Singapore Real Estate Market is Expected to Grow at a Forecasted CAGR of 3.6% towards residential space, 1.0% towards retail space, 4.3% towards office space and 3.2% towards the country’s hotel real estate space by 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 Singapore residential market is set to test a strong supply of private residential properties as more and more ongoing projects will go on-stream by the year ending 2020 and the housing supply is expected to touch 50,000 units. Approximately 4.0 million sq ft of net Lettable retail space from major malls within Singapore is scheduled for completion between 2016 and 2020 therefore, averaging 808,000 sq ft of new major retail space per year. The Singapore Tourism Board (STB) launched BOOST (Building On Opportunities to Strengthen Tourism) i.e. a USD 90.0 million initiative which is aimed at increasing the tourist influx within Singapore. Business Travel, Meetings, Incentive Travel, Conventions and Exhibitions (BTMCE) are some of the major sources of revenue for the country’s hotel industry. Analysts at Ken Research in their latest publication “Singapore Real Estate Market Outlook to 2023 – By Residential Real Estate Market (New Sales, Re-Sales and Sub-Sales), By Retail Real Estate Market (Private and Public Retail Space), By Office Real Estate Market (Private and Public Office Space) and By Hotel Real Estate Market (Gazetted and Non-Gazetted Hotels)” believe that introducing green and sustainable buildings, increasing co-working operators, establishing tie-ups between real estate agents and real estate companies, focusing towards affordable housing, REITS and developing innovative browser experience will collectively drive the Singapore real estate market demand in the near future along with a CAGR of 3.6% towards residential space; 1.0% towards retail space; 4.3% towards office space and 3.3% towards hotel real estate during the forecast period of 2019-2023. 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 a desperate need for urban real estate including residential housing. Real estate as an asset class is changing at a very rapid pace along with the emergence of mega real estate managers which are building and investing in real estate on a large scale, especially in the case of housing where HDB plays a vital role in terms of investment. The real estate landscape within Singapore is becoming more widespread and complex, with a wider range of risk and return over long term. Along with a number of highly-anticipated projects such as Gem Residences (located in the RCR) and Stars of Kovan (in OCR) lined up for launch, new sales transaction activity is expected to swing towards the mid-tier and mass-market segments. An influx of new retail spaces in the near future is further anticipated to compound on the downward trend of retail rents as the pipeline is already accounted by tenant pre-commitments. On the other hand, demand for suburban retail spaces is further expected to remain constant as shopping malls in Singapore remain supported by the increasing resident population. Additionally, F&B component is increasing with new options including the Hototogisu Ramen, Mavrx Coffee Bar and Tim Ho Wan. Despite the lower rents for anchor tenants, some malls include more than one supermarket as these shops provide convenience and necessity, which E-commerce often lacks, hence creating a compelling reason to visit the mall. The trend is expected to drive retail sales in the near future. Co-working spaces and large technology firms in Singapore are further set to drive office demand in the near future. Singapore is emerging as a technology hub as most of technology firms are choosing the lion’s city to gain first mover advantage. Small as well as medium size start-ups are moving to Singapore for the ease of business and attracting talent in the country. Singapore hotel real estate space overall has clear skies but major headwinds in near sight are slowing Singapore economy and shift towards serviced apartments and Airbnb. Apart from that, BTMICE spending rose by 10% in 2018 and is poised for sustainable growth in future considering Singapore’s growing presence as a business Hub. 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.) Keywords:- Singapore Real Estate Market Singapore Real Estate Market Analysis Singapore Real Estate Industry Real Estate Industry In Singapore Singapore Real Estate Market Revenue Singapore Residential Real Estate Market Singapore Retail Real Estate Market Singapore Office Real Estate Market Singapore Property Price Market New Sales Singapore Residential Market Cooling Measures Singapore Real Estate Market Urban Redevelopment Authority Singapore En-Bloc Sales Market Singapore Upcoming Retail Projects Singapore Types Of Office Spaces Singapore Major Co-Working Operators Singapore Co-Working Spaces Rents Singapore APAC Realty Real Estate Singapore Frasers Property Real Estate Market Singapore 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