Commercial, Residential & Industrial Properties

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#11
(14-06-2013, 01:35 PM)KopiKat Wrote: From URA site,

Release of 1st Quarter 2013 real estate statistics

STOCK & VACANCY AND SUPPLY IN THE PIPELINE AS AT END OF 1ST QUARTER 2013

From the table, it seems office has the highest vacancy rate and the highest percentage of office space in terms of available space coming online. Office rates getting into trouble soon?

But looking at the grandfather reits, industrial seem to do worse than office
Reply
#12
(14-06-2013, 03:38 PM)Greenrookie Wrote:
(14-06-2013, 01:35 PM)KopiKat Wrote: From URA site,

Release of 1st Quarter 2013 real estate statistics

STOCK & VACANCY AND SUPPLY IN THE PIPELINE AS AT END OF 1ST QUARTER 2013

From the table, it seems office has the highest vacancy rate and the highest percentage of office space in terms of available space coming online. Office rates getting into trouble soon?

But looking at the grandfather reits, industrial seem to do worse than office

But, looking at the change in Vacancy Rate, for Office, there'd been an improvement ie. dropped from 9.4% (Q412) to 9.2% (Q113). For Factory Space, it increased from 6.9% to 7.0%.
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
Reply
#13
Excellent chart from swakoo. Thanks for sharing.
Also, looking at URA's data, what I can see is that a huge supply is coming on board at a time when the market is starting to turn soft.
I am also surprised that retail has 5% vacancy. Maybe my findings are skewed towards HDB shops as they are the more 'affordable' option relative to shopping centres. In most places you hardly find any vacant HDB shops and bidding is fast and furious at HDB's auction for such properties.
Reply
#14
(14-06-2013, 12:08 PM)Big Toe Wrote: 10% only?
From what I know rent for new Woodlands Industrial developments are dropping anything from 15-20% in terms of rental from a few months ago.
Rent is insanely low now. Compared to retail space in HDB suburbs(not shopping centres, shopping centres cost a whole lot more), rentals are around 8-10 times cheaper.
That means, for the same amount of money, you can either get the tiniest of retail space or a nice big modern industrial unit.

Big Toe

Can you share some figures, i.e. rate quoted on a psf basis, please?

P.S. Thanks to KopiKat for the interesting stats.
Reply
#15
(14-06-2013, 03:16 PM)swakoo Wrote:
(14-06-2013, 02:46 PM)NTL Wrote: From those listed, the order of biggest fall from peak to least fall should be in this order. (Using Lim&Tan online chart)

1. Ascendas (-19.5%)
2. Suntec (-19%)
3. CapitaMall (-14.5%)
4. PLife (-14%)
5. CapitaComm (-13.5%)

Why Suntec fall so much? And isn't Plife suppose to be the lowest risk?

These grandfather S-reits (apart from PLife) are very hi cap and liquid. When big funds are hot on any one particular of these reits, the peak can go very high. Hence if you make comparisons from their respective peaks, there could be some "distortion".
Ha! Ha!
You call these grandfather S-reits which is very true. And their backers are supposed to be "too big to fail"- all credited backers? If so is it that they can gear to 60% of NAV? So big funds always target them in and out. But most of them also asked for money during the GFC from the public leh. (Rights issue). But i like BIG FUND action.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#16
URA Release of 2nd Quarter 2013 real estate statistics is out

http://www.ura.gov.sg/pr/text/2013/pr13-47.html

I tabulated the data from URA for the last 6 quarters, I found that:

1) Office vacancy is consistently falling.
2) Factory vacancy has a big jump from 7 to 7.6% in the current quarter
3) With the exception of factory, % of planned devt to available supply is all in the range of 15-20%, factory % of planned devt is below 15%

I didn't track the residential units and EC, as my research is mainly for reits, but the % of development to available units for private residential units range from 20% to 30% and for EC is almost 100%!

Hmm... didn't residential units are so under-supplied in the past such that the govt has to ramp up supplies so much


Attached Files
.xlsx   URA supply.xlsx (Size: 15.04 KB / Downloads: 5)
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)