As of the third quarter of 2023, there was a total supply of 9.5 million square meters of hotel rooms in the pipeline. Hotel rooms made up the largest share of planned commercial real estate supply, despite the blows to the tourism industry from the COVID-19 pandemic.
Supply of commercial and industrial real estate Singapore as of 3rd quarter 2023, by sector
(in 1,000 square meters)
Characteristic
Planned supply in thousand square meters
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Urban Redevelopment Authority (Singapore), & Singapore Department of Statistics. (October 27, 2023). Supply of commercial and industrial real estate Singapore as of 3rd quarter 2023, by sector (in 1,000 square meters) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1223418/singapore-planned-supply-of-commercial-and-industrial-real-estate/
Urban Redevelopment Authority (Singapore), und Singapore Department of Statistics. "Supply of commercial and industrial real estate Singapore as of 3rd quarter 2023, by sector (in 1,000 square meters)." Chart. October 27, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1223418/singapore-planned-supply-of-commercial-and-industrial-real-estate/
Urban Redevelopment Authority (Singapore), Singapore Department of Statistics. (2023). Supply of commercial and industrial real estate Singapore as of 3rd quarter 2023, by sector (in 1,000 square meters). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1223418/singapore-planned-supply-of-commercial-and-industrial-real-estate/
Urban Redevelopment Authority (Singapore), and Singapore Department of Statistics. "Supply of Commercial and Industrial Real Estate Singapore as of 3rd Quarter 2023, by Sector (in 1,000 Square Meters)." Statista, Statista Inc., 27 Oct 2023, https://www.statista.com/statistics/1223418/singapore-planned-supply-of-commercial-and-industrial-real-estate/
Urban Redevelopment Authority (Singapore) & Singapore Department of Statistics, Supply of commercial and industrial real estate Singapore as of 3rd quarter 2023, by sector (in 1,000 square meters) Statista, https://www.statista.com/statistics/1223418/singapore-planned-supply-of-commercial-and-industrial-real-estate/ (last visited August 25, 2024)
Supply of commercial and industrial real estate Singapore as of 3rd quarter 2023, by sector (in 1,000 square meters) [Graph], Urban Redevelopment Authority (Singapore), & Singapore Department of Statistics, October 27, 2023. [Online]. Available: https://www.statista.com/statistics/1223418/singapore-planned-supply-of-commercial-and-industrial-real-estate/