According to recent research by Savills, Singapore has emerged as the fourth most active city in the Asia Pacific (Apac) region in terms of leasing activity in the legal sector for the first half of 2024. The city-state ranked behind Shanghai, Beijing, and Hong Kong, respectively.
Executive director of commercial at Savills Singapore, Ashley Swan, notes that while Singapore’s leasing market has been relatively subdued, legal firms have shown considerable activity. Swan explains that some firms have taken the opportunity to secure new premises with a refreshed working style in order to attract and retain top talent.
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Condo investment in Singapore is a highly attractive option, however, there is an important factor that must be taken into consideration – the government’s property cooling measures. In order to regulate the real estate market and discourage speculative buying, the Singaporean government has implemented several measures over the years. One of the …