By Ms Alice Tan, Senior Director, Research and Consulting Contagion drags sentiment worldwideThe COVID-19 outbreak has escalated into a pandemic within three months since December 2019. Since early March 2020, the number of cases outside China has exceeded those within China and the pandemic has gripped more than 180 countries especially in the US, Europe […]
Sky gym Soak in the panoramic expanse of the Orchard skyline, all aglitter amid the dusk, as you unwind in the soothing water of the Infinity Sky Pool. Isn’t this a wonderful way to bring the day to a close? And more importantly, isn’t this what the good life is about? Perched atop The Singapore […]
Phase 1 of the US-China trade deal offered some respite from a protracted trade war which had disrupted trade worldwide, while the global economy had weathered a muted 2019, and seemed ready to embark on a trajectory of cyclical recovery. By all appearances, a silver lining had emerged. Then COVID-19 struck, and within weeks of […]
With growing acceptance from homebuyers on the price premium factors accorded to well-conceptualised projects with site and locational attributes, the private residential market has witnessed a price divergence between new and resale homes. In 2019, the average price of new sale condominiums and apartments sold in the CCR stood at $2,950 psf – 40 per cent above […]
According to reports, it was mentioned that the third quarter of 2019 recorded the highest number of new homes sold since Q2 2013, with the number of non-landed homes sold in RCR and OCR increasing substantially. Additionally, Q3’s condominium sales surpassed the buying frenzy period right before the cooling measures were implemented. Notwithstanding the softer […]
Photography: Marina Bay Sands As landlords and retailers come to terms with the disruption posed by e-commerce, malls are rapidly evolving beyond a transactional model to embrace community building through experiential and activity-based concepts. While Singapore’s GDP and household incomes have steadily recovered since the 2009 global financial crisis, rising at a compounded annual growth […]
Slipping for the 8th consecutive month in September 2019, retail sales recorded a drop of 2.2 per cent according to data released by the Singapore Department of Statistics (DOS). According to DOS, the estimated total retail sales value in September 2019 amounted to $3.5bn, of which an estimated 6.9 per cent made up the online […]
Q3 2019 Real Estate Times — Kuala Lumpur Download report
The upcoming Jurong Lake District is set to become Singapore’s second Central Business District. Photography: The Straits Times Regional hubs look set to be even more popular as the notion of live, work and play continues to evolve. Today, Singapore boasts vibrant hubs in decentralised and fringe locations such as at Tampines, Jurong, Buona Vista […]
Big ticket private homes have been gaining ground, with increases in the proportion of both new and resale units priced about S$3m. Overall, total sales volume amounted to 4,212 units — the highest since the third quarter of 2018 when cooling measures were introduced. The higher new unit prices from projects released by developers reflect the high land […]
