February 2024


Orchard Road Retail Rents to Grow Between 3%-5%, While Surburban Malls Remain Flat In 2024

Orchard Road Retail Rents to Grow Between 3%-5%, While Surburban Malls Remain Flat In 2024

27 February 2024

Nearly 100% More Supply of New Retail Space Coming Online Per Year From 2024 To 2027 (872,000 Sq Ft) Vs 2019 To 2023

 
 
Savills Appointed to Sell Hotel101 in Niseko – First Hotel in World to Feature Only One Type of Room

Savills Appointed to Sell Hotel101 in Niseko – First Hotel in World to Feature Only One Type of Room

27 February 2024

Savills Singapore has been appointed to market Hotel101-Niseko – a unique freehold investment asset in the “St. Moritz of the East” – Niseko, Japan. 

 
 
Savills Appointed to Sell Falcon - New Development in Manchester’s Victoria North

Savills Appointed to Sell Falcon - New Development in Manchester’s Victoria North

26 February 2024

Savills Singapore has been appointed as the sole agent for Falcon – Far East Consortium’s (FEC) new 189-home development in Manchester’s Victoria North.

 
 
For Sale: Two-Storey Tastefully Refurbished F&B Shophouse in the CBD At $8.8 Million

For Sale: Two-Storey Tastefully Refurbished F&B Shophouse in the CBD At $8.8 Million

21 February 2024

Savills Singapore, the exclusive marketing agent, is pleased to offer for sale a two-storey tastefully refurbished shophouse with F&B approval at 201 South Bridge Road via an Expression of Interest (EOI) exercise.

 
 
2024 Rentals for Private Residential Property Expected to Drop 5% Year-on-Year

2024 Rentals for Private Residential Property Expected to Drop 5% Year-on-Year

20 February 2024

2023 Leasing Volume Lowest In Seven Years Since 2016, 8.9% Lower Than In 2022

 
 
Savills Appointed as Sole Agent for the Sale of THE NATE, Tsim Sha Tsui, comprising a Retail Podium and Co-living Residential Units, with a Market Price of HK$550 Million

Savills Appointed as Sole Agent for the Sale of THE NATE, Tsim Sha Tsui, comprising a Retail Podium and Co-living Residential Units, with a Market Price of HK$550 Million

20 February 2024

International real estate firm Savills is appointed as Sole Agent for the sale of a whole block building – The Nate, Tsim Sha Tsui (“The Property”). The Property comprises of G/F – 4/F as retail podium and 5/F – 12/F as co-living residential units with a total gross floor area of approximately 32,000 square feet. It is being sold on “as-is” basis with existing tenancies, and the final expressions of interest submission deadline is scheduled for 12:00 noon on 26 March 2024 (Tuesday).

 
 
Savills Appointed as Sole Agent for the Sale of the Single Lot House at Moorsom Road, Jardine’s Lookout

Savills Appointed as Sole Agent for the Sale of the Single Lot House at Moorsom Road, Jardine’s Lookout

19 February 2024

International real estate firm Savills is appointed as the sole agent for the sale of the single lot house at 15 Moorsom Road, Hong Kong ("The Property"). The Property comprises a 3-storey family house with 2 parking spaces, occupying a site area of approximately 4,045 square feet and a saleable area of approximately 3,154 square feet.

 
 
2023 New Private Residential Sales Volume Lowest In 16 Years, Dropping By 9.6% For Second Consecutive Year

2023 New Private Residential Sales Volume Lowest In 16 Years, Dropping By 9.6% For Second Consecutive Year

15 February 2024

Foreign Purchases of Non-Landed Property Fell to New Low In 30 Years in Q4 By 23.2%; YOY Decline Lowest In 27 Years By 33.3%

 
 
2024 Forecast for Private Non-Landed Residential Rental May Drop To 5% Year-on-Year

2024 Forecast for Private Non-Landed Residential Rental May Drop To 5% Year-on-Year

02 February 2024

Highest Median Rental In Q4 - District 1 (Boat Quay/marina/raffles Place) At $9,000 Per Month For A 3 Bedroom Unit

 
 
Singapore Amongst 17 Cities Forecast to See Residential Price Falls In 2024 According to Savills’ World Cities Prime Residential Index

Singapore Amongst 17 Cities Forecast to See Residential Price Falls In 2024 According to Savills’ World Cities Prime Residential Index

01 February 2024

Singapore is among 17 global cities forecast to see residential price falls in 2024, according to the Savills’ World Cities Prime Residential Index.

 
 

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