Jerome Wright, director of capital markets at Colliers, says: “There was strong demand for commercial (office and retail) properties in 3Q2019, with increasing foreign interest. Given Singapore’s strong market fundamentals and the favourable interest rate environment, we should expect investors’ interest to remain elevated.” He adds that incentives to redevelop older office buildings in the CBD, “coupled with tight vacancies and a light new supply pipeline, should encourage more investments into the sector”.