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Choon Fah Ong

Last update May 27, 2019 | Report an error

Housing

Singapore residential demand : Secondary market activity holds up better in Q3 - Q3 2014

Transactions of private homes fell by 32% quarter-on-quarter (q-o-q) to 2,722 units in Q3. Primary sales took a larger hit in Q3, declining by about 50% (...)

Investment

South East Asia : Property companies turn net sellers - Q3 2014

Real estate investment activity in Malaysia, Singapore and Thailand came in at USD5.2bn in Q3, on par with the amount invested in Q2. In 2014 to-date, (...)

Investment

Singapore : Mixed outlook across all sectors - Q3 2014

Based on advanced estimates by the Ministry of Trade and Industry (MTI), the Singapore economy grew moderately by 2.4% year-on-year (y-o-y), and 1.2% quarter-on-quarter (q-o-q) in (...)

Housing

Singapore residential demand : Non-Singaporean buyers more price-sensitive - Q2 2014

Transactions of private homes, increased by 55% quarter-on-quarter (q-o-q) in Q2 to 3,836 units. Sales in the primary market made up 60% of sales for the (...)

Investment

South East Asia : Improved sentiment boosts volume in Thailand - Q2 2014

After falling for two consecutive quarters, real estate investment in Malaysia, Singapore and Thailand grew 9.3% quarter-on-quarter (q-o-q) to USD4.8bn in Q2. This brought investment volume (...)

Office

Jakarta : Office market to cool further - Q1 2014

Indonesia’s economic growth for 2013 was registered at 5.8%, falling in line with, and at the upper end of the previous estimate of 5.5%-5.9% released by (...)

Office

Bangkok : Prolonged political conflicts weigh on property sector - Q1 2014

Thailand’s economy slowed for the fourth consecutive quarter in Q4 2013, growing 0.6% year-on-year (y-o-y), down from the 2.7% growth in Q3. The political conflicts, sluggish (...)

Investment

Kuala Lumpur : Weaker consumer sentiment impacts retail sector - Q1 2014

Bank Negara Malaysia (BNM) has widened its 2014 economic growth forecast from 5%-5.5% to 4.5%-5.5% to reflect heightened global uncertainties. BNM maintained the Overnight Policy Rate (...)

Investment

South East Asia : Activity falls further - Q1 2014

After falling by close to 60% quarter-on-quarter (q-o-q) in Q4 2013, real estate investment activity in Malaysia, Singapore and Thailand fell by a further 13.0% q-o-q (...)

Housing

Singapore : Demand to continue to be project-specific - Q4 2013

In 2013, buying activity in the residential property market was weaker than 2012, especially in H2 2013, after the implementation of the Total Debt Servicing Ratio (...)

Office

Jakarta : Property market resilient despite economic slowdown - Q4 2013

The GDP growth forecast for 2013 was maintained at 5.5%-5.9%. Bank Indonesia (BI) raised its benchmark interest rate (BI rate) by 25 basis points (bps) to (...)

Office

Bangkok : Political conflicts ignite risks and uncertainties - Q4 2013

Thailand’s economic growth fell for the third consecutive quarter in Q3 to 2.7% year-on-year (y-o-y) from 2.9% y-o-y in Q2. Weak domestic consumption and exports were (...)

Office

Singapore : Outlook for office sector most positive - Q4 2013

The Singapore economy expanded by 4.4% year-on-year (y-o-y) in Q4, bringing full-year growth to 3.7%, an improvement over 2012’s growth of 1.3%. While domestic cost pressures (...)

Investment

Kuala Lumpur : Market sentiment affected by cooling measures - Q4 2013

Amidst the uncertainty over the strength of the global economic recovery in 2014 and rising cost, Malaysia is still a bright spot for business within ASEAN. (...)

Office

Ho Chi Minh City : Office market showed some improvement - Q4 2013

Economic growth in Vietnam reached 5.42% for 2013 after the 6.04% improvement in Q4 (year-on-year). Foreign direct investments (FDI) increased during the year, but the property (...)

Housing

Singapore : Buyers to be more selective - Q3 2013

Sales volume in both the primary and secondary markets declined in Q3, with primary home sales registering a larger quarter-on-quarter (q-o-q) fall of 52.8%. Secondary home (...)

Office

Jakarta : healthy growth despite economic slowdown - Q2 2013

Economic growth in Indonesia continued to decelerate, against the backdrop of sluggish recovery in the global economies. Inflationary pressures remained high and are expected to persist (...)