon, Culture and Community – under which the changing demands, needs and impacts on office spaces and strategies can be examined.
Grant Carter • 03/11/2023
Economy-ImageCard-unsplash
Insights • Economy

Cushman & Wakefield Comments on URA private residential price index Q3 2023

Overall sales volume declined by 3.5% qoq in Q3 2023, reversing the past two consecutive quarters of increase. The fall in overall sales volume was driven by the new sales market, which declined by 8.5% qoq to 1,946 units in Q3 2023.
Xian Yang Wong • 27/10/2023

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
CONTACT US
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Cookie preferences
Agree All
Reject All
SAVE SETTINGS
Essential
Non Essential
Marketing