Escalating US-China dispute will weigh on Singapore retail, industrial property markets: Colliers

THREATS from frayed US-China trade relations and a gloomy economic outlook could stifle any recovery for Singapore’s retail and industrial property markets in the near term, according to two research reports released by Colliers International on Wednesday.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to news@agent.sg so our editors can use them as sources.


Both reports examined the performance and outlook for Singapore's two property segments during the first half this year.

Tricia Song, Colliers' head of research for Singapore, said: "With the dimmer economic outlook ahead, we expect the retail and industrial property markets to face some pressure. A prolonged economic downturn, should it happen, will likely crimp consumer confidence, resulting in cutbacks on discretionary spending among households.

"Meanwhile, industrialists may be more cautious about their space needs and could shelve expansion plans. That said, there are pockets of opportunities for investors in both markets that will likely provide a decent yield."

 

Read the full article here »


More real estate news from Singapore


Previous news selection:

Singapore condo resale prices ease further in July, volume spikes: SRX


About Agent.sg Daily Property News Selection

Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.

Contribute

If you also want to share an amazing article that you come across and it fits in the real estate/economy topics, just let us know in the e-mail. We don't guarantee to publish all, but we will some of them for sure. If you want us to bring out your own article, please contact us at news@agent.sg. Some references would also be highly welcome to send us from among your previous publications.

Advertise

Are you looking for some online distribution channels? You find one. Haven't you found a place for your traditional means of advertisement, like PR article or display banner? You've never been so close, just e-mail us at news@agent.sg and our colleague will get in touch with you.