Brexit might spur private home buying in Singapore, says report

But commercial properties are on the losing end.

With interest rates likely to stay lower for longer after the Brexit vote, analysts expect homebuyers to become more keen on snapping up condominium units in order to lock in low mortgage rates.

“The immediate Fed rate hike which is no longer on the cards could spur interest in private properties as
upgraders and investors take advantage of the lower mortgage rates,” noted a report from Cushman & Wakefield.

The report added that Singapore’s prime luxury property will be the asset choices of the rich should the
wealthy around the world takes a flight-to-safety route to ride out the volatility post-Brexit.

However, the private residential market’s good fortune may not necessarily spill over to the commercial property market. The report cautioned that corporate decision-making is likely to slow within certain global business sectors as occupiers pause to gain a better understanding of the ramifications for their operations.

Singaporean outbound investors are expected to stay keen on acquiring properties in the United Kingdom, particularly given that the UK is one of the top outbound real estate investment destinations for Singaporeans.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia