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    EdgeProp

    Surbana Jurong Group ranked 13th largest architecture firm globally

    The WA100 2023 ranking follows a number of awards received by the group, including the HDB Design Award 2022 for Northshore StraitsView (pictured here) (Picture: Surbana Jurong)SINGAPORE (EDGEPROP) - Surbana Jurong Group is the 13th largest architecture and design firm in the world, according to the World Architecture 100 (WA100) 2023. The WA100 survey, annually published by architectural magazine Building Design, ranks the world’s largest architecture practices by the number of fee-earning arch

  • Business
    EdgeProp

    Retail rents fell further in 4Q2022, but occupancy improved

    Retail rents in the central region decreased by 1.1% q-o-q in 4Q2022, while islandwide vacancy rates declined by 0.7 percentage points (Picture: Albert Chua/The Edge Singapore)SINGAPORE (EDGEPROP) - Retail rents in the central region fell in 4Q2022, continuing a downward trajectory charted since 1Q2020. According to URA data released on Jan 27, retail rents in the central region decreased by 1.1% q-o-q last quarter, widening from the 0.4% q-o-q fall recorded in 3Q2022. “The URA retail rental ind

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    EdgeProp

    Private home prices inch up 0.4% in 4Q2022 amid caution from buyers and developers

    For the whole of 2022, RCR prices increased 9.7% y-o-y while OCR prices climbed 9.3% y-o-y. (Pictured, view towards Thomson and Balestier by Samuel Isaac Chua/The Edge Singapore)Prices of private residential properties increased by 0.4% q-o-q in 4Q2022. This was a slightly better performance than the 0.2% q-o-q increase indicated in the flash estimates released by URA on Jan 3. However, it is still a significant fall compared to the 3.8% q-o-q increase that was recorded in 3Q2022.For the whole o