Remembering Lee Kuan Yew - Thank you - The nation with you in your final journey - See u in heaven

Remembering Lee Kuan Yew - Thank you - The nation with you in your final journey - See u in heaven
Presented to you by Property Smart Investor- A Real Estate Online Education and Discussion

Sunday, 26 July 2015

Rents down, vacancy rate up for retail space in Q2 : URA

Rents down, vacancy rate up for retail space in Q2 : URA 
Rents down, vacancy rate up for retail space in Q2 : URA 


SINGAPORE - Prices and rentals of retail space both dipped by 0.5 per cent in the second quarter of this year, according to data from the Urban Redevelopment Authority on Friday.
It was the second straight quarter of rental decline and comparable to the level seen early last year. Prices had stayed stable in the first quarter.
Vacancy rate of retail space rose 0.4 percentage points to 7.2 per cent for the second quarter, the highest in over four years.
SINGAPORE - Prices and rentals of retail space both dipped by 0.5 per cent in the second quarter of this year, according to data from the Urban Redevelopment Authority on Friday.
It was the second straight quarter of rental decline and comparable to the level seen early last year. Prices had stayed stable in the first quarter.
Vacancy rate of retail space rose 0.4 percentage points to 7.2 per cent for the second quarter, the highest in over four years.
Office prices rose 0.3 per cent in the quarter, after falling 0.1 per cent in the first quarter.
Vacancy rate of office space dipped by 0.4 percentage points to 9.8 per cent for the second quarter.
The Straits Times / Business                                                       Published on Friday, 24 July 2015     By Rennie Whang                              Rents down, vacancy rate up for retail space in Q2 : URA   
 Please click the following for other Related Readings:



Public housing market showing clean signs of stabilisation

Fancy paying HDB Studio price for a columbarium niche

Sengkang temple site re-tender draws 4 bids

Demand up for high-end homes except for those on Sentosa

Amber Park's third en-bloc attempt fails

Prefab requirement dampens bids for West Coast Vale site

Tailoring insurance to suit needs

S'pore's private home vacancy rate soars to 7.9% in Q2, highest in nearly 10 years











Parliament: Ramp up in building of BTO flats has not compromised quality, says Desmond Lee