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Singapore

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Singapore
Last Updated: 5-Jan-2010
Market Overview
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Market Research

* Click on each category for a detailed definition.

RENT/SF/YEAR RENT/SF/YEAR
Low High Effective Avg. Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) SGD 19.91 SGD 26.54 N/A $ 14.22 $ 18.96 N/A N/A N/A
Class A (Prime) SGD 99.54 SGD 165.90 N/A $ 71.10 $ 118.50 N/A 5.0% 3.5%
Class B (Secondary) SGD 66.36 SGD 99.54 N/A $ 47.40 $ 71.10 N/A 10.0% 4.0%
 
Suburban Office
New Construction (AAA) SGD 13.27 SGD 19.91 N/A $ 9.48 $ 14.22 N/A N/A N/A
Class A (Prime) SGD 79.63 SGD 119.45 N/A $ 56.88 $ 85.32 N/A 10.0% 4.0%
Class B (Secondary) SGD 53.09 SGD 86.27 N/A $ 37.92 $ 61.62 N/A 15.0% 4.5%
 
Industrial
.50 N/A N/A N/A N/A N/A N/A N/A N/A
Manufacturing SGD 6.64 SGD 13.27 N/A $ 4.74 $ 9.48 N/A 25.0% 7.5%
High Tech / R&D SGD 19.91 SGD 39.82 N/A $ 14.22 $ 28.44 N/A 15.0% 6.0%
 
Retail
Downtown SGD 199.08 SGD 398.15 N/A $ 142.20 $ 284.39 N/A 3.0% 5.0%
Neigborhood Service Centers N/A N/A N/A N/A N/A N/A N/A N/A
Community Power Center N/A N/A N/A N/A N/A N/A N/A N/A
Regional Malls SGD 99.54 SGD 199.08 N/A $ 71.10 $ 142.20 N/A 2.0% 6.0%

Development Land Low/SF High/SF Low/SF High/SF
Office in CBD SGD 800.00 SGD 1,200.00 $ 571.43 $ 857.14
Land in Office Parks SGD 500.00 SGD 800.00 $ 357.14 $ 571.43
Land in Industrial Parks SGD 30.00 SGD 100.00 $ 21.43 $ 71.43
Office/Industrial Land - Non-park SGD 20.00 SGD 50.00 $ 14.29 $ 35.71
Retail/Commercial Land SGD 1,000.00 SGD 1,500.00 $ 714.29 $ 1,071.43
Residential SGD 600.00 SGD 2,000.00 $ 428.57 $ 1,428.57

Conversion 1.4SGD = 1 US$


 

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