23 Nov '17, 12am

The Top 5 Markets for #Investment in 2018

Investors believe Singapore’s commercial and residential markets have bottomed Singapore – The promise of a bottom in Singapore’s office market has caused its ranking as an investment market to soar from next-to-bottom last year to third in this year’s Emerging Trends in Real Estate® Asia Pacific 2018 report, a real estate forecast jointly published by the Urban Land Institute (ULI) and PwC. After two years of declining rents caused by a sluggish economy and a glut of supply, investors believe Singapore’s commercial and residential markets is near its bottom. Office rents in Singapore have firmed probably earlier than expected, while completion of the region’s biggest office deal in September 2017 has now galvanized the local market and set a floor for valuations. Several core office transactions have taken place this year, with foreign funds buying actively. The residenti...

Full article: https://www.iproperty.com.sg/news/the-top-5-markets-for-i...

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