SG Property News | April 10 2025
Singapore property news roundup for Thursday, April 10, 2025. Headlines link to the original publishers.
Global data centre market to hit US$4 tril by 2030; Apac sees bulk of 2024 investments: Knight Frank
Edgeprop
The global data centre market is set to see rapid growth in the next five years, following a strong rebound in 2024. According to Knight Frank’s latest Global Data Centres Report, worldwide data centre real estate transaction volume bounced back from an interest rate-hike driven slump in 2023 to hit US$31.8 billion ($42.9 billion) last year, up 118% y-o-y. Global transaction values averaged US$75.4 million in 2024, up 15% y-o-y and 44% higher than pre-Covid levels in 2019.
US tariffs impact could include global trade war; Singapore may downgrade full-year growth forecast: DPM Gan
The Business Times
Redevelopment site on Chai Chee Street for sale at $63 mil
Edgeprop
A redevelopment site zoned for health and medical care use on Chai Chee Street has been put up for sale via an expression of interest (EOI) with an indicative price of $63 million, according to exclusive marketing agent CBRE. The site sits on a land area of approximately 60,282 sq ft and is zoned for health and medical care use under the URA Master Plan 2019. The property comprises a four-storey medical facility with a gross floor area (GFA) of around 58,928 sq ft.
Amid 2025’s fresh uncertainties, opportunities and risks emerge in the HDB resale market
The Business Times
Taiwan’s AUO lowers asking price for Singapore industrial asset to $380 million
The Straits Times
How Trump’s Tariffs Could Affect Singapore’s Condo And HDB Prices
Stacked Homes
Explainer: Where Trump’s tariffs landed and how Singapore has been hit
The Business Times
How Couples Should Structure Property Ownership In Singapore (Before It Gets Messy)
Stacked Homes
When my partner and I started discussing marriage, one of the things we brought up was a prenup. Not exactly the most romantic conversation (and maybe even one that rubs some people the wrong way), but a necessary one. Because…
Will Singapore continue to attract real estate investors amid global troubles?
The Business Times