Commentaries / Op-Eds
2021
新加坡国立大学房地产与城市研究院（IREUS）昨天公布11月份房地产价格指数（NUS SRPI）的预估数据显示，整体转售价格指数达到164，是该指数自2009年3月以来的最高纪录。
Lianhe Zaobao, 29 Dec 2021
In part, the most recent round of cooling measures are aimed at addressing the spike in resale HDB prices. Professor Sing Tien Foo expects the gap between sellers' asking prices and buyers' to narrow in 2022.
The Straits Times, 27 Dec 2021
En bloc hopefuls are pressing ahead with tender exercises despite a more onerous landscape arising from the property cooling measures. Professor Sing Tien Foo tells Channel NewsAsia that "bigger plots will get more and more difficult (to work with) because of the 35 per cent ABSD. To sell big projects – above 500 units – is quite challenging".
Channel NewsAsia, 22 Dec 2021
用一个吹得非常胀的气球来做比喻，这次的措施，能帮助释放一些空气，才不会因继续充气而爆裂。政府这次的重拳出击，多管齐下干预房市，将能为紧绷的房地产市场解压。
Lianhe Zaobao, 21 Dec 2021
In their commentary in TODAY newspaper, Professor Sing Tien Foo and Dr Lee Nai Jia say that the stricter TDSR “will restrict the liquidity and financing options of those buying their second and subsequent properties” while banks, on the other hand, are protected against “excessive financial risks, especially those with high exposure to real estate debt”.
TODAY, 17 Dec 2021
The latest slew of “harder hitting” cooling measures is also anticipated to slow down the brisk en bloc market. Dr Lee Nai Jia noted that strong en bloc activity tends to push home prices up. "As owners withdraw their listings in anticipation of a collective sale, supply in the open market diminishes, which generates a multiplier effect in demand and prices," he told The Business Times.
The Business Times, 16 Dec 2021
Lowering the LTV limit on HDB loans for new and resale public housing flats will help to reign in the inflation of resale HDB prices, which have seen a more than 13% rise since the fourth quarter of 2020, said Professor Sing Tien Foo.
The Straits Times, 16 Dec 2021
Cooling measures kicked in without warning to check a highly bullish property market. Professor Sing Tien Foo opines that the heftier 30% ABSD rate may help dampen the strong inflow of foreign capital into the higher-end private housing market.
The Business Times, 16 Dec 2021
A brownfield site in Alexandra has been set aside for the development of 1,500 HDB flats. While demand is anticipated to be robust due to the site's central location and accessibility to facilities and amenities, Dr Lee Nai Jia proposes to add social value by introducing some flexi 2-room units with palliative care for the single elderly.
The Business Times, 15 Dec 2021
From colonial backwater to thriving metropolis. Amid rapid growth and urbanisation, Singapore’s public housing has managed to keep pace. Gentrification has been kept at bay, and today more than 80% of Singaporeans live in HDB flats. Professor Sing Tien Foo shares his insights.
The Straits Times, 11 Dec 2021
Notwithstanding pandemic headwinds, luxury housing sales have hit a new record. Covid-19 has not dampened buyers’ appetite for posh homes, and demand looks to remain robust for some time to come. Dr Lee Nai Jia shares his views.
The Business Times, 9 Dec 2021
Given that a previous reserve price of S$3 billion did not make the cut, will the en bloc exercise for Mandarin Gardens succeed this time? Dr Lee Nai Jia shares his views.
The Business Times, 8 Dec 2021
With a longer 10-year minimum occupation period, subsidy clawbacks and restrictions on resale, are PLH flats still attractive? Professor Sing Tien Foo and Dr Lee Nai Jia share their views in the CNA commentary.
Channel NewsAsia, 6 Dec 2021
在广泛征求公众意见后，国家发展部长李智陞宣布了新的黄金地段组屋模式（Prime Location Public Housing，简称PLH），让新加坡的公共住屋政策又迈出了大胆的一步。程天富教授和李乃佳博士在早报联合发表的文章，征对PLH模式发表了看法。
Lianhe Zaobao, 29 Nov 2021
With the remarkably bullish residential market here, will property cooling measures kick in? Dr Lee Nai Jia shares his insights.
The Business Times, 26 Nov 2021
Enjoying a choice location and close proximity to facilities and amenities at nearby Toa Payoh, will the upcoming HDB flats at Mount Pleasant come under the PLH? Dr Lee Nai Jia shares his views.
The Business Times, 23 Nov 2021
新加坡国立大学房地产（房地产系和城市与地产研究院的统称）昨天联合发布第三季房地产行情指数（Real Estate Sentiment Index，简称RESI），反映整体房地产行情的综合行情指数（Composite Sentiment Index）从今年第二季的6.7稍微放缓至6.6。
Lianhe Zaobao, 23 Nov 2021
NUS+RE survey on the Real Estate Sentiment Index suggests that the middle class seeking homes in the OCR will be most affected by a capital gains tax and estate duty. Dr Lee Nai Jia shares his insights.
The Business Times, 22 Nov 2021
In their op-ed, IREUS director Professor Sing Tien Foo and deputy director Dr Lee Nai Jia write that homes “should not be bought and sold — and then bought and sold again — as though they were some financial instruments in the stock market”.
TODAY, 3 Nov 2021
Experts from diverse backgrounds were consulted before the launch of the new prime location public housing model. Find out which ideas where mooted but didn't make the final cut.
The Straits Times, 30 Oct 2021
Positioned as a means to mitigate the "lottery effect" of prime land public housing, how does the clawing back of subsidies work and what is its implications on resale values? Professor Sing Tien Foo contributes his views.
The Straits Times, 30 Oct 2021
新加坡国立大学房地产与城市研究院（IREUS）周四发布的9月份房地产价格指数（NUS SRPI）预估数据显示，整体非有地私宅转售价格指数为162.5，环比上涨1.3%。中央区非有地私宅转售价格指数（不包括小型公寓）攀升0.5%，非中央区的则上扬1.8%，小型公寓转售价则和8月持平。
Lianhe Zaobao, 29 Oct 2021
我们研究了超过20年的实证研究数据，鉴定中国汇率政策改革所带来的财富效应，刺激了中国买家在新加坡购置私人房地产的活动。相比其他外国买家，中国买家的住房消费有更明显的炫耀性特征与行为。
Lianhe Zaobao, 29 Oct 2021
Notwithstanding pandemic headwinds, S-REITS have continued to acquire high-quality assets, with a focus on office properties and data centres located abroad. Dr Lee Nai Jia furnishes a comprehensive overview in The Business Times.
The Business Times, 28 Oct 2021
Prime location public housing (PLH) with stricter resale conditions could drive demand for other units in nearby areas that are not subject to the same rules. Dr Lee Nai Jia shares his views.
Channel NewsAsia, 28 Oct 2021
While market analysts think that the new prime-location public housing (PLH) model is unlikely to impact private residential demand, Dr Lee Nai Jia highlighted that developers acquiring prime sites would have to consider the possibility that adjoining state land parcels may be HDB sites.
The Business Times, 27 Oct 2021
Greater government subsidies for prime location public housing (PLH) may trigger a "lottery effect" when these flats eventually enter the resale market. Dr Lee Nai Jia however feels that the rate of appreciation may be slower compared with flats in prime areas that are not subject to the new restrictions.
The Straits Times, 27 Oct 2021
The 10-year minimum occupation period for new flats in prime areas could deter new families which may need to upsize with the birth of children, say analysts. Additionally, singles are not eligible to apply for these flats. Professor Sing Tien Foo shares his views.
TODAY, 27 Oct 2021
As interest rates stay persistently low and bond yields remain subdued, insurers have turned to real estate as a promising asset class to generate good income streams. Dr Lee Nai Jia notes that insurers have been actively looking for real estate assets, especially office and logistics products.
The Business Times, 27 Oct 2021
As Beijing cracks down on capital outflows and risky borrowings, Chinese developers’ overseas investments plunged to a mere USD1.9 billion this year, down from a record high of USD17.5 billion in 2017. Professor Sing Tien Foo shares his views.
South China Morning Post, 24 Oct 2021
The successful launch of Jervois Mansion, which saw 104 out of a total of 105 apartments transacted over the launch weekend, suggests that buyers are now looking at residential properties in the CCR. Dr Lee Nai Jia shares his views.
The Business Times, 19 Oct 2021
Burgeoning e-commerce and working from home have propped up the values of data centres and logistics properties. More insights from Dr Lee Nai Jia in The Business Times article.
The Business Times, 14 Oct 2021
冠病大流行的横行肆虐，并没有抑制持续强劲购房需求。在5月推出位于红山的Telok Blangah Beacon项目的70个四房式单位，收到3474份申请，平均约50人竞逐一个单位，超额申购率创下历史新高。
Lianhe Zaobao, 11 Oct 2021
Resale prices of public housing flats will likely continue to rise over the next few quarters, but at a more moderate pace. Dr Lee Nai Jia shares his views.
Channel NewsAsia, 1 Oct 2021
“Feverish demand” during the launch of Pasir Ris 8 in July had “led to a series of price hikes over the course of a day”. What needs to be done to ensure more price transparency to help homebuyers make better decisions? Dr Lee Nai Jia shares his views.
The Business Times, 30 Sep 2021
新加坡国立大学房地产与城市研究院（IREUS）昨天发布的8月份房地产指数（NUS SRPI）显示，整体非有地私宅转售价格指数为160.6，为2013年10月以来最高。
Lianhe Zaobao, 29 Sep 2021
According latest figures in IREUS’ Singapore Residential Price Index (SRPI) for July and August, the overall SRPI climbed 6.4% y-o-y and 0.8% m-o-m in August. The index measures the price movement of private residential non-landed properties in the resale market.
Edgeprop, 28 Sep 2021
In their paper "Macroeconomic Policy-Induced Wealth Effects on Chinese Foreign Housing Investments", Professors Ying Fan and Tien Foo Sing find evidence of conspicuous consumption of residential real estate in Singapore by Chinese foreign buyers who had experienced wealth effect.
ThinkChina, 27 Sep 2021
While SREITs were affected by pandemic headwinds on the whole, the industrial REITs here remained resilient, with return on average assets (ROAA) dipping only by a marginal 0.5 percentage points. Dr Lee Nai Jia delves into further details.
The Business Times, 24 Sep 2021
Different types of shopping malls have had different fortunes over the course of the pandemic. Landlord-owned malls – which enjoy economies of scale and strategic value-add from their institutional landlords – have generally fared better than strata malls. Professor Sing Tien Foo shares his views. .
The Straits Times, 23 Sep 2021
A hot property market has triggered a “recruitment war between real estate agencies” reports The Straits Times. Dr Lee Nai Jia shares his views on the agency penalty fees levied on agents who switch to another firm.
The Straits Times, 20 Sep 2021
Cautioning home buyers seeking ageing flats in the hopes of eventually reaping a profit from SERS, IREUS deputy director, Dr Lee Nai Jia says that buying a very old flat may not necessarily guarantee a windfall for the homeowner.
EdgeProp, 14 Sep 2021
With Parc Greenwich executive condominium’s high sell-through rate, Dr Lee Nai Jia notes that ECs’ price quantum attracts buyers, and that interest in the Outside Central Region remains high.
The Business Times, 13 Sep 2021
With a projected 17,000 BTO flats coming on-stream in 2022, will the supply be adequate to meet housing demand or will it be too much? What are the economic and property factors at play? Professor Sing Tien Foo and Dr Lee Nai Jia weigh in on the topic.
Channel NewsAsia, 12 Sep 2021
More shops are opening than closing in spite of the pandemic. Professor Sing Tien Foo says that going forward, landlords should refresh their tenant mix by bringing newer retail concepts and new tenants into their malls.
The Straits Times, 12 Sep 2021
UK’s open borders policy has led to strong recovery in its international education and student accommodation sectors. Australia, on the other hand, languishes as it maintains strict border controls – the international student population there, including Chinese students – has declined. Professor Sing Tien Foo adds that tensions between Canberra and Beijing will further confound the situation.
South China Morning Post, 8 Sep 2021
Commentary: Singapore property agents' transaction data now available for all residential properties
With property agents’ complete residential track records now accessible to buyers and sellers, Dr Lee Nai Jia anticipates this enhanced initiative to benefit consumers over the long run.
The Straits Times, 3 Sep 2021
Notwithstanding escalating costs arising from pandemic headwinds more firms are entering the construction industry than those exiting. Professor Sing Tien Foo notes a similar trend in F&B, as retailers seek to leverage on online demand.
TODAY, 3 Sep 2021
S-REITS are keeping their debt obligations in check in spite of pandemic headwinds. Dr Lee Nai Jia says that they need to keep their credit risks low and also limit their reliance on short-term debt.
The Business Times, 3 Sep 2021
新加坡国立大学房地产与城市研究院（IREUS）昨天发布的7月份房地产价格指数（NUS SRPI）显示，整体非有地私宅转售价格指数为159.2，为2013年10月以来最高。
Lianhe Zaobao, 31 Aug 2021
Robust demand from Chinese tech giants have driven up the commercial real estate market here. Professor Sing Tien Foo adds that the US-China trade war might also have pushed firms to relocate to Singapore.
South China Morning Post, 25 Aug 2021
Developers polled in the 2Q 2021 Real Estate Sentiment Index (RESI) survey had overwhelmingly highlighted the elevated costs of labour and building materials as a major issue. Professor Sing Tien Foo remarks that it is the first time that respondents had indicated such a high level of concern over construction costs.
The Straits Times, 23 Aug 2021
The top two agencies here – PropNex and ERA – have collectively accounted for an annual 70% of HDB resale transactions since 2017. Dr Lee Nai Jia shares his views on what this means for consumers and other market players.
The Business Times, 19 Aug 2021
As e-commerce and the logistics it entails burgeon, infrastructure needs to evolve to cater for new demands, which also includes better protecting delivery drivers and riders as they navigate amid a dense landscape, says Professor Sing Tien Foo.
Channel NewsAsia, 14 Aug 2021
In a thriving HDB resale landscape that remains highly relevant even today, the distribution of rewards appears to be remarkably uneven. Among other factors, Dr Lee Nai Jia cites the importance of having a network to make headway in a competitive industry.
The Business Times, 6 Aug 2021
发展成本上涨，促使本地房地产业者今年第二季的行情稍微受到打击，但由于新加坡的疫苗接种取得重大进展，未来行情应会保持乐观。
Lianhe Zaobao, 4 Aug 2021
The National University of Singapore Real Estate’s (NUS+RE) composite sentiment index dipped for the first time in Q2 after four consecutive months of upward movement. Dr Lee Nai Jia attributes this to higher development costs, but adds that the future sentiment index ought to stay positive given Singapore's substantial progress in its vaccination drive.
The Business Times, 3 Aug 2021
With survey results showing stark asymmetry between buyers’ willingness to pay extra for higher tier Green Mark residential homes and the additional outlay required to develop such projects, Dr Lee Nai Jia highlights the need for more incentives.
The Business Times, 3 Aug 2021
Professor Sing Tien Foo warns against speculative behaviour that may lead to a property bubble. If too many HDB owners flip their first homes at the first opportunity, and there are too few long-term owner-occupiers, it could throw the whole market off balance and prices could come crashing down, cautions Professor Sing.
TODAY, 31 July 2021
Dr Lee Nai Jia noted that medium-sized agencies that are facing rising costs and attrition of agents will come under pressure to either join the larger agencies or pivot to a boutique model targeting sub-segments by location or type.
The Business Times, 29 July 2021
新加坡国立大学房地产与城市研究院（IREUS）昨天发布的6月份房地产价格指数（NUS SRPI）显示，整体非有地私宅转售价格指数为158.4，为2013年11月以来最高。
Lianhe Zaobao, 29 July 2021
With the possibility of Covid-19 becoming a permanent fixture in our lives, there is a pressing need to plan for a resilient and sustainable city that can quickly adapt to emergencies, Professor Sing Tien Foo tells The Straits Times.
The Straits Times, 19 July 2021
Since 2017, the number of property agents has been on the rise. However, with fewer new launches and completions in the pipeline, Dr Lee Nai Jia expects competition in the agency landscape to intensify.
The Business Times, 16 July 2021
在“安得广厦千万间”的基础上，公共住房政策必须坚持具包容性的多元社区的理念，让不同背景、收入和种族的家庭，能够一起生活在同一个社区里。换言之，让天下的贫寒之士也有在黄金地段购买公共组屋的同等机会，这应该是杜甫诗中的第二句“大庇天下寒士俱欢颜”之涵义吧！
Lianhe Zaobao, 15 July 2021
Dr Lee Nai Jia shares his views on strata-titled car parks, which has attracted attention as an investment asset recently.
The Business Times, 12 July 2021
Commentary: 1 in 3 HDB resale flat buyers paid cash over valuation this year, up from 1 in 5 in 2020
With rising demand in the HDB resale market, more than 30% of HDB resale buyers are paying cash over valuation (COV) this year, compared to 1 in 5 in 2020. Professor Sing Tien Foo shares his views.
The Straits Times, 11 July 2021
With disruptions in the construction sector caused by Covid-19, the supply of public housing has been affected. Home seekers turning to the resale market have pushed up prices. Professor Sing Tien Foo shares his analysis.
Channel NewsAsia, 10 July 2021
Dr Lee Nai Jia notes that “suburban malls are not a uniform category whose members share identical attributes”. Going forward, retail space per capita – an indicator of competition for consumer spend – will figure as a key determinant of recovery in these malls.
The Business Times, 8 July 2021
In a surprising turn of events, the Australian Federal Government reportedly granted approval for CIC’s bid to buy an additional stake in Grosvenor Place, an iconic office building in Sydney. Professor Sing Tien Foo comments.
South China Morning Post, 7 July 2021
Amid a complex interplay of factors ranging from regulatory constraints to direct competition from other forms of accommodation, the future of student hostel space in Singapore remains uncertain. Dr Lee Nai Jia comments.
The Business Times, 6 July 2021
While the residential property sector has remained remarkably resilient, with home prices rising even amid the pandemic, the market is still “not considered overheated at this juncture” according to the MAS. Professor Sing Tien Foo and Dr Lee Nai Jia share their insights.
The Business Times, 30 June 2021
In an expansionary move, which will also give buyers in Singapore greater access to overseas properties, homegrown property service firms are venturing abroad in pursuit of new growth in the region. Professor Sing Tien Foo offers ideas on how overseas brokerages can help local investors.
CNA, 29 June 2021
我国5月份非有地私宅转售价环比上扬1%，为连续七个月走高。分析师认为，由于我国经济复苏在望以及疫苗接种的进展顺利，转售市场的买气接下来有望继续保持强劲。
Lianhe Zaobao, 29 June 2021
Following a record sale of a HDB terraced house for over $1.26 million earlier this month, these rare HDB properties have attracted attention. Professor Sing Tien Foo shares his views.
The Straits Times, 26 June 2021
Changing dynamics across physical and online retail arising from the pandemic may have irrevocably altered the landscape. Going forward, online sales is anticipated to play a bigger role, while physical retail may not return to pre-pandemic levels. Dr Lee Nai Jia shares his insights.
The Business Times, 25 June 2021
The Covid-19 pandemic has turned the agglomeration economy on its head. Once clustered in dense business hubs, offices are now seeking to decentralise and leverage on telecommuting. Does this mean the demise of the CBD? Professor Sing Tien Foo gives his take.
Urban Solutions, Issue 19, June 2021, Centre for Liveable Cities
Increasing affluence and changing demographics over the last decade have seen the share of condo dwellers rise in tandem. Professors Sing Tien Foo and Yu Shi-Ming share their insights.
The Business Times, 19 June 2021
With the possibility of social distancing becoming a recurrent affair, even as online sales continue to gain traction, F&B outlets may have to rethink their real estate footprint. Dr Lee Nai Jia weighs in on the topic.
The Business Times, 17 June 2021
While city centre BTO flats can be pricey, a look at flats across the island indicates why choice determines affordability, says Sing Tien Foo.
Channel News Asia, 8 June 2021
由于永久地契土地供应有限，因此两个位于相同地区的私人住宅，扣除了屋龄、面积、楼层和朝向等特性的差异后，永久地契住宅的价格，会比租赁地契住宅的价格来得高，这是两个房产的相比溢价。买家和卖家关注的问题是，永久地契住宅的溢价究竟多少才算合理？
Lianhe Zaobao, 4 June 2021
More residential land can be released, but an unintended consequence may be stiffer fight for labour, materials that lead to higher costs and price increases for homes.
The Business Times, 3 June 2021
我国非有地私宅转售价连续六个月走高，在4月份环比上扬0.2%。随着本地和区域经济体疫情在5月初再度升温，房地产分析师预期投资风险上扬可能让买家接下来更加谨慎。
Lianhe Zaobao, 29 May 2021
对于许多年轻夫妇来说，组屋仍是最实惠的住房选择。然而，随着房价的上涨，他们必须调整自己的期望。如果想选择需求高、靠近市中心的成熟组屋区的组屋，必须愿意支付更高的价格。
Lianhe Zaobao, 27 May 2021
The number of landed homes transacted at S$5 million and above in the first quarter this year again rose in tandem with the surge in trading activity on the Singapore stock exchange’s mainboard.
The Business Times, 20 May 2021
新加坡国立大学房地产（房地产系和城市与地产研究院的统称）前天联合发布的房地产行情指数（Real Estate Sentiment Index，简称RESI）显示，今年第一季房地产行情指数进一步改善。
Lianhe Zaobao, 7 May 2021
Business parks have proven to be more resilient than other subsectors in the industrial space. Data from JTC shows that while the rental index for all industrial spaces sank 14.4 per cent between Q2 2014 and Q1 2021, business parks bucked the trend by rising 5 per cent. This was due in part to limited supply.
The Business Times, 7 May 2021
Cooling measures now makeup the biggest risk faced by Singapore’s real estate market.
The Business Times, 6 May 2021
The pains of margin compression for property developers in Singapore look set to continue, given recent tightened border measures due to the surge of Covid-19 cases in India.
The Business Times, 6 May 2021
The growth of e-commerce and tight supply has helped bolster occupancy of warehouses amid the pandemic. However, the recovery has not been a uniform one, according to NUS’ Institute of Real Estate and Urban Studies.
The Business Times, 30 April 2021
根据新加坡国大房地产与城市研究院（IREUS）发布的预估数据，3月份整体房地产价格预估指数环比上涨0.3%，非有地私宅转售价已连续五个月上涨。
Lianhe Zaobao, 29 April 2021
Public housing is offered to the low-income and middle-income strata of Singaporean citizens at an affordable price and with generous Government subsidies.
Today, 22 April 2021
Despite a more sanguine economic outlook, factory space rents are expected to remain stable this year, tempered by new supply, says the National University of Singapore's Institute of Real Estate and Urban Studies (IREUS).
The Business Times, 22 April 2021
Commentary: Better prospects for warehouses this year
After pulling off a reasonably resilient performance in 2020 amid a full blown pandemic, warehouses could see rents pick up in 2021.
The Business Times, 15 April 2021
Retailers like Takashimaya are not only cutting costs, they’re preparing for a click-and-mortar future, says NUS Institute of Real Estate and Urban Studies’ Sing Tien Foo and Sophronia Sia.
Channel News Asia, 11 April 2021
The slump in office prices in the Central Area outpaced the decline in rents last year, likely due to the pandemic-linked uncertainties plaguing office market.
The Business Times, 8 April 2021
The rental gap between offices in the Central Area and the Fringe Area typically narrows during a downturn and widens during an upcycle. However, with Grade A offices popping up in the fringes – such as Paya Lebar – the narrowing of the rental gap has eased in recent years. Data from NUS’ Institute of Real Estate and Urban Studies (IREUS) looks at how the pandemic played out last year.
The Business Times, 1 April 2021
新加坡始终坚持规划宜居和可持续发展的城市，力图建设具有包容性和凝聚力的社会家园。在这一过程中，新加坡面临四个主要挑战，其中包括土地稀缺、人口结构变化、环境保护和可持续性，以及数码科技和共享经济所带来的颠覆性冲击。这些外在的因素，都影响新加坡社区的未来发展和规划方式。。
Lianhe Zaobao, 30 March 2021
新加坡国大房地产与城市研究院昨天发布的预估整体房地产价格指数（NUS SRPI）显示，今年2月份的非有地私宅整体转售价格指数为154.8，环比上涨0.5%。
Lianhe Zaobao, 30 March 2021
PRIVATE freehold lands are scarce in Singapore, where more than 80 per cent of the lands are state-owned. The government sells state lands with a finite tenure of 99 years to private developers for residential development purposes. The lands, together with any buildings and structures built on...
The Business Times, 26 March 2021
FRESH supply typically places downward pressure on office rents. But data from nus’ Institute of Real Estate and Urban studies (IREUS) shows that while the net supply of office space was limited in 2020, the take-up was slower too. This will have implications for the recovery in office rents.
The Business Times, 25 March 2021
There is a need to help low-income families afford flats in prime locations like the Greater Southern Waterfront, while avoiding the lottery effect. Professor Sing Tien Foo from the NUS School of Design and Environment suggests a housing grant tiered by income level, with levies to recover subsidies.
NUS, 21 March 2021
To help low-income families afford those flats, while avoiding the lottery effect, consider awarding a housing grant tiered by income level, with levies to recovery subsidies depreciating over time, says NUS’ Dr Sing Tien Foo.
Channel News Asia, 21 March 2021
Retail operators with physical outlets are struggling due to the relentless rise of online shopping both in Singapore and overseas.
The Business Times, 16 March 2021
The recovery in office rents could be a protracted one as companies review their office space needs, while rents at older buildings are expected to remain under pressure amid a flight to quality.
The Business Times, 11 March 2021
The pandemic has been tough on the retail industry, but some categories have outperformed others, going by data from NUS’ Institute of Real Estate and Urban Studies (IREUS). As such, shopping malls tweaking their retail mix in the future are expected to double down on retail segments which have shone over the past year.
The Business Times, 5 March 2021
Singapore's iconic shopping belt Orchard Road has always been a popular haunt among tourists. As such, the vacancy rate has generally risen when tourism spend takes a hit.
The Business Times, 25 February 2021
As the pandemic took hold last year, more people went online in search of retail therapy, food and even entertainment. Data collated by NUS’ Institute of Real Estate and Urban Studies (IREUS) shows that this trend isn’t going away anytime soon, which could have implications for the way retail malls are positioned in the future.
The Business Times, 16 February 2021
The retail industry has been adapting to structural changes in recent years but the pandemic has made it clear that those changes haven’t happened fast enough. Data from NUS’ Institute if Real Estate and Urban Studies (IREUS) sets the stage for how retailers must reposition themselves to survive.
The Business Times, 11 February 2021
面对疫情的冲击，更多企业借助科技重组，让业务可以继续运作，让员工通过通信科技远程办公。科技的广泛应用对工作模式的影响如果是永久性的话，也将对商业房地产市场和空间需求带来长远冲击。
Lianhe Zaobao, 9 February 2021
MORE market observers are expecting the Singapore government to step in to cool the private residential market, while spiking construction costs overtook economic woes as the top potential risk factor that may temper sentiment in the next six months.
The Business Times, 9 February 2021
Talk is rife that policy tweaks could be on horizon to cool Singapore's buoyant residential segment, as the government keeps an eye on the real estate market.
The Business Times, 8 February 2021
SINGAPORE (EDGEPROP) - Singapore’s housing market has started 2021 on a bullish streak. Based on the Property Ownership Aspirations Survey 2020–2021, conducted jointly by EdgeProp Singapore and Institute of Real Estate and Urban Studies at the National University of Singapore, 53% of respondents have indicated that they are looking to buy a residential property in the next 12 months (See Figure 1). The survey was conducted in December with 1,408 respondents.
EdgeProp, 5 February 2021
Private home purchases by foreign buyers picked up in the wake of the circuit breaker last year, even as travel curbs remained largely in place.
The Business Times, 1 February 2021
Post-lockdown, well-heeled locals free to view new flats; retail sector still hurting without tourism dollar
The Business Times, 25 January 2021
Higher unemployment is a symptom of Singapore’s worst recession since its independence – but all those dour numbers have not deterred home buyers here.
The Business Times, 19 January 2021
Private residential market resilience due to Singaporeans looking for investment, demand from HDB upgraders
The Business Times, 11 January 2021