Research

Road to recovery

Singapore real estate outlook 2021

February 03, 2021
With the economy expected to rebound, coupled with optimism surrounding the availability of COVID-19 vaccination, the availability of ample liquidity and the pressure to deploy, Singapore’s property investment sales market is poised for a pickup in 2021.
This report highlights how 2021 will pan out for the Singapore property market and which segments of the investment sales and leasing markets will take lead in the road to recovery.

Here’s a sneak peek on the bright spots we see emerging

Office

Technology and asset management firms to drive demand growth.

Logistics/Warehouse

Near term demand boost from vaccine logistics/storage and tapering supply to underpin rent growth from 2022.

Hospitality

Domestic tourism and MICE recovery on the back of the city-state’s competent pandemic management to spur demand for hotel rooms.

Retail

Gradual relaxation of distancing measures and resumption of travel should underpin demand and sales growth.

Residential

Prices are likely to appreciate gradually due to firm underlying demand and healthy affordability levels.

Property Investment Sales

Ample liquidity, pent-up demand and low interest rates to boost sales.

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On-demand webinar

On 21 January 2021, we brought together experts to share their view on Singapore’s real estate outlook and how the different real estate sectors are likely to fare as Asia rebounds from recession.
Find out what they have to say about the outlook, insights and predictions for Singapore’s real estate in 2021.

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