Commercial Property
Singapore's retail scene welcomed back activity-based tenants in H1
They prefer the Orchard Road shopping belt and suburban districts.
Singapore's retail scene welcomed back activity-based tenants in H1
They prefer the Orchard Road shopping belt and suburban districts.
Rising tourist arrivals boosted Orchard Road rents in H1
Its ground-floor rents could lead the gradual rental recovery from 2018 to 2022.
Chart of the Day: Retail vacancy dipped 7.3% in Q2
Landlords are urged to be flexible in setting rents to support occupancy rate in the coming quarters.
Retail property sales hit $695m in H1 2018
The highest transaction was for the 50% stake in Capitol Piazza and Capitol Theatre for $349m.
Retail vacancy could rise amidst supply influx
Ground floor rents in key areas could lead the gradual recovery amidst sustained flattening out of rents.
$778m Sengkang Central site could lure first-time homebuyers and upgraders
It has a potential to launch at $1,650 to $1,700 psf with a 10% margin.
CapitaLand and CDL JV wins bid for Sengkang Central site for $777.78m
The 3.7 ha site will be developed into an integrated community hub with 700 apartments.
CBD Premium and Grade A office rents inched up 2.6% in Q2
CBD rents could further spike to around 10% to 12% in 2018.
Mixed use property sales jumped 30.2% to $1.5b in Q2
It was mainly backed by the public land sale of the $1.2b Holland Road property.
Chart of the Day: Commercial property sales ballooned 216.8% to $1.4b in Q2
The biggest transaction for the Q2 is the divestment of Twenty Anson for $516m.
Industrial property sales skyrocketed 295.1% to $794.4m in Q2
There was a rising institutional interest for data centres and hi-spec facilities amidst stabilising rents and prices.
Prime office tenants flee new buildings as landlords hold onto rising renewal rates
This bolstered net office take-up to 879,000 sqft, the highest since 2011.
CityDev's massive unsold landbank is key target for cooling measures
It faces heightened difficulty to sell its unsold stock.
CapitaLand to step up asset sales despite $3.1b in divestments in H1
The move is expected to boost ROE.
Supply crunch to boost Grade A office rents by 10% in 2018
Around 800,00 sqft of Grade A office space is expected to be completed by 2018 from 2.25m sq ft last year.
Half year net office take-up hits seven year high at 879,000 sq ft
This is about 75% higher than the five-year average (2013-2017).
Frasers Property Q3 profits down 8.6% to $182.41m
It blamed the timing of the sales and settlements in four of its major markets.