Connect with Us     


Connect with Us               

Developer Sales Enquiry: 9789 8770

New Property Dream News Blog

Be Updated Daily with the New Happenings in the Property Market!
"Hit" the 'Subscribe to blog' on your right for Daily Property News Updates!

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

Investors drawn again to real estate rebound

Posted by on in Residential
  • Font size: Larger Smaller
  • Hits: 318
  • Subscribe to this entry
  • Print

new property dream cs generic13June 03 0

Singapore’s property market has improved drastically in its investment prospect rankings, going from near the bottom of the table in 2017 to third place in 2018.

This follows a huge resurgence in investor sentiment this year, particularly in the office and residential sectors - two markets that are said to have bottomed out, although a survey of 600 real estate professionals reveals some sceptics who think the "bottoming" may be premature.

The Emerging Trends in Real Estate Asia Pacific 2018 report, a real estate forecast published by the Urban Land Institute (ULI) and PwC, noted that office rents in Singapore have firmed earlier than expected, while the completion of CapitaLand Commercial Trust's mega S$2.09 billion acquisition of Asia Square Tower 2 from BlackRock has galvanised the local market and set a new benchmark for valuations

The residential sector is also showing signs of recovery with rising transactions and a slight uptick in pricing for the first time in four years. Sales of developer sites have also surged amid tightening supply as developers seek to replenish their land banks.

"The rebound seems likely to be sustainable, given several years of pent-up consumer demand. The Chinese developers have also been active in buying land, pushing up land auction prices for residential sites significantly through 2017," the report noted.

The residential market rebound could have been helped by a partial lifting of government cooling measures, which relaxed the conditions of the seller's stamp duty in March this year. This does little to help investment funds, however, because extra costs in the form of other applicable stamp duties are still a drag on returns.

The report is based on the opinions of more than 600 real estate professionals, including investors, developers, property company representatives, lenders, brokers and consultants.

There were some respondents, however, who see talk of a bottoming in Singapore's office property market as premature. According to one fund manager interviewed, business confidence is still low, supply abounds, and tenants are not really expanding.

"It's challenging to bring foreign workers in because the government has responded to local concerns to protect jobs, and at the same time a lot of the European banks are downsizing, which hits demand for space. I don't want to be negative, but we're not seeing a big pipeline of deals that interest us," the fund manager said.

Colin Galloway, ULI consultant and principal author of the report, said it is "sentiment basically" that has moved Singapore from second- last in a list of 22 investment destinations to third place. Investors want to get in early on the upturn cycle, and are okay even if future performance shows that the market has not yet reached its trough and it continues sideways for a while.

"Investors won't look at the cities that are at the top (of the investment prospects table); they look at the cities that are at the bottom because they are looking for that rebound from when blood is on the streets. The potential profits are greater if you can catch it at the bottom.

"If you get in early, then a lot of people don't mind too much if they have to hold the assets for a couple of years while the market turns around. That's not a big deal for them... if they lose two years simply because the market is slow to turn," said Mr Galloway.

Credit from: The Business Times, 22 November 2017

Rate this blog entry:


To all Real Estate Investors and Future Property Owners,

Hello there, this is Sky Chiu, your Singapore Real Estate Advisor, welcome and thank you for reading through to my News Blog! If you would like to be updated with the Property Market Insights, Do Subscribe to my Blog or via RSS on the Top Right of this page!

With 9 years of experience in real estate business, equipped with in-depth property market and new projects knowledge and insights, i committed to give all my valued clients detailed and clearer analysis before they committed to their dream home - whether you are a first time property seller, an experienced property investor, a first time property buyer or a foreigner looking to move into Singapore.

My dedicated services cover my valued clients through the whole process - selling the property at the Highest Possible Price, finding the Right property, negotiating the for the Best Price, to making an Offer and closing the Best Deal. As your Personal Real Estate Consultant, i am here to help you in everything to make the best real estate decision in your life. Your Satisfaction is My First Priority!

Phone Support



We have a group of very experienced property advisors with in-depth property market and new projects knowledge and insights to give our clients a detailed and clearer analysis before they committed to their dream home from us.

We identify our clients' needs, help them to restructure and maximise their property portfolios. We successfully advised and helped our clients on their loan restructuring and financial timeline management on their property investment.

Contact Us for An Non-Obligatory Discussion Today!



Danish candy sesame snaps sugar plum candy canes sweet donut sugar plum



Danish candy sesame snaps sugar plum candy canes sweet donut sugar plum



Danish candy sesame snaps sugar plum candy canes sweet donut sugar plum