Singapore Real Estate Market Outlook to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “Singapore Real Estate Market Outlook to 2023 – By Residential Market (New Sales, Re-Sales and Sub-Sales), By Retail Market (Private and Public Retail Space), By Office Market (Private and Public Office Space) and By Hotel Market (Gazetted and Non-Gazetted Hotels)” provides a comprehensive analysis of the real estate space within Singapore. The report covers various aspects including introduction, business models, supply and demand for residential, retail, office and hotel market. The report provides Singapore residential real estate market segmentation by new sales, sub-sales and re-sales, office segmentation by public and private office space, retail market by public and private retail space and hotels by gazette and non-gazetted hotels; comparative landscape, growth drivers, trends and developments, issues and challenges, snapshot on co-working spaces and malls, property buying process and the regulatory framework of the industry. The report concludes with future projections for all the segments and analyst recommendations highlighting the major opportunities and cautions. Introduction Singapore real estate industry was observed to attain maturity majorly because the country serves as a global business hub, tourism center and effective residential housing demand in the country. The country started with selling land parcels for commercial development and itself became the largest housing developer. Lack of space and high demand has allowed Singapore to evolve into a modern real estate infrastructure pioneer with mixed developments, environment friendly constructions and architectural marvels at the core of real estate. Being a global business hub, Singapore’s commercial real estate space sees major foreign investments and gain significant revenues from the presence of international players in the market. Increasing tourism allows revenue surge for retail as well as hotel real estate. Growing population and tourist influx into the country has allowed Singapore to become one of the most expensive real estate markets in the world with majority of population living in Government’s HDB properties. Singapore Residential Real Estate Market After three years of continuous decline in the prices during 2014-2017, the residential real estate market gained some growth momentum in 2018 with residential property price index rising during 2017-2018. The market noticed strong recovery till first half of 2018 but cooling measures such as curb on foreign ownership and revised guidelines on ABSD and LTV have led to dampened demand in the second half of 2018. One of the main drivers of residential demand is the growing population with majority of the Singaporean population living in HDB flats and condominiums. Landed properties and other planned sales by the Singapore government and the developments submitted for approval were collectively witnessed to capture the remaining market. Despite the cooling measures and uncertain external environment, prices for private residential properties continued to increase during 2018. Buyers’ sentiments were more subdued as they adopted a “wait and see” approach after the policy changes and given external environment. On the other hand, higher availability of cheaper resale apartment / flats as well as condos in Singapore has been driving the resale market. Resale flats are cheaper as individual owners may not be able to hold on to an investment property if they face a fund crunch or not able to afford the EMIs. The residential real estate market is expected to grow at a positive CAGR over the forecast period 2019-2023. The residential segment will continue to see moderate increase in prices as the sector faces continuous low demand side pressure. Prime properties at preferred locations are still expected to be the hotspot locations with high asking price. A greater migration to the central Singapore, growing population and swelling middle class are creating additional demand for urban real estate including residential housing. Singapore Retail Real Estate Market The retail estate market within Singapore was observed to take a fall during the review period 2013-2018. Occupancy of retail space in fringe area registered highest decline majorly due to the completion of new retail space such as Macpherson Mall and Raffles Holland V in the region. Retail real estate in Singapore is evolving with customer engagement and is further moving towards an activity based approach to tackle offline market space. The market has been witnessing technology integration in existing and upcoming projects. Private retail space within Singapore real estate market was observed to dominate in terms of available area in the year 2018. The private retail space includes limited large scale players capturing majority of the market. Some of the leading real estate players include operating within the country’s retail space including Capitaland, City Development, Frasers Property Ltd., UIC, UOL and United Engineers. All the major malls and retail outlets in Singapore are owned by Private retail players. This includes the retail space in the famous Orchard area of Singapore which is a retail hub and completely owned by private players. Whereas on the other hand, HDB and Government Occupancy make up the public retail real estate space which captured limited share and mostly consists of retail outlets within the HDB projects. Singapore Office Real Estate Market Singapore office real estate market in terms of rental revenue was witnessed to increase during the review period 2013-2018. The net absorption rate of Grade A offices within Singapore office space was good during 2013-2014 majorly in the CBD (central business district) area. Leasing demand further continued to rise from a wide range of industries coupled with the rising trend of co-working operators which has significantly contributed towards market revenue. Major deals in the CBD included the sale of 55 Market Street and the office component of OUE Downtown. Private office space within Singapore real estate market was observed to clearly establish itself as market leader in terms of available area during the year 2018. Tech and Co-working firms continue to drive majority of the private office space supply. Singapore office real estate market is further projected to grow during the forecast period 2019-2023. Rents are projected to maintain an upward trajectory as supply pipeline dries up. Solid pre-commitments for new development are a healthy sign of vacancy going down in the upcoming years. Co-working spaces and large technology firms are further expected to drive the office space demand and the Singapore government’s decentralization strategy will take off some pressure from CBD area. Singapore Hotel Real Estate Market The hotel space within Singapore real estate industry was witnessed to grow during the review period 2013-2018 driven by tourism arrivals. The country’s hotel real estate industry contains a combination of gazetted and non-gazetted hotels. Hotels in Singapore are further categorized into Luxury, Upscale, Mid-tier and Economy. Singapore has 9 major hotel areas with CBD and Orchard road carrying major 5-star hotels, Sentosa Island and River District carry 4-star and 5-star hotels , Heritage District mostly carries 3-star hotels with a few 5-star hotels, Little India, Chinatown, North Downtown and Airport area emphasis more on budget, 2-star and 3-star hotels. In terms of total room revenue, hotel space within Singapore real estate industry is further expected to grow during the forecast period 2019-2023. The market revenues are further anticipated to increase on account of increasing demand and supply of rooms. Gazetted hotels are expected to lead the supply of rooms as non-gazetted hotels show signs of stagnancy. Comparative Landscape in Singapore Real Estate Market The real estate industry within Singapore is further characterized by high levels of competition, an increasing demand for newer properties and commercial activities along with rising population in the country. Competition stage within the country’s real estate space was observed to be moderately concentrated along with the presence of major players such as CapitaLand, Frasers Property Ltd, UOL Group, City Developments, APAC Realty, Chip Eng Seng and Roxy-Pacific Holdings and other small players. Key Segments Covered:- Singapore Residential Real Estate Market By Type of Dwelling HDB Dwellings Condoniums and Other Apartments Landed Properties Other Types of Dwellings By Type of Sale New Sale Re-Sale Sub-Sale Singapore Retail Real Estate Market By Private and Public Retail Space Singapore Office Real Estate Market By Private and Public Office Space Singapore Hotel Real Estate Market By Gazetted and Non-Gazetted Hotels Key Target Audience:- Real Estate Developers Independent Investors Real Estate Consulting Companies Third Party Real Estate Companies Independent Architects Government Associations Government Agencies Time Period Captured in the Report:- Historical Period – 2013-2018 Forecast Period – 2019-2023 Major Companies Covered:- CapitaLand Frasers Property Ltd UOL Group City Developments APAC Realty Chip Eng Sen Roxy-Pacific Holdings Other Players (Frasers Property Ltd. and City Development Ltd.) Key Topics Covered in the Report:- Executive Summary Research Methodology Singapore Real Estate Market Overview and Genesis Singapore Real Estate Market Business Model Singapore Residential Real Estate Market, 2016-2023 Singapore Retail Real Estate Market, 2013-2023 Singapore Office Real Estate Market, 2013-2023 Singapore Hotel Real Estate Market, 2013-2023 Major Investment Pockets in Singapore Real Estate Market Trends and Developments in Singapore Real Estate Market Issues and Challenges in Singapore Real Estate Market Regulation Framework in Singapore Real Estate Market Comparative Landscape in Singapore Real Estate Market Property Buying Process in Singapore Real Estate Market Analyst Recommendations for Singapore Real Estate Market For more information on the research report, refer to below link:- Singapore Real Estate Market Related Reports:- Hungary Real Estate Market Outlook to 2022 – by Residential (Dwellings Constructed by Regions, by Builders Type, Holiday Units Constructed by region, Dwellings Leased by Regions, Dwellings Sold by Regions), by Commercial, Retail and Hotel Qatar Real Estate Market Outlook 2021 – Economic Diversification and FIFA World Cup 2022 to Support Infrastructure Development Middle East Real Estate Market Outlook to 2019 – Demand for Destination Retail and Affordable Housing to Shape Future Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Tags: APAC Realty Real Estate Singapore, Challenges For Real Estate Singapore, Chip Eng Seng Corporation Real Estate Singapore, City Development Real Estate Market Singapore, Co-Working Ecosystem Singapore, Co-Working Facilities In Singapore, Co-Working Spaces In Singapore, Co-Working Spaces Rents Singapore, Cooling Measures Singapore Real Estate Market, En-Bloc Sales Market Singapore, Frasers Property Real Estate Market Singapore, Grade A Office Space Singapore, Housing Development Board Singapore, Industri Harta Tanah Singapura, Industry Research Report Of Singapore Real Estate, Major Co-Working Operators Singapore, Major Office Real Estate Areas Singapore, Major Singapore Hotels Market, Market Research Report Of Singapore Real Estate, New Sales Singapore Residential Market, Office Real Estate Demand Singapore, Office Real Estate Market Size Singapore, Pasaran Berdasar Tanah Singapura, Pasaran Harta Tanah Awam Runcit Singapura, Pasaran Harta Tanah Pejabat Singapura, Pasaran Harta Tanah Singapura, Pasaran Runcit Peribadi Swasta Singapura, Private Retail Real Estate Market Singapore, Re Sales Singapore Real Estate Market, Real Estate Industry In Singapore, Real Estate Market In Singapore, Real Estate Market Regulations Singapore, Residential Supply Singapore, Retail Real Estate Market Trends Singapore, Retail Real Estate Rents Singapore, Retail Real Estate Supply Singapore, Roxy-Pacific Holding Real Estate Singapore, Singapore Capitaland Real Estate Market, Singapore Hotel Real Estate Market, Singapore Hotel Real Estate Statistics, Singapore Office Real Estate Market, Singapore Property Price Market, Singapore Public Retail Real Estate Market, Singapore Real Estate Business Models, Singapore Real Estate Classified Market, Singapore Real Estate Industry, Singapore Real Estate Industry Research Report, Singapore Real Estate Market, Singapore Real Estate Market Analysis, Singapore Real Estate Market Competition, Singapore Real Estate Market Drivers, Singapore Real Estate Market Forecast, Singapore Real Estate Market Future Outlook, Singapore Real Estate Market Growth, Singapore Real Estate Market Major Players, Singapore Real Estate Market Opportunities, Singapore Real Estate Market Overview, Singapore Real Estate Market Research Report, Singapore Real Estate Market Revenue, Singapore Real Estate Market Scope, Singapore Real Estate Market Segmentation, Singapore Real Estate Market Shares, Singapore Real Estate Market Size, Singapore Real Estate Market Trends, Singapore Residential Real Estate Market, Singapore Retail Real Estate Market, Sub Sales Singapore Real Estate Market, Types Of Office Spaces Singapore, UOL Real Estate Market Singapore, Upcoming Hotels Singapore, Upcoming Office Real Estate Projects, Upcoming Retail Projects Singapore, Urban Redevelopment Authority Singapore