Singapore Market H2 Outlook 2023 (Cushman & Wakefield) 21 July 2023
The Singapore property market remains resilient despite weakening property demand. Market rents have continued to rise amidst a tight supply pipeline. However, with weaker growth prospects and a flight to quality, the market is starting to bifurcate, with non-prime assets seeing stagnating growth.
Our latest paper explores the economic outlook for Singapore, the impact on the office, industrial, retail, private residential, and hotels sector, and latest investment trends.