Singapore declared the retail hub for Southeast Asia
In JLL’s newly released ‘Welcome to Retail in Asia Pacific’ report, James Assersohn, Director of Retail for JLL found the Singapore retail market is flourishing due to local and overseas customers.
Singapore the top Asia Pacific tourism spending destination
A recent report from JLL's Hotels and Hospitality Group indicates that Singapore claimed Asia Pacific's top spot in total tourism spending expenditure at USD $15.4 billion according to MasterCard’s 2017 Asia Pacific Destinations Index tourism survey.
DC Rates Revision Reflects The Chief Valuer’s Optimistic Outlook for Singapore Property market
A few sectors saw their DC rates adjusted upwards significantly in spite of the lack of land transactional evidence, but they closely mapped the designated growth areas identified by the Government.
Asian outbound investment gains momentum in H1 2017
Tom Moffat from CBRE explains that big ticket deals and diverse geographic mix are favoured by investors when deploying capital into global real estate.
Indonesia’s tax amnesty could see up to $7.5 billion USD invested in the real estate sector
Real estate consultant Indonesia Property Watch predicted that 60% of all repatriated funds will be invested in property and according to Todd Lauchlan, Country Head of JLL Indonesia overseas real estate investors pumped at least US$2.8 billion into Indonesia last year.