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The Singapore economy grew at a slower 2.2% YoY in 3Q2018. The finance & insurance sector grew at a stronger 5.6% YoY, while the information & communications sector expanded by 4.7% YoY, leading to office-using employment increasing by 7,500 workers.
Download the Report Read MoreAfter nine years of relentless expansion, Asia’s real estate markets are facing rising headwinds.
An impending trade war, rising interest rates, tighter access to credit, and buyer fatigue at sky-high prices for both commercial and residential properties are causing investors to question whether the long bull cycle may be reaching its peak: “The market’s wobbling like a jelly on a plate,” as one investor put it. “We’re at historic highs across the board.”
That said, market fundamentals in 2018 remain robust.
Download the Report Read MoreWhat's next for Brisbane CBD?
Tenant demand remains healthy. Click on the Download button for more information on the:
Low net supply has enabled a market recovery better than we expected over recent years. We no longer find much room left for occupancy gains; in our view, the current demand to supply dynamics remain tight enough to justify modest rental growth over several more quarters.
Download the Report Read MoreWhat's next for Brisbane CBD?
Larger tenants hunting for space. Click on the Download button for more information on the:
