I need evidence to prove commercial properties in Singapore are profitable and doing well. Can you provide proof and articles

Commercial properties in Singapore are expected to remain a lucrative and stable investment sector despite some global uncertainties. Here are some key points that highlight their profitability and resilience:

Investor Attraction

Singapore's commercial property market continues to be a key investment destination due to its strong fundamentals and long-term growth potential. Despite geopolitical uncertainties and economic challenges, core assets in prime locations are expected to remain attractive to investors.

Selective Investments

While investors are becoming more cautious and selective, private capital, family offices, and institutional investors continue to be active in the market. This selective approach is driven by higher financing costs and global economic uncertainty, but it does not deter investment in high-quality assets.

Growth in Alternative Assets

There is a growing interest in alternative commercial assets such as data centres, logistics, and sustainable office developments. This is partly because commercial properties are exempt from the Additional Buyer Stamp Duty (ABSD) for foreign investors, directing more capital into these sectors.

Sustainability

Green-certified properties are becoming the standard, aligning with Singapore's commitment to urban sustainability and environmentally friendly incentives. This trend is expected to attract top-tier investors who prioritize ESG (Environmental, Social, and Governance) principles.

Rental Growth

The office market in Singapore is showing encouraging signs, with Core CBD (Grade A) office rents forecasted to grow by 2% in 2025. The lack of new supply until 2028 and relatively low vacancies support this positive outlook.

Economic Stability

Singapore's reputation as a key business hub and safe haven, bolstered by its political neutrality and stable government policies, continues to support demand for commercial properties. The country's steady economic growth, supported by a tight labour market, higher export growth, and tourism recovery, also contributes to the sector's stability.

These factors collectively indicate that commercial properties in Singapore are not only profitable but also well-positioned to navigate global challenges and maintain their status as a premier investment hub.