Singapore Property Cooling Except For Industrial Space
Alan Cheong, Executive Director, Savills Singapore
20-Nov-24 07:30
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Singapore’s private home prices fell for the first time in five quarters in the July to September period as the private home price index fell 1.1%. Meanwhile, the latest URA data has shown that the office rental index (Central Region) registered a 0.5% quarter-on-quarter decline as vacancy spiked by almost 8%. So is it all doom and gloom for Singapore property and what is the outlook for 2025? Alan Cheong, Executive Director, of Savills Singapore tell us his perspective.
Image Credit: shutterstock.com
Produced by: Natalie Tan
Presented by: Wong Shou Ning, Shazana Mokhtar, Philip See
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Tags: property market, singapore,