Invest SG Property (Commercial)’s Post

🌟 Singapore’s Commercial Real Estate is Heating Up! 💼 The buzz is real! A notable transaction—the sale of strata office units at Suntec City, expected to hit a remarkable S$57.1 million—signals a wave of opportunity in Singapore's commercial real estate market. Prime office spaces are drawing keen interest from investors, showing the resilience of this sector. 📊 With rising office rents and declining vacancy rates, businesses are flocking to Singapore, seeking premium, flexible workspaces that foster growth and innovation. The country’s reputation as a stable, thriving hub makes it a magnet for global and local investors alike. 🌏 As Singapore's economy continues its upward trajectory, the question remains: how are you positioning yourself to leverage these emerging opportunities in the evolving real estate landscape? Strategic decisions today could shape your investment success tomorrow. https://lnkd.in/gU7QkBSx #SingaporeRealEstate #CommercialInvestment #PrimeProperty

Big tech CEOs investing in Southeast Asia could drive up demand for office space in Singapore, leading to higher rents and property prices. Additionally, increased investment could stimulate economic growth, attracting more foreign talent and further boosting the real estate market. It may also indirectly impact the residential real estate market in Singapore. The influx of high-income professionals and increased economic activity could lead to higher demand for luxury housing and upscale residential properties, potentially driving up prices in certain areas of the city-state. Additionally, improvements in infrastructure and amenities spurred by tech investments could make certain neighborhoods more desirable for residential living, further influencing property values.

Singapore ranks as the 7th most expensive market for prime office spaces globally, with a price premium of 21% over broader Grade A offices. As costs rise, one might wonder: Will higher rents drive investment away from setting up businesses here? But Singapore offers more than just a premium address. Our strategic location, robust infrastructure, and business-friendly environment continue to attract global enterprises. The challenge is to balance cost with value—ensuring that the benefits of operating in Singapore outweigh the expenses. What other factors do you think make Singapore a valuable place for businesses despite the high rents?"

🌟 The Rise of Mixed-Use Developments in Singapore 🌟 🏙️ Convenience at Your Doorstep: In the wake of the pandemic, the demand for convenience and nearby amenities has skyrocketed. Enter mixed-use developments—projects that seamlessly integrate residential, office, hotel, and retail spaces within a single complex. Imagine living, working, and playing all in one vibrant hub! 📈 Growing Popularity: With Singapore’s strategic push towards decentralization, mixed-use developments are sprouting up everywhere. Between 2018 and 2023, 33% of government land sales sites awarded were for mixed-use projects. In just the first five months of 2024, three out of five sites awarded followed this trend. The South Beach project is a prime example, boasting Grade A office space, residential units, a hotel, and retail spaces all in one location. 💡 Beyond Convenience: While these developments offer unparalleled convenience, their true value lies in a mix of factors. Prospective buyers should consider location, the specific blend of asset classes, potential for value appreciation, and personal needs. It’s not just about scale, but about finding the right balance that suits your lifestyle and investment goals. 🌟 An Investment Worth Considering: Mixed-use developments represent the future of urban living, offering a blend of convenience, luxury, and potential financial rewards. As Singapore continues to evolve, these projects are set to redefine our cityscape. ❓ Insightful Thought: Are mixed-use developments the key to a more sustainable and integrated urban lifestyle? How will they shape the future of real estate in Singapore? https://lnkd.in/g5YrggVi #MixedUseDevelopments #SingaporeRealEstate #UrbanLiving #InvestmentOpportunities #FutureOfCities -------- 🗺️🏗️🏫🏪🏭🏬🏣🏢🏘️🏦 👋 I am Trevor Soon, 🏆 Top Real Estate Voice & Top 5% Realtor. 👨💼 Senior Leader Connecting Developers, Professionals & Investors for Growth. 💡 Empowering Real Estate Investment with Emotional Resilience. 🤝 Let's connect and explore how we can win together!

🌟 The Rise of Mixed-Use Developments in Singapore 🌟 🏙️ Convenience at Your Doorstep: In the wake of the pandemic, the demand for convenience and nearby amenities has skyrocketed. Enter mixed-use developments—projects that seamlessly integrate residential, office, hotel, and retail spaces within a single complex. Imagine living, working, and playing all in one vibrant hub! 📈 Growing Popularity: With Singapore’s strategic push towards decentralization, mixed-use developments are sprouting up everywhere. Between 2018 and 2023, 33% of government land sales sites awarded were for mixed-use projects. In just the first five months of 2024, three out of five sites awarded followed this trend. The South Beach project is a prime example, boasting Grade A office space, residential units, a hotel, and retail spaces all in one location. 💡 Beyond Convenience: While these developments offer unparalleled convenience, their true value lies in a mix of factors. Prospective buyers should consider location, the specific blend of asset classes, potential for value appreciation, and personal needs. It’s not just about scale, but about finding the right balance that suits your lifestyle and investment goals. 🌟 An Investment Worth Considering: Mixed-use developments represent the future of urban living, offering a blend of convenience, luxury, and potential financial rewards. As Singapore continues to evolve, these projects are set to redefine our cityscape. ❓ Insightful Thought: Are mixed-use developments the key to a more sustainable and integrated urban lifestyle? How will they shape the future of real estate in Singapore? https://lnkd.in/g5YrggVi #MixedUseDevelopments #SingaporeRealEstate #UrbanLiving #InvestmentOpportunities #FutureOfCities -------- 🗺️🏗️🏫🏪🏭🏬🏣🏢🏘️🏦 👋 I am Trevor Soon, 🏆 Top Real Estate Voice & Top 5% Realtor. 👨💼 Senior Leader Connecting Developers, Professionals & Investors for Growth. 💡 Empowering Real Estate Investment with Emotional Resilience. 🤝 Let's connect and explore how we can win together!

Hi, we are interested in setting up an office in Singapore, preferably somewhere in the east. What is the rental price range in that area? --- Hi there, - The rental price for office spaces in the eastern part of Singapore varies depending on the specific location and size of the space. - Generally, you can expect to pay anywhere from $4 to $8 per square foot per month. - Areas like Tampines and Changi Business Park are popular and tend to be on the higher end of this range due to their amenities and accessibility. - It’s also a good idea to consider factors like proximity to public transport, parking facilities, and the overall vibe of the neighborhood when choosing a location. Thank you. Family realtor solved 1000+ property problems, - Mani Subramanian Veeramani Social Media Tags: @AskRealtorMani #AskRealtorMani /AskRealtorMani https://wa.me/6583004411 Top 1% Real Estate Voice LinkedIn Singapore https://lnkd.in/gT37rDva PS: Here is the list of Below Market Value Properties https://lnkd.in/gPQGtapW

As vacancy rates spike and demand drivers wane, the future of Singapore's office market hangs in the balance. Is this a momentary setback or a sign of deeper changes ahead? Check out our contribution to The Business Times Property Week on how we view Singapore's office market now and beyond. #RealEstate #Singapore #OfficeMarket #PropertyTrends CBRE Singapore CBRE Asia Pacific Tricia Song David McKellar https://lnkd.in/gbCtyPG9

Pressing need for business parks to reposition and reinvent their spaces: real estate don https://lnkd.in/gbfNNxfX A survey conducted by the Institute of Real Estate and Urban Studies (IREUS), National University of Singapore (NUS) on business parks in Singapore revealed: + Relevance: 70% of real estate executives believe business parks remain relevant in Singapore's real estate market. + Attractiveness: 62% agree that business parks will continue to attract multinational companies. Challenges: - Rising vacancy rates, particularly in areas like Changi Business Park. New work practices and hybrid arrangements affecting demand for business park spaces. - Key factors influencing business park relocation: - Competitive rent (89% of respondents) - Ease of access via public transport (65%) - Clustering of similar businesses (58%) - Good amenities (54%) The vacancy rate in Changi Business Park, for example, has gone up, with some properties there reporting nearly 40% of unoccupied space. Future outlook: Business park operators need to reposition and reinvent their spaces to remain competitive. Tien Foo Sing, Provost's Chair Professor of Real Estate at the NUS Business School: "This signals a pressing need for business park operators to reposition and reinvent their spaces in the changing market landscape." Sing Tien Foo: "We see how technology adoption in workplaces – in the form of virtual platforms – changes a conventional rigid set-up to a more flexible workspace configuration, which could reduce the dependence of firms on physical space in business parks." Rejuvenate, Reinvent and Reimagine! #Growth #Refresh #Rejuvenate #Reposition #RealEstate #BusinessPark #Singapore #Business #Investment I The Business Times I SPH Media I

According to the UN Environment Programme, the buildings & construction sector is by far the largest emitter of GHGs, accounting for 37% of global emissions. A lack of green offices is posing a fresh risk to Hong Kong's beleaguered property sector amid a slump that's already wiped billions of dollars from real estate values. According to CBRE, only 40% of Hong Kong's premium office spaces are green-certified, in contrast with more than 70% in Singapore, Sydney & Tokyo. And its evaluated by global or local rating systems, the buildings are typically assessed on criteria including energy & water efficiency. JLL states that about 9 in 10 commercial real estate occupiers in Asia are targeting 100% green-certified portfolios by 2030. And some occupiers may even be willing to pay a rental premium for office spaces which use clean energy & eco-friendly construction materials. Hong Kong, which recently dethroned Singapore to regain its position as APAC's leading financial hub, is facing challenges where property tycoons are reeling from elevated interest rates, poor economic sentiment & changing work habits are making developers put off costly green upgrades. According to ESGpedia, there are over 4,200 green certified buildings in Singapore compared with over 3,200 such buildings in Hong Kong. #asia #apac #hongkong #financialhub #greenbuildings #netzero #esg #businesshub #sustainability #climatelaw #realestate #singapore #greenfinace #macroeconomics

As demand rises by 10%+ across key Asia Pacific markets, Singapore continues to play a pivotal role. As one of the key growth drivers in the region, Singapore’s Core CBD Premium and Grade A office rents rose 0.3% in Q3 2024, with vacancy climbing to 6.0% following the addition of new supply. This has created a more tenant-friendly market, with flexible leasing options in prime areas, making it an opportune time for occupiers to secure quality space. To help you make the right decisions for your upcoming office space requirements, 🔗 Explore the APAC report here: https://ow.ly/mpTY50UloT8 🔗 Take a look at the Q3 Singapore Office Report here: https://ow.ly/9y1l50UloT7 Reach out to our expert Tridiana Ong for more information. #CollierSingapore #CRE #OccupierServices #RealEstate #RealEstateInvestments #WorkplaceStrategy #Office