Category: Opinions
Better than Expected Economic Growth Leading Office Rental Market?
September 5, 2017
The Ministry of Trade and Industry of Singapore (MTI) recently revised and narrowed the band of GDP growth of Singapore from ‘1% to 3% to ‘2% to 3%’ – a sign of better times to come in Singapore; at least in the third and final quarter of 2017. The sectors that experienced growth on a […]
Retail landlords dressing up malls with innovative concepts to draw patrons
July 22, 2016
Prime retail rent fall in the City but remained stable in City Fringe and Suburban areas Prime retail rents islandwide decreased by 2.3% y-o-y to $31.20 per sf per month but remained unchanged from the preceding quarter based on the latest research report by Knight Frank Research released on the 1 July 2016. While retail […]
3rd Precinct in Singapore’s 2nd Central Business District
July 18, 2016
URA unveils a third precinct at Jurong Lake District – Singapore’s Second Central Business The government has recently announced a third precinct – Lakeside Gateway in Jurong East, Singapore’s second Central Business District in addition to the existing Jurong Gateway (57 ha) and Lakeside (191 ha). At 112 hectures and comprising mostly the land currently occupied by Jurong […]
Dedicated Servers v Cloud Servers
February 22, 2016
As cost of operating businesses escalates in Singapore especially in recent years, many companies are looking for ways to reduce their fixed overheads while maintaining a productive work force. As office space leasing agents, we constantly encounter management executives looking at ways to make Information Technology Systems (IT Systems) within the company run more efficiently, […]
Open Office – Debunking its Myth about Productivity
July 27, 2015
The open office concept originally started by a team from Hamburg, Germany in the 1950s, in the bid to improve communication and flow of ideas in the workplace. Removing all ‘barriers’ between employees and their bosses was somewhat thought about as a strategy to increase productivity and team work, i.e. the bosses now have direct […]
Are You Being Treated Fairly by Landlords? Fair Tenancy Framework
June 25, 2015
The Singapore Business Federation(SBF) published the Fair Tenancy Framework on the 20 January 2015 with the intention of leveling the playing field between landlords and tenants in small, medium enterprises in the commercial, industrial, retail and F&B activities. With a clear set of leasing guidelines and negotiation principles, tenants of small medium enterprises (SMEs) are […]
Is your business suited for a business park?
June 3, 2015
Business parks play an important role in Singapore’s economy. Here’s some useful knowledge and information about business parks that could help you decide if your business is suitable to be located at one. What is a business park? When Singapore went through a period of rapid industrialization in the 70s and 80s, more companies adopted […]
The Perils of investing in Strata-Titled Offices
May 28, 2015
Investing in the commercial office market does seem to be lucrative at face value. But objectively, is that really the case? Strata-titled offices – office units on individual titles on various tenures are sold to investors/occupiers – have become a popular trend in Singapore. Property investors, both local and overseas, rode the wave of investing in […]
High Speed Rail – Jurong Lake District
May 19, 2015
The Kuala Lumpur-Singapore high speed rail terminus will be located in Jurong East, on land currently occupied by Jurong Country Club. The 67-ha of land will be acquired by the State under the Land Acquisition Act as stipulated by law. As of 12 February 2007, the State will compensate the landowner based on what a […]