{"id":334098,"date":"2022-10-20T23:41:04","date_gmt":"2022-10-20T15:41:04","guid":{"rendered":"https:\/\/www.mingtiandi.com\/?p=334098"},"modified":"2023-01-26T11:24:25","modified_gmt":"2023-01-26T03:24:25","slug":"blackstone-te-capital-sdax-upbeat-on-sg-offices","status":"publish","type":"post","link":"https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/","title":{"rendered":"Blackstone, C&#038;W, TE Capital, SDAX Upbeat on Singapore Offices Amid Slowdown"},"content":{"rendered":"<div class=\"container-lazyload container-vimeo js-lazyload--not-loaded\"><a href=\"https:\/\/player.vimeo.com\/video\/762180513?h=55387f26f5\" id=\"762180513\" class=\"lazy-load-vimeo preview-lazyload preview-vimeo\" data-video-thumbnail=\"https:\/\/i.vimeocdn.com\/video\/1530911528-7cbf1102f962847bbc30fc0b2dcd332f2a00f7a056afa794a9b8f2983010943b-d_295x166\" data-video-title=\"Mingtiandi Singapore Office Panel\" title=\"Play video &quot;Mingtiandi Singapore Office Panel&quot;\">https:\/\/player.vimeo.com\/video\/762180513?h=55387f26f5<\/a><noscript>Video can&#8217;t be loaded because JavaScript is disabled: <a href=\"https:\/\/player.vimeo.com\/video\/762180513?h=55387f26f5\" title=\"Mingtiandi Singapore Office Panel\">Mingtiandi Singapore Office Panel (https:\/\/player.vimeo.com\/video\/762180513?h=55387f26f5)<\/a><\/noscript><\/div>\n<p>&nbsp;<br \/>\nDespite the drop-off in Singapore office investment this year after a record-breaking 2021, panellists at a Mingtiandi forum on Tuesday were optimistic that the Southeast Asian powerhouse would remain attractive to those keen on the sector.<\/p>\n<p>Peng Wei Tan, a Singapore-based managing director in the real estate group at Blackstone, drew attention to the Lion City\u2019s strong employment numbers and resilient economic growth as factors bolstering the case for owning office assets.<\/p>\n<p style=\"text-align: center;\"><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"mingt-1444219094\"><a data-no-instant=\"1\" href=\"https:\/\/info.altusgroup.com\/apac-altus-valuation\/?utm_campaign=23_AA_APAC_VA_Brand_Mingtiandi-Display-Ads_Website&#038;utm_medium=display-digital&#038;utm_source=&#038;utm_content=Website&#038;sfid=7012M000002m8TN\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"Altus - Valuation Management 780x250 Banner\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01.png\" alt=\"Altus - Valuation Management 780x250 Banner\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01.png 1560w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-400x128.png 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-1024x329.png 1024w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-1536x493.png 1536w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-640x206.png 640w\" sizes=\"(max-width: 1560px) 100vw, 1560px\" width=\"780\" height=\"250\"  style=\"display: inline-block;\" \/><\/a><\/div><\/p>\n<p>\u201cI think the fundamentals for Singapore office are some of the best in the region,\u201d Tan told the audience at the ParkRoyal Collection Marina Bay. \u201cSingapore and Seoul are very interesting markets. Singapore obviously has really established itself as a regional hub and is here to stay. Its handling of COVID has been exemplary. I think there\u2019s a lot of confidence in Singapore in general.\u201d<\/p>\n<p>With Grade A office supply in the market at historic lows, the current sub-4 percent vacancy rates are likely to tighten in the next few years, he said.<\/p>\n<h3>Long-Term Strength<\/h3>\n<p>Terence Teo, managing director of Singapore-based TE Capital Partners, highlighted the growing number of finance companies and family offices basing themselves in the city-state as a possible driver of office rent growth.<\/p>\n\n\t\t<style type=\"text\/css\">\n\t\t\t#gallery-1 {\n\t\t\t\tmargin: auto;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-item {\n\t\t\t\tfloat: left;\n\t\t\t\tmargin-top: 10px;\n\t\t\t\ttext-align: center;\n\t\t\t\twidth: 25%;\n\t\t\t}\n\t\t\t#gallery-1 img {\n\t\t\t\tborder: 2px solid #cfcfcf;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-caption {\n\t\t\t\tmargin-left: 0;\n\t\t\t}\n\t\t\t\/* see gallery_shortcode() in wp-includes\/media.php *\/\n\t\t<\/style>\n\t\t<div data-carousel-extra='{\"blog_id\":1,\"permalink\":\"https:\\\/\\\/www.mingtiandi.com\\\/real-estate\\\/events\\\/blackstone-te-capital-sdax-upbeat-on-sg-offices\\\/\"}' id='gallery-1' class='gallery galleryid-334098 gallery-columns-4 gallery-size-thumbnail'><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/attachment\/dsc05851-jpg-office-panel\/'><img decoding=\"async\" data-attachment-id=\"334223\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05851.JPG-Office-panel.jpg\" data-orig-size=\"1500,865\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;4.5&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7M3&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1666062442&quot;,&quot;copyright&quot;:&quot;2022 MTD Media&quot;,&quot;focal_length&quot;:&quot;28&quot;,&quot;iso&quot;:&quot;2000&quot;,&quot;shutter_speed&quot;:&quot;0.004&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"DSC05851.JPG &#8211; Office panel\" data-image-description=\"&lt;p&gt;Singapore Office Investment in 2022 Panel: Michale Cole, Mingtiandi; Peng Wei Tan, Blackstone; Terence Teo, TE Capital Partners; Xian Yang Wong, Cushman &#038; Wakefield; Chen Kien Kah, SDAX &lt;\/p&gt;\n\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05851.JPG-Office-panel-400x231.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05851.JPG-Office-panel-1024x591.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05851.JPG-Office-panel-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Panel: Singapore Office Investment in 2022\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05851.JPG-Office-panel-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05851.JPG-Office-panel-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05851.JPG-Office-panel-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05851.JPG-Office-panel-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05851.JPG-Office-panel-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/attachment\/dsc05881-jpg-xian-yang-wong\/'><img decoding=\"async\" data-attachment-id=\"334224\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05881.JPG-Xian-Yang-Wong.jpg\" data-orig-size=\"1500,1663\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7M3&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1666062726&quot;,&quot;copyright&quot;:&quot;2022 MTD Media&quot;,&quot;focal_length&quot;:&quot;180&quot;,&quot;iso&quot;:&quot;1600&quot;,&quot;shutter_speed&quot;:&quot;0.003125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"DSC05881.JPG &#8211; Xian Yang Wong\" data-image-description=\"&lt;p&gt;Xian Yang Wong, Cushman &#038; Wakefield&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05881.JPG-Xian-Yang-Wong-361x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05881.JPG-Xian-Yang-Wong-924x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05881.JPG-Xian-Yang-Wong-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Xian Yang Wong, Cushman &amp; Wakefield\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05881.JPG-Xian-Yang-Wong-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05881.JPG-Xian-Yang-Wong-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05881.JPG-Xian-Yang-Wong-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05881.JPG-Xian-Yang-Wong-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05881.JPG-Xian-Yang-Wong-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/attachment\/dsc05909-jpg-chen-kien-kah\/'><img decoding=\"async\" data-attachment-id=\"334225\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05909.JPG-Chen-Kien-Kah.jpg\" data-orig-size=\"1500,1847\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7M3&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1666062966&quot;,&quot;copyright&quot;:&quot;2022 MTD Media&quot;,&quot;focal_length&quot;:&quot;180&quot;,&quot;iso&quot;:&quot;2500&quot;,&quot;shutter_speed&quot;:&quot;0.003125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"DSC05909.JPG &#8211; Chen Kien Kah\" data-image-description=\"&lt;p&gt;Chen Kien Kah, SDAX&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05909.JPG-Chen-Kien-Kah-325x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05909.JPG-Chen-Kien-Kah-832x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05909.JPG-Chen-Kien-Kah-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Chen Kien Kah, SDAX\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05909.JPG-Chen-Kien-Kah-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05909.JPG-Chen-Kien-Kah-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05909.JPG-Chen-Kien-Kah-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05909.JPG-Chen-Kien-Kah-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05909.JPG-Chen-Kien-Kah-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/attachment\/dsc05913-jpg-peng-wei-tan\/'><img decoding=\"async\" data-attachment-id=\"334226\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05913.JPG-Peng-Wei-Tan.jpg\" data-orig-size=\"1318,1920\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7M3&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1666062977&quot;,&quot;copyright&quot;:&quot;2022 MTD Media&quot;,&quot;focal_length&quot;:&quot;180&quot;,&quot;iso&quot;:&quot;2500&quot;,&quot;shutter_speed&quot;:&quot;0.003125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"DSC05913.JPG &#8211; Peng Wei Tan\" data-image-description=\"&lt;p&gt;Peng Wei Tan, Blackstone&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05913.JPG-Peng-Wei-Tan-275x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05913.JPG-Peng-Wei-Tan-703x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05913.JPG-Peng-Wei-Tan-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Peng Wei Tan, Blackstone\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05913.JPG-Peng-Wei-Tan-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05913.JPG-Peng-Wei-Tan-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05913.JPG-Peng-Wei-Tan-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05913.JPG-Peng-Wei-Tan-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05913.JPG-Peng-Wei-Tan-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/attachment\/dsc05921-jpg-chen-kian-kah\/'><img decoding=\"async\" data-attachment-id=\"334227\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05921.JPG-Chen-Kian-Kah.jpg\" data-orig-size=\"1377,1920\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7M3&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1666063001&quot;,&quot;copyright&quot;:&quot;2022 MTD Media&quot;,&quot;focal_length&quot;:&quot;180&quot;,&quot;iso&quot;:&quot;1600&quot;,&quot;shutter_speed&quot;:&quot;0.003125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"DSC05921.JPG &#8211; Chen Kian Kah\" data-image-description=\"&lt;p&gt;Chen Kien Kah, SDAX&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05921.JPG-Chen-Kian-Kah-287x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05921.JPG-Chen-Kian-Kah-734x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05921.JPG-Chen-Kian-Kah-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Chen Kien Kah, SDAX\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05921.JPG-Chen-Kian-Kah-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05921.JPG-Chen-Kian-Kah-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05921.JPG-Chen-Kian-Kah-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05921.JPG-Chen-Kian-Kah-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05921.JPG-Chen-Kian-Kah-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/attachment\/dsc05957-jpg-terence-teo\/'><img decoding=\"async\" data-attachment-id=\"334228\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05957.JPG-Terence-Teo.jpg\" data-orig-size=\"1366,1920\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7M3&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1666063169&quot;,&quot;copyright&quot;:&quot;2022 MTD Media&quot;,&quot;focal_length&quot;:&quot;180&quot;,&quot;iso&quot;:&quot;1250&quot;,&quot;shutter_speed&quot;:&quot;0.003125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"DSC05957.JPG &#8211; Terence Teo\" data-image-description=\"&lt;p&gt;Terence Teo, TE Capital Partners&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05957.JPG-Terence-Teo-285x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05957.JPG-Terence-Teo-729x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05957.JPG-Terence-Teo-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Terence Teo, TE Capital Partners\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05957.JPG-Terence-Teo-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05957.JPG-Terence-Teo-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05957.JPG-Terence-Teo-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05957.JPG-Terence-Teo-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC05957.JPG-Terence-Teo-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/attachment\/dsc06045\/'><img decoding=\"async\" data-attachment-id=\"334229\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06045.jpg\" data-orig-size=\"1381,1920\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7M3&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1666063892&quot;,&quot;copyright&quot;:&quot;2022 MTD Media&quot;,&quot;focal_length&quot;:&quot;180&quot;,&quot;iso&quot;:&quot;1250&quot;,&quot;shutter_speed&quot;:&quot;0.004&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"DSC06045\" data-image-description=\"&lt;p&gt;Terence Teo, TE Capital Partners&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06045-288x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06045-737x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06045-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Terence Teo, TE Capital Partners\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06045-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06045-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06045-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06045-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06045-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/attachment\/dsc06076-jpg-peng-wei-tan\/'><img decoding=\"async\" data-attachment-id=\"334231\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06076.JPG-Peng-Wei-Tan.jpg\" data-orig-size=\"1391,1920\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7M3&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1666064166&quot;,&quot;copyright&quot;:&quot;2022 MTD Media&quot;,&quot;focal_length&quot;:&quot;180&quot;,&quot;iso&quot;:&quot;1250&quot;,&quot;shutter_speed&quot;:&quot;0.003125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"DSC06076.JPG &#8211; Peng Wei Tan\" data-image-description=\"&lt;p&gt;Peng Wei Tan, Blackstone&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06076.JPG-Peng-Wei-Tan-290x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06076.JPG-Peng-Wei-Tan-742x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06076.JPG-Peng-Wei-Tan-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Peng Wei Tan, Blackstone\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06076.JPG-Peng-Wei-Tan-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06076.JPG-Peng-Wei-Tan-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06076.JPG-Peng-Wei-Tan-640x640.jpg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06076.JPG-Peng-Wei-Tan-420x420.jpg 420w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/10\/DSC06076.JPG-Peng-Wei-Tan-250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/>\n\t\t<\/div>\n\n<p>\u201cIf you look at it from that point of view, it\u2019s not just these companies that are setting up, but I think companies in non-banking sectors, non-finance-related sectors, MNCs are looking to set up in Singapore,\u201d Teo said. \u201cThe long-term prospects for Singapore, especially in the office market, I think will do very well.\u201d<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/oxford-ivanhoe-kic-savills-on-singapore-india-markets\/\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"14 NOVEMBER 2023 conrad centennial Singapore\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><\/p>\n<p>After Cushman &amp; Wakefield <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/research-policy\/singapore-real-estate-investment-falls-70-as-commercial-market-freezes-over\/\">reported this month<\/a> that investment volume in commercial assets plunged 95 percent in the third quarter from the prior three-month total, the report\u2019s author and a panellist, Singapore research head Xian Yang Wong, hastened to reassure the assembled crowd.<\/p>\n<p>\u201cActually, if you\u2019re an asset owner I think this is the best time of your life,\u201d Wong deadpanned. \u201cBecause rents are shooting through the roof for office landlords.\u201d<\/p>\n<h3>Market Headwinds<\/h3>\n<p>Chen Kien Kah, who leads commercial strategy for digital assets exchange SDAX, said that despite the market\u2019s appealing qualities, the newly hawkish interest rate climate had made Singapore office deals more difficult to structure in recent months.<\/p>\n<p>Drawing on his experience at Singapore-based SDAX, Chen pointed to another potential headwind: job candidates\u2019 insistence on working at least some of the time from home in the post-pandemic era.<\/p>\n<p style=\"text-align: center;\"><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"mingt-1298321298\"><a data-no-instant=\"1\" href=\"https:\/\/www.yardi.asia\/Resource\/?resource=Technology+Transformation+in+Asian+Real+Estate+%28White+Paper%29&#038;utm_source=mingtiandi&#038;utm_medium=website&#038;utm_campaign=wp23ttare\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"Yardi &#8211; Asia Proptech Report 2023 v5_250\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/Yardi-Asia-Proptech-Report-2023-v5_250.gif\" alt=\"\"  width=\"780\" height=\"250\"  style=\"display: inline-block;\" \/><\/a><\/div><\/p>\n<p>\u201cFor us, actually we prefer to have everybody in the office,\u201d he said. \u201cIt makes it so much easier. Then again, I guess you can attribute that to the fact that I\u2019m old school, right? I still like to hop over to your desk and have a conversation with you instead of \u2014 I shouldn\u2019t be saying this, but \u2026 instead of using Teams.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"container-lazyload container-vimeo js-lazyload--not-loaded\">https:\/\/player.vimeo.com\/video\/762180513?h=55387f26f5Video can&#8217;t be loaded because JavaScript is disabled: Mingtiandi Singapore Office Panel (https:\/\/player.vimeo.com\/video\/762180513?h=55387f26f5)<\/div>\n<p>&nbsp; Despite the drop-off in Singapore office investment this year after a record-breaking 2021, panellists at a Mingtiandi forum on Tuesday were optimistic that&#8230;&nbsp;<a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-te-capital-sdax-upbeat-on-sg-offices\/\">Read&nbsp;More>><\/a><\/p>\n","protected":false},"author":9671,"featured_media":334222,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3456],"tags":[1473,503,5382,3457,5359,8380,8400,8985,9009,8383],"ppma_author":[8847],"authors":[{"term_id":8847,"user_id":9671,"is_guest":0,"slug":"christopher-caillavet","display_name":"Christopher Caillavet","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/500c291c35a85a2ad5827cf7c6d198e1?s=96&d=mm&r=g","user_url":"","last_name":"Caillavet","first_name":"Christopher","description":""}],"_links":{"self":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/334098"}],"collection":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/users\/9671"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/comments?post=334098"}],"version-history":[{"count":0,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/334098\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media\/334222"}],"wp:attachment":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media?parent=334098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/categories?post=334098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/tags?post=334098"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/ppma_author?post=334098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}