26 Nov '12, 5am

#OfficeRents likely to fall... #Office rental forecasts slashed in #Singapore - #CBD #CRE #GradeA

#OfficeRents likely to fall... #Office rental forecasts slashed in #Singapore - #CBD #CRE #GradeA

GLOOM has settled over the office market with analysts turning negative and pulling back their rental estimates by as much as 25 per cent over the next year. This slide is on the back of deteriorating global economic conditions and a large amount of new office space that is due to become available soon. Citi property analysts Wendy Koh and Tan Chun Keong said in a research note on Monday that the firm is cautious on the office outlook, given that 1 million sq ft of new space due for completion this year is still without tenants. This means just 65 per cent of the 2.8 million sq ft of office space due for completion this year has so far attracted tenants, and the analysts expect rents to come under pressure in the coming months. The uncertain economic outlook has led to a significant dip in demand for office space as businesses suspend or abort expansionary plans. — ST FILE...

Full article: http://www.aboutsingaporeproperty.com/office-rents-likely...

Tweets

Property agents should know real estate industr...

todayonline.com 26 Nov '12, 9pm

SINGAPORE - Most consumers are satisfied with their property agents, although some felt agents should improve their knowle...

New: Singapore Property Weekly Issue 79 now out

propwise.sg 26 Nov '12, 3pm

Singapore Property Weekly Issue 79 now out November 26, 2012 In this week’s issue: 5 Most Expensive Landed Properties of t...

New: Singapore Property News This Week #77

propwise.sg 22 Nov '12, 3pm

Singapore Property News This Week #77 November 22, 2012 Residential Transaction volumes down for apartments worth $10m and...

(TODAY) 80% of customers satisfied with their p...

todayonline.com 26 Nov '12, 4am

SINGAPORE - The first Public Perception Survey by the Council for Estate Agencies (CEA) has found that most consumers are ...

Real estate industry is dynamic, changes have o...

lushhomemedia.com 26 Nov '12, 5am

National Development Minister Khaw Boon Wan said the transformation of the real estate industry has only just begun. He sa...

More pressure seen on Singapore office rents. Read more:

More pressure seen on Singapore office rents. R...

stproperty.sg 22 Nov '12, 4am

AN estimated 7.2 million square feet of net lettable area (NLA) is expected to come onstream in Singapore's central busine...

(SgNA)Singapore residents praise dissident’s ru...

SINGAPORE: Singapore supporters of outspoken opposition politician Chee Soon Juan have told Bikyamasr.com that they are ex...

PROPERTY investors are paying close attention t...

stproperty.sg 26 Nov '12, 4am

PROPERTY investors are paying close attention to Tai Seng, an industrial area whose appeal has grown markedly since the ar...

New: Singapore Property News This Week #79

propwise.sg 29 Nov '12, 2pm

The seven BTO projects launched includes Fengshan GreenVille in Bedok (featuring 1,058 units), Ghim Moh Edge (1,179 flats)...

A RECORD price has been set for hotel land in S...

stproperty.sg 25 Nov '12, 4am

A RECORD price has been set for hotel land in Singapore - $1,167.35 per square foot per plot ratio (psf ppr). This is for ...

Singapore-based Hersing Corporation adopts Offi...

mis-asia.com 22 Nov '12, 7am

Singapore-based Hersing Corporation adopts Office 365 Jack Loo | Nov. 22, 2012 The real estate company reduces IT costs by...

Looking for landed property for rent? Check out...

propertyguru.com.sg 26 Nov '12, 6am

Browse the Latest Singapore Landed House For Rent . Simply Scroll to View the Latest Landed House Listings on the Market. ...

Property Guru brings to you effective, accurate...

propertyguru.com.sg 20 Nov '12, 12pm

Ask Guru - Get Answers to Your Questions From Professional Real Estate Experts Angela Chua Contact Agent Q: What is the am...

Interested in #rental data for private and public housing? #HDB #privatehousing #property #propertysg

Interested in #rental data for private and publ...

iproperty.com.sg 26 Nov '12, 10am

To give landlords and tenants a more complete picture of their options, the authorities will be releasing rental data for ...

(SgNA)The Real Singapore told twice to apologis...

A website reporting on Singapore news has been asked by Defence Minister Ng Eng Hen’s lawyer to apologise not once, but tw...