Knight Frank Singapore

Wishing all our colleagues who celebrate this festive season a time of joy, reflection and togetherness as they enjoy moments with their family and friends. Happy Eid!

Knight Frank's Head of Research Leonard Tay shared his observations with Cecilia Chow from EdgeProp Singapore about pent-up demand from buyers in view of pricing gaps between Core Central Region (CCR), the Rest of Central Region (RCR) and the Outside Central Region (OCR) properties. He adds that Singaporeans have benefitted from steadily improving affluence in the past decade where household balance sheets are strong and liquidity healthy, against manageable debt as a result of policies such as the Total Debt Servicing Ratio. Prices of new sales in the RCR and OCR appear to have caught up significantly with transactions in the CCR, which admittedly has not had as many new launches in the past year. Read the full report at https://lnkd.in/gZ5GEmTK

Jackie Cheung, ESG director for Knight Frank Singapore and Asia Pacific spoke to Yixiang Zeng, Southeast Asia correspondent at Thomson Reuters Regulatory Intelligence about how climate and environmental matters have become accountable, mature and scientifically driven. And as stakeholders are increasingly concerned about health and safety, measuring social value has become a vital part of communicating and committing to social value creation across the development lifecycles. Read the full article at https://lnkd.in/g_f-cZVf

Following the close of our FY2425, our colleagues Jason Chan and Chalene L. from the Consultancy team and Sim Li Wei and Kai Jie Koh from the Research team presented Knight Frank's house view on the outlook for the private residential, retail, office, and industrial markets in Singapore in the year ahead. Key highlights: ♦️Non-landed new residential sales volume is likely to range between 7,000 and 9,000 in 2025, with overall non-landed home transactions from 19,000 to 23,000. ♦️ With the increased craving for new retail products and experiences, consumers are increasingly attracted to novelty. International brands continue to enter the market, with many favouring central locations. ♦️ Office landlords are increasingly willing to incentivise by selectively providing office fit-outs among smaller occupiers. ♦️Stable manufacturing and new investments will support demand for factory spaces in 2025. While the business park landscape will remain challenging; prices and rents of warehouse properties are expected to be stable. Click to read the full report: https://lnkd.in/gj9KyHkR Leonard Tay Alice Tan

Our Knight Frank Property & Facilities Management Strata Management team was invited to attend the recent 2025 Forum on Condominium Management showcasing insights on MCST operations, legal decisions, effective meetings, and conflict resolution. A key highlight was Managing Director Eleana Teo sharing her years of expertise through her presentation, Conducting Effective Meetings, which emphasized three key areas: ♦️Preparation – Setting the stage for a productive discussion ♦️ Meeting Procedures – Ensuring efficiency and clarity ♦️Engaging Attendees – Fostering meaningful participation Jin Ghee Chua, Business Unit Head, joined the panel discussion on condominium living, sharing his industry expertise and perspectives. This forum was an incredible opportunity for the team to learn from industry experts, exchange insights, and stay ahead in delivering exceptional strata management services. Grateful for the continuous learning that empowers us to better serve our clients. Priscilla Chan Kim Fong Loh Nallathamby Singordan Nicole Marie James

Knight Frank Singapore CEO Galven Tan shared with Therese S. at The Business Times some findings from the recent launch of our flagship publication The Wealth Report, indicating how family offices in Singapore and Asia-Pacific are eager to raise their real estate stakes despite macroeconomic uncertainty. The report, which surveyed 150 family offices with 51 per cent headquartered in Asia-Pacific, also revealed that real estate investment appetite is growing among family offices as the sector offers both growth and wealth preservation. Galven echoed these sentiments, highlighting why Singapore attracts such investors and how property investment has evolved beyond the domains of institutional players and developers. More at: The Business Times https://lnkd.in/g679kjzy Berita Harian Singapura https://lnkd.in/gKTtt9nx Download The Wealth Report here: https://lnkd.in/fvjga6H #TheWealthReport2025 #TWRR25 #KnightFrank #Investment #RealEstate #Wealth #PrivateCapital

Our International Project Marketing team is pleased to market South London's latest residential property promising an exceptional living experience. Located in London SE1, Bermondsey Place offers easy access to central London being just a 16-minute walk to Zone 1. Central to the £10 billion regeneration of Old Kent Road, with the Bakerloo line station extension within walking distance, it is conveniently accessible to trendy cafés, upscale restaurants, boutique shopping, and iconic landmarks such as the Tate Modern, Bond Street, One Tower Bridge and the world-famous Borough Market. A short walk away lies Burgess Park, the largest one in the area that serves as a recreational venue with facilities including a tennis courts, a fishing lake and a cricket pitch. Residents will enjoy boutique living that reflects the demands of a modern lifestyle. Bespoke designer kitchens, exquisite finishes and furnishings and well thought-out spaces enhance city living while facilities such as a concierge, gym, co-working space and podium gardens complement busy lifestyles. Beyond this, the development's landscape design features water-themed elements like Lenior structures, play spaces, a podium garden and roof terraces as a nod to the iconic Grand Surrey Canal and River Thames, celebrating the area's rich history and vibrant culture, Don't miss the opportunity to enjoy first mover advantage with this first-ever release launch. Contact Nicholas Keong | Clarice Lau | Yvonne Chen for a preview ahead the development launch in Singapore on 12 and 13 April 2025.

Knight Frank Singapore's Head of Residential and Private Office Nicholas Keong spoke with Bapat Sara Manish at The Business Times about the investments of passion that made it onto the Knight Frank Luxury Investment Index (KFLII). Handbags, jewellery and coins topped the list, followed by watches and classic cars. Nicholas attributes the slight decline in KFLII to appetites for rare collectibles taking a breather in view of unfolding world events, but highlighted Singapore's continuing appetite for fine wines. Read: https://lnkd.in/gwTw7Q4A https://lnkd.in/gee2S_VV Download The Wealth Report here: https://lnkd.in/fvjga6H #TheWealthReport2025 #TWRR25 #KnightFrank #Investment #RealEstate #Wealth #PrivateCapital

Knight Frank's Head of Research Leonard Tay shared his views with Kalpana Rashiwala from The Business Times around how the government has raised land betterment charge rates on average to nearly 3 per cent for commercial, residential, industrial and hotel use groups for the next six months. The rate rise could be due to strata office deals in Tong Building along Orchard Road, and that investor interest from both institutional and private wealth in the living sectors could be driven up by factors such as the steadily increasing number of tourist arrivals to Singapore. Read the full report at https://lnkd.in/g5Qf4m2a

Alice Tan, Head of Consultancy at Knight Frank Singapore, shares her real estate scorecard outlining how key challenges in the market can be addressed, while encouraging Singapore’s sustainable urban development. Key insights: ♦️The impact on office rents and demand for existing mixed-use projects in the CBD is likely to be minimal for the next three to four years, as gestation time is required for new office supply to come online from the fine-tuned CBD scheme. ♦️ Developers should study the market potential of SA2 scheme in the CBD, and devise technical possibilities to reduce the environmental impact of redevelopment and evaluation period by the authorities on carbon emissions reduction. ♦️Redevelopment plans, which must now include SA2 options, will promote added flexibility in terms of residential users. This will inject vibrancy, resulting in the creation of different types of dwellers in the CBD area. Read the article here: https://lnkd.in/dXdmnntk