Freelance Research Analyst

Tay Hock Meng

Thematic (Sector/Industry)

The latest Urban Redevelopment Authority (URA) final statistics for the office property sector for 2015 looks set to be another bummer for 2016 with a rise of 9.4% quarter-on-quarter (qoq) in pipeline supply to 10.69 million sq ft coming in during 4Q2015 and perhaps more in 2016. If any of Insight providers are users of Bloomberg, you might have come across the “Gadfly” article by Andy Mukherjee this week that talked about how developers have outgrown their development of office spaces in Singapore without thinking about any possibility of global economic slowdown ahead.

The latest Urban Redevelopment Authority (URA) final statistics for the office property sector for 2015 looks set to be another bummer for 2016 with a rise of 9.4% quarter-on-quarter (qoq) in pipeline supply to 10.69 million sq ft coming in during 4Q2015 and perhaps more in 2016. If any of Insight providers are users of Bloomberg, you might have come across the “Gadfly” article by Andy Mukherjee this week that talked about how developers have outgrown their development of office spaces in Singapore without thinking about any possibility of global economic slowdown ahead.

Gloomy Forecast Ahead for Office Property Sector in Singapore

Asia's Leading Online Property Group, PropertyGuru

Bjorn Sprengers

Asia's Leading Online Property Group

PropertyGuru

PropertyGuru Pte Ltd owns and operates a real estate property information website. The Company offers facilities to search for condominiums, apartments, Housing and Development Board (HDB) flats, serviced apartments, houses, and commercial properties to rent and buy in Singapore.

It’s time to take a look back on how the real estate market performed in 2015. Although there are some early signs of recovery, sellers should not be rejoicing yet:<ul><li>Right pricing was the key to moving projects in 2015</li><li>Transaction volumes have improved in 2015 for the private non-landed segment, but prices are continuing their decline</li><li>While the income ceiling for ECs were raised, it was only when developers gave bigger discounts that we saw some of the older EC projects moving</li><li>Decline in HDB resale pricing slowed down and volumes have picked up, but its too early to declare a recovery</li></ul>

It’s time to take a look back on how the real estate market performed in 2015. Although there are some early signs of recovery, sellers should not be rejoicing yet:Right pricing was the key to moving projects in 2015Transaction volumes have improved in 2015 for the private non-landed segment, but prices are continuing their declineWhile the income ceiling for ECs were raised, it was only when developers gave bigger discounts that we saw some of the older EC projects movingDecline in HDB resale pricing slowed down and volumes have picked up, but its too early to declare a recovery

Leading Independent Investment Research, Morningstar, Inc.

Morningstar

Leading Independent Investment Research

Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. 

Morningstar provides data on more than 500,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 16 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than $180 billion in assets under advisement or management as of June 30, 2015. We have operations in 27 countries.

Download the Morningstar Fact Sheet : http://corporate.morningstar.com/US/documents/MarketingFactSheets/AboutMorningstarFactsheet.pdf

Equity Bottom-Up

<a href="https://www.smartkarma.com/entities/1047" target="_blank" data-smartkarma-citation="entities:1047">Singapore Exchange</a> is a fully integrated financial exchange offering listing, trading, settlement and clearing of equities and derivatives.The attractiveness of its listings and the development of derivative instruments will be key earnings drivers going forward, as will the preservation of its competitive advantages.Analysts: Michael Wu &amp; Iris Tan

Singapore Exchange is a fully integrated financial exchange offering listing, trading, settlement and clearing of equities and derivatives.The attractiveness of its listings and the development of derivative instruments will be key earnings drivers going forward, as will the preservation of its competitive advantages.Analysts: Michael Wu &amp; Iris Tan

The Development of Unique Derivative Products Is Key To Singapore Exchange's Competitive Position.

The latest 4Q2015 private housing flash estimates from Urban Redevelopment Authority (URA) showed prices for overall private residential properties dipped by 0.5% quarter-on-quarter (qoq), a smaller decline than the 1.3% qoq decline in 3Q2015. For the whole of 2015, private property prices dipped by 3.7%, and are smaller than the 4% decline in 2014. These numbers are increasingly showing a gradual recovery in private property prices in Singapore, but not all market observers have signalled that it is the end of the gloom and doom that dominates in the overall private property market since 2013.

The latest 4Q2015 private housing flash estimates from Urban Redevelopment Authority (URA) showed prices for overall private residential properties dipped by 0.5% quarter-on-quarter (qoq), a smaller decline than the 1.3% qoq decline in 3Q2015. For the whole of 2015, private property prices dipped by 3.7%, and are smaller than the 4% decline in 2014. These numbers are increasingly showing a gradual recovery in private property prices in Singapore, but not all market observers have signalled that it is the end of the gloom and doom that dominates in the overall private property market since 2013.

Is the Worst over for Private Residential Housing in Singapore

The latest list of confirmed and reserve industrial sites under the 1H2016 industrial government land sales (IGLS) programme  by Singapore’s Ministry of Trade and Industry (MTI) takes a look at the start of a trend of smaller increases of land allocated for industrialists. A total of six sites in the confirmed list and four sites in the reserve list totalling 12.24 ha is offered, as compared to ten confirmed sites and four reserve sites totalling 14.3 ha in 2H2015. In 1H2008, a total of 9.28 ha of land were released in the confirmed and reserve lists.

The latest list of confirmed and reserve industrial sites under the 1H2016 industrial government land sales (IGLS) programme  by Singapore’s Ministry of Trade and Industry (MTI) takes a look at the start of a trend of smaller increases of land allocated for industrialists. A total of six sites in the confirmed list and four sites in the reserve list totalling 12.24 ha is offered, as compared to ten confirmed sites and four reserve sites totalling 14.3 ha in 2H2015. In 1H2008, a total of 9.28 ha of land were released in the confirmed and reserve lists.

What Is in Store for 1H2016 Industrial Land Sales Programme

Singapore

Singapore Exchange Limited owns and operates Singapore's Securities and derivatives exchange and their related clearing houses.  The Company also provides ancillary securities processing and information technology services to participants in the financial sector.

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Gloomy Forecast Ahead for Office Property Sector in Singapore

The latest Urban Redevelopment Authority (URA) final statistics for the office property sector for 2015 looks set to be another bummer for 2016...

Tay Hock Meng

Property Market Retrospective 2015

It’s time to take a look back on how the real estate market performed in 2015. Although there are some early signs of recovery, sellers should not...

PropertyGuru

The Development of Unique Derivative Products Is Key To Singapore Exchange's Competitive Position.

Singapore Exchange is a fully integrated financial exchange offering listing, trading, settlement and clearing of equities and derivatives.The...

Morningstar, Inc.

Is the Worst over for Private Residential Housing in Singapore

The latest 4Q2015 private housing flash estimates from Urban Redevelopment Authority (URA) showed prices for overall private residential properties...

Tay Hock Meng

What Is in Store for 1H2016 Industrial Land Sales Programme

The latest list of confirmed and reserve industrial sites under the 1H2016 industrial government land sales (IGLS) programme by Singapore’s...

Tay Hock Meng

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)