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Lay Keng Lee

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Office

Bangkok : Swift rebound across major property sectors - Q3 2014

 Thailand’s economy rebounded in Q2 with a 0.2% year-on-year (y-o-y) growth. GDP growth turned positive in the second quarter and was largely supported by a 0.2% (...)

Office

Jakarta : Better outlook for office sector - Q3 2014

Indonesia’s economic growth continued to slow in Q2 with year-on-year (y-o-y) growth of 5.1%, as investment and exports growth slowed. Despite political uncertainty surrounding future government (...)

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 (...)

Office

Ho Chi Minh City : Developer activity in residential market picks up - Q3 2014

Vietnam’s GDP grew 6.2% year-on-year (y-o-y) in Q3 2014, bringing GDP growth for the first nine months of 2014 to 5.5%, compared to 5.1% as at (...)

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 (...)

Housing

Jakarta : Residential market to stabilize - Q2 2014

Against a backdrop of political uncertainty over the presidential elections in July, Indonesia’s economy expanded at a slower-than-expected year-on-year (y-o-y) growth rate of 5.2% in Q1 (...)

Investment

Bangkok : Easing tensions pave way for brighter H2 2014

Thailand’s economy contracted 0.6% year-on-year (y-o-y) in Q1. The economy weakened more than expected in the first quarter of this year as domestic activity was hampered (...)

Investment

Kuala Lumpur : New completions increase competition in retail sector - Q2 2014

The Malaysian economy registered strong growth of 6.2% in Q1, driven by a stronger expansion in domestic demand and a turnaround in net exports. The Overnight (...)

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 (...)

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 (...)

Housing

Singapore Residential : limited impact on first and second property demand

The Monetary Authority of Singapore (MAS) announced on 28 June the introduction of a Total Debt Servicing Ratio (TDSR) for all property loans granted by financial (...)

Housing

Singapore residential demand : sharp fall in resale volume - Q1 2013

Resale transaction volume fell sharply across all sub-markets both on a quarter-on-quarter (q-o-q) and year-on-year (y-o-y) basis. Monthly resale volume remained weak even till April 2013, (...)