Alan Cheong, Savills Singapore
Alan Cheong, Savills Singapore
27 June 2024
Industry Insight: Structural shifts in the office property market
According to Savills World Research, office occupancy rates in Asia Pacific are the highest in the world at 88%. In contrast, Europe and North America occupancies are below 60% with major US cities such as San Francisco and Los Angeles still below 50% occupancy. Why the big difference between Asia Pacific and the West? What does this mean in terms of the office property sector? Alan Cheong, Executive Director, Research & Consultancy, Savills Singapore, offers his views.
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Listen To His Previous Podcasts:
8 January 2024
Viewpoint: Private home prices to remain flat in 2024, interest rates not a big factor impacting demand
For 2023 as a whole, private home prices in Singapore increased at a slower pace of 6.7%, compared to 8.6% in 2022, according to URA's flash estimates released on Jan 2, 2024. Will the private home market continue on the part towards stability as demand moderates and supply catches up? Alan Cheong, Executive Director, Research and Consultancy at Savills Singapore shares his viewpoints on the outlook of the private residential market for 2024.
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27 April 2023
What's Trending: Should you lose sleep over the latest hike in ABSD rates?
Singapore is raising property taxes in a bid to cool its red-hot housing market.
It's stepping up Additional Buyer Stamp Duty (ABSD) rates for residential properties, in a fresh round of cooling measures aimed at curbing investment demand.
So what does this mean for the property market? And what does this mean for you and me?
On What's Trending, Hongbin Jeong speaks to Alan Cheong, Executive Director, Research & Consultancy of Savills Singapore to find out more.
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21 December 2022
Why It Matters: Property outlook for 2023
As we round off the year, prices that condominium launches have been transacting at and rental prices, especially in recent months, may perplex and intrigue many of us.
Alan Cheong, Executive Director, Research & Consultancy, Savills Singapore shares how we got there and a lookahead at the property sector in 2023.
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29 November 2022
Money in the Market: Will the rental market to remain tight for the rest of this year?
Savills Research reports that rents of private residential properties are continuing their uninterrupted run across landed and non-landed properties. The rental index of these property types hit record levels in 24 years since the start of the URA time series in 1998. On Money in the Market, finance producer Hongbin Jeong speaks to Alan Cheong, Head & Director of Research & Consultancy at Savills to find out more.
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21 October 2022
Money in the market: Will industrial investments continue to shine?
Savills Research recently reported that industrial investment sales surged 240% quarter on quarter in Q3. In Money in the Market - Rachel Kelly and Willie Keng spoke with Alan Cheong, Head & Director of Research & Consultancy, Savills for his outlook on the investment potential of different property sectors.
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1 September 2020
Powering Your Property: Is it time to renegotiate your rent?
The second quarter of this year may have seen marginal rental declines across the board and weaker demand. However, some experts say that while this may have put some downward pressure on rents, not all landlords, especially those of high-end properties are ready to lease their units at a discount. But is it time for them to move the needle? Rachel Kelly speaks to Alan Cheong, Executive Director for Research at Savills Singapore to find out.
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7 April 2020
Impact of COVID-19 on the rental market
Not all sectors and geographies in the property market have been impacted equally by the COVID-19 pandemic. To tell us more is Alan Cheong, Head of Research & Consultancy at Savills Singapore.
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