Singapore Property Industry Report - 2015

USD $449.00
Singapore Property Industry Report - 2015

This report profiles Singapore’s property industry, covering market data and trends through 2015. The report also highlights leading players in the sector including CapitaLand Ltd, City Developments Ltd and UOL Ltd.

Singapore’s economy is forecast to grow at a slower rate of 2.0-2.5% over the rest of 2015, weighed down by the sluggishness of the global economy that is likely to impact external demand and property market rentals.

The Urban Redevelopment Authority (URA) statistics showed Singapore property prices cooled down after the implementation of several rounds of curb measures. Investment sentiments particularly among foreign buyers in the high-end residential segment have taken a beating due to the property cooling measures. The latest round of cooling measures is also making borrowing more difficult. Despite growth in the number of transactions, the overall vacancy of the residential market grew in 2015. Rentals in the commercial segments also saw a decline due to higher vacancy rates

However, multinational corporations continue to seek quality office space in Singapore, as it remains an attractive business gateway to Asia amid a low interest rate environment. Retail market is also expected to remain stable backed by a high occupancy rate.

Key Points:

• According to the URA, there were a total of 322,149 residential properties available in the pipeline as of September 2015. Meanwhile, the vacancy rate of private residential units increased from 6.1% in Q3/2013 to 7.8% in Q3/2015

• Singapore office market continued to expand in Q3/2015 with a 2.3% y/y increase in supply. URA statistics showed that the island-wide office occupancy rate declined from 91.6% in Q3/2014 to 90.4% in Q3/2015 due to more supply.

• The property price index for private residential units declined by 4% y/y in Q3/2015. The property rental index also decreased by 4% y/y as against last year’s figure.


Table of Contents

1. Industry Profile
1.1 Sector overview
1.2 Residential sector
1.2.1 Landed
1.2.2 Non-landed
1.3 Industrial space
1.4 Office space
1.5 Retail space

2. Market Trends and Outlook
2.1 Property policy updates
2.2 Government land sales (GLS) programme
2.3 Shadow space
2.4 Market outlook

3. Leading Players and Comparative Matrix
3.1 Leading players
3.1.1 CapitaLand Limited (CapitaLand)
3.1.2 City Developments Limited (CDL)
3.1.3 UOL Ltd (UOL)
3.2 Comparative matrix
3.3 SWOT analysis

4. Tables and Charts
Table 1: Asia-Pacific house price index
Table 2: Confirmed list sites under H2/2015 GLS programme
Table 3: Key financial ratios of the leading players-annual
Table 4: Half-yearly results of the leading players

Chart 1: Singapore GDP growth rates (at 2005 market prices)
Chart 2: Interest rate and unemployment rate
Chart 3: Consumer Price Index (CPI) (change in %) (2009=100)
Chart 4: Private residential launches and sales
Chart 5: Price and rental index for residential properties
Chart 6: Private residential property transactions: value vs. deal
Chart 7: Private residential stock and vacancy rate
Chart 8: Landed property price index
Chart 9: Landed property rental index
Chart 10: Supply, demand and vacancy rate of landed units
Chart 11: Non-landed property price and rental index
Chart 12: Supply, demand and vacancy rate of non-landed units
Chart 13: Condominium statistics
Chart 14: HDB resale transaction volume and price index
Chart 15: Supply, demand and vacancy rate of factory space
Chart 16: Property Rental Index: Industrial space
Chart 17: Supply, demand and vacancy rate of office space
Chart 18: Property Rental Index: Office space
Chart 19: Supply, demand and vacancy rate of retail space
Chart 20: Property Rental Index: Retail space
Chart 21: Geography-wise EBIT break up of CapitaLand
Chart 22: Net sales of CapitaLand-annual
Chart 23: Net profit margins of CapitaLand
Chart 24: Segment wise revenue break up of CDL
Chart 25: Net sales of CDL-annual
Chart 26: Net profit margins of CDL
Chart 27: Segment wise revenue break up of UOL
Chart 28: Net sales of UOL-annual
Chart 29: Earnings per share of UOL

Number of pages: 27
Release Date: Thu, 05 Nov 2015