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.

Asia's Leading Online Property Group

Asia's Leading Online Property Group, PropertyGuru

Bjorn Sprengers

Thematic (Sector/Industry)

Singapore Financials / Thematic (Sector/Industry)

<p>Events that have transpired in recent times appear to have a strong bearing on the outlook for Singapore&rsquo;s strata office space demand:</p><ul><li>Amid economic and business uncertainties that eventually led to&nbsp;thinning demand for office spaces in&nbsp;the city-state, the office market is&nbsp;facing more challenges</li><li>The current market conditions have&nbsp;not only affected the leasing segment&nbsp;but the sales front as well &mdash; the latter&nbsp;has suffered muted demand on the&nbsp;back of rising stock and vacancy rates&nbsp;in recent months</li><li>Given the unforeseen obstacles, market experts now predict the office market will at best remain muted, in general, with strata office sales expected to stay flat for the rest of the year</li><li>In this insight, we shed light on sales trends in Singapore&rsquo;s strata office&nbsp;market and find out what headwinds it faces, as well as what to expect</li></ul>

Events that have transpired in recent times appear to have a strong bearing on the outlook for Singapore&rsquo;s strata office space demand:Amid economic and business uncertainties that eventually led to&nbsp;thinning demand for office spaces in&nbsp;the city-state, the office market is&nbsp;facing more challengesThe current market conditions have&nbsp;not only affected the leasing segment&nbsp;but the sales front as well &mdash; the latter&nbsp;has suffered muted demand on the&nbsp;back of rising stock and vacancy rates&nbsp;in recent monthsGiven the unforeseen obstacles, market experts now predict the office market will at best remain muted, in general, with strata office sales expected to stay flat for the rest of the yearIn this insight, we shed light on sales trends in Singapore&rsquo;s strata office&nbsp;market and find out what headwinds it faces, as well as what to expect

Pacific Century Regional Developments (PAC SP)

Maxi Cash Financial Services Corp (MCFS SP)

Reenova Investment Holding Limited (ISR SP)

FTSE Straits Times Index (STI) (STI INDEX)

Sabana Shari'ah Compliant Industrial REIT (SSREITR SP)

Sabana Shari'ah Compliant Industrial REIT

Muted demand for strata office