CBRE β Singapore Real Estate Market Outlook, 2025
Summary
The report by CBRE "Singapore Real Estate Market Outlook, 2025" analyzes trends and forecasts in Singapore's real estate market.
The GDP growth for Singapore is projected to be between 1-3% in 2025, slower than the previous year. Challenges include protectionist U.S. policies, slower growth among trading partners, and potential geopolitical tensions. Despite these, the manufacturing sector recovery is expected to sustain early into 2025. The office market shows improvement but faces concerns with lease expiries and low precommitment levels. Industrial and logistics sectors see uneven growth due to cost pressures and supply chain disruptions. Retail expansion is supported by a recovery in tourism, while residential markets stabilize with improved buying sentiment. Singapore remains a top investment destination in APAC, with transaction volumes expected to recover amid potential rate cuts.
Region:
Global
Published:
February 2025
Author(s):
CBRE
Language:
English