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• The investment sales volume rose for a fi fth consecutive quarter, up by 62.0% quarter-on-quarter (QoQ) to S$6.18 billion in the second quarter of the year. Compared with the same period last year, investment sales nearly tripled from the low base established when Singapore was under the Circuit Breaker period.
• Residential investment sales constituted the largest proportion of total investment sales of 48.6% in the quarter, increasing by 60.0% to S$3.0 billion.
• Investment sales in the commercial segment continued to grow by 57.5% to S$2.24 billion, with the increment largely attributed to the 75.7% expansion in offi ce investment sales due to more block transactions.
• With stronger performance of the manufacturing sector and growth in the e-commerce and logistics sectors, the industrial segment registered close to S$924.0 million in Q2/2021, up 88.2% from the previous quarter.
• As the vaccination program progresses and with Covid-19 infections in Singapore under control, investor sentiment is expected to remain strong, and this may lead investment sales to return to pre Covid-19 levels in the near future. Yields will compress further as capital piles into the limited stock of investable assets.
Download the Report Read MoreThe COVID-19 pandemic has changed the way we live and work. Long-running conversations surrounding the traditional office model have only proliferated in recent times. In response, we are now seeing new trends in strategies for corporate real estate arise from businesses around the world. When asked about expectations of change in their total amount of space in global portfolios, APAC respondents from the (Y)OUR SPACE 2021 global survey* have been more bullish than their global counterparts. 30% more APAC respondents said that they are likely to increase rather than decrease space. Comparatively, there are 5% more global respondents who are likely to decrease their portfolios than increase.
Download the Report Read MoreThe Asia Pacific (APAC) region is experiencing a boom in infrastructure investing. The Infrastructure sector in countries that include India, Indonesia, China, Australia, Philippines, Myanmar, Vietnam, Thailand and Singapore is expected to grow 7% to 8% per year over the next decade.
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https://www.ssctech.com/resources-insights/brochures/view/apac-infrastructure-boom-drives-demand-for-technology-enabled-service-providers
