News

"CBRE and Savills Singapore, as joint marketing agents, are pleased to jointly offer an exclusive opportunity to acquire Weave Suites - Midtown – an iconic and meticulously restored heritage hospitality asset strategically located at 17–49 Jalan Sultan, in the heart of Singapore’s vibrant Bugis / Ophir-Rochor corridor via an Expression of Interest exercise."

"Vietnam and Singapore have risen in ranking to 22nd and 26th respectively.  "

"• Savvy buyers have taken advantage of significant value on offer across the prime markets, in a less competitive “buyer’s market”• Prime Central London values fell by -3.7% in the year to June as buyer profiles changed in response to changed tax environment• With families less inclined to move out of the Capital – prime values in outer London proved more resilient (-0.5% on the quarter, and 0.0% on the year)• Outside of London values sit -2.7% on the year, with biggest adjustments in prime coastal markets and the fringes of the commuter zone, while values in Scotland and the North of England remain resilient"

"Savills Singapore is pleased to announce the exclusive launch of Vita Living Circle Square, a standout residential development in the vibrant heart of Manchester’s city centre. For the first time, this sought-after property – previously reserved for institutional investors – is now available to individual buyers seeking strong rental returns and a foothold in one of the UK’s fastest-growing urban districts."

"In its latest Global Capital Markets reports, Savills has examined the likely short and long-term impacts of recent macroeconomic and geopolitical uncertainty, concluding that globally the fundamentals of theoffice and industrial marketsremain sound long-term. "

"Prime rents are still in demand even as the overall average monthly rents remained flat in Q1 Savills maintains outlook for prime retail rents at upper end, suburban malls at lower end of forecast  "

"Savills’ basket of 30- and 60-year leasehold property prices posted stronger growth in Q1 2025 outlook for factory rents expected to be between 0% to 3%  "

"Vacancy rate dropped marginally to 6.5% quarter-on-quarter in Q1"

"Non-landed residential sales among Singapore permanent residents increase for second consecutive quarter in Q1/2025"

"Savills Singapore strengthens its leadership team with the appointment of Cheng Su Chen as Group Managing Director (Savills Property Management & Facilities Services) and other senior promotions to accelerate operational integration and growth in the Property Management and Facilities Services business.  "