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An exclusive marketing agent, Colliers International, has announced that a three-storey terrace factory located at Midview City is currently up for sale at a guide price of $6.2 million or $688 per square foot. The property is strategically located along Sin Ming Lane and is situated in the bustling Sin Ming Industrial Estate, making it an ideal investment opportunity.

Spanning across a total strata area of approximately 9,009 square feet, this factory features a basement and a rooftop terrace. It is zoned as a “Business 1” site under the URA Masterplan 2019 and is fully leased, with a 60-year leasehold tenure. The property is currently being used as a childcare centre by Star Learner preschool and is approved for this purpose.

Condo investment in Singapore requires careful consideration of financing options. With a variety of mortgage choices available, it is crucial to understand the Total Debt Servicing Ratio (TDSR) framework, which sets a cap on the amount of loan a borrower can take based on their income and existing debt. Seeking guidance from financial advisors or mortgage brokers can assist investors in making informed decisions about financing their investment and avoiding over-leveraging. Keep updated with the latest New Condo Launches for potential investment opportunities.

According to Colliers International, this is a rare opportunity for potential investors, especially since the property will be sold with the existing preschool operator in place. This adds significant value to the property, making it even more appealing for investment.

Completed in 2012, Midview City is a 60-year leasehold light industrial building that offers convenient access to Bright Hill MRT Station on the Thomson-East Coast Line. It is also easily accessible from Bishan and Upper Thomson residential areas, with two entrances via Sin Ming Lane and Bright Hill Drive. The property is situated in a prime location, making it a highly desirable investment for potential buyers.

Raphael Lee, the director of industrial services at Colliers, believes that this property’s strategic location and existing tenant make it a lucrative investment opportunity. Additionally, as a Business 1 light-industrial property, it is not subject to Additional Buyer’s Stamp Duty (ABSD) and can be purchased by foreigners.

The exclusive marketing agent has announced that interested parties can submit their Expression of Interest by April 29 at 3pm. This property is definitely worth considering, given the current market trends and its attractive features.…

BlackRock is seeing increased interest from investors looking to invest in real estate markets across the Asia Pacific region, particularly those with high liquidity, according to Hamish MacDonald, head and chief investment officer for APAC Real Estate at BlackRock. The company believes that the sectors set to benefit from economic tailwinds this year include accommodation, logistics, and alternative assets. Macdonald also notes that the countries with the greatest amount of liquidity this year are Australia, Japan, Singapore, and Auckland in New Zealand, which aligns with BlackRock’s focus for this year.

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When it comes to investing in property in Singapore, foreign investors must have a thorough understanding of the regulations and restrictions that apply. In comparison to landed properties, foreigners face less restrictions when purchasing condos. However, there is an Additional Buyer’s Stamp Duty (ABSD) of 20% that they must pay on their first property purchase. Despite this additional cost, the reliable stability and potential growth of the Singapore real estate market remain highly appealing to foreign investors. For the latest updates on new condo launches, visit New Condo Launches.

In Singapore, BlackRock has recently focused on acquiring serviced apartment properties, teaming up with YTL Corp in October 2023 to purchase Citadines Raffles Place for $290 million, and partnering with Hong Kong-based accommodation operator Weave Living to buy Citadines Mount Sophia for $148 million in February 2024. MacDonald believes that there is a shortage of new serviced apartment supply in Singapore, but a high demand for this type of accommodation. However, the company’s focus is not on building an aggregated portfolio, but rather on acquiring properties and working with a partner to refurbish and add value to them.

The influx of capital and high-skilled labor in Singapore is driving strong business growth, making it an attractive market for real estate investors. BlackRock remains optimistic about opportunities in Singapore, but Japan is also a key target for the company this year. According to MacDonald, BlackRock is bullish on the Japanese economy, and they see potential growth in real estate due to factors such as domestic pricing power, wage growth, and corporate reform. Daigo Hirai, head of Japan real estate at BlackRock APAC, adds that a combination of factors is contributing to rental increases in the Japanese residential market, with an expected 7% to 8% increase in rents across major cities like Tokyo and Osaka this year.

BlackRock is also looking to partner with an experienced operator to manage a hybrid residential investment strategy that caters to both inbound tourist accommodation and domestic rental demand in tourist-dominated cities like Kyoto and Fukuoka. In Australia, Ben Hickey, Head of Australia Real Estate at BlackRock, says that long-term population growth estimates support positive long-term growth across most sectors. The company is focusing on niche asset classes in Australia, including childcare properties, last-mile logistics assets, life science real estate, and self-storage properties, as they are “chronically undersupplied” and have the potential to generate outsized returns with limited risk.…

When purchasing a condo, it is crucial to take into account the ongoing maintenance and management of the property. These types of properties usually come with maintenance fees, which cover the upkeep of shared spaces and amenities. Although these fees may increase the overall cost of owning a condo, they play a critical role in maintaining the property’s condition and preserving its value. For a more hands-off investment experience, investors have the option of hiring a property management company to handle the day-to-day operations of their condos. Keep in mind to also keep an eye on New Condo Launches for potential investments.

The sizes of show flats may have seemed smaller in recent years, compared to what we were used to. This could be due to our perception of size being relative to our past experiences. Growing up, whether in HDBs or condos, our homes were generally larger in the 1990s and 2000s. For instance, the average size of new condos was 1,272 sq ft in 1995, 1,286 sq ft in 2005, and 858 sq ft in 2015. However, there has been a decrease in the average size over the years, with it increasing to 929 sq ft in 2024.

This decrease in size can also be attributed to the change in demographics. In 1995, the average household size was four, and it decreased to 3.6 in 2005, 3.4 in 2015, and further to 3.1 in 2024. This means that on a per-household-member basis, the average space was 318 sq ft in 1995, and it increased to 357 sq ft in 2005. However, it dropped to 252 sq ft in 2015 and then rebounded by 19% to 300 sq ft in 2024.

Over the last 29 years, there has been a decline of 5.7% in the average size of condos per capita. This is commendable, given the constraints of land in Singapore. This decrease would not have been possible without the intervention of the government. In 2008, the Rest of Central Region (RCR) saw the introduction of “Mickey Mouse” units, with the smallest unit being 258 sq ft. This made it easier for people to invest in property, with the cost of entry being as low as $375,000. This led to an increase in the number of “Mickey Mouse” units being built in the following years, sparking concerns about a decline in living standards.

To address this issue, the Urban Redevelopment Authority (URA) issued guidelines in 2011, limiting the number of dwelling units (DUs) in projects outside the Central Area. These developers were required to use an average size of 70 sq m to determine the maximum number of DUs, with four specific areas having a more stringent requirement of 100 sq m. This guideline went into effect in January 2012.

Despite this, there was a continued decline in the average size of DUs in the following years, putting a strain on infrastructure in areas with limited road capacity. To combat this, the URA tightened its guidelines in January 2019, requiring an average DU size of 85 sq m for projects outside the Central Area, with more areas now having a minimum requirement of 100 sq m.

This brought about an increase of 18.8% in the average size of DUs outside the Central Area in 2024, compared to 2019. However, there was a decline in the average size of DUs in the Central Area in 2020, prompting the URA to extend the guidelines to this area in 2023. These guidelines required that 20% of DUs in the Central Area must have a net internal area of at least 70 sq m.

To harmonize the strata area and gross floor area (GFA) definition, the URA made changes in June 2023, where areas like air-conditioning ledges were counted as strata area. In response to this, developers have started omitting aircon ledges in their DUs, leading to a decrease in average DU size by 6%.

In terms of market segments, the average size of DUs in the Rest of Central Region (RCR) saw the most significant increase, reaching 944 sq ft in 2024 from 789 sq ft in 2015, which is likely due to the more stringent control of 100 sq m average DU size in this area. In the Outside Central Region (OCR), the average DU size improved by 5.8%, reaching 898 sq ft in 2024 compared to 2015, while there was a decline of 11.7% in the average DU size in the Core Central Region (CCR) to 1,092 sq ft in 2024 from 1,236 sq ft in 2015.

Overall, the average size of DUs increased by 8.3% in 2024 to 929 sq ft compared to 2015’s 858 sq ft, due to the URA’s intervention. However, with the harmonization of the GFA definition, the average size may trend downwards. On the bright side, buyers can now enjoy better provisions and value for their purchases, with regulations in place to ensure a minimum size for DUs.…

The Silver Housing Bonus (SHB) and Fresh Start Housing Scheme (Fresh Start) will be improved by the Ministry of National Development (MND) as part of their continuing efforts to support the elderly in right-sizing and enhance public housing accessibility for low-income households who reside in HDB rental flats.

Currently, the SHB encourages elderly citizens to prepare better for retirement by transferring the value of their residential assets into their CPF Retirement Account (RA). Eligibility for the SHB requires applicants to be at least 55 years old, have a monthly income not exceeding $14,000, own a property with an Annual Value (AV) of not more than $21,000, and purchase a replacement HDB flat that is a three-room (excluding three-room terrace) or smaller.

Under the existing SHB framework, applicants may choose to top-up their CPF RA with up to $60,000 to receive a cash bonus of up to $30,000. The amount is pro-rated at $1 for every $2 top-up made into their RA.

Effective from Dec 1, 2019, applicants will be eligible for the SHB cash bonus as long as they can demonstrate that their right-sizing exercise resulted in a net increase in their CPF RA account balance from any source, including CPF housing refunds. This means that seniors with outstanding loans on their homes using their CPF accounts may no longer be required to make a cash top-up to qualify for the SHB.

The SHB has also been expanded to include seniors who own higher-valued properties. Now, applicants who own properties with an AV of more than $21,000 but less than or equal to $13,000 can also qualify for the SHB. This expansion is expected to benefit an additional 15,000 seniors, according to MND’s estimation.

Such applicants will still receive a cash bonus based on the amount their RA increases, up to $60,000. However, the amount will be pro-rated at $1 for every $6 their RA increases, up to $10,000.

On top of this pro-rated amount, successful SHB applicants will also receive a $10,000 cash bonus if they right-size to a two-room or smaller HDB flat (including Community Care Apartments). This sum is not pro-rated and will apply regardless of the amount they commit to their RA.

Seniors can apply for the SHB within a year of their second property transaction. Thus, seniors who complete their right-sizing after Dec 1, 2024, will be eligible to apply for the SHB on Dec 1, 2025, under the enhanced scheme.

Furthermore, Minister of State for National Development Muhammad Faishal Ibrahim announced an enhancement to the Fresh Start Housing Scheme. Launched in 2016, the program provides financial aid and social support to Second Timers (ST) families who have previously purchased a subsidised HDB flat, with the aim of helping them achieve home ownership.

When considering investing in a Singapore Condo, one must take into account the government’s property cooling measures. The Singaporean government has implemented various measures over the years to prevent speculation in the real estate market and maintain stability. This includes the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign buyers and those purchasing multiple properties. Although these measures may affect the immediate profitability of condo investments, they ultimately contribute to the long-term stability of the market, creating a secure investment environment.

Under the current Fresh Start scheme, applicants can purchase two-room flexi or three-room standard BTO flats on shorter leases, typically ranging from 45 to 65 years. These leases must last until the youngest owner reaches 95. Flats bought under this scheme are subject to an extended Minimum Occupation Period of 20 years, compared to the regular five years.

The improvements to the scheme include an increase in financial aid. Eligible families will now receive $75,000 from the Fresh Start Housing Grant, up from the previous $50,000. This grant comprises an initial disbursement of $60,000 credited to applicants’ CPF Ordinary Account (OA) before their key collection date. The remaining $15,000 will be disbursed to their OA over the next five years to support mortgage payments.

The eligibility criteria for the scheme have also been expanded to include First-Timer (FT) families. While FT families are not qualified to receive the Fresh Start Housing Grant as they are eligible for the larger Enhanced CPF Housing Grant (EHG) of up to $120,000, they will still benefit from the reduced cost of shorter-lease BTO units and the social support provided under the program.

Eligible FT families can apply for Fresh Start starting in April 2025, while the revisions to the Fresh Start Grant amount will take effect from the July 2025 BTO exercise.…

The Ministry of National Development (MND) has recently announced revisions to the Additional Buyer’s Stamp Duty (ABSD) regime for licensed housing developers, which will come into effect on March 6th.

When contemplating an investment in a Singapore Condo, it is crucial to also examine the potential rental yield. Rental yield refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, the rental yields for condos can vary significantly, depending on factors such as location, property condition, and market demand. Typically, areas with high rental demand, such as those near business districts or educational institutions, tend to provide a better rental yield. To gain a thorough understanding of a specific condo’s rental potential, it is beneficial to conduct thorough market research and seek guidance from real estate agents.

Among the changes, the ABSD remission timeline for developers undertaking complex projects will now be extended from six to 12 months. This move aims to encourage developers to undertake urban transformation developments, optimize land use through intensification or integration, rejuvenate older estates, or adopt new construction technologies.

The extension will apply to various projects, including en bloc redevelopments that will yield at least 700 units upon completion and have 1.5 times the number of homes of the existing development. Other projects that fall under this category are those with complex technical or instructional requirements, such as projects integrated with major public transport facilities.

In addition, projects approved under the Strategic Development Incentive (SDI) scheme and those aiming to achieve higher productivity targets through the adoption of new construction technologies, methodologies, or practices will also receive a six-month extension. For projects that meet the criteria of more than one category, a one-year extension will be granted. These changes will apply to all residential land acquired on or after March 6.

Currently, licensed housing developers purchasing residential redevelopment sites are subjected to 5% upfront ABSD, which is non-remittable, and 35% ABSD, which is remittable upon completion and sale of all units within five years.

These revisions follow changes announced in February last year, which offered a lower clawback rate for residential developments with at least 90% of units sold.

PropNex Realty CEO Ismail Gafoor states that “such extensions will give developers more flexibility and may help mitigate development risks to some extent, as they have more time to sell units, particularly for larger projects.”

According to Lee Sze Teck, senior director of data analytics at Huttons Asia, the revisions to the ABSD regime will “give a much-needed boost to the en bloc market, especially for larger en bloc projects.”

Christine Sun, chief researcher and strategist at OrangeTee Group, expects that developers may still face challenges despite the deadline extension as there are other factors to consider, such as the willingness of buyers and sellers to negotiate prices.

In light of the new policy change, ERA managing director of capital markets and investment sales Tay Liam Hiap believes that it could be “an opportune time” for older projects, like Braddell View and Pine Grove, to explore en bloc opportunities. These projects could potentially yield around 2,000 new homes, which may take more time to sell. However, Tay acknowledges that the extension of six to 12 months may not be sufficient for developers to sell out their projects.

Despite the potential benefits of the policy change, Gafoor does not expect it to “spark a revival in the en bloc market” and maintains that developers will continue to be cautious, considering the high cost of redevelopment, ample supply of oncoming private housing, and potential policy risks.…

Land Transport Authority (LTA) has announced that it is conducting feasibility studies for two new MRT lines, with an expected completion date in the 2040s. These new lines have the potential to serve more than 400,000 households.

The first proposed line, Seletar Line, is planned to connect areas including Woodlands, Sembawang, Sengkang West, Serangoon North, Whampoa, Kallang, and the Greater Southern Waterfront. The second line, currently named Tengah Line, aims to supplement the transport network in the west and northwest regions by serving areas such as Tengah, Bukit Batok, Queensway, and Bukit Merah.

Transport Minister Chee Hong Tat mentioned in a speech to Parliament on March 5 that the Seletar Line and Tengah Line may eventually be linked, depending on the outcome of LTA’s feasibility studies. Chee also announced LTA’s plans to move forward with the West Coast Extension (WCE), which will extend the Jurong Region Line (JRL) to connect with the Circle Line (CCL) and Cross Island Line (CRL).

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In the world of real estate, location is a defining factor in making a successful investment, and this is especially true in the Singapore market. When it comes to condos, being situated in central areas or near essential amenities like schools, shopping malls, and public transportation hubs can greatly increase the value of the property. Some prime locations in Singapore, such as Orchard Road, Marina Bay, and the Central Business District (CBD), have consistently shown steady growth in property values. Moreover, being in close proximity to reputable schools and educational institutions adds even more appeal to these condos, making them a highly desirable choice for families and boosting their investment potential. For more information on the latest condo launches, be sure to check out New Condo Launches.

The WCE will be implemented in two phases, with the first phase extending the JRL from Pandan Reservoir Station to meet the CRL by the late 2030s. The second phase aims to extend the JRL from West Coast Station to connect with the CCL’s Kent Ridge Station by the early 2040s. This extension is expected to save commuters traveling from the West to the city centre up to 20 minutes.

Looking to the future development of Singapore’s rail network, Chee announced the government’s plans to invest up to $1 billion over the next five years to maintain high-reliability standards in newer and older train systems. This investment will go towards condition monitoring systems for more targeted and proactive maintenance, the use of new technologies to improve maintenance efficiency, and providing training programs for rail workers.

The LTA believes that these efforts to expand the rail network, manage rail assets, and upskill the rail workforce will continue to provide commuters with convenient, reliable, and resilient public transport.…

ERA Realty Network, the appointed marketing agent, has announced the launch of Elias Green, a 99-year leasehold condo in Pasir Ris, for collective sale by public tender on March 6. With a guide price of $928 million, the property is expected to attract a lot of interest.

Built in 1994, the condo sits on a land area of 516,871 sq ft and has been zoned for residential use with a gross plot ratio of 1.4. It comprises of multiple blocks and offers a total of 419 apartments, ranging in sizes from 1,367 to 1,636 sq ft. The site’s original 99-year lease, which commenced in 1991, still has 65 years remaining.

Opting to invest in real estate is a strategic move that can significantly affect one’s financial future, especially in Singapore. With location being a crucial factor in a property’s value and potential, it is essential to consider the advantages of condo investments in this country. In particular, condos located in central areas or near essential amenities such as schools, shopping malls, and public transportation tend to experience faster appreciation in value. Singapore boasts prime locations like Orchard Road, Marina Bay, and the Central Business District (CBD), where properties have consistently shown positive growth over time. The presence of renowned schools and educational institutions in these areas further contributes to the desirability of condos, making them a wise investment choice for families. Hence, including a condo in one of these prime locations can greatly enhance the overall success of a real estate investment.

According to ERA, the guide price of $928 million translates to a land rate of $1,355 psf per plot ratio (ppr). This figure also includes a land betterment charge of $150.8 million for intensification and a top-up to a fresh 99-year lease. An additional 10% bonus gross floor area has also been factored into the price.

ERA further highlights that the owners of Elias Green are in the process of submitting an Outline Application to URA for a residential development with a higher gross plot ratio of 1.8. If the application is approved, the land rate for the development will be approximately $1,245 psf ppr.

In the event of a successful collective sale, owners stand to receive gross sale proceeds ranging from approximately $2.04 million to $2.31 million per unit, based on the guide price.

Tay Liam Hiap, managing director of capital markets and investment sales at ERA Singapore, points out that Pasir Ris Town is currently undergoing significant improvements as part of HDB’s “Remaking Our Heartland” initiative, which will enhance its vibrancy and connectivity.

He also adds that the future completion of the Pasir Ris Bus Interchange and the Cross Island Line (CRL) in 2025 and 2030 respectively, will further improve connectivity within Singapore, making it an even more attractive location for potential homeowners.

This is the second time that owners at Elias Green are attempting a collective sale. The first attempt was made in 2018, with a tender launch price of $780 million. The current guide price of $928 million is 19% higher than the previous attempt.

The tender for Elias Green will close on April 22 at 2pm. Interested parties can check out the latest listings for properties in Elias Green.…

The decision to invest in a condo in Singapore is increasingly favored by both local and foreign investors, drawn to the country’s strong economy, stable political climate, and high quality of life. The real estate market in Singapore presents a wealth of opportunities, with condos standing out for their attractive combination of convenience, amenities, and potential for lucrative returns. In this article, we will delve into the advantages, factors to consider, and important steps to take when looking to invest in a condominium in Singapore from the expertise of Condo property professionals.

The tender for Media Circle (Parcel A), a 99-year leasehold site located in Singapore’s one-north area, closed on March 4. The top bid of $315 million was submitted by a consortium of Qingjian Realty, Forsea Holdings, and minority investor Hoovasun Holding. The bid translates to a land rate of $1,037 psf per plot ratio (ppr) for the 82,125 sq ft site, which can potentially yield about 325 housing units and commercial spaces on level 1. Qingjian and Forsea say that the future development will feature two high-rise residential towers. The site received a total of three bids, with the Qingjian-Forsea consortium’s bid being 5.7% higher than the next bid. The partners paid a lower land rate for a neighbouring Media Circle GLS plot, which is now the site of the upcoming Bloomsbury Residences. However, the developers express their confidence in the area’s transformation and government’s continued investment in one-north precinct. The future project at Media Circle (Parcel A) will be the third joint venture between Qingjian and Forsea. The Media Circle (Parcel A) site was launched for sale last November, together with Media Circle (Parcel B) on the Confirmed List of the 2H2024 GLS Programme. Another Media Circle site is available under the Reserve List of the 1H2025 GLS Programme. According to market experts, the Media Circle area offers potential for a high-priced project due to its unique location, proximity to greenery and commercial areas, and strong pool of quality tenants. They suggest that the future project could launch with selling prices starting from $2,300 psf.…

Hotel Properties Ltd (HPL), a prominent property player and hotelier, is broadening its global presence with the planned purchase of InterContinental Auckland for a staggering NZ$180 million ($138.5 million). This marks the company’s debut in New Zealand and its second acquisition of an InterContinental property, following the InterContinental Maldives Maamunagau Resort.

Another advantage of investing in condominiums is the opportunity to leverage the property’s value for future investments. Numerous investors utilize their condos as collateral to secure additional funding for new ventures, allowing them to grow their real estate portfolio. This approach can potentially increase profits, but it also entails risks. It is vital to have a solid financial plan and carefully consider the potential ramifications of market fluctuations. Looking at Singapore Projects can also be beneficial for those considering condo investment.

According to JLL’s Asia Pacific Hotels & Hospitality Group, which facilitated the sale by New Zealand’s Precinct Properties, this off-market deal is the biggest single hotel asset transaction ever in New Zealand.

HPL’s acquisition of the InterContinental Auckland is in line with its strategy of expanding its luxury hospitality portfolio in key markets across the Asia Pacific region. The company attributes this growth plan to its seasoned hospitality management team and strong partnerships with renowned operators like IHG Hotels & Resorts.

Stephen Lau, chairman of HPL Hotels and Resorts, states that this purchase is a valuable opportunity to secure their first premium asset in New Zealand. The property boasts a prime location, seamlessly connected to the bustling NZ$1 billion Commercial Bay lifestyle precinct that opened in January 2024. Lau highlights that the hotel’s rooms offer breathtaking views of the Waitematā Harbour.

Although the existing hotel has 139 rooms, it has the potential to expand to 190 rooms by repurposing the current office space, if the need arises. This ensures ample headroom to cater to future demand. Moreover, HPL’s recent launches, including The Boathouse Tioman in Malaysia with 31 bungalows, and The Four Seasons Hotel Osaka with 176 rooms in Japan last year, reflect the company’s commitment to growing its luxury hospitality portfolio.

In terms of financial performance, HPL’s net fair value profit for FY2024 dropped by 95.1% year-on-year to $27.2 million, as announced earlier. However, with its expansion plans and strong partnerships, the company remains optimistic about its future growth prospects in the Asia Pacific region.…

Investor sentiment remains strong in the Asia Pacific (Apac) real estate market, with institutional investments totalling US$83.2 billion ($112 billion) in the second half of 2024, representing a 6% increase from the previous year, according to research by Colliers. This brings the full-year investments for 2024 to US$155.9 billion, an impressive 12% growth from 2023. This surge in investments indicates the resilience of the Apac market and sets the stage for a promising 2025, says Chris Pilgrim, Colliers’ managing director of global capital markets, Asia Pacific.

Singapore has a high demand for condos, mainly due to the limited land space available in the small island nation. With a growing population, Singapore faces challenges in finding more land for development. This has resulted in strict land use policies and a competitive real estate market, leading to constantly rising property prices. As a result, investing in real estate, especially in Singapore Condos, has become a profitable venture with the potential for capital appreciation.

Pilgrim also notes that domestic investors have been a key driving force in the growth of markets such as South Korea, Taiwan and New Zealand. In fact, local investors contributed over 80% of real estate inflows in these markets during the second half of 2024. The office sector was the biggest recipient of investments, accounting for US$26.5 billion or 32% of the total investment volume for the period. This represents a 14% increase from the previous year. The industrial and logistics sector followed closely, with US$22.6 billion in investments, representing a 29% year-on-year growth. The retail sector saw a significant rebound, recording US$15 billion in investments, supported by notable deals in Australia and South Korea. For the entire year, retail investments reached US$26.1 billion, up 27% from 2023.

According to Pilgrim, domestic capital will remain dominant in most markets in 2025, but offshore investments are expected to rise due to growing investor confidence and attractive valuations. While the office and industrial segments are expected to remain robust, Pilgrim believes that the retail, hospitality and alternative asset classes will gain traction as investors tap into the recovery momentum and changing consumer trends. Overall, Pilgrim believes that Apac’s real estate market will experience a sustained level of investment activity in 2025, supported by strong economic growth and continued policy support.…