Commercial & Industrial Properties Singapore - Sales & Rental
(65) 6100 8123
Commercial and Industrial Properties For Sale or Rent in Singapore
Office, Shops, Restaurant, B1 and B2 industrial unit, Medical Clinic, Food Factory
Looking for a team of commercial property consultants to buy, sell or lease your commercial properties in Singapore? Then you are in the right environment. At CosySingapore, our team has the experience and have many customers in dealing with all sorts of commercial properties, such as offices, warehouses, general factories, storage, light and heavy industrial properties, medical suites and food factories.
When you have commercial property needs, do contact us and we will be most glad to assist you.
FOR SALE
FOR RENT OR LEASE
F&B
For Lease/Rent Singapore
Under Construction
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FEATURED PROPERTIES FOR SALE
Office Units for Sale
One Sophia
Address: Sophia Road/Selegie Road, District 9
Tenure: 99 year leasehold
For Sale: Premium office spaces
Type: Premium with sheltered drop off foyer and lobby
Status: Under-construction, estimated completion in 2029
Connectivity: Short distance to 4 MRT Stations
Sizes: From 1,119 sqft (103 sqm) to 4.533 sqft (423 sqm)
Price: From S$3,5xxx,xxx - PSF from S$3,1xx
Features: Mixed use development with residential and retail, 3 storey basement carpark, exclusive commercial drop-off point, outdoor communal gardens
Why?: Ideal size for most types of organisations, new launch advantages of able to choose best units, can buy adjoining units, valuation match by bank
108 ROBINSON
Address: Robinson Road, Heart of CBD
Tenure: Freehold
For Sale: Individual Office Floor
Type: Premium Office Spaces
Status: Completed, Able to view actual unit
Connectivity: Short Walk to 3 MRT Stations
Sizes: From 4,7xx sqft (44x sqm)
Price: From S$18,xxx,xxx - PSF from S$3,7xx
Features: Modern full glass facade, Sustainability features, Flexible, Efficient, one of the few premium office floors available for Sale in Central Business District
Why?: Freehold is rare, One of few premium office floors that you can buy, Many sustainability features, Distinctive with modern glass facade
Food Factory for Sale
CT FoodNex
Address: Mandai Road, at Mandai Food Zone
Tenure: Freehold
For Sale: Food Factory
Type: High Specs, ready for Central Kitchen, Food Processing and Cold Room
Status: Under-construction, estimated completion in Q1 2025
Connectivity: via KPE, SLE, KJE. Near to Woodlands and Causeway
Sizes: From 1,690 sqft (157 sqm)
Price: From S$2,.5xxx,xxx - PSF from S$1,5xx
Features: Special design with food factory high specs, Ramp up, 40 footer on ground floor, 20 footer for level 2 to 4
Why?: Freehold is rare, One of few high specs food factory that you can buy, prominent from the main road, easier access than other neighbouring factories
Restaurant F&B, Food Court and Shops for Sale
Retail Shops (Medical Suites) for Sale
COMMERCIAL PROPERTY SINGAPORE 2023 / 2024
Office Property Overview
The sale of office spaces increased in the last quarter of 2023 due to the stronger performance of Singapore's economy. The market for leasing office spaces also did well throughout the year, slightly better than the previous year.
There weren't many new office spaces built in 2023, which helped to increase the rent prices for office properties. The future looks bright for this sector because the economy is expected to keep improving in the second half of 2024, and interest rates might go down.
Office Property Outlook
As the economy gets better in the latter half of 2024, both rent prices and the value of office properties should go up. The government predicts that Singapore's economy will grow by 1% to 3% in 2024. Also, more people might invest in office properties, and prices might rise, especially if interest rates drop later in 2024.
However, there are still risks to consider, like tensions between countries, slow recovery in important markets, and inflation increasing business costs. Businesses might be cautious about expanding, which could affect office rent prices in the coming months. Also, because more office spaces are being built in 2024, it might be harder to find tenants.
Industry Property Overview
The sale of industrial properties slowed down in the last quarter of the year, compared to the previous quarter. This was the 13th consecutive quarter where prices went up, which might have made it harder for buyers and industrialists to afford properties. This slowdown happened even though the manufacturing sector was doing better.
A report from EDB Singapore, published on October 31, 2023, said that businesses in the manufacturing sector were feeling a bit more positive. Manufacturers were hopeful about their businesses in the months to come.
Industry Property Outlook
The World Bank's latest predictions show that global growth is expected to slow down for the third year in a row in 2024. They predict a growth rate of 2.4% for 2024, compared to 2.6% in 2023. Some challenges that might affect the market include disruptions in supply chains due to tensions between countries, higher costs for raw materials, and uncertain demand for trade. Prime Minister Lee Hsien Loong mentioned in his 2024 New Year message that Singapore's economy might grow in 2024, but it will depend a lot on what's happening outside the country.
Even though industrialists are cautiously hopeful, the demand for industrial properties is expected to stay low, at least for the first half of 2024. Plus, there are a lot of new properties being completed soon. Any increase in the value or rent of industrial properties will probably be small.
Have a Chat With Us
CosySingapore Consultants
Commercial Properties Singapore
8.00 am to 10.00 pm
Hotline: +65 6100 8123
Email: CosySingapore@gmail.com
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