Research and Markets: Singapore Real Estate Report Q4 2011 - Market has been booming

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/59ae49/singapore_real_est) has announced the addition of the "Singapore Real Estate Report Q4 2011" report to their offering.

Business Monitor International's Singapore Real Estate Report provides industry professionals and strategists, corporate analysts, real estate associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Singapore's Real Estate industry.

Singapore's real estate market has been booming since 2010, after recovering from the global downturn's effects in 2007-2009. Solid economic fundamentals, political stability and a transparent business environment are driving the property market.

The economy's record GDP growth of 14.5% in 2010 was one of the highest in the world - although a relatively steep correction in growth is expected over the next few years. BMI forecasts GDP growth rates of 5.9% in 2011 and 4.4% in 2012. However, economic fundamentals are sound, unemployment is low and consumer confidence is high. Strong performance in tourism is further benefiting the hotel and retail real estate markets.

Key Opportunities In The Real Estate Market:

• Private companies in Asia have been de-leveraging since the downturn in 2008 and are more capable of driving growth through investment and employment. Consumer demand has benefited from increasing urbanisation, rising incomes and the greater trade opportunities that have been developed.
• Singapore's real estate market across the board has been leading the Asia Pacific region. However, although in general rents are set to continue rising, this growth is beginning to slow. For now, it is still a landlord's market'.
• Capital values in all sectors have tended to shadow rents. However, the residential market is subject to risks from government policy changes.
• Singapore's real estate market is one of the most transparent in the world. According to Jones Lang LaSalle's 2010 Global Real Estate Transparency Index, Singapore ranks third in the world. Transparency International's 2010 Corruption Perceptions Index ranks Singapore equal highest (least corrupt) on the list of 178 countries.

Companies Mentioned:

• CapitaLand
• City Developments Limited (CDL)
• Dragages Singapore
• Keppel Land
• Sembcorp Industries
• Singapore Land (SingLand)
• UOL Group

For more information visit http://www.researchandmarkets.com/research/59ae49/singapore_real_est