Local Response | Adaptive Spaces

Voices from Singapore: How will people live, work and shop in the future?

Singapore Live-Work-Shop Report 2022

December 16, 2022

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In the first survey of its kind, CBRE polled more than 20,000 people worldwide – from Gen Z to Baby boomers – earlier this year to understand how they will live, work and shop in the future, and how this will impact the real estate they use. Included in the survey were around 1,000 respondents from Singapore.

The survey findings revealed fresh insights that can be harnessed to inform real estate occupier and investor strategies, and ensure that real estate is positioned to meet users’ evolving needs.

Key findings include:

LIVE

One-third of respondents want to move their home; city centre areas remain most popular
Homebuying sentiment remains robust
The pandemic has prompted a shift in home selection criteria

WORK

A desire for greater flexibility is supporting the adoption of hybrid working
Location is key: city centre offices remain most popular
Workplace quality matters

SHOP

Most consumers prefer omnichannel shopping
Singapore consumers are upbeat about their finances
Ethical consumerism is growing

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The Global Live-Work-Shop Report Data Dashboard

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