Singapore Property Cooling Except For Industrial Space

Alan Cheong, Executive Director, Savills Singapore

20-Nov-24 07:30

Singapore Property Cooling Except For Industrial Space

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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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Categories: property, markets

Tags: property market, singapore,

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