Integrated or mixed-use developments bring multiple uses and amenities—residential, office, retail, and others—in one convenient space. Singapore’s aging population has also nudged developers to design spaces that emphasize accessibility and convenience for the city-state’s growing number of seniors.
E-commerce has finally arrived in Singapore in a big way. Amazon has appeared on the island’s shores, joining local etailers like Zalora and RedMart, and with meal delivery apps such as Deliveroo, FoodPanda, and UberEats, restaurant-grade food can come straight to your door. Nonetheless, the pipeline for brick-and-mortar retail remains strong, with a total of 509,000 square meters (5.5 million sq ft) of retail space of projects in the pipeline.
The Emerging Trends in Real Estate® Asia Pacific 2018report highlights the continued existence of excess liquidity in the region, with competition to buy prime assets in major Asian markets reaching “unprecedented levels.”
